DIddyKong with some info on global resets of currencies....

6-15-13 DiddyKong: I wanted to get you guy's opinions on something I have been researching and think that it is a possible trigger and predictor to the global reset of currencies we have been looking for.

First, looking at just a few currencies that have RI/RD/RV:

BGN http://en.wikipedia.org/wiki/Bulgarian_lev

MXN http://en.wikipedia.org/wiki/Mexican_peso



NGN http://en.wikipedia.org/wiki/Nigerian_naira

PEN http://en.wikipedia.org/wiki/Peruvian_nuevo_sol

PLN http://en.wikipedia.org/wiki/Polish_z%C5%82oty

RON http://en.wikipedia.org/wiki/Romanian_Leu

They seem to make changes to their currencies on or around the 1st of January or the 1st of July. Also, there appears to have been a point of inflation/volatility before these currencies went about changing.



Now, I have found this article interesting which says,

http://blogs.wsj.com/moneybeat/2013/06/14/forex-markets-learning-to-live-without-fed-stimulus/

"Some fund managers are throwing in the towel after two weeks of extreme volatility that blew up previously successful bets on the yen, Australian dollar and other currencies."

Then goes on to say,

"The volatility comes as investors try to recalibrate their strategies to a world where central bank stimulus, which has buoyed economies and driven asset prices for years, is no longer a given."

Someone asked me a while ago how would a global reset of currencies occur when in Forex, longs would gain the advantage vs. the shorts?

My theory is that all the central banks are working together with this volatility in mind to discourage long hold investors into shorts, for what a belive a preparation for a date on or around July 1, which maybe our global currency reset.

The last "freaky coincidence" piece I have is that the dates related to the before mentioned currencies changes occurred Fri-Mon. July 1 just so happens to land on a Monday.

Hope you guy's found this enjoyable!

For more fuel to the fire:

Bloomberg video:
http://cdn.videos.bloomberg.com/d1eG5oNTqIXmUMCMHdTqvKXd89YuBe2i/DOcJ-FxaFrRg4gtDEwOmw3OjBrO9xAJa

Currency Newshound article:
http://thecurrencynewshound.com/2013/06/12/flashback-82012-finance-committee-member-says-cbi-decided-to-launch-new-currency-in-july-2013-instead-of-january-2013/

Hmm ... interesting will have to dig a little deeper on this when I get a chance.