Eagle1 Opinion from KTFA Forum Early Friday AM - 03/08/2013

[ronscarpa]

 

 

Eagle1 Opinion from KTFA Forum Early Friday AM:

03/08/13

 

 

Bill A wrote on March 7th, 2013, 10:31 pm:   Hi Frank,
Would it make sense that the UN operational rates update due on March 15th could fall within this currency basket revaluation? Ultimately, RV with rate since budget is passed.

I am curious if this currency basket revaluation would stay on target with the dates on UN operational rates or perhaps just come out as a surprise.
What do you think Frank or Delta or Eagle 1?


Eagle1 wrote on March 8th, 2013, 1:44 am:

Good Evening, Bill:   After reading the various posts on the forum tonight and seeing a lot of confusion over the basket of currencies, as well as the expected devaluation of the USD, it appears that I need to try and clear things up a bit.

As we know, there are 15 currencies that are expected to restructure (and I use that word advisedly) in the coming days and weeks. Could they revalue and devalue (depending on the currency) the entire basket in one day? They could, but in my honest opinion, that is highly unlikely. If you study the historical pattern of currency changes, and the ongoing GCR we've seen since the first of the year, you see first a major currency revaluation, followed quickly by a pair of currency devaluations, followed by another currency revaluation, followed by a couple more currency devaluations.

There is a careful balancing act taking place in order to avoid too great a shock to the world economic system at one time. We are watching the USD increase in value during the current cycle.

That's nice, but what you are seeing is a temporary change as it shifts against the traditional basket of currencies. As we see other currencies continue to revalue and devalue, you will see the USD fall to a level below its statistical average (at this point, typically .79 - .80). We could see the USD fall to perhaps .77 or even .75 before rebounding. The rebound could bring it back to .80 or .81 where it would sit for a short time before beginning another slow slide downward.

With the ongoing changes taking place (or scheduled to take place) within the 15 currencies, my expectation is that we will see these 15 currencies change over a period of the next four-to-six weeks, with the USD fluctuating with those changes meanwhile. The IQD is a major game-changer in the upcoming changes because several major world currencies are using the IQD as their reserve currency in order to back up their own revaluations. The VND shows every indication of changing at or near the same time as the IQD. The ultimate backup for the VND (by way of the Chinese Yuan) is the IQD.

This is because the IQD is the only fully gold-backed currency in the world at the moment. The IQD has become the trigger mechanism for the GCR. Its RV is the single most important event in the restructuring of these 168 currencies.

That said, any fears over the USD suddenly losing 30, 40 or 50 percent of its value overnight are unfounded in my honest evaluation of what's taking place. In the long term scheme of this planned GCR, the USD will undoubtedly be worth less proportionately than it is today -- and perhaps as much as 40% in the final analysis -- but when you understand the careful balancing act that is taking place with the world economies, such a sudden devaluation at this stage of things would cause such a shock to other non-revalued (or non-devalued, as the case may be) currencies as to cause a serious crash within the banking systems.

The GCR is an event that began to be set in motion back in 2002 during George W. Bush's first term. It has been carefully planned and its execution is a delicate balancing act because of the current crises that exist within the EU and other non-EU aligned nations. The complete crash of any one of these nation's economies and currencies could literally topple the world banking system overnight.

The Iraqi invasion and the war that toppled Saddam Hussein was an unexpected gift to this planned currency reset. There has been so much baloney in the news media and the reporting of the events that triggered the Iraq War that the truth has been completely submerged. Bush capitalized on a real crisis and took advantage of a real threat to the world by Saddam's WMD program to cancel the threat and rebuild both Iraq (ripped apart from Saddam's terrorist adventures) and the oncoming crisis in the world economic system. The man was either a genius, or he was surrounded by gifted people who had enormous foresight and planning skills. Either way, he is a modern Joseph for this day and time.

The GCR, if carefully executed, will be a huge turnaround for the world economic system -- at least in the near term. Unless nations get a grip on their socialist, insane spending habits, and entitlement philosophies, the current economic crises will look like child's play in the years ahead. Revelation 18 is a pretty clear picture of where the world is ultimately headed. As believers in Jesus Christ we've been provided with a once-in-a-lifetime opportunity to ensure that the entire world is afforded the opportunity to hear the Gospel of the Kingdom. It is an opportunity that will never be repeated, and we'd better not squander it!

Now that I've waxed windy (with questionable eloquence!) I'll shut up. That's my two cents worth for your consideration.

Blessings on you.

Eagle1

Edited March 8, 2013 by paperboy
to remove other site link

[SgtFuryUSCZ]

***///

 

Ah, RONSCARPA...

what can 'OlSarge'sGals say except: as usual, you've brought a brilliant piece to us here!

 

Gratitude & Respect, Sir...! 

[gyarbrough]

Good read and thank you for the info

[cardealing4life]

as usual thanks again ron you are always bringing these great articles. keep em comin'. GO RV!!!!!!!  

[sandstorm]

So he thinks the dinar will be a reserve currency in 4-6 weeks? Everyone has an opinion. my opinion is it wont be....the cbi cant even keep the market rate stable.....let alone under 1200. Guess theyll be busy the next few weeks

[dweave69]

thanks Ron for the post.

[robo5288]

First of all, who says that there are 15 currencies set to restructure during the next few weeks? Folks, I am a successful, profitable currency trader; and this is nothing but complete bogus B.S. Period. People make these stories up; and then they pass them on as if they were fact. And then, people buy more dinar because they get excited. There is not a  basket of currencies waiting to restructure. Also, there is reference to a devalue of the dollar. Currency is traded in pairs; so if the dollar is going down in value, then what is going up? Euro? Yen? Pound? etc? You must be kidding. The dinar might RV sometime; but it has nothing to do with any of this propaganda. Thanks and have a good day. 

[sandstorm]

First of all, who says that there are 15 currencies set to restructure during the next few weeks? Folks, I am a successful, profitable currency trader; and this is nothing but complete bogus B.S. Period. People make these stories up; and then they pass them on as if they were fact. And then, people buy more dinar because they get excited. There is not a basket of currencies waiting to restructure. Also, there is reference to a devalue of the dollar. Currency is traded in pairs; so if the dollar is going down in value, then what is going up? Euro? Yen? Pound? etc? You must be kidding. The dinar might RV sometime; but it has nothing to do with any of this propaganda. Thanks and have a good day.

thank you for being logical. we have people talking about currencies...who arent qualified to take out my trash.....its obviously about selling dinar. but then they fill peoples head with lies. then those people repeat the lie...and when you question the theory...they attack you and begin to ask...why you here anyways. its like....if you dont believe the gurus...your the problem....crazy times. but thank you for some common sense Edited March 8, 2013 by sandstorm

[NWGUY]

 

I am not a genius in the world of currency, but JMHO is, that Iraq could care less whether they were in a basket, or not, or even if they were going to benefit the entire world, when they RV.  In fact, they could care less if their own people benefitted from a RV.

 

I guess, what I am trying to say, is that Iraq will RV when they want, and how they want.  I do not believe that there is any powers on earth, that will make them RV, or pressure them into something they are not ready to do.

 

JMHO....

 

Go RV or RI !!!

   

[Flatbush Zombies]

thank you for being logical. we have people talking about currencies...who arent qualified to take out my trash.....its obviously about selling dinar. but then they fill peoples head with lies. then those people repeat the lie...and when you question the theory...they attack you and begin to ask...why you here anyways. its like....if you dont believe the gurus...your the problem....crazy times. but thank you for some common sense

100% accurate. Great post!!! It blows my mind how the sheep defend these losers.

[caz1104]

 

thank you for being logical. we have people talking about currencies...who arent qualified to take out my trash.....its obviously about selling dinar. but then they fill peoples head with lies. then those people repeat the lie...and when you question the theory...they attack you and begin to ask...why you here anyways. its like....if you dont believe the gurus...your the problem....crazy times. but thank you for some common sense

 What you say may be accurate(except for the trash comment),but remember at the very top of the thread in bold letters there is that word that some here frequently forget to understand or recognize, "opinion". If i missed the part where the poster stated he/she is an expert on currencies and people should take what they say as gospel then I apologize. Otherwise i except exactly what it states it is(opinion) and will do my own dilligence before accepting as fact-peace

[sandstorm]

100% accurate. Great post!!! It blows my mind how the sheep defend these losers.

its really jawdropping to see some peoples responses. we have members who trade currencoes daily...we have people with economic degrees.....and there attacked if they show a possible negative situation, determined by facts and theories and laws.

they are trumped by gurus who flagrantly generate a guaranteed revaluation. they turn it from speculation...into a guaranteed gift from god....thats a blessing that has there name on it.

im still not immune to that kind of garbage. it frustrates me.........when people mislead others. even if its your best opinion and your 99.999% sure of a rv.........you always tell people nothing may happen at all.

I respect all opinions. just dont dice your opinions into facts or guarantees

  What you say may be accurate(except for the trash comment),but remember at the very top of the thread in bold letters there is that word that some here frequently forget to understand or recognize, "opinion". If i missed the part where the poster stated he/she is an expert on currencies and people should take what they say as gospel then I apologize. Otherwise i except exactly what it states it is(opinion) and will do my own dilligence before accepting as fact-peace

no caz...no one needs to be an expert to give an opinion. i explained it. in the above post.

When he said...many countries ARE using the dinar as a reserve currency. that not....they may....or can...or imo....its they Are.

which currently is false. maybe someday....but thats the type of guarantees that get under my skin

[caz1104]

 

its really jawdropping to see some peoples responses. we have members who trade currencoes daily...we have people with economic degrees.....and there attacked if they show a possible negative situation, determined by facts and theories and laws.

they are trumped by gurus who flagrantly generate a guaranteed revaluation. they turn it from speculation...into a guaranteed gift from god....thats a blessing that has there name on it.

im still not immune to that kind of garbage. it frustrates me.........when people mislead others. even if its your best opinion and your 99.999% sure of a rv.........you always tell people nothing may happen at all.

I respect all opinions. just dont dice your opinions into facts or guarantees

no caz...no one needs to be an expert to give an opinion. i explained it. in the above post.

When he said...many countries ARE using the dinar as a reserve currency. that not....they may....or can...or imo....its they Are.

which currently is false. maybe someday....but thats the type of guarantees that get under my skin

 "degree"hmm but don't understand the definition of the word "opinion". You could have just said what was stated is inaccurate but had to throw in the "trash" & the we are more intellgent jargan(trade currencies & degrees) as if somehow that makes one more intellgent and others not. I would venture that many here have upper learning degrees and are quite intelligent in their own right. Heck there is a BMW mechanic that posts here that has no such degree but handles himself quite nicely when discussing said topics. Degrading others does not help others understand which some claim is why they are here-peace. Edited March 8, 2013 by caz1104

[gregp]

Thanks for all your opinions. OMG!

[sandfly]

THAT WAS A FINE READ THANKS FOR THAT. I HOP U R RIGHT

[easyrider]

Thanks for the post Ron.  Eagle 1 was an international banker of 30 years retired but I'm sure hes still not qualified to know anything right Sandstorm?      

Edited March 9, 2013 by easyrider

[Biker]

This is the part that I'm confused on, if all the country's hold Dinar, and the Dinar is a worthless money only in Iraq, I myself would not hold it as a reserve currency if it was backed by Jesus Christ his self, Its worthless, non trade able. cant do nothing with it. Why would they hold it as a reserve. They don't no for a fact it will ever be worth anything. Thats why the Big Boys on wall street wouldn't buy it. Its a high risk game. Now some have bought into it only because the US stock market was doing so badly. Now its back at high pay offs and there back in the game, for a short term because it wont last long.If Iraq ever gos to war it will be back in the shittter . And all lose what they have invested.So in my thinking NO country is going to depend on the Dinar as a back up.AT this point .They can back it with all the gold they want and it don't mean diddly with the middle east in the un stable condition its in rite now.

[Billb]

Thx Ron for the info

[fib1618]

Thanks for the post Ron.  Eagle 1 was an international banker of 30 years retired but I'm sure hes still not qualified to know anything right Sandstorm?      

Sure he was. 

[Reelemfast]

I still think it's time for a tradable currencies for Iraq, after 10 yrs. I think, it could happen this year, also. BUT, being corrupt as they are, is what really is hurting us.

 If we all knew what is going on with our own country right now, there would be a civil war right here in the USA. It's going to get that way, sooner than everyones thinks, ALOT SOONER. I hate to say that, but, you better get ready for hard times, it's already started folks.       I SAY, !!!!

Make sure you know who GOD is at all times. Ya DON'T want to be left standing here on earth, when that big day comes. And thats the most important info you can get, i promise, and ya can take that to the bank..........

I'm fixing to change that right NOW. Get ready people im fixin to "PUSH THE BUTTON", if nothing happens, don't call me, call Adam.   lol