Thursday, June 5, 2014

Thoughts from BackDoc at KTFA Wednesday Afternoon

Thoughts from BackDoc at KTFA Wednesday Afternoon

06/04/2014
(Dinar Recaps Note: This post is for informational purposes only.  It is not legal, tax or investment advice.  Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers.)

backdoc » June 4th, 2014, THE FOLLOWING ARE MY OWN THOUGHTS AND OPINIONS, THANKS DOC IMO

CAUSE AND AFFECT

SINCE IRAQ IS THE ONLY 100% GOLD BACK CURRENCY IN THE WORLD IT WILL BE IMPOSSIBLE FOR THE WORLD TO IGNORE.

THE IMPACT FROM CURRENCY SWAPS THAT OVERNIGHT TAKE ON A REALISTIC VALUE WILL CREATE AN UNBREAKABLE FINANCIAL BOND BETWEEN IRAQ AND ESSENTIALLY THE WORLD!!!
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THE PAST DEBTS OF IRAQ WILL BE WIPED AWAY ! THIS IS WHY WE SEE SUCH CONFIDENCE BY THE CBI WITH 13303 BEING LIFTED.

AS SOME LOOK TO EXCHANGE THEIR CURRENCY FOR WHAT THEY THINK IS SAFETY IN THE DOLLAR MAY BE SADLY MISTAKEN. MMMMM

UNLESS THE U.S. BREAKS COMPLETELY AWAY FROM A FED DOLLAR WE WILL SOON SEE HYPER-INFLATION AS A RESULT OF QUANTITATIVE EASING OF 85 BILLION PER MONTH SINCE 2008.

THIS DEBASING OF OUR CURRENCY IS JUST NOW BEGINNING TO IMPACT EVERYTHING WE BUY ESPECIALLY FOOD PRICES. JUST WAIT TILL IT RAMPS INTO HIGH GEAR.

IN GENERAL, SAFETY WILL BE FOUND IN SELECTIVE EMERGING MARKET ECONOMIES LIKE IRAQ, VIETNAM, INDONESIA, ECT.. I FOR ONE WILL EXCHANGE MY DINAR AND DONG WHEN I FEEL IT’S SAFE TO DO SO. ONCE EXCHANGED, MOST WILL END UP IN FOREIGN CURRENCY ACCOUNTS WHICH WILL THEN BE IN THOSE SELECTIVE EMERGING MARKET ECONOMY'S CURRENCIES.

ONCE THIS IS ACCOMPLISHED, STOCK MARKET INDEX’S CAN BE PURCHASED FROM THESE ACCOUNTS WHILE REMAINING IN THOSE COUNTRIES CURRENCIES. WHY IS THIS IMPORTANT?

BECAUSE WHEN YOU EXIT YOUR POSITION YOU ARE STILL IN THE COUNTRY’S CURRENCY FROM WHICH YOU PURCHASED IT. IF THE COUNTRY’S CURRENCY VALUE INCREASES WHILE YOU’RE INVESTED, YOU WILL CAPTURE THAT INCREASED VALUE PASSIVELY WHILE IN THE TRADE. THIS IS HUGE !!

ESSENTIALLY YOU MAKE MONEY TWO WAYS !! ONE ON THE MARKET INDEX AND THE OTHER ON THE COUNTRY'S CURRENCY !! NICE !!

DENNIS GARTMAN WHO WRITES THE GARTMAN LETTER FOR BIG COMMODITY INVESTORS SPEAKS OF THIS OFTEN. FOR EXAMPLE: HE WOULD SAY, WE ARE LONG OF THE DINAR WHILE WE ARE ALSO LONG OF THE ISX.

AS WITH ANY CURRENCY, IT IS ALWAYS IN DIRECT RELATIONSHIP, ONE WITH THE OTHER. UNDERSTANDING THIS RELATIONSHIP WILL DETERMINE WHETHER YOU GROW YOUR MONEY OR LOSE SOME OF IT SINCE THERE IS NOTHING IN BETWEEN.

AS A BELIEVER, I FEEL I NEED TO BE A GOOD STEWARD OF WHAT EVER BLESSING I’M IN CHARGE OF. AS MANAGERS OF GODS’ BLESSINGS, WE NEED TO STUDY THE POLITICAL AND INTERNATIONAL RAMIFICATIONS OF THE DOLLAR.

WHAT WILL OUR GOVT. DO WITH IT’S FOREIGN CURRENCY ACCOUNT?

IF YOU ALL REMEMBER SEVERAL MONTHS AGO WE MIGHT HAVE FOUND OUR FIRST CLUE. THE TREASURY CHANGED IN HOUSE RULES TO BE ABLE TO USE FOREIGN CURRENCY RESERVES TO ESSENTIALLY PAY BILLS. MMMM TRANSPARENCY OF CERTAIN DETAILS ARE WITHHELD FROM THE PUBLIC.

I CALL THIS, "BEHIND THE CURTAIN, THE LAND OF OZ".

IF YOU DON’T BELIEVE ME THEN TRY TO GET DETAILS OF THESE TRANSACTIONS, YOU CAN’T. WE ONLY SEE EVIDENCE OF THIS ACTIVITY AND HAVE TO ASSEMBLE THE PIECES THE BEST WE CAN. WE SEE THIS IN THE IMF REPORTS AS WELL. THEY OMIT AREAS AND STATE “ NOT FOR PUBLIC VIEWING. MMMM

WE HAVE SEEN EVIDENCE OF CURRENCY SWAPS OF SEVERAL COUNTRIES WITH IRAQ. ONCE THESE SWAPS TAKE ON A REALISTIC VALUE THE ORCHESTRA WILL BE IN PERFECT RYTHM AND HARMONY ! MMMM SOON WE ARE LIKELY TO SEE ALL THE MOVEMENTS COME TOGETHER IN A FULL COMPLETE SYMPHONY.

THE QUESTION FOR ME IS WHAT DOOR WILL OUR GOVT. CHOOSE ? DOOR NUMBER 1 OR DOOR NUMBER 2 ? LOL

DOOR NUMBER 1? Phase out the fed dollar and bring back an asset backed treasury dollar or United States dollar? THIS WOULD HAVE SIGNIFICANT CONSEQUENCES. THIS WOULD CREATE A STRONG DOLLAR OR DEFLATIONARY EFFECT. THIS COULD EASILY CAUSE A BAIL-IN AFFECT AS I’VE STATED IN PREVIOUS POSTS.

THIS WOULD PUT CAPITAL MARKETS AT RISK SINCE THEY WOULD BE IN SERIOUS NEED OF CAPITAL TO BACK THEIR BANKS LOANS. ALSO A DEFLATIONARY IMPACT WOULD BE THE OPPOSITE EFFECT TO OUR STOCK MARKET, RATHER THAN CONTINUING TO GO UP DUE TO QE IT WILL FIND ITS’ SELF OVER VALUED AND LOOK TO BE REPRICED SIGNIFICANTLY LOWER.

DOOR NUMBER 2 ? THE TREASURY CONTINUES TO USE A FED DOLLAR AND FINDS SOME WAY TO BACK IT TO BECOME BASEL 3 COMPLIANT ?

THIS POSSIBILITY, JUST AS IN TIMES PAST WOULD DILUTE THE TREASURY'S NEW FOUND WEALTH HAVING AN INFLATIONARY EFFECT ON THE DOLLAR. SO YOU SEE, YOU JUST CAN’T EXCHANGE AND RETIRE.

WE HAVE NEW RESPONSIBILITIES FOR THE KINGDOM. WE HAVE TO ACCEPT THE GLOBAL NATURE OF CURRENCIES AND HOW THEY IMPACT OUR INTERNATIONAL PERSONAL WEALTH. THIS JUST ISN’T AN RV THING AND LIFE GOES ON !!!

DEPENDING ON HOW THE DINAR/DOLLAR RELATIONSHIP PLAYS OUT, DEPENDS ON WHAT WE HAVE TO DO. REMEMBER, WE ARE ALREADY IN THE MOST SECURE CURRENCY IN THE WORLD "THE DINAR", SO BEFORE YOU CHANGE THAT RELATIONSHIP YOU NEED ANSWERS.

I FIND IT MORE THAN COINCIDENTAL THAT NEW TAX LAWS SUCH AS FATCA BEGINS ON JULY 1ST. THE ISX IS ALSO PLANNED TO LAUNCH ON JULY 1ST. MMMM

THE IMPORTANT THING TO REMEMBER IS THAT A CAUSE AND EFFECT OCCURS WITH CURRENCIES. YOU CAN’T CHANGE ONE WITHOUT CHANGING THE OTHER !!

IF THE DINAR GOES UP THE DOLLAR GOES DOWN THE SAME AMOUNT IN RELATION TO EACH OTHER.

WHAT THE US DOES POST IR DETERMINES OUR NEXT MOVE !! STAND BY FOR THE GREATEST TRADE OF YOUR LIFE AND THE GREATEST GROWTH POTENTIAL OF YOUR LIFE !!


THIS EVENT WILL HAVE A RIPPLE EFFECT JUST LIKE THROWING A STONE INTO A STILL POND.

WE WILL BE ABLE TO CAPTURE THE AFFECT OF THOSE RIPPLES.

ARE YOU READY ?

DOC……. AGAIN THESE ARE MY OWN THOUGHTS AND OPINIONS, THANKS

http://www.dinarrecaps.com/our-blog/thoughts-from-backdoc-at-ktfa-wednesday-afternoon

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