More News, Rumors and Opinions Friday Afternoon 2-25-2022
Friday Thoughts from Holly:
You may say I'm a dreamer, but I'm not the only one. I hope someday you'll join us. And the world will live as one.~John Lennon
We are all dreamers who are on this rv journey. We want to make the world a better place and found a path to do that. Though it has been a long, arduous journey we continue onward.
Another week is coming to an end. There were many things that did happen this week to bring this ever closer. All good news.
It won’t be till next week when things should break so take the weekend off. I will be doing the same. If anything happens over the weekend I’ll let you know.
For now, the events that happened this week will trigger other events to bring this closer. It’s trickling down. Keep the faith, stay positive and never, ever give up.
This is a transition not a transaction.-Holly
Courtesy of Dinar Guru
Pimpy The only thing that matters is that Iraq out of Chapter VII. Period. Restrictions are lifted. They're looking forward to joining the rest of the international community and working together and strengthening their economy. A strong economy means what? A strong dinar. A strong dinar means what? A valuable dinar. A valuable dinar means what? A better exchange rate...
Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's all over our news...we are officially released from Chapter VII they say through the Security Council...Foreign Minister Hassani is also on our television promoting that was are officially out of chapter VII, all the door of Iraq internationally are now open. FRANK: That's pretty cool! So will the Iraqi dinar when it floats and as soon as they raise the value you better know when to hold them - know when to fold them.
*************
KTFA:
Sqmson: Vietnam likely to be upgraded to an emerging market after KRX system installed
22nd February, 2022
Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market.
Speaking at the Financial Street Talkshow last week, Dương Ngọc Tuấn, Deputy General Director of the Việt Nam Securities Depository (VSD), said that solutions for the new information technology system, T+0 day trading mechanism and other solutions to help upgrade the market will be implemented this year. In addition, new products, especially products for the domestic derivatives market, are allowed to develop.
Tuấn also revealed the plan to submit to the Government the market development strategy project for 2021-2030, which sets out roadmaps for development in all aspects, helping market activities become more active and sustainable.
The KRX trading system, provided by South Korea’s bourse operator, the Korea Exchange (KRX), can handle 3-5 million orders per day, aiming to tackle system overloads which had troubled investors last year. It is expected to be completed and run in the first half of 2022 after a pause last year due to the COVID-19 pandemic.
Lê Chí Phúc, General Director of SGI Investment Fund Management JSC (SGI Capital), said that it is necessary to introduce the new KRX trading system soon, so all participants in the market can proactively make their own plans in product development, as well as attracting new customers. “When the KRX system is officially put into operation, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market,” Phúc said.
Similarly, in its base scenario, VNDirect Securities Corporation said that if Việt Nam completes the implementation of the new trading system in the first half of 2022, the country’s market could be included on the MSCI (Morgan Stanley Capital International)’s watch list for upgrading to an emerging market in its annual market assessment in May 2023. Việt Nam may then be notified of its upgrade to emerging market during the MSCI annual market review in May 2024.
Meanwhile, in the optimistic scenario, VNDirect said that the FTSE (Financial Times Stock Exchange) may announce the inclusion of the Vietnamese stock market in the secondary emerging market group during its annual market review in September 2022.
Although it has not been officially recognised as an emerging market, the domestic market has achieved many criteria such as liquidity surpassing that of many other emerging markets in 2021, ranking only second in ASEAN after Thailand. Many large funds in the world specialising in investing in emerging markets have also begun to show up in Việt Nam, the leader of SGI Capital added.
According to Phúc, if other solutions are followed such as continuing to maintain and further improve asset quality, the prestige of the Vietnamese market will increase. On the other hand, up to now, the criteria for organisations to evaluate updating Việt Nam into the emerging market category have reduced a lot. The remaining issues are only technical and will be solved, Tuấn said.
On the foreign capital flows front, both Tuấn and Phúc agreed that the cash flow into the market recorded the strongest growth in more than two decades. Of which the majority was cash flow from domestic investors and lacked cash flow from foreign investors.
Although domestic investors in the past two years have played a leading role in the market, experts say that foreign capital flows cannot be ignored, because this is an essential factor for any stock market. “Foreign capital inflows will bring great and potential financial resources,” Tuấn said. “The participation of major international investors will play a significant role in leading the investment trend, bringing a lot of experience and international practices to make the market more active and healthy.
Meanwhile, Phúc said Việt Nam needs both domestic and foreign capital flows to develop the market, as well as develop businesses. New technologies, the experience of foreign investors and international standards they bring into the market will help the country connect with the world in a more comprehensive way. LINK
PUTIN/RUSSIA LEADING TO GLOBAL CURRENCY COLLAPSE | Hyperinflation is NEXT!! (Gregory Mannarino)
I love Prosperity: Feb 25, 2022
Greg says that an unintended consequence of the Russia/Putin War with Ukraine is that it gives the federal reserve the excuse to not taper, raise rates, or back off.
The Federal Reserve will continue to buy it all and use this crisis as the diversion necessary for them to back off their talks about raising rates. The stock market crash is overblown, according to Greg, and he expects a massive next leg up in the stock market, gold, silver, commodities, and more.
Greg breaks down what to do to prepare yourself, how you can prosper financially, and how he is navigating these markets.
Greg says the stock market crash is overblown, because the stock market is a derived from the debt market, and right now the debt market is looking good still. Greg explains crypto, gold, silver, and what to do.