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BUTIFLDRM ECONOMY CHAT 07-18-2015


dinarbeleiver
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Posted Today, 12:47 AM

  • NRICHARDS: ‹@TxBrand› Oklahoma Governor has order all bases to carry Weapons as well.. Including Recruitment offices..
  • boomer: Hi guys
  • TxBrand: ‹@NRICHARDS› cool... I was wondering why Abbott didn't mention the bases
  • TxBrand: i didn't think they had jurisdiction over them ..do they?
  • NRICHARDS: ‹@TxBrand› I do not know.. I believe I have correct info. I will check again.
  • sczin11: GOOOOOOD EVENING EVERYBODY...HOPE ALL ARE WELL
  • sczin11: HERE IS THE BIG FIND TODAY..THANK YOU OOTW
  • sczin11: THREAD TITLE "MALIKI CORRUPTION TIED TO MELLI BANK - CBI TO STOP DEALING WITH MELLI BANK"
  • BOBBY: Ootw.. evening..... can I ask your thoughts on something?
  • Butifldrm: HI GUYS!
  • OOTW: SHOOT BOBBY - HI BUTI!
  • Butifldrm: SHOOT
  • OOTW: LOL
  • BOBBY: Thanks..... any proof about Maliki stepping down
  • OOTW: I HAVEN'T SEEN ANYTHING CONCLUSIVE
  • Butifldrm: SCIZN AND OOTW Y'ALL ARE AMAZING
  • OOTW: BUT I HAVE TO THINK THAT HE'LL BE TRIED FOR , AT THE VERY LEAST, CORRUPTION/CRIMES, BASED ON ALL THE EVIDENCE
  • OOTW: SO ARE YOU BUTI
  • BOBBY: Ootw... reason i asked.... I was over there from 04 to 06... Friend of mine emailed me from over there.. no word what so ever about the matter
  • OOTW: WELL IF YOU GO TO THIS THREAD...BRB...YOU'LL SEE SOME OF THE ISSUES - OF COURSE THERE'S MUCH MORE GOING ON WITH MOSUL, ASHRAF, CAMP LIBERTY, ETC....HIS LIST IS ENDLESS "MALIKI CORRUPTION TIED TO MELLI BANK" 
  • BOBBY: I find it very strange about it
  • OOTW: REMEMBER THAT A GROUP OF IRAQI LAWYERS AND OTHER "UPPER" MEMBERS OF IRAQI SOCIETY, SOME LOCATED IN OTHER COUNTRIES, RECENTLY SIGNED A PETITION TO HAVE MALIKI TRIED AT THE ICC
  • OOTW: INTERNATIONAL CRIMINAL COURT
  • OOTW: LOL
  • Butifldrm: OOTW HAVE YOU SEEN THIS?
  • Butifldrm: China Increases Gold Holdings By 57% "In One Month" In First Official Update Since 2009
  • OOTW: PEOPLE IN THE COMMUNITY SAY THAT THE REASON HE'S A SHIA HAS NOTHING TO DO WITH IT BUT, IMO, AT LEAST TO SOME DEGREE IT DOES, IN RELATIONSHIP TO HIS (CO) FOUNDING OF THE DAWA PARTY -JMHO
  • BOBBY: was also told the citizens are growing very very restless with the government
  • OOTW: YES THEY ARE BOBBY, DID YOU SEE THIS? NO I HAVEN'T BUTI, BRING IT ON
  • OOTW: "Basra's governor vows to implement the demands of the demonstrators"
  • OOTW: THE ARTICLE ABOVE/FIRST LINK IS ENTITLED: "MALIKI CORRUPTION TIED TO MELLI BANK - CBI TO STOP DEALING WITH MELLI BANK"
  • BOBBY: I saw that one earlier. ... sczin posted it
  • OOTW: YES - I THINK THERE'S MUCH GOING ON WE'RE JUST NO PRIVY TO
  • OOTW: HERE'S THE LINK TO "MY RESET" , BUTIFLDRM'S THREAD ON THE WORLD ECONOMY AND UPON WHICH THIS CHAT IS BASED
  • OOTW: China Increases Gold Holdings By 57% "In One Month" In First Official Update Since 2009
  • Butifldrm: YES IT'S A PRETTY GOOD ARTICLE, BECAUSE THERE HAS BEEN A LOT OF SPECULATION ABOUT CHINA'S GOLD RESERVES
  • OOTW: WHY THE SPECULATION?
  • Butifldrm: SOME BELIEVE THAT WHEN CHINA TRULY REVEALS THERE ENTIRE RESERVES IT COULD BE A GAME CHANGER FOR THE WORLD ECONOMY
  • Butifldrm: SPECULATION IS THAT CHINA HAS MORE GOLD THAN THEY ARE WILLING TO DISCLOSE
  • Butifldrm: imo THIS ARICLE CAME OUT BECAUSE OF THE PROBLEMS CHINA IS HAVING WITH THE STOCK MARKET AND THE BLACK MARKET
  • OOTW: TO TRY TO BOOST THE STOCK MARKET?
  • Butifldrm: CHINA'S STOCK MARKET FELL OVER 30% LAST WEEK
  • Butifldrm: THE BLACK MARKET IS IN SHAMBLES
  • Butifldrm: CHINA MUST SHOW SOME TYPE OF BACKING FOR IT'S INTERNATIONAL FINANCING
  • Butifldrm: I DO BELIEVE CHINA HAS MORE GOLD RESERVES THAN WHAT THIS ARTICLE IS EVEN SAYING
  • Butifldrm: THIS IS AN ARTICLE I FOUND IN IRAQI NEWS
  • Butifldrm: The Chinese Central Bank announced China's gold reserves stood at 1,450 tons at the end of June, up 57% from the previous time the modification numbers reserves by more than six years. Despite this increase in China's gold reserves, it now represents 1.65% of total foreign reserves, compared with 1.8% in June 2009 while for around 73% in the United States. China considers the gold reserves a State secret and not inform the IMF of size on a monthly basis, as do most other States. And the last time that China amended its gold reserves numbers were in 2009 when it raised the level to 1054.1 tonnes from 600 tonnes. He said the people's Bank of China (Central Bank) to invest in gold would be useful for risk management. He will continue to increase the reserves of the yellow metal through a number of international and local channels. He said that the increase of 604 tons worth 21 964 billion US dollars on Friday will help ensure security, liquidity and value of China's international reserves. These figures make China sixth globally, gold reserves, after the United States and Germany, IMF, Italy and France.
  • BOBBY: Has the US ever had there gold reserves audited?
  • Butifldrm: ‹@BOBBY› NOT SINCE Truman LOL
  • Butifldrm: BOBBY IMO THIS IS A BIG LIE
  • Butifldrm: CHINA HAS MUCH MORE GOLD
  • MichelleL: I read just the other day, that we have no real idea how much gold is being held in our reserves - could china's number be overblown?
  • Butifldrm: ‹@MichelleL› I THINK CHINA'S NUMBER ARE "UNDER BLOWN”
  • MichelleL: I don't doubt it Butifldrm - but wouldn't doubt either way
  • OOTW: HERE'S THE LINK TO THIS VIDEO HERE AT WEALTH WATCH. WORLD AND IQD411 . COM ITS IN THE "MY RESET" THREAD - LAST PAGE
  • Butifldrm: I TRULY DON'T THINK CHINA WHO HAS PRINTED MORE CURRENCY THAN THE US WOULD HAVE BILL BOARDS ALL OVER THE COUNTRY LIKE THIS
  • OOTW: THERE'S NO WAY YOU'D SEE THIS IN OUR COUNTRY   ;)
  • Butifldrm: NO WAY
  • Butifldrm: CHINA HAS HEDGED
  • Butifldrm: CHINA HAS ASKED TO BE PART OF THE SDR BASKET SINCE 2010
  • BOBBY: can you post the image on the main site?
  • OOTW: SURE HON
  • BOBBY: thank you..
  • Butifldrm: OBAMA AND GEITNER PROMISED IN 2010 FOR OUR CONGRESS TO PASS THESE REFORMS AND IT AHS NEVER HAPPENED
  • Butifldrm: HAS
  • OOTW: HERE YOU GO BOBBY
  • OOTW: ("MY RESET" THREAD) 
  • Butifldrm: SO CHINA HAS HEDGED
  • BOBBY: thanks much...
  • OOTW: YVW
  • Butifldrm: THERE HAS BEEN A LOT OF HOOPLA THIS YEAR ABOUT THE YUAN BEING ADDED TO THE SDR BASKET, BUT WE WILL HAVE TO WAIT UNTIL OCTOBER TO FIND OUT
  • Butifldrm: IMO IT WON'T HAPPEN
  • Butifldrm: NOT UNLESS THERE IS SOME ECONOMIC THING THAT HAPPENS TO THE US
  • Butifldrm: SOOOO. CHINA HAS HEDGED BY FORMING THE AIIB
  • Butifldrm: AND WE ALL KNOW WHO HAS JOINED THE AIIB
  • Butifldrm: ALL OF THE US ALLIES EXCEPT JAPAN AND SOUTH KOREA
  • Butifldrm: MEXICO AND CANADA
  • BOBBY: Butifldrm...when you say economic thing, can you elaborate please?
  • Winnerdinar: dollar collapse coming buti?
  • Butifldrm: ‹@Winnerdinar› HUMMM I’m NO ECONOMIST BUT THE WRITING IS ON THE WALL
  • Butifldrm: WE/US ARE GREECE ON STEROIDS AS FAR AS DEBT IS CONCERNED
  • Butifldrm: THIS IS A DEBT BASED GAME
  • Butifldrm: WE THE US HAVE THE ABILITY TO PRINT OUR WAY TO PROSPERITY RIGHT?....NOT
  • BOBBY: Butifldrm.. are you saying we owe? lol
  • Winnerdinar: global currency reset - 30-50% devaluation of the dollar. I have read that somewhere.
  • MichelleL: ‹@Winnerdinar› before or after the potential change in value?
  • MichelleL: 
  • Butifldrm: THE ONLY REASON WE HAVE THE THINGS WE HAVE IS THAT THE REST OF THE WORLD HAVE NOT CAUGHT ON TO THE TRUE VALUE OF THE DOLLAR.. OR THEY BELIEVE WE ARE THE BEST HORSE IN THE GLUE FACTORY
  • Butifldrm: TRULY THE REST OF THE WORLD ARE CATCHING ON ..EVEN BELGIUM IS SELLING THEIR US BONDS
  • BOBBY: I would agree with that statement
  • Butifldrm: ‹@Winnerdinar›I HAVE HEARD THAT TOO, BUT I CANNOT VALIDATE THAT
  • Butifldrm: I WOULD SAY TO MOST IN THE WORLD THAT THINGS ARE ON SALE RIGHT NOW
  • BOBBY: correct me if I am wrong please,,, if some currencies rise, others fall
  • Butifldrm: IN OTHER WORDS WHAT WE ARE PAYING FOR NECESSITIES ARE CHEAPER THAN THEY WILL EVER BE
  • Butifldrm: ‹@BOBBY› YES I DO BELIEVE WE WILL SEE SOME KIND OF RESET
  • chattels: good evening all
  • Winnerdinar: JFYI I spoke to a guy who says most financial institutions are worried about the dollar. Personally I see the invasion of Iraq to alleviate the problem the dollar is facing- so a total collapse does not happen. Thanks Buti I will now be my usual quiet observer
  • Butifldrm: HI CHATTELS
  • OOTW: GE CHATTELS...SO BUTI YOU'RE SAYING THAT WHAT WE'RE PAYING NOW FOR NECESSITIES WILL BE GOING UP MARKEDLY?
  • Butifldrm: ‹@Winnerdinar› YOU CHIME IN ANYTIME
  • MichelleL: Guess it’s time to prepay the funerals, while we still can afford it
  • chattels: waaaaaaaaassssssssuuuuuup ?
  • BOBBY: Chattels... hope your well
  • Donnie: ‹@Butifldrm› GE ma'am
  • Butifldrm: IMO, LIKE I SAID CHINA IS HEDGING AND SO ARE WE WITH THE DINAR
  • OOTW: ‹@Donnie› ‹@Donnie› ‹@Donnie› ‹@chattels› ‹@chattels› ‹@chattels›
  • chattels: not bad, thank you, and you ?
  • Butifldrm: ‹@Donnie› HI HONEY
  • chattels: ‹@BOBBY› ?
  • BOBBY: gets any better i won't be able to stand it Smile
  • chattels: Smile
  • Butifldrm: ‹@Winnerdinar› WE ARE LIVING WITHIN DEBT BASED SYSTEMS
  • Butifldrm: THE WHOLE FIAT CURRENCY SYSTEM IS DEBT BASED
  • Winnerdinar: Yes fiat currency
  • Butifldrm: OOTW YES!!!!
  • Winnerdinar: Backed by nothing but fresh air
  • BOBBY: hence the meaning money is an illusion
  • OOTW: ‹@Winnerdinar› SAD BUT PERHAPS TRUE
  • OOTW: MONEY IS LIKE ENERGY IT COMES AND GOES
  • Butifldrm: SO IMO WHEN THIS WHOLE THING SHAKES OUT THE COUNTRIES WITH THE LEAST DEBT WILL HAVE THE LEAST TO RECONCILE AND THEIR CURRENCIES WILL BE THE MOST VALUABLE
  • Butifldrm: ‹@BOBBY› MONEY IS GOLD AND SILVER TO ME... CURRENCY IS THE ILLUSION
  • Winnerdinar: Iraq is virtually debt free?
  • Butifldrm: AND WORTH ONLY THE VALUE OF THE FAITH BEHIND IT
  • Butifldrm: ‹@Winnerdinar› YES
  • BOBBY: Butifldrm... valid point
  • chattels: "Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild
  • Winnerdinar: ‹@Butifldrm› Best hedge on the planet in my opinion apart from gold
  • chattels: debtors need money
  • Butifldrm: WE HAVE BEEN SO BLESSED TO LIVE IN THE US WHERE MONEY HAS BEEN SO FREELY PRINTED AN AVAILABLE
  • chattels: creditors create the money supply
  • chattels: we are living on love and buying on time
  • BOBBY: didn't someone once say control a country s economy and you control them?
  • chattels: or so the country music song says 
  • Butifldrm: ‹@chattels› YES..THE DEBT IS THE EXPONENTIAL FACTOR FOR THE FIAT CURRENCY SYSTEM
  • chattels: debt begets more debt
  • chattels: credit is king
  • chattels: free at last, the hope of financial independence
  • Butifldrm: ‹@chattels› THE KEYNESIAN ECONOMIST IN CHARGE HAVE NO CLUE
  • chattels: what is true wealth ?
  • Butifldrm: WHEN WE PAY OFF OUR DEBT AND QUIT BORROWING MONEY IT SENDS THEIR SYSTEM INTO DEFLATION
  • chattels: it is not federal reserve notes
  • BOBBY: with or without the dinar.... life goes on. I choose to make the most of it
  • Winnerdinar: do you know anything about the new world order Buti? I have heard many political figures mention this including our ex Prime Minister Gordon Brown. He also sold out on our gold reserves
  • chattels: script is an illusion - a panacea for the masses
  • Butifldrm: ‹@chattels› THE FRUITS OF YOUR LABOR
  • Butifldrm: ‹@Winnerdinar› YOU KNOW I DO
  • chattels: an *
  • Butifldrm: OK SO LET'S TALK ABOUT WHAT HAPPENED IN GREECE
  • Winnerdinar: ‹@Butifldrm› Smile you got me
  • Butifldrm: I DON'T HAVE TIME TO PULL UP LINKS BUT THERE IS A VIDEO I POSTED IN RESET THAT WE ALL NEED TO WATCH
  • OOTW: I'LL GRAB IT
  • Butifldrm: IT APPEARS THE GREEK PEOPLE NEVER WERE GIVEN THE OPPORTUNITY TO VOTE ON JOINING THE EURO
  • OOTW:
  • Butifldrm: GOLDMAN SACHS AND WHO KNOW WHO ELLSE COOKED THE BOOKS GIVING GREECE THE FINACIAL ABILITY TO TAKE ON SUCH A TASK AND THE POLOTCIANS JUST WENT WITH IT
  • Butifldrm: AND I'M SURE THE REST OF THE PIGS WERE IN THE SAME BOAT
  • BOBBY: interesting video
  • Butifldrm: SO WHEN TSPIRAS HAD THE COUNTRY HOLD THEIR REFERENDUM AND THE NEY VOTE WAS OVER 60% TO LEAVE THE EU, HE SOLD OUT HIS COUNTRY
  • Butifldrm: THIS IS WHAT POLITICIANS DO
  • BOBBY: seems to be the protocol
  • Butifldrm: IN THIS VIDEO NIGEL FARAGE SPEAKS ABOUT ICELAND
  • Butifldrm: WHAT HAPPENED WITH ICELAND AND THE CENTRAL BANKERS IS EARTH SHATTERING
  • Butifldrm: TODAY THEY ARE A SOVEREIGN NATION AND PROSPERITY IS THEIR FUTURE
  • BOBBY: Iraq is a sovereign nation. .. correct?
  • Butifldrm: NIGEL TALKS ABOUT THE HARD TIMES ICELAND WENT THROUGH AFTER THROWING THE BANKERS IN JAIL, BUT HE MISSED ONE KEY POINT
  • Butifldrm: ICELAND FORGAVE A HUGE AMOUNT OF THE HOUSING DEBT
  • Butifldrm: ‹@BOBBY› YES UNDER THE WORLDS EU, YES IT IS
  • Butifldrm: http://www.bloomberg...-recovery-story
  • Butifldrm: EYE'S
  • BOBBY: correct me again if I am wrong.... doesn't a sovereign country by the letter of law only deal with a single currency?
  • Butifldrm: SO IMO EITHER WE GET A WORLD WIDE TOTAL DEBT FORGIVENESS/JUBILEE OR THE US WHO HOLD MORE DEBT THAN ANY OTHER COUNTRY IS IN TROUBLE
  • Butifldrm: ‹@BOBBY› DO YOU THINK CHINA IS SOVEREIGN
  • Butifldrm: DO YOU KNOW THAT GREAT BRITAIN USES THE POUND AND THE EURO
  • BOBBY: that’s why i ask... to learn
  • Butifldrm: MOST COUNTIES OF THE WORLD HAVE ACCESS TO MORE THAN ONE CURRENCY
  • Butifldrm: THE MAJORITY OF ECONOMIES THAT DON'T HOLD RESERVE CURRENCIES HAVE A BLACK MARKET INCLUDING CHINA
  • Butifldrm: THIS HAS BEEN THEIR SAVING GRACE
  • Butifldrm: JUST LIKE IRAQ
  • Butifldrm: THE PEOPLE GET PAID IN LOCAL CURRENCY WHICH THEY DON'T HOLD FAITH IN AND SO THEY TAKE IT TO A DEALER AND PAY A PREMIUM FOR HARD CURRENCY
  • Butifldrm: CURRENCY THAT HOLD A STABLE EXCHANGE RATE
  • Butifldrm: SO THINK ABOUT THIS
  • Butifldrm: WHAT IF SOMETHING HAPPENED TO THE VALUE OF THE US DOLLAR AND IT BACAME UNSTABLE
  • Butifldrm: HERE IN THE US WE HAVE NO BLACK MARKET
  • Butifldrm: WHAT CURRENCY WOULD OR COULD WE TURN TO
  • Butifldrm: WE WOULD BE IN BAD SHAPE UNLESS WE WERE HEDGED
  • BOBBY: Butifldrm... could you please explain hedged
  • chattels: Countries that only use a foreign currency US dollar: Ecuador, East Timor, El Salvador, Marshall Islands, Micronesia, Palau, Turks and Caicos, British Virgin Islands, Zimbabwe.
  • chattels: http://qz.com/260980...s-...-currency/
  • BOBBY: thank you sir
  • chattels: The US dollar is the most widely used currency in the world, with many countries employing it as an accepted alternative to their own currency. But some have simply adopted the currency as their own, notes and all, in what is known as “dollarization.”
  • Butifldrm: ‹@BOBBY› HEDGED AGAINST THE DOLLAR MEANS BET AGAINST, LIKE INVESTING IN A CURRENCY OR ASSET THAT PROTECTS YOU AGAINST THE FAILURE OF THE DOLLAR
  • Butifldrm: ‹@chattels› YES AND MORE
  • BOBBY: Butifldrm... thank you ...
  • Butifldrm: ‹@BOBBY› THANK YOU SO GALD YOU ARE WITH US AND WINNERDINAR YOU ARE AMAZING
  • Butifldrm: CHATTELS LUV YOU BUT IT'S NIGHT NIGHT TIME FOR ME
  • Butifldrm: THANKS FOR JOINING IN
  • OOTW: GN BUTI AND TY FOR THE GREAT INSIGHTS, AS USUAL
  • Butifldrm: OOTW NIGHT NIGHT
  • Winnerdinar: ‹@OOTW› thanks Butifldrm your awesome GN
  • chattels: Many places both officially and unofficially allow the trade of foreign currencies alongside their own. Residents from Belize to North Korea can spend in US dollars, for example. Panama has had the US dollar as legal tender since 1904, alongside the Panamanian balboa, and was viewed as a special case in Latin America because of the Panama Canal and its huge trade links with the world’s richest country. Others are usually based on relative economic might and regional proximities
  • OOTW: NIGHTY NIGHT
  • BOBBY: Butifldrm..... good night
  • chattels: ‹@Butifldrm› ‹@Butifldrm› gn
  •  
  • THANKS WEALTH WATCH . WORLD 


 

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