Scooter Chat July 1 FROM ANOTHER SITE

Scooter Chat July 1 FROM ANOTHER SITE

[3:58:26 AM]Scooter: Let's try that
[3:58:27 AM]Scooter: OK
[3:58:31 AM]MrRich: trying
[3:58:32 AM]MrRich: lol
[3:58:33 AM] BanG: Im here
[3:58:38 AM]Scooter: hahahahah
[3:58:42 AM] Scooter: OK
[3:59:16 AM] Scooter: that article is saying, essentially that they will be mimicking their structural changes very similar to the USD
[3:59:35 AM] Scooter: whereby the 100 dollar bill or the 100 dinar bill
[3:59:36 AM]Scooter: but remember
[3:59:47 AM] Scooter: what's real
[3:59:48 AM]MrRich: there is no 100 dinar bil
[3:59:49 AM]Scooter: nothing bad
[3:59:55 AM]Scooter: hold on
[4:02:16 AM] Scooter: and yes inflation is rising quickly
[4:02:18 AM] Scooter: in iraq
[4:02:30 AM] BanG: Yes that is the question I thought you were asking me a new Q? Do you think this is the RV?
[4:02:54 AM] BanG: regarding the 100
[4:02:57 AM]Scooter: no
[4:02:59 AM] Scooter: not at all
[4:03:07 AM] Scooter: What they are saying is this
[4:03:07 AM]Scooter: one
[4:03:30 AM] Scooter: they will mimic in allot of way to the USD format with their hundred series notes
[4:03:51 AM] Scooter: largely because they just entered the Arab Monetary Fund
[4:03:58 AM] Scooter: This fund has 21 countries
[4:03:59 AM] MrRich: so they're going to introduce 100 notes?
[4:04:14 AM] Scooter: and most of those countries are pegged to the USD
[4:04:14 AM] Scooter: so
[4:04:26 AM] Scooter: for payment systems with large transactions
[4:04:55 AM] Scooter: they needed to have similar notes and format to their neighbors
[4:05:18 AM] Scooter: has nothing to do other than meeting the requirements of the electronic trading
[4:05:32 AM] Scooter: particularly with the Thompson Reuters software
[4:05:44 AM] Scooter: They wouldn't be able to trade
[4:05:56 AM] Scooter: they would have 15 decimal places over
[4:06:03 AM] Scooter: similar to Iran
[4:06:19 AM] BanG: Would you say that this is a positive step forward? Are we heading towards an RV with this move?
[4:06:25 AM] Scooter: the part that is interesting today is the fact that 248 minutes ago
[4:06:31 AM] Scooter: the DFI was released
[4:06:44 AM] Scooter: and the international immunity gone
[4:06:52 AM] MrRich: no extension?
[4:06:54 AM] Scooter: now the protections fall on US Soil
[4:07:00 AM] Scooter: oh yea
[4:07:04 AM] Scooter: the President did
[4:07:12 AM] Scooter: This is AWESOME news
[4:07:18 AM] Scooter: everything is going according to plan
[4:07:23 AM] Scooter: I'm stunned actually u
[4:07:32 AM] Scooter: it seems to be going to well[4:07:38 AM] Scooter: waiting for the bomb to drop
[4:07:42 AM] Scooter: you know what I mean
[4:07:48 AM] Scooter: too many times getting excited
[4:07:53 AM] Scooter: nevertheless
]4:07:57 AM] Scooter: the other good thing
[4:08:08 AM] Scooter: the MRI booklet was released to the banks
[4:08:24 AM] Scooter: one minute -- because you will dig this part
[4:08:40 AM] Scooter: http://www.mriguide.com/updates.htm
[4:09:01 AM] Scooter: http://www.mriguide.com/
[4:09:04 AM] Scooter: now
[4:09:14 AM] Scooter: first thing
[4:09:33 AM] Scooter: How can the banks have the 100,000 note information
[4:09:38 AM] Scooter: if the parliament
[4:09:56 AM] Scooter: hasn't voted on it
[4:10:03 AM] Scooter: or for that matter
[4:10:12 AM] Scooter: the lower denoms
[4:10:25 AM] Scooter: Essentially, they have been lying to us
[4:10:29 AM] Scooter: hahahahaha
[4:10:31 AM] Scooter: it means
[4:10:41 AM] Scooter: they've already voted on the lower denoms and the larger notes
[4:10:43 AM] Scooter: hahahahahhahha
[4:10:50 AM] Scooter: this just kills me
[4:10:51 AM]MrRich: that's what Highlander told us
[4:10:58 AM] Scooter: exactly
[4:11:12 AM] Scooter: she's the one that showed me today
[4:11:14 AM] Scooter: hahahah
[4:11:23 AM] Scooter: and she rubbed it in my face
[4:11:23 AM] Scooter: lol
[4:11:26 AM] Scooter: lol
[4:11:37 AM] BanG: lol
[4:11:40 AM] MrRich:
[4:11:54 AM] Scooter: Precisely
[4:12:01 AM] Scooter: also
[4:12:19 AM] Scooter: Forex isn't behaving normally
[4:12:31 AM] Scooter: the Suisse is going opposite of the Euro
[4:12:43 AM] Scooter: the Euro is blasting upward
[4:13:08 AM] Scooter: and Oil and commodities just can't figure out what the heck to do
[4:13:13 AM] Scooter: people are lost right now
[4:13:21 AM] Scooter: the trends aren't there
[4:13:26 AM] Scooter: here
[4:13:31 AM] Scooter: I'll show you what I mean
[4:14:00 AM] Scooter: http://www.dailyfx.c...ar_is_weak.html
[4:14:15 AM] Scooter: It's bizarre behavior
[4:14:29 AM] Scooter: because there's divergence between the Euro and the GBP
[4:14:35 AM] Scooter: that rarely, rarely occurs
[4:14:39 AM] Scooter: but
[4:14:51 AM] Scooter: there's allot of things surrounding Greece
[4:14:59 AM] Scooter: Who knows
[4:15:06 AM] Scooter: but intend to follow the money flows
[4:15:20 AM] Scooter: I hope that helps
[4:15:26 AM] Scooter: because I need to go to bed
[4:15:27 AM] Scooter: lol
[4:15:46 AM] BanG: Thanks man have a good night. Peace.
[4:15:56 AM] Scooter: I hope that helped
[4:16:32 AM] Scooter: lol
[4:16:34 AM] Scooter: lol
[4:16:34 AM] Scooter: sorry
[4:16:37 AM] BanG: ahhh
[4:16:38 AM] BanG: lol
[4:17:01 AM] MrRich: so bottom line, you're happy with today's news but no RV?
[4:17:10 AM] BanG: YES
[4:17:17 AM] Scooter: MrRich 240 minutes ago
[4:17:25 AM] Scooter: they were released
[4:17:32 AM] Scooter: how could they RV
[4:17:50 AM] Scooter: if they were still under the Chpt 7 immunity protection
[4:17:55 AM] Scooter: they couldn't
[4:18:06 AM] MrRich: but now they're not so they can
[4:18:20 AM] Scooter: In theory ---
[4:18:23 AM] Scooter: YES
[4:19:12 AM] Scooter: once the immunity is erased -- and based on the words regarding the demarcation lines with Kuwait
[4:19:24 AM] Scooter: I'm excited
[4:19:33 AM] Scooter: and when Highlander called me with that link
[4:19:44 AM] Scooter: I got a bit more excited
[4:20:09 AM] Scooter: because that means they voted on the issuance of the lower denoms a long time ago
[4:20:12 AM] Scooter: lol
[4:20:13 AM] Scooter: lol
[4:20:29 AM] MrRich: Okay, I guess I'm just confused on the DFI thing ...
[4:20:48 AM] BanG: http://dinardater.in..._5485#entry5485
[4:20:49 AM] MrRich: how can it be extended and released at the same time?
[4:21:17 AM] Scooter: two different things
[4:21:24 AM] BanG: ok
[4:21:32 AM] Scooter: the EO is a US only order
[4:21:39 AM] Scooter: the Chpt 7
[4:21:45 AM] Scooter: is international release
[4:21:51 AM] Scooter: from UN
[4:21:54 AM] Scooter: see
[4:21:58 AM] BanG: yes
[4:22:04 AM] Scooter: Iraq needs protection
[4:22:23 AM] Scooter: and the US would be the only player in the world that could grant them this immunity
[4:22:28 AM] Scooter: and protection
[4:22:34 AM] Scooter: those funds
[4:22:38 AM] Scooter: would have been raide
[4:22:42 AM] Scooter: raided
[4:22:53 AM] Scooter: and the country completely illiquified
[4:22:56 AM] Scooter: instantly
[4:22:59 AM] MrRich: so that's what highlander was referring to last night about Iraq's legal defense team?
[4:23:06 AM] Scooter: hahaahh
[4:23:06 AM] Scooter: yesw
[4:23:08 AM] Scooter: yes
[4:23:12 AM] MrRich: US
[4:23:26 AM] Scooter: Precisely -- in so many words
[4:23:27 AM] Scooter: yes
[4:23:36 AM] MrRich: that's what the EO was about
[4:23:54 AM] MrRich: They're no longer immune but we've got their back
[4:24:00 AM] Scooter: The extension of the EO is completely about protecting the assets of Iraq -- number one
[4:24:02 AM] Scooter: two
[4:24:22 AM] Scooter: It gives the US the leverage against these folks in the future
[4:24:34 AM] Scooter: for a very very long future
[4:24:35 AM] Scooter: lol
[4:25:01 AM] Scooter: The withdrawal agreement says it best too
[4:25:19 AM] Scooter: it's all about controlling that country and its future
[4:25:28 AM] Scooter: and that control comes out of Washington
[4:25:31 AM] Scooter: hahahah
[4:25:38 AM] MrRich: ok
[4:25:38 AM] Scooter: It just keeeeels me
[4:25:46 AM] Scooter: believe it or not
[4:25:48 AM] Scooter: they'
[4:26:03 AM] Scooter: the US has done something similar in every war