Don't WAIT!

Monday, July 6, 2015

Backdoc Monday Evening Post - RIDE THE PAINTED PONY

"WHAT GOES UP MUST COME DOWN, SPINNIN’ WHEEL GOT TO GO ROUND. TALKIN’ ‘BOUT YOUR TROUBLES IT’S A CRYIN’ SIN, RIDE A PAINTED PONY LET THE SPINNIN’ WHEEL SPIN.”

OVER THE WEEKEND THE WORLDS SECOND LARGEST STOCK MARKET, THE CHINESE SHANGHI IS TAKING UNPRECEDENTED MEASURES TO CURB THE SELLING ROUT THAT HAS DROPPED THE INDEX 30% IN JUST 3 WEEKS!

THE SPEED OF THIS DROP IS THE FASTEST SEEN SINCE 1992!

CHINAS STATE BACKED MARGIN FINANCE COMPANY WILL HAVE A DIRECT LINE INTO THE LIQUIDITY OF THE CENTRAL BANK. ALSO CHINAS’ TOP BROKERAGES HAVE PLEDGED TO BUY 19.3 BILLION IN SHARES TO HELP PLUG THE DAM ON THE SELLING! IT REMAINS TO BE SEEN HOW THAT WILL GO.
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(SPECIAL THANKS TO THUNDERHAWK FOR THE PICS)

AS THE CHINESE GOVT. INJECTS LIQUIDITY TO PROP UP ITS MARKETS EVENTUALLY A NEW "GLOBAL REALITY VALUE" WILL BE ACHIEVED. WILL THIS NEW "GLOBAL REALITY VALUE” BE THE NEW ASSET BACKED VALUE TO ITS CURRENCY, THAT WILL FIND ITS WAY TO GREECE AND THEN ON TO THE REST OF THE WORLD? MMMMM

THE GOVT. HAS HALTED ANY NEW IPO “INITIAL PUBLIC OFFERINGS” TO STOP DILUTION OF FUNDS AVAILABLE FOR STOCKS. REMEMBER SOME TIME BACK I MENTIONED THAT THE COMING TRADE DEALS HAVE A DIRECT IMPACT ON A COUNTRIES' CURRENCY.
CHINA IS CHANGING THE CURRENCY VALUE LANDSCAPE AS THE WORLD CHANGES FROM A FIAT BASED SYSTEM TO AN ASSET BACKED SYSTEM.

NEW TRADE DEALS THAT ARE SO SECRETIVE WILL CHANGE THE GLOBAL FINANCIAL LANDSCAPE.

CHINA’S COMPANIES WILL LIKELY BE THE FIRST TO ADJUST TO THIS NEW LANDSCAPE IN PART SINCE THEY ARE A HEAVILY BASED EXPORT ECONOMY.

AS CHINA SEEKS TO FIND ITS NEW "GLOBAL REALITY VALUE", THEIR CURRENCY WILL EVENTUALLY REFLECT JUST THAT!

WILL WE HAVE FURTHER TO GO? MMMM TIME WILL TELL. IT’S HIGHLY POSSIBLE IF BLACK GOLD COMES IN TO PLAY!
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WHAT I SEE IS AN EAST TO WEST MOVE. GREECE IS SHOWING THE WORLD HOW TO DEFAULT PEACEFULLY IN THE OLD FIAT BASED CURRENCY FORMAT AS PIF SAYS. A TRANSITION FROM A TOTAL FIAT SYSTEM TO AN ASSET BACKED SYSTEM WILL BRING MORE ACCOUNTABILITY TO THE SYSTEM.
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I AGREE, AS WE SEE GREECE’S BANKS PREPARING TO STAY CLOSED UNTIL A DEAL WITH THEIR CREDITORS CAN BE REACHED! MMMM

ALTHOUGH THE BRICS BANK IS LAUNCHED ON THE 7TH, A FULLY FUNCTIONAL BRICS BANK WILL BE UNAVAILABLE UNTIL LATE 2015.
IT APPEARS GREECE WILL NEED TO RETURN TO ITS OWN CURRENCY AGAIN AS WELL AS OTHER FUNCTIONAL CURRENCIES. FINANCIAL AID SEEMS TO BE A DISCUSSION AS GREECE LOOKS TO RESTRUCTURE. RUSSIA WANTS TO WIGGLE IN ALONG WITH CHINA!

I LOVE TO RIDE HORSES OUT WEST! SLAP! GET BACK TO WORK DOC! OH SORRY! OK

CAN I TALK ABOUT BLACK GOLD? GREAT! AS WE WAIT FOR OFFICIAL WORD ON THE IRANIAN NUKE DEAL, WE THINK ITS LIKELY IN THE BAG. REMEMBER, IRAN HAS BILLIONS OF BARRELS OF BLACK GOLD STORED AND READY FOR RELEASE.
ANY SIGNIFICANT AMOUNT OF THIS SUPPLY RELEASED WILL DESTABILIZE THE OIL MARKETS WORLDWIDE.

WITH IRAQ RAMPING UP AND THE US NOT CUTTING SIGNIFICANTLY WE WILL HAVE AN OOPS TO MUCH SUPPLY ABOUT TO HIT LIKE A BOMB!

CAN IT BE CONTROLLED? WHO WILL CUT BACK? WILL THIS CHANGE THE LANDSCAPE FOR OIL PRODUCTION?
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WILL BLACK GOLD DE-STABILIZE WORLD MARKETS? MMMM AS THE WORLD FUNCTIONS TODAY, BLACK GOLD IS THE UNIVERSAL CURRENCY! WE SAW EARLIER IN THE YEAR HOW OIL CAN IMPACT CURRENCIES AND MARKETS!

COME AND JUMP ON THE SPININ WHEEL IT’S NOT OPTIONAL! REMEMBER, "WHAT GOES AROUND COMES AROUND"!

RIDE THE PAINTED PONY EAST TO WEST! 8@8, DOC

IMO



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