NOV 3 - 9:45 am CST - JONNY

by AndieZ Thu Nov 03, 2011 12:57 pm

9:45AM CST -- JONNY: GOOD RE-MORNING ALL. WELL.... WE HAVE JUST TALKED TO SEVERAL SOURCES AT WELLS FARGO IN SEVERAL STATES. IT IS UNUSUAL -ALL OPEN BRANCHES SHOW THE OLD CBI RATES AT 1170 IQD = $1 USD YET THE WESTERN BRANCHES THAT ARE NOT OPEN SHOW A CASHABLE RATE. IT APPEARS AS THEY OPEN THEY GO BACK TO THE OLD RATE. WE HAVE CALLED THE I.T. DEPT OF THE BANK AND THEY WILL CHECK AND PROVIDE ANSWERS. BOTTOM LINE ... NO RV AS YET. WE WILL STAY AND ANSWER QUESTIONS

JONNY: SOMETHING IS OBVIOUSLY GOING ON

PAULBOY: JONNY - IS IT POSSIBLE THAT THE CLOSED BANKS HAVE RELOADED SYSTEMS WITH NEW RATE AND WILL OPEN WITH THAT RATE TOM. MORNING...WHILE THE OLD BANKS WON'T GET THAT NEW RATE DOWNLOADED UNTIL AFTER CLOSE TODAY? THEN THEY WOULD ALL SHOW UP TOMORROW?.
JONNYWG: PAULBOY.....YES

MANCHIMP: JONNY DOES THE G20 MEETING TODAY PLAY APART IN ACTIVATION??????
JONNYWG: THE G20 HAS NO PART. THEY ALREADY HAVE THEIR INPUT

CITYKITTY: JONNY, DO YOU THINK THIS COULD BE THE UNCONFIRMED REPORTS OF LIVE RATES IN OTHER MARKETS??
JONNYWG: CITYKITTY.....I DON'T KNOW

[1970LS6] JONNY ... DO YOU HAVE A BACK DOOR ON THIS HAPPENING? THANKS
[JONNY] THE ONLY BACK DOOR I KNOW IS AT MY HOUSE....... ALL OTHERS ARE GUESSES

[ARNOLDS] JONNY YES. CAN YOU TELL US IF EACH OF THE WESTERN BANKS HAVE THE SAME RATE AS OTHER WESTERN BANKS?
[JONNY] ALL WESTERN BANKS ARE THE SAME

[BILLUKE] JONNYWG HEY DO YOU THINK THE IQD WILL RV AS A "MANAGED FLOAT"?
[JONNY] BOTH WILL OPEN AS OPN CURRENCIES THE MANAGED FLOATS
[JONNY] THEY WILL NOT BE A MANAGED FLOAT TO START BUT AFTER RATE SETTLES IT WILL BECOME A MANAGED FLOAT FOR STABILITY

[JONNY] ALAWI IS THE BOSS. MALIKI IS A PUPPET THERE TO CONTROL IRAN.

[RGS] I DON'T BELIEVE THESE RATES ARE DOWNLOADED NUMBERS BUT RATHER THEY ARE DIRECT FEED OR DYNAMIC QUERIES FROM THE SOURCE. CURRENCY VALUES FLUCTUATE ALL DAY LONG BASED IN DEMAND AND SUPPLY. IF BANKS STORE THESE RATES LOCALLY LET'S SAY AT 8 AM AND IT CHANGES BY
[JONNY] RGS, YOU MAY BE CORRECT