I posted an article about that earlier. The bias was it was a sign of the economy about to crash.
So, then I checked out what's happening in RV land, and it appears it might be a sign of the RV getting ready to happen. We sure live in a world of duality, don't we?
From dinarguru.com:
8-20-2013 Intel Guru Okie_Oil_Man GOOD TUESDAY AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. WELL HERE WE GO--ANOTHER TUESDAY WITH NO RESULTS. BUT--THERE ARE AND HAVE BEEN VERY CRUCIAL MEETINGS YESTERDAY IN WASH D.C.-- THE FINANCIAL PLANNERS, CRITICS AND ADVISERS MEETING ENCOMPASSED BENEFICIAL ASPECTS TO OUR FINANCIAL SYSTEM THAT WILL SHOW IN THE FUTURE, TO HAVE A GREAT DEAL OF INFLUENCE ON HOW WE DO OUR BANKING, INVESTING AND FINANCIAL BUSINESS.
8-20-2013 Intel Guru Okie_Oil_Man ALSO MEETINGS REGARDING THE DINAR WERE AT SEVERAL LEVELS IN VARIOUS WORLD LOCATIONS YESTERDAY THAT AGREEMENT'S WERE REACHED AND SHOULD REFLECT ON THE IMMINENCE OF THE R/V. THE RATES PROJECTED WAS AND WILL BE MORE THAN ACCEPTABLE AND NEARLY UNBELIEVABLE TO US. WE AWAIT SIMPLY THE BANKS RELEASING THE PROGRAM. -- BLESSINGS
ALSO READ OTHER GURU'S OPINIONS. They do not all agree the RV is about to happen, as their are laws that need to be implemented.
8-20-2013 Intel/Newshound Guru Poppy3 TWO CALLS TODAY VERY INTERESTING AND VERY ENCOURAGING. FROM WASHINGTON STATED THEY ARE HEARING THAT DURING THE PARLIAMENT MEETING TODAY IN BAGDAD NAJAFI CHARGED THE ECONOMIC, FINANCE, AND LEGAL TEAM TO REVIEW ALL BANKING LAWS FOR AND HAVE THEM READY FOR A VOTE FOR APPROVAL DURING THE NEXT MEETING ON THURSDAY. [post 1 of 2....stay tuned]
8-20-2013 Newshound Guru Doc However, some of these like oil and gas are reported will most likely spill into the next session. These are critical for the proper infrastructure to support a strong currency long term. Based on these articles we are clearly not in a hour-to-hour state. Is Iraq moving forward - absolutely! Do we wish it would speed up - most absolutely! The unfortunate reality is we are easily looking at 4th quarter before several of these laws will be addressed. [post 2 of 3....stay tuned]
