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Frank26 "No Need For a Programmed Rate Any Longer" 5/29/18

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Frank26 "No Need For a Programmed Rate Any Longer" 5/29/18

Post  roxy22222222 on Tue May 29, 2018 9:51 pm

1190...I know it looks negative to go from 1260 to 1190, but it’s not.  It’s the 2% compliance...they will start de-pegging from the dollar.  Auctions must stop because, since Thursday, they are selling US Dollars with no profit.  When the auctions stop it will raise the value of the currency.  ...1190 is not a disaster.  It’s a strategical move.  It’s a move for the short run to the Reinstatement, with no fractional banking and to expose the 2nd set of books.  The CBI with the US, IMF and WB knows what it is doing...They were told to “immediately” back away from selling USD...Immediately stopping the auctions means “International.”  With this move of 1190 they jumped the gun by two weeks...By doing this they don’t have to wait until June 15th...They have to do it way before June 15-16...No need for a "programmed rate" any longer.

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Re: Frank26 "No Need For a Programmed Rate Any Longer" 5/29/18

Post  Kevind53 on Tue May 29, 2018 10:09 pm

Blah. blah, blah .... as always you have nothing, except spin.

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