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Post by Ssmith on Thu Aug 20, 2015 12:44 pm

martha wrote
1h ago

I may not quote this right but forex is going crazy like a blood bath and China dropped another 6% in devalue?


you actually need to devalue to revalue in a sense.It brings into alignment all countries on an equal playing field but the markets dont realize what is about to happen and call it currency wars.

China is sort of forcing it's way into being a reserve currency and I wouldnt be surprised that Iraq which will de-peg in the second basket will also become a reserve currency

The next baskets wont be 6 months apart and the next basket is without the USD

everything is sooner than later.

I say just sit back and watch things are now

the button was pushed and now its bringing it all together.Iraq has shown that everything is finished and the puzzle is completed.It is now a world timing piece which is beyond all of us.

we are there as Tony has been saying but remember we are part of something beyond a simple exchnage

it is also a possible plan based on factual information that we have all collected. It is also, if you go back in our history almost a repeat of 2014 with something new added in that we have never been this close before. This was never meant for us and we were pulled into something that is way beyond a simple currency exchange like Kuwait.



Martha just hopped up from the Financial Desk and is now at Hurricane Central giving you insight and information on Hurricane Danny.

Irene wrote
1h ago
Martha ____
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Post by dwm007 on Thu Aug 20, 2015 1:05 pm

"I wouldnt be surprised that Iraq which will de-peg in the second basket will also become a reserve currency"


Nor would every economist in the world be surprised, they would be DUMBFOUNDED!




Let's see here, Iraq is a war torn third world country with almost completely broken down infrastructure that can't deliver even basic services such as clean water and electricity to a large part of the country and can't maintain it for 24 hours a day where it does supply it, it's embroiled in a sectarian conflict and about a third of it's territory is held by extremist terrorists and the military seems unable to regain control after well over a year of trying, the Government is in a shambles and people are protesting in the streets demanding reform, they have no industry to speak of except for the highly volatile oil market and they are running huge budget deficits for the foreseeable future, etc!


Yeah RIGHT, it sure looks like they are situated in a perfect position for the Dinar to become a world reserve currency!     

Wow, these people just get stupider all the time!

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Post by Ssmith on Thu Aug 20, 2015 1:21 pm

This was my favorite:


"you actually need to devalue to revalue"

So many have wised up and moved on, only the bottom of the barrel remain.
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Post by dwm007 on Thu Aug 20, 2015 1:29 pm

@ssmith wrote:

So many have wised up and moved on, only the bottom of the barrel remain.


LMAO!

 So very true, that's a good one I wish I had of thought of it first!

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Post by Kevind53 on Thu Aug 20, 2015 8:37 pm

Let's see ... the Chinese Yuan Renminbi moved from .15660/USD to .15625/USD Wow ... that was significant ... NOT! Slaughter on the Forex? Really ... that would be news to the news ... the Euro took some big hits this week, but made them mostly back today, while the Asian market continues to sag, but a blood bath? Not hardly.

China is not likely to become a reserve currency, and the Dinar sure the heck is not. Other than that, Marth's intel is pretty much useless.

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