Willydell70: So many in Dinarland were really thinking this Oct 1st date was gonna be it and we would finally see the RV. Hope everyone keeps their spirits up through the weekend.
The question is if China joining the SDR, elections, Deutsche Bank keeping head above water, markets continue to be ok, are not triggers what is? Is it Iraq?
BuckeyeFan: Willy no clue, we have chased down markets, up markets and nothing so whatever the trigger is IMO it will just happen no fanfare. Let the monitoring be educational or entertaining but not a marker
Yada: Iraq’s RV is independent of activities outside of Iraq,,China’s SDR admission-no effect,,,,Deutsche bank challenges_no effect,,,,No asset backed issues because not banks are asset backed,,,
WillyDell70: Yada. Its been believed for a while Iraq has completed what they needed to do. Rays Iraq sources and bank sources have been expecting it for a while and recently by Oct 1st, should be interesting to see if we make it to Monday without the RV.
Yada: Iraq worked through what was required by the IMF and the UN via the CBI and all is complete,,,what is the timing of the release? Rays sources, and a few others are expecting it now,,,even through the weekend,,,
NWMontana: I think the bank crashes are tied into the RV narrative because in theory, our influx of big bucks would save them. thats some peeps thinking anyway. : )
Yada: nwmontana,,,,the RV of Iraq would be like the valve on a tire,,,air will pump the tire up,,,,,RV of currency will pump the economies up
9Ball: When you think you have all the money you will ever need, there are 3 things you want to stay away from. 1. Car Racing 2. Horse Racing 3. A High Maint. Woman. You will find out quick you don’t have enough money for the long haul. Told to me years ago by a very wealthy friend.
NWMontana: What kept Deutsche alive today…http://www.politico.eu/article/the-tussle-between-investors-and-regulators-that-will-decide-deutsche-banks-fate/?
NWMontana: What the Yuans inclusion into the SDR basket means….http://www.scmp.com/business/companies/article/2024075/chinas-renminbi-joins-sdr-basic-guide?
SassyD: Qatar is losing billions on Deutsche Bank — September 30, 2016: 10:26 AM ET — The wealthy Gulf state bought into the struggling German lender back in 2014, when it injected 1.75 billion euros ($2 billion) in return for about 60 million shares. Those shares are now worth just 624 million euros, or about 1.13 billion euros ($1.3 billion) less than Qatar paid. — http://money.cnn.com/2016/09/30/investing/deutsche-bank-qatar-share-collapse/index.html
ShastaConnect: This Is The Rumor Causing The Spike In Deutsche Bank Shareshttp://www.zerohedge.com/news/2016-09-30/rumor-causing-spike-deutsche-bank-shares
Stocks Soar After French Press “Confirm” Deutsche Bank Near Settlement With DOJ
by Tyler Durden
Seemingly confirming the rumor, Agence France Press reports that Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department. This has catalyzed another leg higher in Deutsche Bank stock and lifted the whole market as it would appear that unconfirmed sources have ‘fixed’ the world’s most systemically dangerous bank (despite the fact that short-dated counterparty risk is soaring).
Here is the tweet…
#BREAKING Deutsche Bank near $5.4 bn US settlement over mortgage bonds: source
— AFP news agency (@AFP) September 30, 2016