Thursday, January 15, 2015

GLOBAL CURRENCIES: TWO AMAZING DYNAMICS IN PLAY AT THE MOMENT


   THE ICE MAN
 
backdoc » January 15th, 2015, 10:24 am  IMO

WE CURRENTLY HAVE TWO AMAZING DYNAMICS IN PLAY AT THE MOMENT.

AS I'VE BEEN BEATING THE DEFLATION DRUM NOW LONG ENOUGH THE CRACKS IN THE PROVERBIAL CURRENCY ICE ARE BEGINNING TO WIDEN NOW!

WITH RUSSIA UNDER EXTREME PRESSURE DUE TO FALLING OIL PRICES THEY ARE NOW CAUGHT WITH THEIR PANTS DOWN AND NO WAY TO RUN WITHOUT TRIPPING OVER THOSE DRAWERS! LOL

VENEZUELA IS IMPLODING ALONG WITH ARGENTINA! NOW GUESS WHO IS HOLDING THEIR BAD DEBT? RIGHT CHINA!
 
AND TO MAKE THINGS WORSE THE BLACK GOLD PRICE GOT RAISED OVER THE WEEKEND TO ASIA AND LOWERED TO EUROPE! MMMMM

NO LETS KEEP GOING WITH THIS CURRENCY THEME SHALL WE?

AS A RESULT OF IRAQ DROPPING ITS' CRUDE PRICE TO THE EMPIRE IN THE EU WE NOW SEE THE TWO BLACK GOLD CURRENCIES COME TO PARITY IN TWO TRADING DAYS!!

HOLY LUBRICATION OF PRICES BACKMAN!!! LOL

TODAY'S SHOCKING NEWS IS A RAISING OF HANDS BY THE SWISS BANK SAYING, OK, I GIVE UP!  (See Article Below)

SO THEY SEE THE HAND WRITING ON THE WALL OF TWO MORE CURRENCIES COMING TO PARITY, THE EURO AND THE DOLLAR!!

I ASSURE YOU FOLKS THERE IS MORE TO THIS THAN MEETS THE EYE!!

MY THEORY OF PARITY MAY HAVE ALREADY BEEN ACCEPTED BY THE SWISS AS THEY DEPEG FROM THE EURO!

THE DEFLATION SLIDE IS NOW UNDER WAY! AND SO THE REPRICING OF STOCKS WILL BEGIN AS SEEN THE LAST COUPLE DAYS!!

TO MAKE THINGS WORSE THE BIG BANKS ARE MISSING BIG ON EARNINGS!

FIRST JP MORGAN AND NOW TODAY BANK OF AMERICA!!

I WISH I HAD TIME TO SHARE MORE BUT MY SCHEDULE OF LATE IS CHALLENGED!

I WILL TRY TONIGHT TO SHARE MORE IF I HAVE A CHANCE!!

TRY TO THINK OF THE BIG PICTURE THIS WAY:

1. WE HAVE OIL TRYING TO BOTTOM AND FIND A BID TO COME OUT OF CONTANGO

2. WE HAVE BRENT AND WTI CRUDE OIL COMING TO PARITY

3. WE HAVE THE EURO ACCELERATING ITS WAY TO PARITY TO THE DOLLAR

4.WE WONDER IF THE GBP WILL ALSO BITE THE DUST AND COME TO PARITY WITH THE DOLLAR

5. WE AWAIT A VOTE BY TUES. ON THE BUDGET

6. WE SEE VERY SIMILAR EVENTS FINANCIALLY OCCURRING IN VIETNAM WITH CHINA PRESSURING THEM ON SWITCHING TO YUAN ESSENTIALLY! MMMMMM

7. WE AWAIT BUDGET DEFICITS TO BE EVAPORATED BY A STRONGER PURCHASING POWERED DINAR

8. WE SEE MASSIVE BOND INVESTMENTS IN IRAQ TO SUPPORT ITS CURRENCY

9.WE SEE STRONG ACTION BEING TAKEN TO OPEN UP TO A MARKET ECONOMY

10. FINALLY WE AWAIT A CRESCENDO OF ALL THESE POINTS LINING UP TO BRING GREAT POWER, JUST LIKE A FOCUSED LASER LIGHT!


THE ICE MAN CONTINUES TO DELIVER !!!!!

ABADI IS TRULY BECOMING A MIDDLE EAST HERO!

BACK TO PATIENTS

8@8, DOC IMO
 

1 comment:

Popeye said...

HI ALL....LISTEN TO BACKDOC....THERE IS A FEW THINGS HE IS NOT AWARE OF.......BUT.........HE HAS A LOT OF WHAT IS GOING ON RIGHT......THE REAL REAL IMPORTANT THINGS ARE MISSING.... KEEP YOUR EYES EARS AND BRAIN IN THE ON POSITION FOR THE NEXT FEW DAYS....