PHOENIX CHAT - Gold Rush

Phoenix3333: Ok...here is the situation. I think we are seeing an oddity and maybe the hint of what is about to happen. Yes it is just one bank site and some suggest that is just the profit margin for WF. Yes they do have a higher sales price BUT if that were the true case then all of the currencies on the WF converter would show the same percentage gain and they do not. We see on the Wells Fargo converter a sharp uptick in all the Middle Eastern currencies and no other currencies at WF. So is it just a glitch? A glitch only effecting the GCC nations and other Middle East nations? Know this.....tomorrow is New Years day and every bank in the world will be closed and it begins a long weekend. Also heads up.....the Forex closes today at 12 noon EST for a long weekend. No changes in the other exotics SG. And by the way....any currency other than the majors are all called exotics. Is this the weekend they reset everything? Maybe so, maybe not. But I say the chance is very very high.

GBRS: WF is showing rate changes but other sites are not WHY is that

Phoenix3333: no clue GBRS, and only on the GCC and middle east nations, so it is not because of the WF spread. If WF has a larger % spread ion their currencies it would show on all not just the GCC. The Forex has now been closed for over an hour. So here we are....markets are closed....and we have new years day tomorrow which is the only day that every bank in the whole world is closed, AND we have a long weekend. Its go time! Be sure to check Lakehouse's blog today. She has bumped up stuff from all year that is to take effect tomorrow. It is amazing... http://articlesofinterest-kelley.blogspot.com/