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Thursday, May 28, 2015

Backdoc Late Wed. Night Post - GLOBAL DE-DOLLARIZATION

(Thank you Backdoc for sending this to Recaps.)

GLOBAL DE-DOLLARIZATION

10,9,8,7,6,5,4,3,2,1, LIFT OFF!

IF YOUR STILL A KID AT HEART LIKE ME, YOU REMEMBER THE APOLLO AND SPACE SHUTTLE MISSIONS. THE EXCITEMENT OF GOING WHERE NO MAN HAS GONE BEFORE WAS ABSOLUTELY CAPTIVATING FOR A YOUNG BOY INTERESTED IN SCIENCE. IT’S NO WONDER I BECAME A STAR TREK FAN!

RIGHT NOW WE SEE ONE IF NOT MORE COUNTRIES ON A LAUNCH PAD CHECKING AND RE-CHECKING TO SEE IF ALL SYSTEMS ARE A GO!

THEY HAVE BEEN ON A LONG JOURNEY OF POLITICAL DICTATORSHIP, CORRUPTION, FINANCIAL THEFT, POOR LEADERSHIP, OPPRESSION, TERRORISM, ECT..  IN SPITE OF ALL THESE CHALLENGES WE SEE A MASTER PLAN SLOWLY WORKING ITS WAY TO AN ULTIMATE CONCLUSION.
WELL, IF WE IGNORE THE POLITICAL DRAMA AND FOCUS ON THE MONEY SIDE OF THE EQUATION WE CLEARLY SEE THE PLAN IRAQ USED TO BRING THE CURRENCY BACK TO ITS FORMER GLORY!

AFTER THE IRAQ WAR, NEW CURRENCY WAS PRINTED AND RELEASED. FROM THAT POINT OF RELEASE TO NOW, A JOURNEY OF DECREASING THE MONEY SUPPLY, OR REDUCING THE NOTE COUNT AS I LIKE TO SAY, OCCURRED.

THIS WAS DONE IN IRAQ BY DOING CURRENCY AUCTIONS. THOSE AUCTIONS STILL EXIST IN SOME FASHION BUT THEY ARE HIDING THEM CAREFULLY AS TOPSHELF HAS MENTIONED. THEY SIMPLY SOLD DOLLARS AND TOOK DINAR IN PAYMENT FOR IT.

THE VALUE HAS SKYROCKETED BY REDUCING THIS NOTE COUNT. THEY ALSO ADDED VALUE BY STICKING TO AN OPEN GOLD PURCHASING POLICY.

IN ADDITION THEY CAN ADD VALUE BY INCREASING BLACK GOLD PRODUCTION WHICH THEY ARE ON A PATH TO DO.

THEY CAN ALSO INCREASE VALUE BY VALIDATING PROVEN MINERAL WEALTH IN THE GROUND AS WELL AS SIMPLY ADDING CASH TO THEIR RESERVES. ALL OF THESE ARE OCCURRING.

NOW IF I MAY, A FEW COMMENTS ON OUR ASIAN POWERHOUSE ECONOMY IN THE EMPIRE. THAT’S RIGHT, VIETNAM!
WITH OVER 6% GROWTH THIS YEAR IT’S ON A TEAR. THERE IS A LOT WE DON’T KNOW ABOUT THEIR ACTIONS AND PLANS BUT THERE IS A LOT WE DO KNOW.

WE KNOW THEY ARE ON AN AGGRESSIVE EQUITISATION  PLAN TO REDUCE STATE OWN BUSINESSES TO PUBLIC OWNED COMPANIES. THIS MASSIVE SHIFT TOWARDS DEMOCRACY IS INCREDIBLE AS I SEE IT! THE PLAN IS SUPPOSE TO REACH COMPLETION BY 2020!

VIETNAM HAS CAREFULLY RESTRUCTURED THEIR DEBT IF YOU WILL IN DOLLAR DENOMINATED INSTRUMENTS. THEY CURRENTLY HAVE 80% OF IT DENOMINATED IN DOLLARS. VERY CLEVER.

I BELIEVE ONCE THEIR VND CURRENCY IS GIVEN A REALISTIC VALUE THE DOLLAR MIGHT HAVE SOME TYPE OF LIQUIDITY PROBLEM. IT MIGHT NOT BE NOTICED AS MUCH THOUGH SINCE 80% OF BUY AND SELL CONTRACTS ARE PROMISED NOW TO BE IN DOLLARS NOT DONG! THIS SHOULD BE A WIN WIN FOR THE VND ONCE THE NOTE COUNT IS WHERE THEY WANT IT!

REALIZE IRAQ WILL BE SELLING ALL THEIR OIL IN DOLLARS AS WELL, SO THIS WILL CONTINUE TO KEEP THE DOLLAR CURRENCY VELOCITY ON A TEAR!!
THIS HARDLY FITS THE MODE OF A DOLLAR CRASH BUT QUITE THE OPPOSITE!! ON THE OTHER HAND I COULD SEE A STRONG REPRICING OF MARKETS DUE TO THE SRTONG NOT WEAK DOLLAR!!

WHY DO YOU THINK ALL THESE CONTRACTS ARE SO SECRETIVE? I BELIEVE TO MAINTAIN CURRENCY VELOCITY OF THE DOLLAR WHILE SUPPORTING ALL EMPIRE COUNTRIES AND THEIR RESPECTIVE CURRENCY VALUES!

DOC


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