Thursday, June 26, 2014

Thoughts from Backdoc at KTFA: "The True Value"

Thoughts from Backdoc at KTFA: "The True Value"

06/26/2014
backdoc » June 26th, 2014, 1:43 am 

THESE ARE MY OWN THOUGHTS AND OPINIONS

THE TRUE VALUE

TONIGHT WILL BE A SLIGHT DEPARTURE OF TREND AS WE AWAIT THE AFFECT OF THE MAN FAIRYS’ MAGIC DUST TO SPREAD THROUGHOUT THE LAND OF IRAQ. THE MEDIA HAS BY NOW BEEN AFFECTED AS WELL, SO MUCH SO, THAT I’M NOT SURE WE HAVE TOTAL TRUST OF THOSE FACTS.

 AS I SAID LAST NIGHT THE BANKS NOW HAVE THERE BIG BOY PANTS ON OR AT LEAST SOME DEPENDS. HEE HEE. THE COMFORT I WILL GIVE YOU IS THE EMPIRE IS VERY EFFECTIVE SINCE THIS IS NOT THEIR FIRST RODEO, RIGHT?

WE HAVE A REAR VIEW MIRROR THAT CAN SEE GERMANY,JAPAN,SOUTH KOREA,AND KUWAIT FOR STARTERS. LOL
....
SPEAKING OF KUWAIT, DO YOU ALL REMEMBER UN RESOLUTION 833 ?

THIS WAS LAND THAT WAS IN DISPUTE BACK IN THE 1990’S. A COUPLE YEARS AGO OR SO THIS DISPUTE WAS FINALLY RESOLVED. AS A RESULT IRAQ GAVE UP ABOUT 200 MILES OF LAND BACK TO KUWAIT.

WHY IS THAT IMPORTANT YOU ASK ?

MMMM MAYBE BECAUSE THIS LAND IS LOADED WITH GOLD AND OIL RESERVES. MMMM SO WHAT RIGHT ? MMMM NOT SO FAST !! THERE MAY BE ONE MINOR DETAIL THAT I’VE NEVER HEARD DISCUSSED ANYWHERE.

WELL, AS WE ALL KNOW BY NOW, THE FINANCIAL LANDSCAPE IS CHANGING ON THE WAY COUNTRIES' VALUE THEIR CURRENCIES THROUGH THE IMF RIGHT ? YEP !! ASSETS IN THE GROUND MATTER. THIS MIGHT EXPLAIN THE AGGRESSIVE BEHAVIOR OF CHINA IN THE SOUTH SEA. THEY ARE SETTING UP OIL RIGS IN VIETNAMS' WATERS ON THEIR CONTINENTAL SHELF.

OH, AND HOW ABOUT OUR RUSSIAN COMRADES TAKING CRIMEA AND LUSTING OVER THE RICH OIL AND GAS IN EASTERN UKRAIN !! WILL THE EMPIRE HALT THE BEARS' HUNT ? MMMM

NOW WE BOTH AGREE THAT CHANGE IS COMING RIGHT ? WHAT ABOUT KUWAIT ?

DO WE HEAR RUMORS OF THEM LAUNCHING SOME NEW CURRENCY ? MMMM MAYBE, WHAT SEEMS IMPORTANT TO ME IS THAT I HAVE NOT HEARD OR READ ANYTHING THAT MIGHT AFFECT ITS’ NEW CURRENCY VALUE BASED ON THIS NEW FOUND WEALTH.

IT SEEMS TO ME THAT EVENTUALLY IT WILL BE REFLECTED IN A SUBSTANTIAL INCREASE SINCE IT WILL HAVE A SIGNIFICANT IMPACT TO THEIR GDP.

KUWAIT’S POPULATION IS 3.25 MILLION COMPARED TO IRAQ WITH AROUND 30 MILLION. MMMM SO YOU SEE THIS SHOULD HAVE AN IMPACT ON THEIR CURRENCY !

NOW TO THE PUNCHLINE !!

KUWAIT’S VALUE IS AROUND 3.55 TO 3.62. WHAT HAPPENS TO IRAQ’S CURRENCY IF KUWAITS' GOES HIGHER ? MMMM YA I THINK WE HAVE SOME CLUES TO THAT ANSWER.

I HAVE BEEN SAYING FOR SOME TIME NOW THAT IRAQ HAS WAY MORE GOLD THAN THEY WISH TO ADMIT.

THEY ARE SAND BAGGERS !! LOL HEE HEE SORRY ! SERIOUSLY WHEN THEY TALK ABOUT IT, THEY HAVE USED LANGUAGE LIKE, "WE HAVE AROUND 30 TONS". THEN THEY SAY THEY BOUGHT AROUND 30 MORE TONS. THEN THEY SAY THEY BOUGHT ANOTHER 90 TONS, THEN THEY SAY, “WE JUST DOUBLED OUR GOLD HOLDINGS THREE TIMES IN THIS YEAR SO FAR !

THEN WE HAVE AN ARTICLE THAT SAYS, "WE CAN CONTROL THE RATE OF THE DINAR AGAINST THE DOLLAR WITH FOREIGN CURRENCY AND 70 BILLION DINAR, AND EXCLUDE TO DISCUSS THE GOLD” ! WOW ! THEY ARE VERY ELUSIVE ON THE ISSUE.

I GUESS I’VE READ TOO MUCH !! LOL SORRY FOR DRAGGING OUT THE PUNCHLINE BUT WE HAVE HEARD THAT IRAQ AND KUWAIT WILL HAVE CURRENCIES IN SIMILAR VALUES. WE KNOW THAT IRAQS' SHOULD EVENTUALLY RISE TO THE WORLDS HIGHEST VALUE BASED ON ITS’ ABUNDANT WEALTH AND LITTLE TO NO REAL DEBT.

 I DON’T CARE IF WE SEE A FREE FLOAT OR A FIXED MANAGED FLOAT, EVENTUALLY IT WILL GET THERE.
IT’S JUST POSSIBLE THIS MAY PLAY INTO WHY THE "WORLD WILL BE SURPRISED," AS TURKI SAID A LITTLE WHILE BACK. MMMM JUST A THOUGHT TO CHEW ON WHY WE LET MAGIC DUST BLOW THROUGHOUT THE LAND !

WITHIN A DAY OR TWO WE HOPE THAT PARLIAMENT WILL BE COVERED WITH THIS DUST AND CARRY IT WITH THEM TO COMPLETE AND APPROVE A DULY ELECTED, FUNCTIONAL, INCLUSIVE GOI THAT IS BY THE PEOPLE AND FOR THE PEOPLE. LET’S HOPE THEIR PURPOSE IS TO BE ON PURPOSE SINCE THIS DUST IS CONTAGIOUS. WHEN WE GOT HIT BY IT, WE WERE ALL IN AND NOW WE HOPE THEY WILL BE TOO !

I HOPE THE ONLY LIP QUIVERING AFTER THE NEXT FEW DAYS WILL BE M……..

WHAT REALITY WILL IRAQ CHOOSE ? THE ACTION WE SEE WILL ANSWER THAT QUESTION !! REMEMBER THE WHOLE WORLD IS WATCHING. THE PROBLEM FOR US RIGHT NOW IS, WHAT REALITY DOES THE MEDIA WANT US TO SEE ?

WILL THAT BE TRUTH, FEAR, DELAYS ?

WE WAIT TO SEE !

MY BET IS ON A REALITY RATE THAT WILL CHANGE OUR REALITIES

"WHEN" HAS ALWAYS BEEN THE ONLY QUESTION ! DOC

THESE ARE MY OWN THOUGHTS AND OPINIONS

http://www.dinarrecaps.com/our-blog/thoughts-from-backdoc-at-ktfa-the-true-value

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