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Friday, February 5, 2016

BACKDOC UPDATE : "LUCKY EIGHT", 5 FEB

BACKDOC:  THANKS TO MY BROTHER THUNDERHAWK FOR PICS AND CONVERSATIONS AS WELL AS CONVERSATIONS WITH PAPAJ

LUCKY EIGHTS

TONIGHT THERE IS SO MUCH INFORMATION MY A.D.D. SELF IS ALL OVER THE PLACE. LOL. AFTER COMING BACK FROM THE FUTURE AND SEEING OZ, THERE IS SO MUCH TO SHARE. HEE HEE

SERIOUSLY, THERE IS A LOT TO BE HAPPY, HAPPY, HAPPY, ABOUT!

AFTER IRAN TOLD US THEY WOULDN’T ENTER THE WORLD WITHOUT IRAQ, AND LATER ALSO TOLD US THAT THEY WOULD BEGIN TO ENTER THE WORLD AROUND THE 8TH OF FEB., AND THAT IT WOULD TAKE LESS THAN A MONTH TO COMPLETE..
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MY YODA EARS HAVE BEEN DIALED IN AND MY U.S. EAGLE EYES HAVE BEEN "ALL IN"!

F COURSE THOSE WORDS ARE GREAT IN AND OF THEMSELVES BUT ONCE ADDITIONAL PIECES HAVE STARTED TO FALL IN PLACE I’VE GOTTEN, WELL, OK!, ALMOST EMOTIONAL!

WE HAVE THE BUDGET BEING IMPLEMENTED; RETIREES PAYMENT CARDS ACTIVATING ON THE 7TH AND 8TH; ANNOUNCEMENT OF THE NATIONAL RECONCILIATION LAW ON SUNDAY! (HOLY HOLY HOLY AMEN AMEN AMEN)

AND THE FINAL MILITARY CLEAN UP OF MOSUL AND FALUSHA READY TO ROLL! THIS IS LOOKING MORE LIKE A WELL ORCHESTRATED EVENT!

REMEMBER, IRAQ SAID THAT THEY WOULD MAKE THEIR BUDGET EFFECTIVE RETRO TO THE NEW YEAR RIGHT? RIGHT! WHY DO I BRING THAT UP?

GLAD YOU ASKED!

CHINAS’ NEW YEAR STARTS ON FEBRUARY THE 8TH, AND GOES FOR A WEEK!

 " In 2016, the Chinese New Year is Monday, February 8th, starting seven days of celebration".https://en.wikipedia.org/wiki/Chinese_New_Year

IN FACT, IT SEEMS TO BE THE ONLY TIME OF YEAR SOME CHINESE CAN AFFORD TO TRAVEL TO SEE THEIR LOVED ONES! ISN’T THAT COINCIDENTAL? A WEEK LONG HOLIDAY! MMMM

https://www.youtube.com/watch?feature=player_embedded&v=5Rswx2Z7SDw#t=0
LET ME ASK YOU, IF YOU WERE CHINA AND WANTED TO MAKE MONETARY CHANGES WHEN WOULD YOU WANT TO DO THEM?

RIGHT! JUST LIKE IRAQ, AT THE BEGINNING OF THE YEAR!

GOSH DOC, HOW MANY TIMES HAVE WE HEARD THAT BEFORE FROM THE GOOD DOCTOR SHABIBI? A LOT!

WE CONTINUE TO SEE EVIDENCE OF CHINAS’ CURRENCY PROBLEMS SHOWING UP IN MARKETS WORLDWIDE! CONTINUED PRESSURE IS ON THEM TO DEVALUE THEIR CURRENCY AND YET THEY SPEND RESERVES TO DEFEND IT!

MANY SAY THEY CAN’T CONTINUE TO KEEP DOING THAT WITHOUT COLLAPSE. THIS OF COURSE IS TRUE IF NOTHING CHANGES!

WE HAVE BEEN HEARING FOR MONTHS NOW THAT CHINA IS PLANNING TO DE PEG FROM THE DOLLAR AND RE PEG TO A BASKET OF CURRENCIES! WHAT HAVE THEY BEEN WAITING FOR? MMMM

NOW IN THE SAME VEIN, WE SEE SAUDI ARABIA LOOSING BUSINESS TO RUSSIA BECAUSE OF THEIR PEG TO THE DOLLAR! THEY HAVE NOW SLIPPED TO NUMBER 2 BEHIND RUSSIA AS CHINAS’ LARGEST EXPORTERS.

THE DOLLAR PEG HAS PUT SO MUCH PRESSURE ON S.A. THAT IT HALTED TRADING OF ITS CURRENCY RECENTLY. THIS IS A VERY DEFENSIVE MOVE TO PROTECT ITS NOTE COUNT!

THREATS ARE COMING FROM FRANCE AND OTHER PLACES THAT THEY WILL DEVALUE THEIR CURRENCY BECAUSE OF THE DOLLAR.

THIS WEDNESDAY WE SAW A NEW NARRATIVE BEGIN TO BE STATED ON THE BUSINESS CHANNELS.

THEY STARTED TALKING ABOUT THE DOLLAR DECOUPLING FROM OIL!

 MMMM DON’T FORGET OZ OWNS THE MEDIA! HEE HEE!

SO, WHAT WOULD YOU DO IF YOU CAN’T CONTROL SUPPLY AND DEMAND FOR OIL BUT YOU STILL NEED TO MAKE THE BUDGETS WORK?

BINGO! YOU ADJUST THE CURRENCY AND YOU CHANGE ITS VALUE!

WE KNOW THAT BREAK EVEN FOR IRAQS’ BUDGET IS AROUND $45.00. HOW COULD WE GET THERE?

IF CHINA DROPS THE DOLLAR PEG ALONG WITH S.A. THE TOTAL DOLLAR VELOCITY CHANGES IN THE WORLD!

THIS CHANGES BOTH THE DOLLAR AND THE YUAN'S POWER AS AN INTERNATIONAL RESERVE CURRENCY BECAUSE DEMAND CHANGES!

CHINAS’ DEVALUATION PRESSURES WOULD BE OVER SINCE THE YUAN VELOCITY WILL PICK UP DRAMATICALLY WHILE THE DOLLAR’S VELOCITY WILL DROP!

THE YUAN'S POWER WILL GREATLY INCREASE WHILE THE DOLLARS' POWER WILL FADE SOME!
THIS COULD GIVE S.A. RELIEF FROM ITS’ DEVALUATION PRESSURES AS WELL!

BELIEVE THE IMF HAS ENCOURAGED S.A. TO BUY UP IRANS OIL CONTRACTS TO INCREASE ITS GDP! WHY DOES THAT MATTER?

WELL, SINCE S.A. FAILS TO HAVE A DIVERSE ECONOMY LIKE IRAN AND SOON TO BE MR. LONELY IT NEEDS A SERIOUS AMOUNT MORE OF GDP TO JUSTIFY A HIGHER CURRENCY VALUE!

MY GUESS IS THE REASON THE SAUDIS HAVE BEEN SELLING OFF EVERYTHING UNDER THE SUN AND SLASHING BUDGETS IS TO ESTABLISH SIGNIFICANT RESERVES TO SATISFY THE IMF FOR A CURRENCY VALUE SIMILAR TO ITS MUSLIM TRADING PARTNERS!

WHY ELSE WOULD THEY HAVE HALTED TRADING ON THEIR CURRENCY TO STOP THE SELLING PRESSURE! ITS OBVIOUS THEY ARE TRYING TO PROTECT THEIR NOTE COUNT!

WHEN WILL ALL THIS POSSIBLY GO DOWN?

WHO KNOWS BUT MY GUESS IS THIS MONTH OR BY JUNE AT THE LATEST BECAUSE THERE ARE SOME OTHER WORLD EVENTS THAT ARE MARKET MOVING COMING UP!

WELL, I NEED A SNACK SO THAT WILL BE PART TWO! HEE HEE

8@8, DOC   IMO

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