"Goal of the RV" - Thurs. PM KTFA Thoughts w/ Frank26 1/3/19

by **Ssmith** Fri Jan 04, 2019 10:14 am

KTFA

KBC123 » January 3rd, 2018

Okay folks, I've just listened to "dessert" for the third time. Here's my opinion of what might be "in the shadows" and about to be revealed:

Iraqi banks, including the Trade Bank of Iraq, have been "twinning" with the US Central Banks for some time now. This means sharing of information, technology and skill sets.

(Hence, the "T" for "twinning," having an additional meaning beyond simply 1 "to" 1.) This informational sharing has brought Iraq up to international standards for any previous "gaps." Further, I'm "betting" this arrangement came to an end "before year's end."

Conclusion: The project was successful. The iraqi dinar paired well with the USD at 1:1 and now is ready to stand on its own. This project's success will (or already has) achieved the confidence of the citizens as well as the investors from the Kwaiti Conference.

All of this will soon be released and made public internationally. It may already be known within Iraq. ???

How's that coach? All IMHO and just a SWAG.

Frank26 » January 3rd, 2018

(smile)

JList » January 3rd, 2018

The news about the stocks and currencies crashing today seem to provide evidence of what you are talking about in dessert (Wed. CC) last night Frank.

If a goal of the RV is to set a level playing field so that all currencies are based on assets of the country, we might be seeing this unfold today in the markets in a big way...

"In what some have suggested is a chained liquidation stemming from the collapse of AAPL shares after-hours, multiple FX pairs are flash-crashing across the globe amid still low liquidity conditions in what appears to have been the unwind of a pair trade where an AAPL long was "hedged" with a basket of FX carry longs."

USDJPY just flash-crashed a stunning 4 handles (the biggest drop since 2009 according to Reuters) to its lowest in over two years, as the JPY was suddenly panic bid against the USD, as the pair tumbled from 109 to as low as 104.87.

https://www.zerohedge.com/news/2019-01-02/multiple-fx-pairs-suddenly-flash-crashing