4aprofit

IMO...When Iraq comes on the scene...in it's full fruition....exposing all of it's riches.....all NEGATIVITY will VANISH....but until this ride is over...whether it's a full blown lop or a penny or 5 buck RV....why fret?...Who, in their right mind....would worry so much over what CANT happen....when neither bad or good has materialized yet?....Why even pay attention to what Iraq is doing at all...if you dont believe that they actually CAN do something positive?...Simply retarded!....lol....

Why does any country do what it does...China at appx. 6 or 7 to 1...Haiti at appx. 30 or 40 to 1...or the last time I checked these were the appx. rates...and then we have Iraq at 1160 or 1170 to 1...etc.....The entire word is moving into Iraq..is it for peanuts...I dont think so...why is Kuwait at appx. $3.50 to 4.00 per dinar, and they are investing in Iraq head over heels right now, with no end in sight...Why has Iraqs currency been in the several dollars range off and on for the past appx. 80-90 years...when nothing was happening over there in comparison to now...we have already been through all of this...if you dont believe in this and what it CAN do...why are you here?... P.S..Folks...are not all of us here for the same reason..(except a few).....about what CAN happen here...and not what CANT?...I can say all day what CANT happen...but until this thing is over and materializes as per the finailty of it all...WHY FRET?...LOL..

IMO...The typical Iraqi may not get 1000X increase...or in the way that some say that this cannot happen...(as I dont know)..but I'm sure they will benefit from a new rate...whatever it ends up being, especially above where it is now...and the country will flourish once they come online with the world...and their currency as well...however it happens....as who knows exactly how it will all pan out...but it will rise substantially...IMO...

Just call Iraq...I'm sure they can explain their economic plan to you...and I'm sure you'll get the hidden version!...LOL...

If Iraq is to continue using toilet paper for currency...then why worry over protecting it?... And why discuss it with the U.S...arent we broke? Also, why all the running back and forth to and from Iraq...everytime they have an issue or pass gas...if there is no value in doing this?... IMO..I call it "follow the money"...the rabbit will come out of the hat eventually!...LOL...

If Iraq...in part...or as a whole....is PUMPING dinars...then why are they putting out stuff to deter specualtion..IMO...as per anyone buying dinars, they should be saying everyday that their currency is going to skyrocket soon...and then pull the plug!...LOL...

You know...something to think about here...if the dropping of the zero's is so important...why keep talking about it...just do it!... On another note..... If it were to be a negative event for them to drop the zero's...I would'nt expect them to tell us...they would have just already done it....and/or most likely would'nt be saying a word...as they would'nt want to hurt all the sales of dinars going out until this happened...if it turned out bad for investors...IMO!... If it is to be a posiitve event for them to drop the zero's...I would expect exactly what we are hearing...as well as nothing happening...until ready to initiate the plan...while blowing smoke up our arse the entire time...IMO... Bottom Line: The currency is between a rock and a hard spot...it must be let go of eventually...to rise or fall...and as per reading between the lines...why would you hold a currency at an artifically controlled rate for appx. 3+ years now...after it rose for appx. the first 7 years that it was put out?...And while still haggling over all the nonsense of "What It Cant Do"...Just let it go and see where it falls...as it must adjust to the markets eventually one way or another anyway?... P.S...Why are they soooo skeeered of toilet paper valued currency?...LOL.....

Truth or Fiction?....

On another note...maybe this investment is supposed to look stupid by design...you know, like the junk tabloid newspapers we see...where on the front page for example...it will show something like...(i..e.).....the woman that had 27 babies..lol.....who knows...maybe all of the craziness is by design...as all of the hooplah could deter speculation wonderfully..."as in all of this is being allowed"..."or not enforced or shut down...at least as per it being a true scam"...as per like any other investment...where typically something that went this long..with this many involved in the way they push the B.S...seemingly something would have been done by now... Of course we know that there must be a balance in everything...and if only appx. 1 to 2% of the general populance is all that believe that there is anything to this...(as some have stated)...as per being invested in this...maybe all is right on schedule...and the proportion of investors is right in line with an agenda for what this was meant to do all aong?.....I guess we will see.... Not sure, but IMO..even if we knew...would they tell us?...LOL....

IMO...I dont think that this investment would have went as long as it has...without some type of intervention, at least by the powers that be...as per shutting all of this down...the dinars, the guru's, the sites, the banks involved, the dealers involved, etc...if there were not a plan involved here...as our govt, the treasury, the fed. reserve, the Iraqi govt. and the CBI...all know full well, that we hold this currency...In other words, it would probably be the biggest scam that ever hit the world if the Iraqi currency were to flop...can they, sure...so why have'nt they already, as it is not like they could'nt have done this when thngs were much worse over there...they have had like 10 plus years to trash it and move on...so now why has the last appx. 3 years been a controlled and contrived event...at least as per not letting this currency move...(other than a few pips)...unlike the appx. 7 years prior...where since the inception of the currency...it rose until they stuck it....as it is much better in Iraq now...as all of the rises in the currency were when it was a total disaster over there...a war and a civil war were going on...while the currency was rising..now trillions of infrastructure and oil developments move in and the currency stops moving...IMO...it's all smoke and mirrors for a bigger agenda with this currency...if this were not so, they would have already moved on and forgotten about it...they waste too much time, worrying themselves silly, over this worthless stuff!...LOL....

Iraq will do what Iraq will do...very correct...and what it will do..will shock the entire planet...and I'm not talking about what you see from your tv armchair...unless or until it is all unveiled to the world....the monetary gains are beyond our imagination... IMO...Many will say what we see is what we will get...so, what you are seeing now...is nothing as per the currency..but what you will see in the future...is entirely a horse of different color..IMO...many think that superpowers cant have currencies worth squat to operate on...when they already have had valuable currencies in the past...while for the most part...even back then...they were only in their infancy of growth and economic goals as per their past in relation to now... I can be as negative as I want while the veil is still covering the prize..but once it's lifted..all will be aware of what Iraq posseses monetarily...and with a currency to drive this monster!...There is one thing about it all...we will see...so until then..we will hear all things...good and bad...then all at once...all negativity will dissapear...and if it does'nt..IMO...and there is no plan...it really wont matter will it...as all systems are already tanking...but those that look at the dinar...see this as riding the winning horse...and it aint over till it's over anyway..good or bad...lol....

It might be one thing when you tell stuff'...or lies that is'...once, twice or thrice...whether one is getting bad info. or not'...but after 350 times'...they have to be PUMPING dinars.... IMO...They get hits when they post...due to the number of people that naturally want good or positive info...and if these guru's spout this off everyday...those looking into the investment...see this for the first time...as per googling or searching.....and not knowing what is happening...some will actually buy dinars...it also has the negative effects of deterring speculators as well...as per those that look at all this type garbage...and after seeing just a few dead ringers...are steered clear of the dinar due to this hype and trash... Is there a balance to any investment...good and bad...I cannot be the judge..and/or who is behind all of this...but it seemingly is much better as per factual positive info...by watching what Iraq is doing monetarily instead of what people are saying...now dont get me wrong, certain things may be totally false, but as per reading some of the guru's...sometimes we can get a jist of what is happening by reading between the lines...but as for just everyday outright lies...it's a pumper IMO...waiting to be hit on by the newbies...no different than those that bash the investment...saying it will never do anything...which many call dumpers.... P.S...I guess we really could call both of these types..."dumpers"...as they both overall directly and indirectly hurt the investment....the two types are...(1) a true negative..and (2) a false positive...LOL....

10-21-12, Iraq states that only 25K of every 1 Billion IQD is Counterfeit! Iraqi Central Bank Warns of Counterfeit Money Sunday, 21 October, 2012 SULAIMANI, Kurdistan Region—The head of the Bank of Kurdistan says that the Central Bank of Iraq has warned all branches across the country of the circulation of counterfeit Iraqi banknotes in the market. “We are always concerned about the spread of counterfeit money in the market,” says Dilshad Abdulmajid, the head of the Sulaimani branch of the Bank of Kurdistan. Abdulmajid told Rudaw that up to now fake banknotes have not reached Kurdistan’s markets in amounts that would pose a threat to the economy. “But because of the situation in Syria and threats against Iran, there is the risk of counterfeit money crossing the borders of Iraq and the Kurdistan Region.” Abdulmajid said. He suggests that border checkpoints and customs officials should be more vigilant. Adham Karim, the head of the main branch of the Bank of Kurdistan says that his office does not have certain data about the circulation of counterfeit money in Iraq. But Abdulmajid maintains that his branch has been informed by Baghdad of the spread of fake 5000-dinar bills and that “we should be more careful when dealing with that particular note.” Karim does not deny that his staff detects fake banknotes passing through his bank from time to time, but he says it has always been in insignificant amounts. “However,” Karim says. “The borders are more open now and extra vigilance is necessary.” Abdullah Muhammad, a money trader in Sulaimani’s currency exchange market says that fake banknotes are like a “time bomb that may suddenly explode” if it is ignored. “Twice in the past I have been given fake money,” Muhammad says. “But thankfully both times the amounts were small. By the time I found out the person had gone. Now, I check every single note I receive.” Tahir Abdullah, the manager of the Sulaimani Airport says that his staff has never seized any counterfeit money passing through the airport. “Any money passing through the airport is under the supervision of the airport customs,” Abdullah says. “But sometimes the amounts are too huge to be checked individually.” Abdullah added that people who trade in forged currency might not use airports to move their money around. One of the security features of Iraqi money is a metallic thread that runs through most banknotes. Abdulmajid says the thread is missing in the fake notes, but the forgers have tried to come around that problem, too. “The fake notes do not have the thread, but there is a thin line that resembles the thread,” he says. “You won’t be able to notice it if you do not look carefully.” Abdulmajid says that in every 1 billion, 25,000 dinars could be counterfeit, and “this could be something normal. But this is the first time we get warnings from the Central Bank of Iraq.” Kurdistan’s Minister of Finance Bayiz Talabani says that he is unaware of counterfeit money circulating in Iraqi markets, but he is certain that such notes cannot enter Kurdistan’s markets. “We have great money inspection machines and such notes cannot reach us easily,” he told Rudaw. LINK

The currency definitely has an agenda...that's of such importance...that they cant sleep'...over about what to do with it.... I guess if they are worried over 25,000 out of a billion being counterfiet...while it's at less than a tenth of a penny...wow, what would they do at even a dollar...all commit suicide...by worrying over how much has then become counterfeit?... Let's see here...if they want us to buy more...why tell us this....is it to scare us away?...Would'nt that hurt dinar sales?...As if it were to never be going to have a value...as some state...and then some say that Iraq is just selling the crap out of this stuff right before they lop...so then why are they hurting sales like this?... Some may need to put on the tin foil hats here to think...as the regular ones apparently have been burnt and fried...right off their heads!...LOL... P.S...They aint snowin me on this one either...with their currency that is'...

Well...we know that they will never do exactly as they tell us...that's why I love the negative articles...as they are mostly B.S. for the most part.....IMO..Watch what they do...and not so much what they are saying...lol...

I saw an article the other day where Iraq stated that they were more worried about all of the U.S. dollars that were floating around that were counterfiet...than the dinar!...

10-21-12, Iraq states that only 25K of every 1 Billion IQD is Counterfeit! Iraqi Central Bank Warns of Counterfeit Money Sunday, 21 October, 2012 SULAIMANI, Kurdistan Region—The head of the Bank of Kurdistan says that the Central Bank of Iraq has warned all branches across the country of the circulation of counterfeit Iraqi banknotes in the market. “We are always concerned about the spread of counterfeit money in the market,” says Dilshad Abdulmajid, the head of the Sulaimani branch of the Bank of Kurdistan. Abdulmajid told Rudaw that up to now fake banknotes have not reached Kurdistan’s markets in amounts that would pose a threat to the economy. “But because of the situation in Syria and threats against Iran, there is the risk of counterfeit money crossing the borders of Iraq and the Kurdistan Region.” Abdulmajid said. He suggests that border checkpoints and customs officials should be more vigilant. Adham Karim, the head of the main branch of the Bank of Kurdistan says that his office does not have certain data about the circulation of counterfeit money in Iraq. But Abdulmajid maintains that his branch has been informed by Baghdad of the spread of fake 5000-dinar bills and that “we should be more careful when dealing with that particular note.” Karim does not deny that his staff detects fake banknotes passing through his bank from time to time, but he says it has always been in insignificant amounts. “However,” Karim says. “The borders are more open now and extra vigilance is necessary.” Abdullah Muhammad, a money trader in Sulaimani’s currency exchange market says that fake banknotes are like a “time bomb that may suddenly explode” if it is ignored. “Twice in the past I have been given fake money,” Muhammad says. “But thankfully both times the amounts were small. By the time I found out the person had gone. Now, I check every single note I receive.” Tahir Abdullah, the manager of the Sulaimani Airport says that his staff has never seized any counterfeit money passing through the airport. “Any money passing through the airport is under the supervision of the airport customs,” Abdullah says. “But sometimes the amounts are too huge to be checked individually.” Abdullah added that people who trade in forged currency might not use airports to move their money around. One of the security features of Iraqi money is a metallic thread that runs through most banknotes. Abdulmajid says the thread is missing in the fake notes, but the forgers have tried to come around that problem, too. “The fake notes do not have the thread, but there is a thin line that resembles the thread,” he says. “You won’t be able to notice it if you do not look carefully.” Abdulmajid says that in every 1 billion, 25,000 dinars could be counterfeit, and “this could be something normal. But this is the first time we get warnings from the Central Bank of Iraq.” Kurdistan’s Minister of Finance Bayiz Talabani says that he is unaware of counterfeit money circulating in Iraqi markets, but he is certain that such notes cannot enter Kurdistan’s markets. “We have great money inspection machines and such notes cannot reach us easily,” he told Rudaw. LINK

Boy they sure spend a lot of time and effort telling us about their intentions on the dinar, regarding issues and things that never happen......seems like a lot of wasted labor and efforts for nothing...as they actually never do anything...or what they say they are going to do anyway...It sure seems like everything else that they want to fail..fails'....that's if they wish for it to'...or either it never advances...or on time'... IMO...I like they way they tell us negative things...while never initiating a plan or making a move....this would tell me that they have something positive in mind for this currency...as if this were not true...they have had appx. 10 years to have tanked this currency..even back when it was more violent...so now with all the trillions of dollars of infrastructure and oil development moving in...one would seemingly think that they could very easily scrap this worthless currency by now and move on..but no, they have probably spent more time and money worrying over this toilet paper valued stuff than probably any other issue in their government...and as I've said before..they have probably spent much more than the costs to print and distribute it...just haggling over what to do with it... Maybe we need to look at all the other countries that have loopped or flopped their currencies....as from what I understand...they just did it'....and did'nt have long drawn out deliberrations for years about it....but, from what is understood, those countries had all of the opposite economic factors that Iraq has... What I have said and believed all along...is if Iraq can lop or flop their currency...why not just do it...and quit crying about it...what are they protecting this toilet paper from...lol... IMO...This would be like having a car that is a total basket case'...sitting in ones driveway...wont run, blown engine, slick tires, paint faded, etc.,etc., etc...let's say it needs over $10,000 worth of repairs...but low and behold...even if the car was in pristine condition..it would only be worth $2,000...so it would be like someone go's and borrows $1000 a month to work on this clunker...while they could have been paying a note for $299 and working another 20 hours a week on something more productive, and or making more money to take home...by not worring over this loser...in essence they wake up and smell the coffee and let go of this demon that haunts them and find out how retarded they were for taking on the venture that never ends...is this not what Iraq has done with this currency?..lol......anyway..some my understand this...some may not...but IMO...the secret here is what we dont know..or what they dont want us to know!... Is this smokescreens for all of us...for something big that is coming...IMO...yes...as if it is'nt...then why dont they quit worrying over the currency and just bankrupt the country and lose all the superpowers from the scene, as well as all those trillions that they are bringing in...but no, instead they keep worrying more over this, than their main priorities, and let even more trillions pour in...while crying over what to do with their currency huh?...lol....

Well, we know that Iraq will say one thing....then do another.... IMO..I believe the currency will come out with a good decent value to drive their economy with...I've never thought that the procedures that they would take to make it come about would be in a way that it would ever show anything positive...and/or as per being a positive event as per their media...I mean look at our media as per telling us things..lol....I believe if there ever was an RV or any rise in the rate of their currency...that we wont know it....until maybe right up to the nano-second that it shows a real-value...this is actually the kind of type stuff that I would actually expect to be shown.....like what they are doing now... P.S...IRAQ IS NEVER GOING TO TELL US...FOLKS AROUND THE WORLD...GET READY AND BUY DINARS...WE ARE GOING TO GIVE THIS CURRENCY A VALUABLE RATE!....LOL...

THIS IS THE SAME POST THAT WAS PUT OUT LAST NIGHT...IT'S JUST A DIFFERENT NEW THREAD...STARTING IT ALL OVER AGAIN? (Merged Topics) Oh well, anyway...as I was saying prior...who actually knows how they will bring about the end result of it all...It will probably be as it always has been...Iraq will say one thing..then do another.... And since I dont get excited over all the hooplah as per an RV happening everyday anymore...from all the guru's...even though IMO..I believe the currency will come out with a value to drive their economy with...I've never thought that the procedures that they would take to make it come about...would be in a way that it would ever show, at least as per being a positive move as per their media...I mean look at our media as per telling us things..lol....I believe if there ever was an RV or any rise in their rate of their currency...that we wont know it....until maybe right up to the nano-second that it shows a real-value...this is actually the kind of type stuff that I would actually expect to be shown..... P.S...This is exciting in one way though..maybe something will move for better or worse over there...even if it's a hemmoroid..lol....

Well, since I dont get excited over all the hooplah as per an RV happening everyday anymore...from all the guru's...even though IMO..I believe the currency will come out with a value to drive their economy with...I've never thought that the procedures that they would take to make it come about...would be in a way that it would ever show, at least as per being a positive move as per their media...I mean look at our media as per telling us things..lol....I believe if there ever was an RV or any rise in their rate of their currency...that we wont know it....until maybe right up to the nano-second that it shows a real-value...this is actually the kind of type stuff that I would actually expect to be shown..... P.S...This is exciting in one way though..maybe something will move for better or worse over there...even if it's a hemmoroid..lol....

Who actually knows how they will bring about the end result of it all...It will probably be as it always has been...Iraq will say one thing..then do another...LOL....

Why People Are Investing In Foreign And Even Exotic Currencies Diversity is important to any investor and although foreign to some, currency investment is a concept that has grown in popularity since the economic downturn of 2008. The strength of a country’s currency is linked to the size of its deficit and rate of inflation, and as we have watched the U.S. dollar fall and the deficit rise over the last few years, investors are looking to spread their funds into other markets in a move to diversify and decrease risk. Most of us do not have time to research specific companies or stocks in other countries, but when considering investing in a country’s currency, an investor can study the country as a whole; what do they export? What is the unemployment rate? What is the inflation rate? Does the country hold potential for growth? The information provided below is just that, information. It is not to be construed as investment advice. You should always contact a financial adviser before making any investment and create a strategy that fits your financial objectives. From a previous blogger..... Thought this might be an indication we are all getting a little closer to what we've been waiting for....... “We’ve looked at many scenarios, including where one or more countries decides to redenominate,” said Roger Griffith, who oversees global settlement and customer risk for MasterCard. “We have defined operating steps and communications steps to take.” He added: “Practically, we could make a change in a day or two and be prepared in terms of our systems.” In a statement, Visa said that it too would also be able to make “a swift transition to a new currency with the minimum possible disruption to consumers and retailers.” http://www.msnbc.msn...ss-us_business/ Another link for an interesting article is: http://moneymorning....e-death-spiral/ the video in this link is rather long...........but pretty clearly indicates why we are headed for the cliff economically, world wide..... China Launching Gold Backed Worldwide Currency - Now the Americans will have to find a reason to go to war against China !! http://www.indiavision.com/news/article/business/339477/china-launching-gold-backed-worldwide-currency--now-the-americans-will-have-to-find-a-reason-to-go-to-war-against-china-/#ixzz259aNv0vs Why Currencies Should Be Allowed to Compete - We need to break the federal money monopoly... By Ron Paul RECENTLY I held a hearing in my congressional subcommittee on the subject of competing currencies, writes Congressman Ron Paul. This is an issue of enormous importance, but unfortunately few Americans understand how the Federal Reserve and Treasury Department impose a strict monopoly on money in America. This monopoly is maintained using federal counterfeiting laws, which is a bit rich. If any organization is guilty of counterfeiting Dollars, it is our own Treasury. But those who dare to challenge federal legal tender laws by circulating competing currencies – at least physical currencies – risk going to prison. Like all government created monopolies, the federal monopoly on money results in substandard product in the form of our ever-depreciating Dollars. Yet governments have always sought to monopolize the issuance of money, either directly or through the creation of central banks. The expanding role of the Federal Reserve in the 20th century enabled our federal government to grow wildly larger than would have been possible otherwise. Our Fed, like all central banks, encourages deficits by effectively monetizing Treasury debt. But the price we pay is the terrible and ongoing debasement of our money. Allowing individuals and business to use alternate currencies, especially currencies backed by gold and silver, would expose the whole rotten system because the marketplace would prefer such alternate currencies unless and until the Fed suddenly imposed radical discipline on its Dollar inflation. Sadly, Americans are far less free than many others around the world when it comes to protecting themselves against the rapidly depreciating US Dollar. Mexican workers can set up accounts denominated in ounces of silver and take tax-free delivery of that silver whenever they want. In Singapore and other Asian countries, individuals can set up bank accounts denominated in gold and silver. Debit cards can be linked to gold and silver accounts so that customers can use gold and silver to make point of sale transactions, a service which is only available to non-Americans. The obvious solution is to legalize monetary freedom and allow the circulation of parallel and competing currencies. There is no reason why Americans should not be able to transact, save, and invest using the currency of their choosing. They should be free to use gold, silver, or other currencies with no legal restrictions or punitive taxation standing in the way. Restoring the monetary system envisioned by the Constitution is the only way to ensure the economic security of the American people. After all, if our monetary system is fundamentally sound – and the Federal Reserve indeed stabilizes the Dollar as its apologists claim – then why fear competition? Why do we accept that centralized, monopoly control over our money is compatible with a supposedly free-market economy? In a free market, the government's fiat Dollar should compete with alternate currencies for the benefit of American consumers, savers, and investors. As Austrian economist Ludwig von Mises explained, sound money is an instrument that protects our civil liberties against despotic government. Our current monetary system is indeed despotic, and the surest way to correct things simply is to legalize competing currencies. Competing Currencies and Ron Paul – Mismatch or Monetary Heaven? Wednesday, August 15, 2012 – by Staff Report Legalize Competing Currencies ... I recently held a hearing in my congressional subcommittee on the subject of competing currencies. This is an issue of enormous importance but unfortunately few Americans understand how the Federal Reserve and Treasury Department impose a strict monopoly on money in America. This monopoly is maintained using federal counterfeiting laws, which is a bit rich. If any organization is guilty of counterfeiting dollars, it is our own Treasury. But those who dare to challenge federal legal tender laws by circulating competing currencies − at least physical currencies − risk going to prison. Like all government created monopolies, the federal monopoly on money results in substandard product in the form of our ever-depreciating dollars. – Ron Paul, August 14th column at The Daily Bell Dominant Social Theme: Competing currencies are impractical and just a way for the Rothschild-driven free-market movement to dodge the issue of paper money perfection. Money worked better anyway when women solely managed it, as Ellen Brown has pointed out. Free-Market Analysis: Here comes Congressman Ron Paul pounding the drums for competing currencies. He's been called a dreamer, a schemer and worse but long ago we arrived at a somewhat similar vision. That doesn't mean your banking system doesn't arrive at a fully capitalized gold standard, only that if it does, market forces propel it there. Ron Paul is a believer in what Austrians call "honest money" – but he is willing to let the market decide on when and how it arrives at its conclusion. Which seems fairly reasonable to us. Ron Paul's good friend, Murray Rothbard, was more didactic about the issue. Back in the early 1990s, in fact, quite a battle raged between him and the monetary tag team of George A. Selgin/Lawrence H. White. Selgin and White are very interesting and creative economists. You can see some Daily Bell interviews with Selgin and White here: George Selgin on Austrian Finance, Central Banks and the Virtues of Free Banking Lawrence White on Austrian Economics, Free Banking and Real Bills It was Selgin's and White's idea that Scottish fiat money banks, backed by nothing more than five percent gold, functioned fairly well for several hundred years or more. Rothbard didn't like it. In fact, it drove him a little nuts. He was committed to promoting a full gold standard and even to the point of criminalizing the actions of those who contravened it. (This always struck us as a bit odd, given that Rothbard helped invent modern anarchism.) Selgin and White, also considered "of" the Austrian school, fired back. The argument came down to whether the Bank of England had been a de facto "lender of last resort" for the Scottish banks that allowed customers to tolerate gold-backing percentages as low as five percent. We never entirely made up our mind but during the debate we did begin to realize that no matter the rhetorical outcome of the specific debate, the market itself – consumers who made the decisions – ought to be able to choose the kind of money they were comfortable with. Before Rothbard died, he apparently was willing to entertain this notion as well. Good for him. He was a brilliant man and could even be flexible about his core beliefs later in life. As for Selgin and White, they've continued to propound the utility of free banking and Ron Paul, also later in life, seems to agree with this position. Let 100 or a 1,000 currencies bloom, in other words. Many may be comfortable with honest money, fully backed paper, in other words. If they're not and they're willing to try fiat, maybe in a free-market environment they'd be paid more for that via more generous interest rates. Who knows? Ron Paul wants to try. Of course, there are plenty of naysayers, including what we call the "paper money" crowd that has suddenly descended on the Internet the way Athena blasted out of Zeus's skull, fully grown. The objections of these folks, so far as we can tell, is that 1) there is no free market and never can be because ... well, Jews won't allow it, and 2) never in history has their been an era of competing currencies; it's not feasible. To this we might answer that we are not sure 1) Jews infest every corner of the marketplace and since we have not lived forever, we are not sure whether 2) somewhere, at some time, a corner of the world DID support competing currencies. So far as we know, pre-Civil War America did okay with what historians today call "wildcat" banking. Even despite the tendency of these banks to go out of business it was a time of wild prosperity in the US. The idea that the Rothschilds controlled all the gold and silver in pre-war America is fairly preposterous. Likewise, the idea that that illustrious family controlled all the country's single branch banks. They were single branch, of course, because that's how they were chartered. They were prone to going out of business and creating "runs" because many were forced to buy horrid municipal bonds as part of the charter. Nonetheless, the system flourished (in a sense, anyway, despite its problems) and the US became great. Gold and silver seem to have circulated freely throughout the US, certainly in the West – especially silver, the "people's money." Paper money, fiat money, regional interest rates – along with regional slumps and rebounds – were all part of a wonderful monetary experiment. No wonder it had to end! The grumpy New York banks and their European masters couldn't bear it. Using their paid henchmen, Abraham Lincoln along with his opposite, Jefferson Davis, they created a war between the states to stamp out monetary freedom once and for all. See our article about Jefferson Davis here: Did Jefferson Davis Work for Money Power? Was the Civil War a Gigantic False Flag? After the war everything changed. The New York Stock Exchange began buying up other NY exchanges and Money Power was finally regnant. The rest is history, as they say. First "they" killed silver – which they hated – and then they killed gold, which they hated worse. And now the US and the world are grappling with a second great depression. Ron Paul has an answer: competing currencies. It was apparently foundational to American greatness and can be so again. Of course, those who are currently propagating pure fiat systems and claiming that gold (for some reason they don't mention silver) is a gateway to several kinds of Hell will have none of it. And yet, as we've pointed out, there is a strange authoritarian streak to such arguments. Many proponents of pure fiat seem to be affiliated either with "green" eco-projects or have worked directly for the United Nations. You can see some of our articles on this apparently predictable partnership here: Paper Money and the UN Perfect Together? More Currency and Credit Exchanges Supported by the UN Currency and Credit Schemes Blow Up ... and Go Green Are 'Green' Reciprocal Exchange and Credit Systems Part of a Larger Elite Promotion? The reason we use the word "predictable" is because there's something, well ... authoritarian about some of these paper promotions. We're not surprised their backers end up working for the UN or UNESCO. Silvio Gesell, for instance, wanted to use government to hand out depreciating currency to the masses. Henry George wanted to force everyone to give up property rights while paying a "land tax." Major Douglas was convinced that government ought to pay people money outright using a "perfected" formula of his devising. So many of these theories seem to count on government force for their installation. Contrast them, then, to Ludwig von Mises and "Human Action." Not for him were paper money schemes demanding massive government intervention and a kind of militarized society to accomplish. No. Von Mises spent much of his later life promoting the idea that people inevitably pursue their own enlightened self-interest and individual destinies. Government schemes – laws, regulations, economic systems – attempting to predict human nature were bound to fail or at least not perform as predicted. What could be more generous than this? The nobility of the intellectual gesture is virtually unparalleled in modern economics – in any school of philosophy, as a matter of fact. Of course, it made von Mises – and modern Austrian economics generally – into a kind of collective pariah. If one adopted Austrian economics, one threw econometrics away. And that made it kind of difficult for sundry bureaucrats and prognosticators to make a living. Nonetheless, of late, even this most noble of perceptions has come under enthusiastic attack. We are told there is no such thing as "human action" anymore than there is a "free market." It is explained to us that von Mises, in his insistence on building the intellectual basis for freedom, was merely baiting the trap of tribal monetary primacy. If one adopts the idea, therefore, that people have the property of self-determination, one might as well join a Temple and begin to recite the (Babylonian) Talmud. Even the great poetic genius Ezra Pound rejected this "stupid, suburban prejudice" late in life. Pound, an exquisite intellect, realized finally that the key to living life well was a certain nobility of soul, a generous appreciation of the best of human nature. He'd spent his life advocating theories like those of Douglas and Gesell, but finally at the end of life he likely saw it was not so simple. That there was neither one single monetary panacea nor one single mortal enemy. This, in a sense, is what Ron Paul has realized as well. Life is too complicated for any one solution to hold sway. Let monetary systems compete, he has decided. Let there be a rich tapestry of currency and fiscal solutions – including even Greenbackerism, Georgism and social and mutual credit – that allow people and the larger society to choose what best suits them. This doesn't seem to be such a hard concept to grasp but those of late who have taken to propounding paper promotions will have none of it. And yet ... in our view, it is a kind of faux economics to preclude certain monetary solutions and advocate others with frenetic purity. Whence comes this certainty? And from what personal experiences springs the bitter bounty of absolutism and prejudice? Conclusion: We will close by quoting from Ron Paul's most recent column: As Austrian economist Ludwig von Mises explained, sound money is an instrument that protects our civil liberties against despotic government. Our current monetary system is indeed despotic, and the surest way to correct things simply is to legalize competing currencies. http://www.thedailybell.com/4186/Competing-Currencies-and-Ron-Paul-Mismatch-or-Monetary-Heaven AILING CURRENCIES...Stable Countries to Fall, Emerging Countries to Rise.... AILING CURRENCIES Low growth and a lack of jobs are haunting the West The Telegraph, Calcutta, India Writing on the Wall: Ashok V. Desai Currency issue is an immensely profitable industry. A well managed currency commands a market value that is a multiple of its cost. A 500-rupee note costs no more than a few paise to manufacture; the rate of return on its production is close to 50,000 per cent. Currency production is so profitable that it would attract too many entrepreneurs. If they put out too much currency, its value would decline; in other words, there would be inflation. Inflation brings losses to those who hold currency; they would be better off if they held anything else, such as gold. So inflation beyond a point can cause a flight from currency. So currency issuers have to be moderate in their greed. It is impossible to limit their greed. So governments eliminate competition and become monopoly issuers of currency. Coins can be stolen. They are also difficult to carry around beyond a point. Early on, governments tried to solve this problem by using valuable, malleable and durable commodities to make coins. They settled on three minerals — copper, silver and gold. But their scarcity fluctuated as new reserves were found and exhausted; the fluctuations caused long cycles of inflation and deflation. To overcome this instability, governments invented paper currency, whose supply they monopolized and controlled. Paper currency can be stolen, burnt or washed away; it would be convenient if cash could be parked in a safe place. Someone could make a business of storing it for others for a fee. But soon people found a better alternative. If the safekeepers could lend out the cash, they would earn interest, which they could share with the depositors. This business was called banking. Once people got used to keeping money in banks, they kept only a fraction of their money in cash, and withdrew money only occasionally from banks. While they withdrew money, others would be depositing it; if as much money was being deposited as withdrawn, banks would not have to keep any cash. They could lend it all out. So banks started lending out most of their deposits. It happened once in a while that people came to withdraw more money than to deposit, and a bank ran out of money. If depositors heard that a bank had run out of cash, they would all run to the bank to get out what they could before the owner ran away. Seeing them run, depositors of other banks would also panic, and run to withdraw their deposits. These episodes of infectious running came to be known as bank runs. When the depositors found that the banker had run away, they would break his bench or table in rage. This rupture of the bench was transformed into bankruptcy. Bank runs were extremely disruptive. They suddenly made depositors poor, and sent some of them into bankruptcy. And if they could not pay their debts, their creditors too went bankrupt. Thus bankruptcies could bring business to a halt, sometimes for years. To prevent such catastrophes, governments created central banks. They tried to stop banks from being too foolish, made them keep minimum cash reserves, and in return lent them cash when they were afflicted by bank runs. If there are governments, there will be a multiplicity of currencies. Anyone who wants to buy, sell, borrow or lend abroad will need another currency than his own. This can be easily organized in currency exchanges. But if one currency is more stable than another or interest rates are higher in one country than in another, people will want to transfer their money to the better country. They will buy that country’s currency and sell their own; the exchange rate of their currency will fall. The government of the worse country would not like that at all; it would worsen the government’s reputation and reduce the demand for its currency. So governments of worse countries place restrictions on their citizens’ foreign exchange transactions; they are known as exchange control. The strictest form of exchange control is one in which the government gives itself a monopoly of holdings of foreign currency and sells it to its citizens at fixed exchange rates subject to detailed conditions. If governments hold all foreign exchange and regulate all transactions in it, they are in a good position to fix the exchange rate. But if two governments cannot agree on the exchange rate between their currencies, there can be a currency war. Especially when there is a world slump and shortage of demand, it is in every country’s interest to push down the exchange rate of its own currency, so that its goods become cheaper abroad and foreign goods become expensive in that country. The way to do it is to buy gold or foreign currencies, so that their value goes up relatively to its currency. But if all countries try to do it, none of them can be sure to win. So currency wars are usually indecisive. After much bitter experience, governments of the world decided to abandon currency wars after World War II, and appointed a policeman, named International Monetary Fund, in 1945. Every country declared its exchange rate in terms of gold to the IMF, and to stick to it; in return, it could introduce as draconian exchange controls as it liked. Then in 1971, the biggest country, the United States of America, suddenly said it would not maintain its exchange rate in terms of gold: it went off the gold standard. There soon followed the Yom Kippur war in between Israel on the one side and Egypt and Syria on the other; it led Arab countries to impose an embargo on export of oil. The price of crude suddenly quadrupled from $3 to $12 a barrel; the sharp rise sent the balances of payments of many oil importing countries into deficit. The deficits were far bigger than what they could borrow from IMF and elsewhere, so they were forced to stop trying to fix exchange rates. Thus the world entered a period of floating currencies. The exchange rate of floating currency was no longer fixed by its government. So it needed no gold foreign exchange reserves. Industrial countries soon realized this, and stopped accumulating reserves; some liquidated reserves entirely. But governments cannot do without a religion. So they replaced the pursuit of external stability by internal stability; their central banks pursued price stability by means of monetary policy. However, old ghosts continued to haunt us. The industrial world is suffering from low growth and high unemployment. In the circumstances, it would be of advantage to an industrial country to devalue. They cannot do this the old way since they no longer fix exchange rates; but they can induce devaluation by means of expansionary policies such as reducing interest rates and running fiscal deficits. This is what the US and the European Union are doing. They do see that like competitive devaluation of old, their present policies are also beggar-thy-neighbour policies. But for domestic reasons, they see no alternative. So they continue what they are doing, and meet periodically to look for an alternative. They meet so often that to save paper, media have abbreviated their meetings to G8 and G20. http://www.telegraphindia.com/1110823/jsp/opinion/story_14406289.jsp IMF predicts end of age for America America's economic dominance on the world stage could end in five years, according to a new report. The International Monetary Fund's latest forecast predicts that China's economy will outflank the United States' in 2016. That moment would come more than a decade earlier than most forecasters suggest. However, other forecasts compare the gross domestic products and current exchange rates of the U.S. and China in arguing that it will be many years before the countries trade places. MarketWatch reported that the IMF is using what's known as "purchasing power parities," comparing what residents of both countries earn and spend domestically. Based on that comparison, China's economy will rise from $11.2 trillion in 2011 to $19 trillion in 2016. The U.S. economy will rise at a slower pace, from $15.2 trillion to $18.8 trillion in that period. According to MarketWatch, China's share of the global economy will hit 18 percent, while the United States' share will lag behind at 17.7 percent. The finding comes at a rocky time for the U.S. economy. Though the job market has improved since the 2008 Wall Street collapse, unemployment remains high and Washington has struggled to balance stimulus and incentive programs against the need to close the deficit. In the absence of a deficit-reduction deal, Standard & Poor's rating agency last week announced that it was downgrading the U.S. debt outlook from stable to negative, warning that a failure to strike a deficit agreement could lead to a lower credit rating in the future. http://www.foxnews.com/politics/2011...-surpass-2016/ Jim Rogers: Currency Crisis Coming Within Two Years http://www.moneynews.com/StreetTalk/jim-Rogers-Currency-Crisis/2011/05/13/id/396258?s=al&promo_code=C42A-1

One World Currency – Not Just Coming…Already Here http://www.globalwealthprotection.com/one-world-currency-not-just-coming-already-here/ http://www.globalwealthprotection.com/one-world-currency-not-just-coming-already-here/ IMF Managing Director Christine Lagarde Calls for Action Now to Secure Global Recovery Press Release No.12/358 September 24, 2012 Christine Lagarde, Managing Director of the International Monetary Fund, today urged policymakers to use the window of opportunity offered by recent policy decisions—and to take the actions needed to achieve a decisive turn in the global crisis. “This time, we need a sustained rebound, not a bounce. If this time is to be different, we need certainty, not uncertainty. We need decision makers to be real action takers. We need delivery,” she said in a speech at the Peterson Institute for International Economics. She described recent initiatives by major central banks as “big policy signals in the right direction”—the European Central Bank’s OMT bond-purchasing program, QE3 by the U.S. Federal Reserve, and the Bank of Japan’s expanded Asset Purchase Program. At the same time, Ms. Lagarde warned that the global economy is still fraught with risks and policy uncertainty is weighing growth down. The IMF continues to project a gradual recovery, but global growth will likely be a bit weaker than anticipated even in July, she said. Speaking ahead of the joint Annual Meetings of the IMF and World Bank Boards of Governors in Tokyo, Ms. Lagarde focused on three key sets of policy challenges: the unfinished agenda for Europe and the United States; increased pressures in the rest of the world; and commitments on which the IMF also must deliver. “Europe obviously remains the epicenter of the crisis and where the most urgent action is needed,” she said, calling on European policymakers to deliver on their commitments—including by establishing a single supervisory banking mechanism and enabling the direct recapitalization of banks. Other actions include implementing the European financial firewall—notably the European Stability Mechanism; the agreed plan for fiscal union; and, at the country level, the reforms that are essential for growth, jobs, and competitiveness. Ms. Lagarde said that another major risk to the global economy is in the United States, where “current law implies a dramatic tightening of the deficit by about 4 per cent of GDP next year… Failure to reach a deal on raising the debt ceiling could also force a dramatic tightening.” She called for action to avoid this so-called “fiscal cliff” and a concrete plan “to bring down debt gradually over the medium term.” Ms. Lagarde also noted how, after leading the global economy in the current recovery, the major emerging markets are now slowing; she urged them to focus on countering vulnerabilities, whether domestic or external. She added that she is pushing hard to ensure adequate financing for low-income countries, including through the IMF’s concessional lending via the Poverty Reduction and Growth Trust (PRGT). She also called for increased support from the international community so that successful transformation in the Middle East can be based on a “foundation of inclusive growth and employment.” Finally, Ms. Lagarde said that the IMF is striving to be even more effective by improving its economic analysis and strengthening the global financial safety. The Fund is also making good progress in reaching final agreement on “the most significant governance changes in IMF history.” She said that the IMF was pushing to pass these reforms, aimed at giving greater representation to emerging market and developing economies, “if not by October, then as soon as possible thereafter.” http://www.imf.org/e...012/pr12358.htm 10-14-12 Bernanke: Emerging Markets Should Let Currencies Rise The Wall Street Journal: Bernanke Calls for Emerging Market Currency Appreciation. Federal Reserve Chairman Ben Bernanke encouraged policy makers in developing economies to let their currencies appreciate, delivering a strongly worded counterargument to their own critiques of the Fed. Many central bankers in developing economies have complained that the Fed's easy money policies are hurting U.S. trading partners around the world. One common refrain is that when the Fed prints money, it causes investors to search for other places to put their money, causing a potentially destabilizing rush of funds into less developed economies. The critics say this fuels inflation and asset bubbles in their countries, and threatens to push their currencies higher to levels that would curb their exports. Mr. Bernanke, in remarks prepared for a panel discussion at International Monetary Fund meetings in Tokyo, said policy makers in these countries could slow this rush of capital and some of its negative effects by allowing their own currencies to appreciate. Instead, he argued, they were doing just the opposite. "In some emerging markets, policy makers have chosen to systematically resist currency appreciation as a means of promoting exports and domestic growth," he argued. "However, the perceived benefits of currency management inevitably come with costs, including reduced monetary independence and the consequent susceptibility to imported inflation." Capital surges and inflation in these markets, in other words, are problems that policy makers in these markets could address themselves if they chose to, he argued. LINK: http://professional....d&mg=reno64-wsj http://professional.wsj.com/article/SB10000872396390443749204578055600111447318.html?mod=djkeyword&mg=reno64-wsj FROM A PREVIOUS BLOG...INTERESTING... I have become disenchanted with everything I read, research, or otherwise spend my off time trying to decipher. I decided to try something different. I have been doing some research on the job market, and the need for qualified professionals in the field of Global Currency Exchange. So, for your entertainment, or edification which ever you prefer, here are the current job opportunities in the above mentioned field. Hmmm, 4760 current job postings...now that's interesting, and factual. global currency exchange company jobs Viewing 1 - 10 of 4,760 jobs http://jobs.business...xchange+company http://jobs.businessweek.com/a/all-jobs/list/q-global+currency+exchange+company Elites Promote Pure Fiat Currencies – Mutual and Social Credit – for Traceability? http://www.thedailybell.com/4294/Elites-Promote-Pure-Fiat-Currencies-Mutual-and-Social-Credit-for-Traceability

IMF To Add AUD and CAD As Reserve Currencies; Which One’s Next? Published time: March 06, 2013 17:02 Edited time: March 07, 2013 11:42 IMF confirmed that the AUD and CAD will appear as reserve currency within three months. This emphasizes the spiraling demand for additional reserve currencies and the New Zealand dollar has the best chance to join the list, according to experts. "The IMF is expanding the list of currencies separately identified in the Composition of Foreign Exchange Reserves reporting (COFER) template," said an IMF spokeswoman as cited by The Wall Street Journal. "The implementation of the revised COFER Report Form, with separate identification of the Australian dollar and Canadian dollar, is scheduled for the first half of 2013." The IMF holds report figures of the global reserve holdings in a database known as the COFER mainly in just five currencies, deemed by many investors to be among the world’s safest: US dollars, euros, British pounds, Japanese yen and Swiss francs. Recent economic problems associated with the euro and the dollar set a continuing trend for the diversification of the reserve currencies as a way out from the volatility, Yaroslav Lissovolik, chief economist at Deutsche Bank in Moscow told RT. “It is definitely a trend and this trend will continue. There is a global demand for more reserve currencies. (IQD?)The world economy wants to diversify the set of reserve currencies as a way from the volatility and the problems associated with the current reserve currencies, because both US and Europe are plagued by economic problems. This is natural and clear that the global economy should use more foundations, more columns on which to stand and build a stronger foundation of a more complex global economy,” said Lissovolik. http://rt.com/busine...currencies-909/ http://rt.com/business/imf-reserve-currencies-909/ "Currency war" back to the negotiating table between the superpowers The ongoing currency war fueled Japan 3:22 p.m. 10 February 2013 Dominate " currency war "that fueled Japan and Europe began to worry Monday at the Eurogroup meeting where France wants to put the subject of the strong euro controversial, then, Friday and Saturday, in Moscow during the twentieth summit. Meet and euro zone finance ministers on Monday in Brussels in their first meeting under the chairmanship of Dutchman Jeroen Dislblom who succeeds Jean-Claude Juncker, Prime Minister of Luxembourg. This will be the main excellence of the European group, which are not expected to come out of any decision, not on assistance to Cyprus awaiting Cypriot presidential elections next Sunday, nor on the Banking Federation, which is still the subject of intense negotiations. The attention is focused on the declared intention of the French Minister Pierre Moscovece to open "debate" about the level of the euro. France demands that put the euro zone, "a policy of currency exchange" because of the concern of the high value of the common European currency which increases the cost of exports has been serving its consideration of the recent efforts to restore competitiveness. But it seems that Germany and the European Central Bank wanted to eliminate in advance on this debate with the assertion that not overestimated the value of the euro. The European Central Bank President Mario Draghi his part, seemed cautious Thursday on the return of growth in the euro zone, in a letter seen by a number of analysts to try to contain the rise in the value of the single currency. A successful attempt because the exchange rate of the euro was currently about $ 1.33-a-days exceeded $ 1.37, a record price in 14 months. It is expected that renewed debate at the end of the week in Moscow, where he will meet finance ministers and heads of central banks of the Group of Twenty, which includes the most prominent rich and emerging nations for the first time under the chairmanship of Russian. And before the economic recovery falters achieved at the global level, Russia has set itself as a key task determine the "sources of growth" by new Group of Twenty summit in the fifth and sixth of September in St Petersburg. But rich countries have المرغمة to contain or even absorb the debt, resorting more and more to the monetary weapon, any instrument currencies to support its economy. After the United States, which used to pursue this policy, just persuaded Japan central bank to follow this approach, the shift is supposed to pay it from the spiral of decline that weaken economic activity. But this transformation also resulted in a lower value of the yen against the satisfaction of Japanese industrialists but infuriated some countries, including Germany, which is one of the leading exporting countries in the world. The problem lies in this context in the decisions of the lack of cooperation, in contrast to spiritual group twentieth supposed to coordinate global economic policy-making. And that is a worry also neighboring South Korea, which increased its currency the "Won" automatically against the yen, as well as South American countries that regularly expresses its concern regarding U.S. monetary policy. Note that the term "currency war" developed by Brazil in 2010. This "war" than at the present time under the emerging countries and "seems to have reached in recent weeks to the developed world," the analysts pointed to "ING Anevstmant Management" in a note. In fact fears the euro zone central bank refuses to issue currency to support the economy, find themselves isolated and pay the price at the level of growth. Mario Draghi said, warning that he said did not reflect the policies pursued in other places of the world, "the consensus in the Group of Twenty then we would have to discuss that." The comment comes after France's comments and also for Germany, which through its finance minister the Schaeuble Volgang "great concern" about the Japanese shift in what has become head of its central bank Jens Vaidman worried about a "race to reduce currency." http://www.al-sharq.com/ArticleDetails.aspx?AID=239639&CatID=108&title="%D8%AD%D8%B1%D8%A8%20%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A7%D8%AA"%20%D8%AA%D8%B9%D9%88%D8%AF%20%D8%A5%D9%84%D9%89%20%D8%B7%D8%A7%D9%88%D9%84%D8%A9%20%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D8%AF%D8%AB%D8%A7%D8%AA%20%D8%A8%D9%8A%D9%86%20%D8%A7%D9%84%D9%82%D9%88%D9%89%20%D8%A7%D9%84%D8%B9%D8%B8%D9%85%D9%89 CNBC....Pro: Good Times Await Currency Investors Text Size Published: Friday, 1 Feb 2013 | 10:19 PM ET By: Kelley HollandNews Writer Twitter 104 LinkedIn 7 Share Paul Bradbury | OJO Images | Getty Images Hooray! Happy days are here again if you are a currency investor. So says George Saravelos, a currency strategist at Deutsche Bank. Saravelos is a believer in the "Great Rotation," the theory that investors will be shifting en masse into equities from bonds as the dark days of the Great Recession recede into the past. And he says the Great Rotation is great for currencies. "The start of the "Great Rotation" coincides with a cyclical trough in forex returns, suggesting we may be entering a cyclical 'bull' market for currency investors," he wrote in a note to clients. So how, exactly, will this play out? First up is the euro, Saravelos says. "EUR should outperform in the initial stages of the "rotation," he predicts. "Some crosses such as EUR/GBP have already recovered most of their pre-2010 losses. But the years of broad-based EUR weakness are over." Based on the euro's recent performance, Saravelos seems to be spot on with this point. A second implication for currency markets relates to the risk on-risk off trade, which has been a long-term dominant theme in the currency markets. "Lower global tail risk means that both policy changes and investor flows become more responsive to individual country conditions," Saravelos says. The bottom line: do your homework about different countries and currencies and it should really pay off. Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm. Learn more: The essential vocabulary for currency trading is on Key Terms Dictionary. Top currency strategies are broken down for you in Currency Class. Talk back: Tell us what you want to hear about - email us at moneyinmotion@cnbc.com. http://www.cnbc.com/id/100427455/