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View Full Version : Med chat 3/12/10 12am pst



Foxyrodeo
03-12-2010, 02:25 AM
Med: AT AROUND 6AM CHECK THE FOREX'S
Med: THAT WOULD BE THE BEST BET
Med: BUT I THINK THAT THE ELECTIONS OR LACK OF RESULTS IS A MAJOR
HOLDUP
Med: OR AS TBI SAID NOONE WANTS TO BREAK AN EGG TO MAKE AN OMELET
Med: NOW THEY HAVE SET THE PATH THAT THE IQD IS GOING TO GO
Med: BUT WHAT IS THE DATE IT STARTS IS THE MYSTERY
Med: THE IMF IS NOW IN CHARGE
Med: IF YOU READ THE LETTER OF INTENT
Med: THEY EXPLAIN I BELIEVE IN THE 3 PARA OR SO THE ECONOMIC POLICY
THAT THEY HAVE GIVEN TO THE GOI.
Med: THAT THEY WILL FOLLOW THE NEXT 24 MONTHS
Med: THE MONETARY POLICY WILL ALSO BE PUT INTO PLACE.
Med: THE AUCTIONS WILL BE MODIFIED OR ONLY PERIODICAL
Med: THEY WILL SELL DEBT FORWARD IN THE FORM OF TBILLS AND CBI BILLS
Med: THEY WANT THE IQD USED IN A DIFFERENT WAY INSTEAD OF HARD
CURRENCY SALES
Med: THEY WANT TO BE ON FOREX, INTERBANK TRADE GLOBALLY WITH OTHER
BANKS AND USE IT FOR CURRENCY FUTURES
Med: NOW THE ONLY WAY YOU CAN DO ANY OF THOSE 3 IS WITH AN
INTERNATIONAL CURRENCY
Med: I HAVE PICKED THE BRAINS OF INVESTMENT BANKERS THE LAST TWO
DAYS AND MY FRIEND LAN ON CAN THEY DO THIS ANYOTHER WAY BUT WITH AN
RV.
Med: THEY ALL SAY NO
Med: THE IMF IS NOT GOING TO WAIT FOREVER TO INITIATE THESE THINGS.
Med: OK THAT IS ALL I HAVE