Thursday Morning News w/MARTHA

It's now time for Martha's Morning UpDate!!!   Just because Martha is presently homeless & broke....don't let that fool ya!  She is still one of the most respected Financial Experts around!

martha wrote
3m ago
GOOD MORNING everyone. i wasnt going to come in after yesterdays fiascal for elmerf and me but I just caught something on their own sites that may interest you

I may have found the "sleeper" currency that Tony sort of elluded to yesterday

Last year IKO thought the Rupiah may come in at 9.00 and if you go to DG Blog it is showing there as such

Indonesia has a very strong position in the south east asia block. and has a strong GDP and commodities, etc

we need IKO to re-look at the numbers but remember-they already devalued to now reinstate and RV

this is what Tony was trying to say yesterday on the call without spitting out the rates-shop around!

people dont worry about the yuan, this was a very necessary move to kick start this event

these higher rates are called market rates

a lot of currencies will become what for a better term floater currencies in that their values will change daily

go into the first post of today-the vietnam-iraq one and read thru and if for no better reason bring it over since I dont know how to

the money reform was already passed,certified and published!

the announcements have been made. Tony told us this yesterday

I feel that what Tony said yesterday covers it-there wont be a true "announcement" the actions have been completed.now we wait for the markets to show their faces

Tony mentioned the UN operational sheet yesterday-it will be in print 8/14 for all to see

Abadi has already met in the past with China and I believe has already joined the AIIB

Abadi is probably firming up the new trade deal called The silk Road

the devalue wasnt done as a negative thing and europe needed some boosting

Abadi has been meeting with China and the BRICs as far back as last year when the Kurds stopped using the USD for their oil and started using Rubles and yuans for payment

Iko may have left but the next 24 hours are PRIME

INSANITY

So she is telling everyone what Tony really said without him really saying it?  She homeless, broke, a financial advisor AND a mind reader.

Given that Indonesia is a direct competitor with China and Vietnam for those "cheap" low skilled labor exports, and given what bother their currencies have lost value, it is VERY unlikely we will see any sort of move upward with their currency, but possibly the opposite.

https://www.dinardaily.net/t46060-china-devalues-yuan-for-third-straight-day#250696