Note: Thanks Backdoc for sending this to us today....Due to technical difficulties we are unable to post all the wonderful pictures with this post~ Our apologies~The Recaps Team
Backdoc: SHE"S GOT A TICKET TO RIDE!!!
TODAY, WE SAW GLOBAL MARKETS CONTINUE THEIR REPRICING AS THEY CONTINUE TO SEEK A NEW GLOBAL REALITY VALUE.
BLACK GOLDS’ DEFLATIONARY PRESSURE SEEMS TO BE UNRELENTING! WITH 1.8 MILLION BARRELS PER DAY OVER PRODUCTION DEFLATION CONTINUES TO ROLL!
AS I MENTIONED EARLIER THE SOLUTION TO THIS PROBLEM IS POLITICAL. THERE NEEDS TO BE A COOPERATIVE EFFORT BY THE MIDDLE EAST COUNTRIES. SO FAR THERE DOESN’T SEEM TO BE ANY EFFORT YET ALTHOUGH, THE U.S. IS MAKING SOME PROGRESS.
....
Backdoc: SHE"S GOT A TICKET TO RIDE!!!
TODAY, WE SAW GLOBAL MARKETS CONTINUE THEIR REPRICING AS THEY CONTINUE TO SEEK A NEW GLOBAL REALITY VALUE.
BLACK GOLDS’ DEFLATIONARY PRESSURE SEEMS TO BE UNRELENTING! WITH 1.8 MILLION BARRELS PER DAY OVER PRODUCTION DEFLATION CONTINUES TO ROLL!
AS I MENTIONED EARLIER THE SOLUTION TO THIS PROBLEM IS POLITICAL. THERE NEEDS TO BE A COOPERATIVE EFFORT BY THE MIDDLE EAST COUNTRIES. SO FAR THERE DOESN’T SEEM TO BE ANY EFFORT YET ALTHOUGH, THE U.S. IS MAKING SOME PROGRESS.
....
AS I’VE SAID, OTHER COMMODITIES WOULD BE DRAGGED LOWER WITH ITS’ LEAD. THE SINGLE UNIVERSAL CURRENCY CONTINUES DEVALUE EVERY COUNTRIES' CURRENCY WORLDWIDE EXCEPT THE DOLLAR! IT NEEDS TO WAIT ITS TURN.
THE QUESTION REMAINS: CAN CENTRAL BANKS WITHSTAND THE GLOBAL FINANCIAL PRESSURE THIS DEFLATION BRINGS?
THE REAL PROBLEM IS A DEFLATIONARY SPIRAL MAKES THE DEBT EACH COUNTRY HOLDS MORE SIGNIFICANT AS DEFLATION TAKES ITS COURSE.
THIS CONTINUES TO FORCE COUNTRIES TO DRAIN THEIR RESERVES. THE OIL PRODUCING COUNTRIES ARE HIT THE HARDEST AS THEY TRY TO PRODUCE MORE TO MAKE UP THE LOSS OF REVENUE BY INCREASING VOLUME!
THE BOND MARKETS ARE GETTING VERY NERVOUS AS WE SEE THE HIGH YEILD OR HIGER RISK BOND MARKETS ARE BEGINNING TO HAVE SERIOUS LIQUIDITY ISSUES.
ARGUABLY THE WORLDS’ BEST BOND TRADER BILL GROSS, IS LOOKING TO SHORT BOND MARKETS IN EUROPE. WITH THE FED KEEPING INTEREST RATES AT OR NEAR ZERO WE NOW HAVE DISTORTED MARKETS WAITING FOR PAINFUL CORRECTIONS.
JAMIE DIAMOND, (THE CEO OF J.P. MORGAN CHASE), HAS EXPRESSED HIS CONCERN FOR THE BOND MARKET GOING INTO CRISIS DUE TO THESE FINANCIAL DISTORTIONS OF FINANCIAL ALLOCATIONS!
THE DEBT PROBLEM CONTINUES TO STARE AT US WITH GREECE, PEURTO RICO, BRAZIL, JAPAN, ECT.. WHEN WILL THIS DEBT CRISIS BE SOLVED? WELL, WE HOPE VERY SOON AS WE SEE LAWS IN CONCLUSION IN IRAQ.
NOW, LET’S TALK ABOUT HOW THE "MAIN EVENT" MAY PLAY A PART IN THIS SOLUTION.
GRAB SOME POPCORN AS YOU WATCH WHAT PLAYED OUT OVER THE WEEKEND! MMMM GOOD!
WE SAW THE HOUSE MAJORITY LEADER RESIGN HIS POSITION EFFECTIVE AT THE END OF OCTOBER! MMMM
THIS SURPRISE ANNOUNCEMENT SEEMS TO ADD PRESSURE TO THE FED.
AS TO WHETHER THEY CAN ACT ON INTEREST RATES! IT APPEARS A MORE CONSERVATIVE PUSH IS ON IN CONGRESS TO CHALLENGE FUNDING FOR PLANNED PARENTHOOD AND OBAMACARE. CUTS IN SOCIAL SPENDING ARE ALSO ON THE AGENDA.
SPEAKER BOEHNER, PROPOSED A BILL THAT WILL CONTINUE TO FUND THE GOVT. AS IT APPROACHES ITS DEBT LIMIT UNTIL LATE NOVEMBER OR EARLY DECEMBER. THIS BILL IS CALLED A C.R., (CONTINUING RESOLUTION) AND WILL BE VOTED ON SOON.
BY THEN A REAL PROBLEM WILL EXIST UNLESS THEY FIND NEWLY REVALUED FOREIGN CURRENCY IN THEIR COFFERS, HEEE HEEE, OR OF COURSE SERIOUS SPENDING CUTS THAT GET IMPLEMENTED!
THE SPEAKER ALSO SAID THAT HARD LINERS IN HIS PARTY ARE "FALSE PROPHETS", PROMISING MORE THAN THEY CAN DELIVER! STAY TUNED FOR MORE UPDATES ON THE "MAIN EVENT"!
THE QUESTION REMAINS: CAN CENTRAL BANKS WITHSTAND THE GLOBAL FINANCIAL PRESSURE THIS DEFLATION BRINGS?
THE REAL PROBLEM IS A DEFLATIONARY SPIRAL MAKES THE DEBT EACH COUNTRY HOLDS MORE SIGNIFICANT AS DEFLATION TAKES ITS COURSE.
THIS CONTINUES TO FORCE COUNTRIES TO DRAIN THEIR RESERVES. THE OIL PRODUCING COUNTRIES ARE HIT THE HARDEST AS THEY TRY TO PRODUCE MORE TO MAKE UP THE LOSS OF REVENUE BY INCREASING VOLUME!
THE BOND MARKETS ARE GETTING VERY NERVOUS AS WE SEE THE HIGH YEILD OR HIGER RISK BOND MARKETS ARE BEGINNING TO HAVE SERIOUS LIQUIDITY ISSUES.
ARGUABLY THE WORLDS’ BEST BOND TRADER BILL GROSS, IS LOOKING TO SHORT BOND MARKETS IN EUROPE. WITH THE FED KEEPING INTEREST RATES AT OR NEAR ZERO WE NOW HAVE DISTORTED MARKETS WAITING FOR PAINFUL CORRECTIONS.
JAMIE DIAMOND, (THE CEO OF J.P. MORGAN CHASE), HAS EXPRESSED HIS CONCERN FOR THE BOND MARKET GOING INTO CRISIS DUE TO THESE FINANCIAL DISTORTIONS OF FINANCIAL ALLOCATIONS!
THE DEBT PROBLEM CONTINUES TO STARE AT US WITH GREECE, PEURTO RICO, BRAZIL, JAPAN, ECT.. WHEN WILL THIS DEBT CRISIS BE SOLVED? WELL, WE HOPE VERY SOON AS WE SEE LAWS IN CONCLUSION IN IRAQ.
NOW, LET’S TALK ABOUT HOW THE "MAIN EVENT" MAY PLAY A PART IN THIS SOLUTION.
GRAB SOME POPCORN AS YOU WATCH WHAT PLAYED OUT OVER THE WEEKEND! MMMM GOOD!
WE SAW THE HOUSE MAJORITY LEADER RESIGN HIS POSITION EFFECTIVE AT THE END OF OCTOBER! MMMM
THIS SURPRISE ANNOUNCEMENT SEEMS TO ADD PRESSURE TO THE FED.
AS TO WHETHER THEY CAN ACT ON INTEREST RATES! IT APPEARS A MORE CONSERVATIVE PUSH IS ON IN CONGRESS TO CHALLENGE FUNDING FOR PLANNED PARENTHOOD AND OBAMACARE. CUTS IN SOCIAL SPENDING ARE ALSO ON THE AGENDA.
SPEAKER BOEHNER, PROPOSED A BILL THAT WILL CONTINUE TO FUND THE GOVT. AS IT APPROACHES ITS DEBT LIMIT UNTIL LATE NOVEMBER OR EARLY DECEMBER. THIS BILL IS CALLED A C.R., (CONTINUING RESOLUTION) AND WILL BE VOTED ON SOON.
BY THEN A REAL PROBLEM WILL EXIST UNLESS THEY FIND NEWLY REVALUED FOREIGN CURRENCY IN THEIR COFFERS, HEEE HEEE, OR OF COURSE SERIOUS SPENDING CUTS THAT GET IMPLEMENTED!
THE SPEAKER ALSO SAID THAT HARD LINERS IN HIS PARTY ARE "FALSE PROPHETS", PROMISING MORE THAN THEY CAN DELIVER! STAY TUNED FOR MORE UPDATES ON THE "MAIN EVENT"!
WHAT WE NOW KNOW IS THE "MAIN EVENT" SHOWDOWN DATE APPEARS TO BE PUSHED BACK TO THE END OF NOVEMBER TO THE FIRST OF DECEMBER.
ON ANOTHER NOTE, WILL MITCH MCONNELL BEGIN SANCTION RELEASE ON IRAN IN OCTOBER AS HE MENTIONED COULD BE A POSSIBILITY?
WILL IRAQ BE READY IN OCTOBER TO GET THE BALL ROLLING?
WE CERTAINLY ARE ENCOURAGED. WHAT I DO KNOW IS THAT THERE ARE PRESSURES WORLDWIDE TO SEEK FINANCIAL DEBT RELIEF AND IT WILL COME WHETHER WELCOMED OR NOT!
AMAZING TODAY WE SEE IRAN SAYING THAT THEY WELCOME A NEW DEMOCRACY IN SYRIA! REALLY? WOW! THEY SURE ARE PUSHING THE RIGHT BUTTONS FOR NOW! REGARDLESS OF OCTOBER THE MAIN EVENT IS COMING FAST!
WITHOUT THE MONEY HONEY THERE WON’T BE A TICKET TO RIDE!
LETS SEE A RATE, THEN WE KNOW SHE’S GOT A TICKET TO RIDE AND SHE DON’T CARE!
8@8, DOC IMO
Articles relating to this post can be found at Part 2
Link to Part 2
ON ANOTHER NOTE, WILL MITCH MCONNELL BEGIN SANCTION RELEASE ON IRAN IN OCTOBER AS HE MENTIONED COULD BE A POSSIBILITY?
WILL IRAQ BE READY IN OCTOBER TO GET THE BALL ROLLING?
WE CERTAINLY ARE ENCOURAGED. WHAT I DO KNOW IS THAT THERE ARE PRESSURES WORLDWIDE TO SEEK FINANCIAL DEBT RELIEF AND IT WILL COME WHETHER WELCOMED OR NOT!
AMAZING TODAY WE SEE IRAN SAYING THAT THEY WELCOME A NEW DEMOCRACY IN SYRIA! REALLY? WOW! THEY SURE ARE PUSHING THE RIGHT BUTTONS FOR NOW! REGARDLESS OF OCTOBER THE MAIN EVENT IS COMING FAST!
WITHOUT THE MONEY HONEY THERE WON’T BE A TICKET TO RIDE!
LETS SEE A RATE, THEN WE KNOW SHE’S GOT A TICKET TO RIDE AND SHE DON’T CARE!
8@8, DOC IMO
Articles relating to this post can be found at Part 2
Link to Part 2
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