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8-28-2012 Med: ON A BASKET THEY WILL HAVE 4 COUNTRIES ALONG WITH IRAQ. NOW I CAN’T SAY WHO IT WOULD BE. I THOUGHT IT WOULD BE COUNTRIES IN THE ME. WHAT HAPPENS IS THEY ALL HAVE A VALUE LIKE RIYAL IS AROUND .26 TO .32 THEN YOU HAVE THE KWD WHICH IS AROUND 3.87 YOU HAVE THE JORDANIAN DINAR THE BAHRAIN DINAR. SO HOW IT WORKS IF THE DINAR LET’S SAY DROPS BUT THE OTHERS ON IT RISE THE DINAR WILL NOT LOSE ANY VALUE THEY FEED OFF EACH OTHER IN A BASKET FLUCTUATION IS MINIMUM. NOW IN A FLOAT THIS IS WHAT THE KUWAITI'S DID FOR ABOUT 2 YRS IT CAUSED SO MUCH FLUCTUATION ON A DAY TO DAY RATE ANYWHERE FROM .40 OR MORE A DAY SO THEY DECIDED TO STOP IT AND WENT INTO A BASKET NOW IT HAS STABILIZED. THERE ARE SEVERAL TYPES OF FLOATS. THE DINAR IS PEGGED AGAINST THE USD AND SHOULD HAVE INCREASED IN VALUE WHEN THE USD DID BUT IT DID NOT BECAUSE CBI GOT PERMISSION TO USE A CRAWLING PEG AND ARE IN A MANAGED FLOAT. THIS IS WHERE THEY THE CENTRAL BANK PUT OUT OR TAKE IN CURRENCY TO KEEP THE RATE STABLE THAT IS ABOUT IT.
9-28-2012 Freeway Bill & Studley: EVEN THOUGH OUR CALL WAS NOT AN INTEL CALL, WE RECEIVED CALLS TODAY ASKING THAT WE PUT OUR CALL OFF AS WE ARE IN A SENSATIVE TIME RIGHT NOW. THINGS ARE HAPPENING RIGHT NOW THAT NEED NOT TO BE DISCUSSED ON PUBLIC FORUM AND IN ORDER TO MAKE SURE THAT THEY ARE NOT, THEY (ARCHITECTS OF THIS BLESSING) ARE ASKING THAT EVERYONE CEASE CALLS AT THIS TIME. WE WILL RESPECT THIS REQUEST. SO FOLKS, IT IS TIME TO PRAY AND LET'S GET THIS THING DONE!!! GOD BLESS ALL OF YOU AND GOD BLESS THE USA.
8-28-2012 Med: ON A BASKET THEY WILL HAVE 4 COUNTRIES ALONG WITH IRAQ. NOW I CAN’T SAY WHO IT WOULD BE. I THOUGHT IT WOULD BE COUNTRIES IN THE ME. WHAT HAPPENS IS THEY ALL HAVE A VALUE LIKE RIYAL IS AROUND .26 TO .32 THEN YOU HAVE THE KWD WHICH IS AROUND 3.87 YOU HAVE THE JORDANIAN DINAR THE BAHRAIN DINAR. SO HOW IT WORKS IF THE DINAR LET’S SAY DROPS BUT THE OTHERS ON IT RISE THE DINAR WILL NOT LOSE ANY VALUE THEY FEED OFF EACH OTHER IN A BASKET FLUCTUATION IS MINIMUM. NOW IN A FLOAT THIS IS WHAT THE KUWAITI'S DID FOR ABOUT 2 YRS IT CAUSED SO MUCH FLUCTUATION ON A DAY TO DAY RATE ANYWHERE FROM .40 OR MORE A DAY SO THEY DECIDED TO STOP IT AND WENT INTO A BASKET NOW IT HAS STABILIZED. THERE ARE SEVERAL TYPES OF FLOATS. THE DINAR IS PEGGED AGAINST THE USD AND SHOULD HAVE INCREASED IN VALUE WHEN THE USD DID BUT IT DID NOT BECAUSE CBI GOT PERMISSION TO USE A CRAWLING PEG AND ARE IN A MANAGED FLOAT. THIS IS WHERE THEY THE CENTRAL BANK PUT OUT OR TAKE IN CURRENCY TO KEEP THE RATE STABLE THAT IS ABOUT IT.
9-28-2012 Freeway Bill & Studley: EVEN THOUGH OUR CALL WAS NOT AN INTEL CALL, WE RECEIVED CALLS TODAY ASKING THAT WE PUT OUR CALL OFF AS WE ARE IN A SENSATIVE TIME RIGHT NOW. THINGS ARE HAPPENING RIGHT NOW THAT NEED NOT TO BE DISCUSSED ON PUBLIC FORUM AND IN ORDER TO MAKE SURE THAT THEY ARE NOT, THEY (ARCHITECTS OF THIS BLESSING) ARE ASKING THAT EVERYONE CEASE CALLS AT THIS TIME. WE WILL RESPECT THIS REQUEST. SO FOLKS, IT IS TIME TO PRAY AND LET'S GET THIS THING DONE!!! GOD BLESS ALL OF YOU AND GOD BLESS THE USA.