Fisherman1 feels The rates are going to be OK and everyone will be very happy with the total outcome.

1-24-2014 Intel Guru Fisherman1  We are finally at the end of the rainbow. I have studied countless hours over the past 2 weeks and a lot of Great things have been happening . I have made numerous phone calls and here are my findings. The money is all in place in the United States to make this happen. All 5 of the major banks will be able to cash you out when the Forex releases the rates and it will all go live simultaneously for the world to see. There has been a Davos Summit going on this week and concludes on Sunday. The theme of the Summit is to release this currency revalue and the GCR.  

The stock market was always supposed to take a hit because of the speculation of currency revaluation over this weekend and it has had a loss yesterday and lost 300 points today. This drop in the market is because this is the actual weekend that many currencies will revalue and it has shocked the market because of all the talk that is going around the world about the GCR. The banks will be able to cash everyone out and you will have many more options of exchanging than you think you do. The rates are going to be OK and everyone will be very happy with the total outcome. You will be able to negotiate bank fees but not rates. There has been a plan all along when this was going to happen...

To bad you didn't spend your time studying the facts. 300 points is nothing, 2% of the Dow average. The Davos summit has nothing to do with any supposed GCR, and you intel has nothing to do with fact.

Go get him Kevin!! 

This guy is just "fishing" but all he will catch is a one inch minnow .

I saw nothing like that on either Fox news, Fox Business, or Bloomberg when I was researching it. Nor did I find any references to it in CL's speech.

I am not disagreeing with you Kevin, believe me when it comes to this I know you know more about it than I do!  I'm just bringing up things for discussion, that I had read and heard.

U.S. equity markets took a beating Friday as traders ditched stocks amid anxiety over a burgeoning crisis in emerging-market currencies.
The Dow Jones Industrial Average sold off 318 points, or 2%, to 15879, the S&P 500 plummeted 38.2 points, or 2.1%, to 1791 and the Nasdaq Composite plunged 90.7 points, or 2.2%, to 4128.
For the week, the Dow fell 3.5%, the S&P 500 dropped 2.6% and the Nasdaq slumped 1.7%.
The Dow posted its worst week  on a percent basis since November 2011, while the S&P 500 logged its worst week since June 2012. Traders have been moving from assets that are seen as risky, to safe havens like U.S Treasury bonds. Meanwhile, the CBOE's VIX surged close to 30%. Wall Street's fear gauge was up 48% for the week -- the biggest jump since May 2010.
http://www.foxbusiness.com/markets/2014/01/24/wall-street-slammed-by-specter-emerging-market-contagion/

Also, read this ....

Here's what I found on MSN: Art Cashin said stocks ended at the day's lows with a Dow drop of more than 300 points because traders were worried some countries might use the weekend to adjust their currencies.

A few minutes before trading ended for the day, Cashin, UBS' director of floor operations at the NYSE, told CNBC's Closing Bell that "ordinarily Friday is the best day of the week—shorts tend to cover going into a weekend—but this is different because today we're worried about currencies. And nations use weekends to adjust their currencies. They usually do it on a Sunday when no one's around." As a result, traders wanted to reduce their risk and they did that by selling.
He added, "The bulls will have to do a lot of work to get things back to order. There's some serious damage."
Cashin predicted next week will be "critical" as the Federal Reserve holds its regular policy-making meeting. He believes there will be a lot of discussion about reducing the pace of the central bank's tapering to avoid further disrupting the markets.

Horizon,

I heard it too as I was watching CNBC on Friday... we just have to wait and hope that something is happening on Monday   if not, hey. we have 339 days left to dream

I missed that article, I've been on the road visiting grandkids so not much computer time this weekend. When you read further on though, there was a very specific cause, and it had nothing to do with the GCR:

The foreign exchange market was in focus Friday after Argentina moved to devalue its currency. The Argentine peso has tumbled 12.7% in the biggest devaluation in more than a decade, according to Nomura, as the government struggles to control its foreign reserves and attempts to boost its fragile economy. Other emerging-market currencies like the Turkish lira also took a beating.

A little later on they do link it to QE3:

Peter Boockvar, chief market analyst at The Lindsey Group, added that as the Federal Reserve eases its vast asset-purchase program -- called QE3 -- issues that had been brewing will bubble to the surface.

"This is contagion from the Fed and the possibility of no more QE. Who cares about Argentina, they’ve been a mess for many years," he said. "QE covers up all the warts and blemishes and once it starts going away, they all come to the surface."

Again, the Cashin article points toward jitters over the possibility that QE3 may be tapered off. No mention of any sort of currency ove the gurus are pointing toward.