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Member: Hope everybody is prepared for a unbelievable day. Hoping and PRAYING for a LOT of fine information in the present day.
MZ: on the foreign exchange…we’re beginning to see some very unusual values popping up. No person is exchanging….and values haven’t formally modified…..Perhaps they’re priming the system? It’s not but what we’re searching for. There are some actual ping pong video games happening with the foreign exchange. Makes us surprise “why?”
MZ: It seems from the skin trying in…..and from conversations from individuals on the bottom in Iraq that the markets try to power the CBI to maneuver. At this level I’m confused at what’s enjoying out. We appear to be watching the de coupling as issues begin to transfer….. and I used to be advised there can be a “dip” within the dinar proper earlier than the revalue. And that’s what we’re seeing. I hope this isn’t just a few form or anomaly…or wishful pondering on my half.
MZ: However, we’re watching precisely what I used to be advised to search for years in the past …from inversions…to bonds….to the loopy backwards and forwards information on values……This weakening of the dinar could possibly be them making an attempt to get extra dinar off the streets earlier than popping out with a float.
MZ: We try to make heads or tails out of all of this as a result of we’re additionally seeing on some overseas foreign money exchanges some loopy values on the dinar …the place its price $6-$7 {dollars}…to $4 {dollars}… .however no one is buying and selling it…and we’re seeing these charges and fluctuations….on a number of sorts of currencies….not simply Iraq.
MZ: My idea is “What occurs in a big revaluation like this?” What occurs after they commerce the values of many currencies unexpectedly? While you throw an enormous outdated rock within the pond…..you will note ripples or waves from that central location.
MZ: Now contemplate you might be throwing 20 rocks into the water.…. the ripples and waves will all overlap and cope with one another….I’m hypothesizing that what they’re doing is testing values to see what they do to different values…..I feel they’re priming us. I could possibly be incorrect. However I feel they’re priming us for worth modifications….and a couple of. This makes me really feel just a little extra heat and fuzzy that perhaps Iraq gained’t be going alone?
MZ: They haven’t modifications values but and we can’t go trade but……there’s nonetheless potentialities of a float…. And I’ll nonetheless put up a video about that later in the present day.
MZ: Nothing from bond people in the present day. I can discuss to them….they aren’t underneath NDA….jut nothing to report. They’re as annoyed as we’re. Cash is simply not shifting the way in which we anticipated it to……but.
MZ: Nothing else to report besides these loopy foreign exchange fluctuations that don’t make any sense.
Member: I don’t perceive what an RI or RV is.
MZ: A reinstatement can be going again to an authentic charge….a RV or revaluation can be a charge completely different than that…..and a float is someplace in between. I’ll put up a video this afternoon about this
Member: I’m simply amazed how this complete factor has taken a highway much less traveled … by no means anticipated the complexity!!!!
Member: Should you learn over the sum complete from F26, Claire, M&M , Nadler , Mark Z and stir in a serving to of widespread sense …. This whole factor has shifted for the optimistic however not like all of us anticipated !!!!
Member: I have to give Frank26 credit score which I’m in rush to do … he has hinted in any respect of this for months “ know when to carry em and when to fold them” …
Member: Will multi foreign money accounts be obtainable in any respect banks?
MZ: I’m advised multi foreign money accounts will probably be obtainable in any respect “taking part” banks for the foreign money trade.
Member: Mark any information concerning St Germain Funds at Christmas?
Member: Mark, do you continue to really feel that we might trade earlier than christmas?
Member: I’m wondering if the RV goes at a float can we soak up a few of our dinar in and redeem the remaining later?
Member: Positive want we’d see arrests begin to occur
Member: However its all occurring behind the scenes,, or has everybody wised as much as that lame excuse???
Member: GOD is Nice…Now we have gained this struggle already nevertheless it stinks just like the Southbound finish of a Northbound Zombie swamp donkey ready for the tip credit of this film!
Member: Everyone seems to be annoyed proper now, however we should maintain the religion!! God is in management!!
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