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Monday, June 1, 2015

Backdoc Late Sunday Night Post - "THE SHOT HEARD ROUND THE WORLD"

(Thank you Backdoc for sending this to Dinar Recaps.)

"THE SHOT HEARD ROUND THE WORLD"

LATE SUNDAY EVENING MY EYES AND EARS TURN TO THE GREECE SAGA. THERE AS OF YET, IS NO DEAL ONLY POSITIVE DISCUSSIONS AS THEY SAY.

SO HERE IS MY TAKE CURRENTLY ON THE SITUATION.

"GREECE PINS HOPES ON MERKLE AS RESCUE TALKS YIELD SCANT PROGRESS” AS BLOOMBERG SAYS!

MY THOUGHTS IMMEDIATELY GO BACK TO MY CONVERSATION WITH PIF/TOPSHELF SAT. NIGHT WHEN HE REMINDED US THAT PART OF WHAT GIVES CURRENCY ITS VALUE IS “CONFIDENCE”.

WELL, WHAT HAPPENS WHEN THAT CONFIDENCE BEGINS TO ERODE? THAT’S RIGHT, SOMEONE GETS SCARED, BLINKS, AND JUMPS SHIP, NOT WANTING TO STAY ON A BURNING SHIP!
THE QUESTION TO ME IS: AT WHAT POINT IN TIME OR SITUATION, WILL IT TAKE FOR THAT UNIQUE MOMENT THAT TRIGGERS SOMEONES' ACTION THAT STARTS THE DOMINO EFFECT?

WELL, CERTAINLY JUNE 5TH IS A POSSIBLE TRIGGER POINT SINCE GREECE SAYS IT WILL NOT BE ABLE TO MAKE THAT PAYMENT TO THE IMF WITHOUT A SO CALLED DEAL!  

LEADING UP TO THAT POINT REMINDS ME OF A POKER GAME TO SEE WHO'S GOING TO CONTINUE TO RAISE THE ANTE.

THE QUESTION IS WHO WILL BLINK FIRST? IF NO ONE BLINKS EARLY, BY DEFAULT THERE WILL BE A “BANKING ACCIDENT” AS ONE ARTICLE COINED THE TALKING POINT! MMMM

EVEN IF THERE IS AN EARLY MOVE, THE TALKING POINT SEEMS TO BE PREPARING THE WAY FOR A RESPONSE. THIS BRINGS US TO PIF/TOPSHELFS’ POINT EXACTLY, “CONFIDENCE”.

CONFIDENCE IN THE EURO AS A WHOLE IS ALREADY UNDER PRESSURE GOING INTO THIS DEAL DILEMMA, SO WHY WOULD GERMANY WANT TO CONTINUE TO BAIL OUT THE WEAKER PLAYERS LIKE GREECE WHEN THEY ARE ENCOURAGED TO BE IRRESPONSIBLE ON ONE HAND AND ON THE OTHER HAND WHY WOULD GREECE WANT TO BE A SLAVE TO THEIR DEBT?

IT SEEMS IT’S IN NOBODY’S INTEREST TO REALLY MAKE A DEAL.

THE QE PROCESS HAS BEEN USED AS PIF SAID TO RESTRUCTURE TOXIC DEBT AND SPREAD THE DEBT AROUND SOMEWHAT MORE EVENLY IN CASE A DEFAULT DID OCCUR.

REALIZE, IT MIGHT BE IN MOST IF NOT ALL COUNTRIES INTEREST BY NEGLECT TO ALLOW THIS ACCIDENT TO OCCUR, EVEN THOUGH THERE WILL BE FINANCIAL CARNAGE.

WHY? BECAUSE AN ENORMOUS AMOUNT OF DEBT WILL BE GONE! THUS A NEW DAY WILL ARISE IN THE BANKING WORLD, IE. "GLOBAL CURRENCY RESET"!

NOW, BACK TO THE CONCEPT OF TRUST!

THE US DOLLAR LIKE IT OR NOT IS THE CURRENCY EVERYONE TURNS TO IN TIME OF FEAR OR TURMOIL! THAT IS TRUST!
WITH THE BIGGEST BOND MARKET, HIGHEST CURRENCY VELOCITY, AND NOW RECENTLY SOLIDIFIED CONTRACTS WITH TPP, IRAQ, ECT. THE DOLLARS' CONFIDENCE WILL BE STRONGER THAN EVER!

IF THE GREXIT OCCURS AND THE EURO UNWINDS THERE WILL BE FINANCIAL INSTITUTIONS THAT WILL GO BUST IN EUROPE!  

I ASK YOU, WITH CHINA IN CONTRACTION DUE TO THE NEW TPP CONTRACTS, WHAT CURRENCY WILL BENEFIT MOST FROM THIS POSSIBLE ACCIDENT? RIGHT! THE DOLLAR!

NOW WHAT WILL HAPPEN TO THE VALUE SIDE OF THINGS? WELL, THE DOLLAR WILL CREATE THE NEW STANDARD OF VALUE! ALL COMMODITIES AND CURRENCIES WILL BE RE-PRICED AND WILL FIND ITS FAIR VALUE COMPARED TO EACH OTHER ALL OVER AGAIN AROUND THE WORLD, INCLUDING SOME CURRENCIES WE ARE ALL WAITING FOR! IMO

ONCE THE EURO DEBT IS GONE, A NEW LANDSCAPE WILL EMERGE! COUNTRIES WILL ACTUALLY HAVE TO COMPETE RATHER THAN LOOKING FOR BAILOUTS OR ASSISTANCE. COUNTRIES WILL LEARN TO EXPLOIT THEIR ADVANTAGES!

THIS PROCESS IS MUCH FARTHER ALONG THAN FOLKS THINK, IMO!

WITH STOCK MARKETS NEAR ALL TIME HIGHS IN CHINA, THE U.S., GERMANY, ECT., METALS ARE STABLE, COMMODITIES ARE MAKING SOME CHANGES BUT STABLE, WE ARE NOW PRIME FOR RE-PRICING IMO.

I FOR ONE WILL WELCOME THE NEW VALUE!

WHAT WILL IT TAKE TO START THIS FINANCIAL CASCADE?

ON THE MORNING OF THE 19TH OF APRIL 1775, THE BATTLE OF LEXINGTON GREEN BEGAN AND STARTED THE REVOLUTIONARY WAR. LATER, THIS EVENT BECAME KNOWN AS THE, "SHOT THAT WAS HEARD ROUND THE WORLD".

WHOS' LACK OF CONFIDENCE WILL IT BE, THAT LEADS US TO:

"THE ACCIDENT FELT ROUND THE WORLD”?

8@8,DOC

IMO

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