Category: Chinese Currency

Thoughts and Opinions from TNT Members Sat. Night

Spguru…Don’t read in to all the info because Intel is hard to come by. Remember the past and what is needed for this to happen and the economics of the GCR…..

Spguru..Put it this way I have nothing else to say other than be here to support. It is all handled and just waiting for blessings. New intel is old info and smoke and mirrors

Spguru …Love all the smoke and mirrors coming out today. It seems to be at the brim. Just what we wanted. Denial denial denial. Patiently we wait for the blessing.

 [Chicago22] Leochin how are we looking

[loechin] Just preparing my plan for the Banks

[igotit] loechin … do you expect banking on tomorrow, or starting Monday AM.

 [loechin] igotit I always bank on Monday
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Read More Link on Right

[loechin] You have this assurance that CL said do this so if she has to step in she will

birdman98 wrote Nov 23rd @01:10pm:   Prediction ? My Source says everything is done he expects it to be Live before 5am GMT = 12am EST … The Parameters that tony spoke of in the system are close to being at where they need to be … So if there isnt some world wide event that will ruins everything We Would Be In The Banks Monday Morning Bright And Early For SURE

***************

LOECHIN LIVE

Nervous, that’s the one word the describes most of the Dinar Community right now. I will say that as of yesterday I was getting nervous myself not because of the RV not happening but as to when, or I was thinking maybe my guys had lead me astray.

 I was made aware of this by our family friend Gladys. I thought this is nuts but my Parent’s had already bought some IQN. My mom asked me to check it out so I did and much to my surprise it was for REAL.

 I must say that through the years I have at times found myself thinking when this would happen for the Nation of Iraq and it’s People, and for us the American People.

Then friends that I have made through the years begin to inquire if I was aware of the Blessing we have come to call the IQN. I am not now nor will I ever be a guru I just laugh at that.

I am just a guy who just has friends and I will leave it at that. You see God knew who I would need to know and He put them in my life and I’m more then grateful for that. If I mentioned them you would be surprised to….. lol

I have received calls, emails, text messages from people who have said that I’m off track, I’m a disciple of TNT Tony, OKIE and others. Been cussed out, threatened and so much more. Today I am laughing and think when I leave the Bank soon I will be the one laughing. 

So the word is that the timer is going and when the right number comes up then Bingo. I love the fact that we don’t know when but have an idea of the ending time.

I am going to do a prerecorded call tonight with all the information I think you will need in the next several days. Please I beg you follow the rules it will benefit all of us who come to exchange after you.

Remember don’t mix you currencies together in the same accounts. Call the 800′s make your appointments, which you better not be late for, and then enjoy your life…..

The rates are still great, the banks have the numbers, you should have your plans in place,

Now tomorrow is Sunday go Worship Jesus, be Thankful and let this Blessing come to you……..

*************

 [downerdan] I saw TD’s post on Dinar Guru saying that it’s going to be a LOP and we won’t see anything until 2014. That is devastating and crushing. :(

[al] With regards to this guy TD and people’s concerns, he is basing the weight of his argument on an Iraq news article which has been proven to be dubious at best. Sounding vaguely similar to news reports out of China and Kuwait before they RV their currency in the past. Not to mention that the same news agencies and the CBI have been promising the Iraq people more purchasing power and a new currency for this year. Add to that that Tony, Okie, Lochin, Spguru, Poppy3 and many others who all have a broad spectrum of sources are all saying that is going down right NOW! So who do we put our confidence in, a guy armed with a dubious news article or our trusted informants?

[Whiplash] downerdan The same type of talk has accompanied other RVs. In China, a press release came out in the morning to squelch all rumors of any imminent RV. That afternoon, RV on Chinese currency. Similar process preceded the Kuwait RV. Be happy to see TD’s pos. It means it is imminent.


Chinese Renminbi News: Yuan going global, China, Singapore agree on direct currency trade

China and Singapore have agreed to trade their currencies directly, making the Southeast Asian city – state another offshore hub for Chinese yuan.

Singapore will become one of several locations where Chinese institutional investors will be able to buy foreign securities with yuan. The limit for currency trades by financial institutions in Singapore that invest in China’s domestic securities was stipulated at 50 billion yuan ($8.2 billion), according to the Renminbi Qualified Domestic Institutional Investor program. 

“Financial ties between the two countries have deepened considerably and Singapore is well placed to promote greater use of the RMB in international trade and investment in the years to come,”  MAS Managing Director Ravi Menon said in the statement. RMB stands for renminbi, which is the official name of the Chinese currency.

Tuesday’s move follows last week decision by the UK to ease rules for Chinese banks willing to set up in London, which was coupled with Beijing’s decision to open up its markets to British-based investors. 

In another move to promote the yuan globally the country agreed on a currency swap with the EU earlier in the month. The swap facility that could total as much as 350 billion yuan and €45 billion and will last for three years marked one of the largest currency deals between China and a non-Asian trading partner.

Source: RT

 

 

Chinese Renminbi News: Yuan going global, China, Singapore agree on direct currency trade

China and Singapore have agreed to trade their currencies directly, making the Southeast Asian city – state another offshore hub for Chinese yuan.

Singapore will become one of several locations where Chinese institutional investors will be able to buy foreign securities with yuan. The limit for currency trades by financial institutions in Singapore that invest in China’s domestic securities was stipulated at 50 billion yuan ($8.2 billion), according to the Renminbi Qualified Domestic Institutional Investor program. 

“Financial ties between the two countries have deepened considerably and Singapore is well placed to promote greater use of the RMB in international trade and investment in the years to come,”  MAS Managing Director Ravi Menon said in the statement. RMB stands for renminbi, which is the official name of the Chinese currency.

Tuesday’s move follows last week decision by the UK to ease rules for Chinese banks willing to set up in London, which was coupled with Beijing’s decision to open up its markets to British-based investors. 

In another move to promote the yuan globally the country agreed on a currency swap with the EU earlier in the month. The swap facility that could total as much as 350 billion yuan and €45 billion and will last for three years marked one of the largest currency deals between China and a non-Asian trading partner.

Source: RT

 

 

Chinese Yuan News: China’s Yuan Ends Higher for a Third Straight Session

33869512-yuan.240x160The Chinese yuan ended up against the U.S. dollar Wednesday for the third straight session due to robust corporate demand on expectations of a stronger local currency.

On the over-the-counter market, the dollar closed at 6.1196 yuan at 0830 GMT, down from Tuesday’s close of 6.1217 yuan but barely above the record-low closing level of 6.1192 yuan hit on Aug. 8. It traded in a range of 6.1177 yuan to 6.1215 yuan.

The yuan strengthened despite a move by the central bank to guide the Chinese currency weaker as the dollar advanced overseas.

Ahead of the start of the trading, the People’s Bank of China set the dollar-yuan central parity rate at 6.1720, up from Tuesday’s 6.1705. The WSJ Dollar Index, which measures the U.S. currency’s strength against a basket of currency, rose to 74.008 Tuesday from Monday’s 73.608. At 0830 GMT, the index was at 74.02.

“The yuan may hug around 6.12 in the coming sessions as the 6.12 is likely a balanced level that the PBOC recognizes,” said a Shanghai-based trader with a local bank. Trade in the pair is light as investors are struggling for a direction, the trader said.

Despite the suspected dollar-buying intervention by the central bank, corporates remain inclined to hold the yuan rather than the dollar due to China’s higher interest rates, traders said.

The market is speculating that dollar-buying intervention by the PBOC has prevented the yuan from climbing above 6.12 again over the past few sessions, they added.

The yuan has risen 1.7% against the U.S. currency since the start of the year.

Offshore, one-year dollar-yuan nondeliverable forwards fell to 6.2620/6.2650 from 6.2632/6.2675 late Tuesday, implying a 2.4% fall by the yuan against the dollar over the next year.

In the offshore yuan market in Hong Kong, where the Chinese currency floats freely, the dollar was at 6.1165 yuan late Wednesday, down from 6.1196 yuan late Tuesday.

Source: Wall Street Journal

Bulldog75 “Facts about the Number 8″ at OOM&F Wed. PM

[.~Bulldog75] TOMORROW THURSDAY IS 08-08 AS I SEE MANY OF YOU ARE AWARE OF THAT. CONGRATULATIONS. LOOK VERY CLOSELY AT THESE STATISTICS AND ONE WILL PROBABLY BE AMAZED AS TO HOW RESPECTFUL THE CHINESE ARE WITH THIS NUMBER ’8′.

The Chinese number 8 is viewed as such an auspicious number that even being assigned a number with several eights is considered very lucky.

A telephone number with all digits being eights was sold for USD$270,723 in Chengdu, China.

The opening ceremony of the Summer Olympics in Beijing began on 8/8/08 at 8 seconds and 8 minutes past 8 pm local time (UTC+08).[2]

A man in Hangzhou offered to sell his license plate reading A88888 for RMB 1.12 million (roughly $164,000 USD).

[2] The Petronas Twin Towers in Malaysia each have 88 Floors.
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Read More Link on Right

The minivan that GM makes for the Chinese market is called the Buick GL8, but the minivans it sold in other countries didn’t have that name.

*The Air Canada route from Shanghai to Toronto is Flight AC88. *The KLM route from Hong Kong to Amsterdam is Flight KL888.

* The United Airlines route from Beijing to San Francisco is Flight UA888, and the route from Beijing to Newark is Flight UA88. * The Air Astana route from Beijing to Almaty is Flight KC888.

* One of Cathay Pacific’s flight numbers from Hong Kong to Vancouver and New York is CX888. * Singapore Airlines reserves flight numbers beginning with the number 8 to routes in China and Korea.

* As part of grand opening promotions, a Commerce Bank branch in New York’s Chinatown raffled off safety deposit box No. 888.

* An “auspicious” numbering system was adopted by the developers of 39 Conduit Road Hong Kong, where the top floor was “88″ – Chinese for double fortune. It is already common in Hong Kong for ~4th floors not to exist.

In the Chinese communities around the world, the number eight (8) is considered the most fortuitous of all numbers, making it much coveted for addresses, phone numbers, account numbers, license plate numbers, bank accounts, logo’s, special days, the month of August, the years and the list goes on and on.

* If you’re Chinese — every fifth person in the world — the number eight not only signifies or portends prosperity but confidence and money worth even millions, depending where you are. For centuries, this ancient culture has held the number eight (8) as the most precious number/s of all.

All printed Legal Banknotes around the world with serial number containing the numeral #8 or Solid 8′s all have a premium markup values & prices, its substantially priced above its actual market value per note in any denominational banknotes in every Country.

[.~Bulldog75] REMEMBER TOMORROW IS 08-08.

The word “eight” in Chinese (Pinyin: ba) sounds similar to the word which means “fortune”, “prosper” or “wealth” (Pinyin: fa). In regional dialects the words for (8) “eight” and “fortune” are also similar, eg Cantonese “baat” and “faat” meaning prosperity, say native Mandarin and Cantonese speakers.

[.~Bulldog75] AND NOW FOR THE COSMIC NUMBER EIGHT (8)

From the science of numbers, we learn that the number eight (8) is the vibration of prosperity, vastness, balance and progression. It represents wisdom symbolically revealed in the eight-pointed Christic (Light of Wisdom) star.

The number 8 relates to the letter “H” also the eighth letter in the alphabet, meaning of which is Life. The two pillars and the crossbeam show the balance and union of polarities, feminine-masculine, head-heart and intellect-intuition. The name of God in Hebrew, according to a number system, is an eight, correlating with the meaning of the letter ‘H’.

[.~Bulldog75] AND NOW FOR THE BIGGIE BEST INFO: ARE YOU READY?

In the cosmic plan, the earth at this time is scheduled to move into the power of the eight. Whatever is not in the harmonics of the eight is being notified. Thus we have breakdowns of systems, institutions, religions, corporations and personalities.

To assist us in moving through these changes, we have the wisdom and guidance of the Divine Spirit, the Dove of peace and promise. This is the era of the Dove, the power of the eight.

AND ONE LAST PART: WATCH VERY CLOSELY. FOR THOSE WHO ARE HERE MAY REAP ADDITIONAL HARVEST WITH BANK NOTES.

SUPER MEGA NUMBER/s BANKNOTES: WATCH AND READ CLOSELY.

This is where the Prefix alphabet Letter or Letters (B or BB) are meticulous because it resembles the number 8. For example: B888888, 88B-888888, 8BB-888888. B000008, 88B-000008, 8BB-000008.

These Super Mega #8 or Solid 8′s Banknotes are the premium banknotes to obtain and the hardest to find. Its super sought after for die hard banknotes collector’s around the world.

Second most important Prefix for #8 or Solid 8′s are alphabet Letter or Letters (H or HH) because its the 8th letter in the alphabet. For example: H888888, 88H-888888, 8HH-888888. H000008, 88H-000008, 8HH-000008.

SO WHEN YOU MIGHT CONVERT TO FOREIGN CURRENCY IN HAND ( OR MAYBE ELECTRONICALLY; WE CANNOT FORETELL THE FUTURE OF SOME CURRENCIES) AND YOU MAY HAVE CHINESE CURRENCY IN YOUR HAND AT ONE TIME OR ANOTHER,

PAY ATTENTION TO THE NUMBERS ON THE CURRENCY. YOU JUST MAY HAVE WON A LOTTO AND NOT KNOW IT BY THE NUMBERS ON THE BILL.

IN CONCLUSION ; TOMORROW IS 08-08. COINCIDENCE?

WE WAIT AND PRAY. KNOW WE ARE BLESSED AND HIGHLY FAVORED. WE PRAY AND KNOW OUR MANNA COMES FORTH SOON TO NOW FOR THE THIS PLANET TO BE A BETTER PLACE TO LIVE.

BEST WISHES TO ALL .

GONE.

BULLDOG75.

Notes from Wed.Night Frank26 and KTFA CC by Zsazsa

Frank26 » July 4th, 2013, 9:29 pm  •

KTFA Family ……… While Bulldogford is on vacation Zsazsa10 wants to help You. Please enjoy:

KTFA,Frank

CC 7-3,    Sent: Thu Jul 04, 2013 11:57 am
From: zsazsa10   To: Frank26

Frank’s CC Wed. 7-3-13

Frank opened with prayer.

There was a meeting yesterday of the Fed Res Talked yesterday about $ going up. Why? How is this possible? There is something going on with a lot of currencies. The WSJ had an article about currencies.

The Emir of Kuwait congratulated Talibani. He did not congratulate Maliki. The Prime Minister of KU congratulated Talibani, not Maliki.

On Monday I explained to you, and will never change, Iraq will not see the chains off their shackles until they revalue.
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Read More Link on Right

Iraq does not control their money yet. We still control it. They owe $42 B to SA and $11B to Kuwait.

They still do not have the ability to call the shots on their money.

Their money that is all around the world is frozen. All this money would be nice if it was in the hands of Iraq. What do you think Iraq would do with it? Their parliament says they want their money. There is $84B+ being held by many countries, US, UK, Japan, Switzerland, etc.

Iraq is out of VII into VI, but they cannot control their money. When will their money be unfrozen? The article itself has a very interesting sentence. Under the agreement that the US holds the protection of their funds regardless of Chapter VII… The article tells you that Iraq has a lot of money in International Banks. In the last paragraph says among these funds up to $84B, the Iraqi government cannot manipulate the money.

Another article says they are going to announce the salaries and launch the Qi cards. A member of our forum said they have accomplished more in the last 6 months than the last 6 years; I am convinced we are in the process of the dinar revaluation. I ask you to dream because your dream will come true with God. I now ask you to dream with your eyes open.

Frank gives I Team’s report.

They were given orders to move someone. Who was it? Barzani and Talibani. They went to Baghdad. We are not sure about Talibani. Barzani has been there about a week. Where is Shabibbi? In NY. Zabari is back from NY. There must be a reason for that. What are they doing? Barzani yesterday met with MoF.

We believe they were all together today. The I Team said (Frank on blue couch) the sun rises on the situation. Things will become clear, especially with Shabibbi still in NY. Frank says he does not know what that means.

With that in mind, let’s compare what’s being said in Iraq.

Barzani in Baghdad by mid-month. No. He’s there. What’s he doing there? If you are going to do something major, they will need to be there, don’t you think? Wait until you find out how much they have to back up their money. You will want to study Revelation with us on Tuesday.

The Governor of CBI said they have gold – piles of it – 32 tons. That’s serious money. Kurdistan region has been importing gold over the past 3 months. We would love to have that much in Ft. Knox.

The American $ is going to drop dramatically with the citizens in Iraq. That’s huge. This is what they need to do. They need to use their own dinar. The IQD is floating right now. It is in the RD process. That’s why they haven’t dropped the three 0s.

The gold they have can back up their money anywhere, any time according to Turki.

The Chinese currency is trying to be internationalized.

Frank congratulated Egypt.

Report from Delta:

On the 8th and 9th Ramadan begins. We have astronomers who study the moon phases. It’s important what we are studying now about Ramadan. Does it have anything to do with the revaluization? Absolutely not.

They are not waiting to end Ramadan to release it; they are poised for any moment. Ramadan will not affect the revalue.

It is about world economies, not just Iraq. It can happen any day.

With that said, who controls the money of Iraq right now? We do. Because we control their money, we can unfreeze it. We are in the process of unfreezing it.

Dr. Shabibbi in NY and the things going on in Baghdad right now indicates that.

WE ARE UNFREEZING THE MONEY IN ALL THE BANKS ALL OVER THE WORLD RIGHT NOW. Basel III is being implemented to resuscitate the currencies. Iraq can raise the value. We call it Chapter VII into Chapter VI, discharge papers of their frozen money. I don’t know how long it will take. These papers are now being worked on with Shabibbi in NY and whoever in Iraq. These are the things needed to enter Chapter VI. All this is on Iraqiya TV.

WF lady they hired a while back said they have prepared them for the revalue. Frank talked to her today. Two weeks ago they moved her to full time. Yesterday she was sitting there with Dist. Mgr. Lady said that she told him that she was involved with a currency investment and when it came through, she was going to quit.

DM said they were going to exchange when it happens and help people with wealth mgmt. Asked DM for overtime. DM smiled at her and said she would get all the overtime she wants in July and August.

Eagle1 was given the word that the stats were sent to the bank today. Would not be surprised that they take advantage of 7-4 holiday. That would give us 7-5 as a potential day.

We are coming up against the 10-day deadline (inaudible). Banks saying it is on administrative screens and is ready to put it on the other screens when they get the word. From a Forex perspective, we could see it Friday. Having some bank managers telling him they can smell it.

Bluestar came on. He gave his Blue Couch Equation. He will post it on the forum.

UN Sec. vote Chapter 7 June 27th
+
UN mandate to get the currency out (no 15-0 vote without a mandate and possible knowledge of approximate date)
+
reports of the GOI saying that citizens will have a good Ramadan
+
reports of smart cards being handed out
+
If country does not have an RV by July 8th, then the shackles will be put back on
+
Shabibi’s work on unfreezing assets

Frank closed with prayer. Shofar lifted prayers.

Chinese Yuan News: China vows to liberalise interest rates, push yuan reforms

shutterstock_108391403 (2) purchasedChina will continue to liberalise interest rates, make the yuan currency more responsive to market forces and more convertible this year, the government said on Friday.

China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according to guidelines on reforms for 2013 drafted by the National and Development and Reform Commission (NDRC).

“We will steadily push forward market-oriented reforms of interest rates and gradually widened the floating range for both deposit and lending rates,” said the guidelines, which were published on the central government website: www.gov.cn.

The guidelines have been approved by the cabinet.

China will steadily push forward the process of making the yuan convertible on the capital account, it said without giving a timetable.

China has been giving more leeway for commercial banks to set interest rates and make the yuan more flexible, in a broader push for reforms to strengthen its economy. The world’s second-largest economy also has ambitions for its currency to play a bigger role in international trade.

Banks can set deposit rates as high as 110 percent of the benchmark rate and charge rates on loans for as little as 70 percent of official policy rates.

The yuan is currently allowed to rise or fall by 1 percent in either direction from an official midpoint rate set by the central bank, which last widened the trading band in April 2012.

The government also pledged to work on plans to allow qualified Chinese individuals to invest overseas and allow qualified oversees institutions to issue yuan-denominated bonds.

Source: Reuters

Chinese Yuan News: China vows to liberalise interest rates, push yuan reforms

shutterstock_108391403 (2) purchasedChina will continue to liberalise interest rates, make the yuan currency more responsive to market forces and more convertible this year, the government said on Friday.

China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according to guidelines on reforms for 2013 drafted by the National and Development and Reform Commission (NDRC).

“We will steadily push forward market-oriented reforms of interest rates and gradually widened the floating range for both deposit and lending rates,” said the guidelines, which were published on the central government website: www.gov.cn.

The guidelines have been approved by the cabinet.

China will steadily push forward the process of making the yuan convertible on the capital account, it said without giving a timetable.

China has been giving more leeway for commercial banks to set interest rates and make the yuan more flexible, in a broader push for reforms to strengthen its economy. The world’s second-largest economy also has ambitions for its currency to play a bigger role in international trade.

Banks can set deposit rates as high as 110 percent of the benchmark rate and charge rates on loans for as little as 70 percent of official policy rates.

The yuan is currently allowed to rise or fall by 1 percent in either direction from an official midpoint rate set by the central bank, which last widened the trading band in April 2012.

The government also pledged to work on plans to allow qualified Chinese individuals to invest overseas and allow qualified oversees institutions to issue yuan-denominated bonds.

Source: Reuters