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Feds, Treasury, WF Gets Green Light.


Luigi1
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30 June 2016  The Big Call/ Bruce Intel:
" We are switching from an old to a new financial system.
 
CIPS system starts on July 1.
 
Well is flowing.  It is a joyous time.  

All will be released and nothing is on hold any more.
 
We all should have the best July 4th ever.

Release is at any moment now because of the new system we start tomorrow.

Exchange Procedures - we went over Tuesday night.  Banks are ready.

Fed and Treasury gave green light.
 
Hsbc, Aiib, wells fargo, pboc and others are lined up and  ready to go."


"We're almost on auto pilot."
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Not sure what China had to do with an rv in Iraq there Skippy ... but, okay show us ...

 

However, it was reported in July 2015 that CIPS would be '"watered down" and used only for cross-border yuan trade deals rather than including capital-related transactions, which would delay billions of dollars worth of transactions, including securities purchases and foreign direct investment, that would have gone through the system. It was reported to be a second setback to the plan to provide a unified network for settling deals in yuan after technical problems delayed its launch, and that other measures to open up China's financial infrastructure have been dented by the 2015 Chinese stock market crash. It was said to now offer, at best, a complementary network for settling trade-related deals in the Chinese currency to a current patchwork of Chinese clearing banks around the world.

 

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Brucie, Luigi. New day but same old system. And same old BS to repeat. I didn't see any mention of the Chinese elders. They must be holed up waiting to spring the RV on us for the 4th of July, because we all know how much they all celebrate US holidays. Right??

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