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Monday, September 19, 2016

BACKDOC UPDATE, 19 SEPT

Hootowl:  hello backdoc,,,are we looking good or what? should we be packing our bags yet...lol

BACKOC:  IT APPEARS THAT THE BUDGET WAS LAUNCHED ON THE 8TH AS ALL IMPORTANT THINGS ARE. 
 
ALTHOUGH ACTION NEEDS TO BE TAKEN IN 10 DAYS, IRAQ HAS DONE ALL THEY CAN DO UNTIL PERMISSION IS GRANTED BY THE U.S.T.! 

ABADI WILL GET THAT MONDAY. 

I'M VERY OPTIMISTIC THAT BY FRIDAY WE WILL SEE SOMETHING SPECIAL ON THE IEX, IF IT IS ALLOWED TO TRADE.
 
DON'T LOOK FOR THIS ON THE FOREX, IT WILL BE ON THE IEX.  SO UNTIL THE IEX TRADES, I BELIEVE WE ALL WAIT.
 
REMEMBER, IRAN SAID, THEIR FOREX VALUE WOULD MEET ITS REALITY VALUE IN OCTOBER SO WE ARE EXTREMELY, EXTREMELY CLOSE. 

THE REALITY VALUE WILL BE DIGITAL ON THE IEX.  THIS IS ALL IN MY OPINION.
8@8, DOC    IMO


BACKDOC:  SOME ARE CONFUSED BY IRAN STATING THE REALITY VALUE VS. THE TRUE VALUE. 

THE TRUE VALUE MEANS THEIR MATURE VALUE.
 
IF THEY FOLLOW THEIR STATEMENTS WE SHOULD SEE A REALITY BEGINNING VALUE BY OCTOBER AND SEE IT GROW UNTIL THE END OF THEIR FISCAL YEAR AROUND MARCH 20 th.
 
WE ALREADY ARE SEEING ACTION ON UK BANKS GETTING READY TO NORMALIZE TRANSACTIONS INTO THE PUBLIC SECTOR.
 
ITS SHIA BROTHER WILL LEAD THE WAY.  I'M SURE DR. S HAS HIS TRIGGER MAN PRACTICING FOR THE GLOBAL RELEASE BUTTON!   HEE HEE
 
PLEASE PASS THE POPCORN. THIS IS REALY GETTING TO THE EXCITING PART OF THIS REALITY.   THE NEW REALITY AWAITS. 
 
TODAY ON BLOOMBERG THE BIS IS STATING GREAT CONCERN FOR CHINAS RAPIDLY ACCRUING DEBT. 

THEY ARE WARNING OF A FINANCIAL BUST IS COMING.  IVE SHARED WITH YOU MANY TIMES OF CHINAS RISING CORPORATE DEBT. THEY CONTINUE TO BURN UP THEIR RESERVES TO BACK THEIR CURRENCY AS WELL. 
 
THE TIMING OF MANY GLOBAL ISSUES ALL SEEM TO BE APPROACHING AN ACTION POINT. 

DAYS FROM NOW THE GLOBAL REPRICING WILL BECOME QUITE SHOCKING I BELIEVE.
 
TAKE HEART AND REMEMBER THAT WHEN THINGS ARE THE WORST THEY ARE THE BEST.  

STAY FOCUSED ON YOUR CALLING AND ALL WILL WORK OUT.  
 
DOC   IMO

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