Jim Willie predicts a Global Currency Reset

[easy]

His complete name is Jim Willie Nelson and he smokes the sheet out of pot........

and sings drunken country songs too

Ah ok i know that jim willie thanks

[GGGECKO]

You know it's nice to know the end of the world as we know it is right around the corner. Come on mannnnnnnn!

 

We RV and I go sit on an island somewhere and let knuckleheads be knuckleheads.

 

Go RV!

[ReinMan]

This (original msg in this thread) could be the drama seed of what's playing out on Recraps right now - China the major player is mentioned.

What's funny is that there''s no real evidence of the GCR, Turkey's currency is just being a little wonky on a general downward slope, and someone tried to pin that on an event.

 

So I will do this:

 

"This is not the GCR you're looking for."

 

 

1-29-2014   Newshound/Intel Guru Eagle1   For roughly the past 15 months we have talked about the Global Currency Reset. Most people have focused on the RV of the Iraqi Dinar as being a single event that would mostly affect those people only who held this currency. In the past week, for the first time we have been seeing the national news media -- and more specifically, the financial news networks like Fox Business News, CNBC, Bloomberg, and even the lowly CNN, do interviews with economists who are speaking directly to the GCR and the immediacy of its release to the world.   Last Friday, January 24th, CNBC had a rather remarkable interview with economist, Art Cashin, who is the Director of Floor Operations for UBS (United Bank of Switzerland) at the NYSE.  For the first time in anyone's memory, we had an international banking figure come out and publicly state that nations would be revaluing their currencies on Sunday. 

 

 

(The CNBC video was pretty vague! No sign of the Fox event archived. Haven't checked for the other sasquatch sightings on the other networks.
Sunday? Word was it already happened this weekend.)

 

1-29-2014   Newshound/Intel Guru Eagle1    We subsequently saw Christine Lagarde give a speech on Saturday in which she spent not less than five minutes specifically referring to the coming "Reset," noting that this was an event of extreme importance to the global economic ills as a corrective measure.  On Monday, Fox Business News did a series of interviews throughout the day with different economists who were not bashful at all about referring specifically to "The Global Currency Reset."  Art Cashin was not wrong when he talked about currencies being revalued on Sunday, but he only mentioned four or five currencies in the interview. What got left out of the interview was the fact that the GCR actually did begin its process on Sunday, a process specifically sanctioned and implemented with the cooperation and help of the IMF. Two of the major currencies that we've been watching -- namely, the IQD and the VND -- were among the first to revalue.  

 

(Remember people, nothing has revalued until the rate is public and trade-able!! ALSO, isn't there a transcript of what Lagarde said?)

 

1-29-2014   Newshound/Intel Guru Eagle1   I have been repeatedly advised by my contacts at the IMF and other agencies that they would NEVER just do the Dinar or the Dong, release those currencies to the world, and then follow up with other currencies behind them simply because of the massive amount of double-dipping that would take place. Sure enough, even though we had seen a total of 104 currencies finish the revaluing process by Monday night, it was made abundantly clear that we would not get to see the new rates until the process completed. With 104 currencies having finished the process, that left 94 yet to go.  I do not know what time the actual process began, but what has been said is that the IMF gave a 72-hour window for all 198 currencies to undergo the process of change, after which the new rates would be released to the world. The timing of this is interesting in view of the fact that the new UN Operational Rates of Exchange chart is due for initial release on the 29th with the final publication on the first of February.  

 

(Again, where's the rate? It didn't happen until the rate is public and trade-able!!)

 

 

1-29-2014   Newshound/Intel Guru Eagle1    Finally, without speculating here on all the discussions of the new rate for the IQD, I will remind you that before Dr. Sinan Shabibi was so rudely removed from his post as the Governor of the CBI, he made the point that when the Dinar was revalued and released for international trade, it would be critically important for that rate to be in effect for 24-36 months before allowing it to float. His successor, Dr. Turki, has been quoted in the Iraqi news media as pretty much adhering to that position.  From reports we've received out of the IMF, we're told that the IQD will closely mirror (within a few pennies) the published rate of the Kuwaiti Dinar. At the close of markets today, the KWD was just over $3.54. That ought to give you some kind of guideline.  Barring some event none of us know anything about, I honestly expect this to be our week!  

 

1-29-2014   Intel Guru Fisherman1   That Eagle1 post is somewhat correct but the GCR did start Sunday that is true.  It will be before Friday they turn it loose here.  [see Eagle 1 post 1-29-2014]
 

Not repeating myself. You know the rule.

 

 

1-29-2014   Intel Guru TD   THE GCR IS HAPPENING ALRIGHT ---BUT in the opposite way people have been selling it. As the economy in the USA is showing signs of improvement, The Fed has a tapering agenda in play in months ahead. By raising interest rates other countries will also need to adjust their rates to protect capital flight from leaving their countries as investors look toward the US more favorably.  

1-29-2014   Intel Guru TD     Already overnight South Africa & Turkey raised rates unexpectedly and their currencies today are taking a hit. So is the Brazilian real & Argentine Peso. In months ahead as these mechanisms take hold worldwide , emerging market countries will also raise THEIR rates and their currencies will devalue vs. the dollar. As far as the IQD, it's already at a low rate BUT with these world market forces playing out there is NO WAY a sudden, dramatic upside increase is probable.  

 

Don't get caught up in the drama..... NOTHING IS HAPPENING UNTIL WE SEE THE RATE. This is all filler.

Edited January 29, 2014 by ReinMan

[gymrat76541]

I think the Dinar will revalue long BEFORE the world decides to revalue.

 

Do you know what it would require for all the countries to agree to this? An Act of God.

 

[ReinMan]

I think the Dinar will revalue long BEFORE the world decides to revalue.

 

Do you know what it would require for all the countries to agree to this? An Act of God.

 

 

 

And I thought Lagarde only had to wave her pinky!!! Lagarde isn't god?

[a-j516]

I believe if I was told correctly that Jim Willie and Frankee Ville are pumper cousins.....

[vomer]

Ooooooo but it's supposed to happen Feb. 16-18.  I'm not taking another a** chewing for posting from another site.  

[sandfly]

IT'S FUNNY

[Texas1]

IT'S FUNNY

Thank you for not being dead