PHOENIX CHAT - Gold Rush

[22:07] Phoenix3333: on the first there is a very good chance
[22:07] Phoenix3333: maybe tomorrow..
[22:07] Phoenix3333: or any day this week
[22:07] Phoenix3333: we are in the economic dead time of the year
[22:07] Phoenix3333: the time between Christmas and New Years Day
[22:08] lakehouse: new years day = bank closed fri. sat. sunday .. works for me
[22:09] Phoenix3333: the IMF does all revaluations of the SDRs on January 1st
[22:10] Phoenix3333: they have done this like clock work every 5 years
[22:10] Phoenix3333: but now they are about to change to every year
[22:10] Phoenix3333: with forced adjustments as needed every 3 months
[22:11] Phoenix3333: as per the actual documentation on the new changes as found by Lake
[22:13] Phoenix3333: but we may see it near the target rate for the GCC
[22:13] Phoenix3333: the GCC target was $2.66
[22:13] lakehouse: yep
[22:13] Phoenix3333: so who knows?
22:13] Phoenix3333: there is talk
[22:13] Phoenix3333: and this talk is saying a plan that has been afoot for years
[22:14] bulldog23: 2.66 and i would have a heart attack
[22:14] Phoenix3333: will come to completion on new years eve
[22:14] Phoenix3333: this plan will cause the return to the US of 6.2 Trillion dollars
[22:14] Phoenix3333: now
[22:14] Phoenix3333: I have heard that the US has 3 trillion dinar
22:15] Phoenix3333: and IF the RV was for $2+ that would make the 6.2 trillion appear
[22:15] Phoenix3333: this money will also be used to build a high speed bullet train in the US
[22:16] Phoenix3333: linking the east the west the north and the south
[22:21] Phoenix3333: that would be great
[22:21] Phoenix3333: i am ready for the bank
[22:22] Phoenix3333: hang in there
[22:22] Phoenix3333: we are at the end
[22:22] Phoenix3333: debt free is the way to go
[22:23] Phoenix3333: this will be like a flash in the pan for this economy
[22:23] Phoenix3333: even with all of the new millionaires
[22:24] Phoenix3333: I think it will be a flash and gone
[22:24] Phoenix3333: this economic sponge is so dry
[22:24] Phoenix3333: that the RV will hit it like a splash and be sucked right up and out of sight in short time
[22:24] Phoenix3333: soooooooooooo
[22:24] Phoenix3333: we must do the right things
[22:25] Phoenix3333: place our money well
[22:26] Phoenix3333: gold
[22:26] Phoenix3333: silver
[22:26] Phoenix3333: land
[22:29] lakehouse: i do think we will see something on the 1st. Obama is supposed to sign the patriot act again since certain paragraphs expire december 31st
[22:29] lakehouse: so security is in place
[22:30] Phoenix3333: yes Obama is signing the other provisions to the Patriot act
[22:30] Phoenix3333: we have fenCEN in place
[22:30] lakehouse: yep and he will probably sign the healthcare bill ... right?
[22:30] Phoenix3333: and Interpol is now in power here
[22:30] Phoenix3333: yes and the Health Care bill
[22:30] lakehouse: banks are set
[22:30] lakehouse: they have additional capital
[22:30] Phoenix3333: we are set
[22:31] Phoenix3333: lets light this candle
[22:31] lakehouse: basel compliant ... most of them
[22:31] Phoenix3333: yes
[22:31] Phoenix3333: and the plan is set to go active on new years eve
[22:32] lakehouse: next scenerio ... january 15th but let's not even go there yet
[22:33] lakehouse: i think so but can't say for sure
[22:33] Phoenix3333: yes the 1st
[22:34] lakehouse: they had to do something with that money... maybe they used it when they did currency swaps
[22:35] lakehouse: but, that doesn't make sense because the currency swaps are going to benefit all countries when the currencies revalue
[22:35] lakehouse: thinking outloud
[22:38] Phoenix3333: I will do as advised
[22:38] Phoenix3333: I will see what the state planner has to say
[22:38] Phoenix3333: and do as he says
[22:46] Phoenix3333: well we have a major distraction coming on new years eve for the rv
[23:11] Phoenix3333: be ready you world is about to change
[23:12] Phoenix3333: ok....have to get the radio show lined up
[23:12] Phoenix3333: see everyone tomorrow
[23:12] Phoenix3333: maybe we will see the rate change
[23:12] Phoenix3333: late tonight
[23:12] Phoenix3333: is so i will be back and also send out the e-mail
[23:13] Phoenix3333: later...