EagleEye Posted January 21, 2015 Report Share Posted January 21, 2015 http://finance.yahoo.com/blogs/talking-numbers/the-unthinkable-is-about-to-happen-in-the-currency-markets-221225700.html Not being a currency expert, I'm not sure what this means in the bigger picture and would love to hear comments from the financially astute among us... 1 Link to comment Share on other sites More sharing options...
captl1 Posted January 21, 2015 Report Share Posted January 21, 2015 This is occurring because countries with a low gdp can not contribute to the value where as an industrial or high agricultural country can...Greece ( tourism) vs Germany ( industry/agr). Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted January 21, 2015 Report Share Posted January 21, 2015 Not an expert either EE however, I find the one to one parity being considered a good thing, INTERESTING. With the CBI saying that they intend to, "create jobs", and everything Happening in Iraq, and with the recent actions of the SNB, one can't help but seriously speculate that something astounding is about to occur. Link to comment Share on other sites More sharing options...
EagleEye Posted January 21, 2015 Author Report Share Posted January 21, 2015 sure hope you are right LGD Link to comment Share on other sites More sharing options...
coorslite21 Posted January 24, 2015 Report Share Posted January 24, 2015 IMHOThere is a popular idea that the “powers that be” (PTB) are making an effort to manipulate these currencies ……..Euro, USD, Sterling Pound……to reach a parity, or equality to where they all share the same value. 1-1 The thought process would then might also include the IQD revalued to, and equal, as al 1-1 value with these other 3 currencies. Of Course Canada and Australia might be brought into this basket on an equal value….all having a value of 1……and that might constitute the SDR….(special drawing rights) peg that much of the world is talking about using as the world currency reserve (WCR)……abandoning the USD as the WCR .The PTB are comprised of the 12 wealthy families that control over 50% of the world’s wealth. Some family names would be Bilderberg’s, Rockefellers and Rothschild’s……perhaps familiar names. The Bank of International Settlements…(BIS) is the Financial controlling entity of the world…….controlled by the 12 families…..(there are actually a few more than 12)…. Next down the line of control would be the World Bank, IMF, and Central banking System…….The Federal Reserve of the US is a part of the Central Banking System just like the CBI (Central Bank of Iraq)….and every country in the European Union, and most of the world. The United States Government does not control our Federal Reserve. Our 18 trillion in debt, and the QE programs that caused our debt, have occurred because, we and the world, allow these 12 families to control the financial dealings of our world. They also control over 90% of the media around the world as well. Ever wonder why you are hearing on the news that there is no inflation, but every time you go for groceries the costs are higher, or, how unemployment is so much lower but you know those who can’t find a job? OK…Sorry….I am off track… Where I guess I was headed with that was these PTB can pretty much do what they want with currency and manipulate it as they chose for their own profit. We can study currency history and have a pretty good idea on where they may be headed, but that’s about it. Recently the BRICS Nations..(Brazil, Russia, India, China and South Africa) formed an alliance to try to break the financial control of this group. Many countries in the world are joining this movement as a large part of the world is tired of being held back and because of this we know them as what we call 3rd world countries. The BRICS nations have started their own World Bank, a Swift system for money transfer, and are by-passing the Petro Dollar (USD) for oil trade. (actually, many countries are now doing this) They are doing this as a rebellion against the status quo. The response has been an economic WW3 with the PTB fighting back with the reduced oil prices. Russia has been the driving force behind the BRICS movement…(China is the largest)……and because Russia derives 90%+ of its revenue from oil the PTB are going to crush them if possible. Countries such as Switzerland are becoming pro active to protect themselves from possible fallout from this battle and that's why we saw the Swiss National Bank (SNB) drop their peg to the EURO a week ago with out informing the IMF or BIS........It is very possible in the week/s ahead we will see more of this with Denmark and Germany being the major players to watch. So…….who will win this epic battle and how will it affect all of us??? Unfortunately, all you, and I can do, is sit on the side lines, get out the popcorn, and enjoy the show. 1 Link to comment Share on other sites More sharing options...
EagleEye Posted January 24, 2015 Author Report Share Posted January 24, 2015 ever closer to one-world system money, faith, govt etc....thanks coors....no popcorn here but I am l "lighting the lamp"..... Link to comment Share on other sites More sharing options...
coorslite21 Posted January 24, 2015 Report Share Posted January 24, 2015 EE.......appreciate the thought, however, I am not looking at One World Government, or One World Faith.....or even a One World Currency! I do believe we will see a balanced currency peg that is fairer to many countries of the world. This will be the SDR. I am lighting the lamp as well. The IQD should fare very well in the new system, and that should be good for all of us. My concern is that once Dinar Land lands this huge blessing, that there will be many currency traps set for us with the intent that we may lose our gains as fast as we received them.... Thanks again for the post. Link to comment Share on other sites More sharing options...
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