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Backdoc Opinion: " Come out of your Pit " - 3/15/2015 Backdoc @ KTFA » March 14th, 2015, IMO COME OUT YOUR PIT ! RECENTLY, WE SAW THE CBI CROSS A LINE IN THE SAND WHEN THEY INITIATED A NEW FINANCIAL MECHANISM OF COMMITMENT. THIS OF COURSE WAS A NECESSARY PREPARATORY STEP FOR LAUNCHING THE NUMBER ONE PRODUCT OF IRAQ, THEIR CURRENCY ! CONTROLLING CASH IN THE PUBLIC FLOAT HAS CAUSED A NUMBER OF ITEMS TO BEGIN TO "FIT LIKE A GLOVE"! THIS STARVATION OF CASH FROM THEIR ECONOMY WAS PAINFUL FOR THOSE WAITING AND PROTESTING FOR THEIR SALARIES, BUT NEEDED! REDUCING ALL CASH BEGINS THE PROCESS OF DE-DOLLARIZING. THE OLD FIFTY DINAR GETS RETIRED TO PREVENT COUNTERFEITING AND PREPARES THE WAY FOR LOWER DENOMS TO BE RELEASED! .... AS WE HAVE SEEN, THIS PROCESS WAS PAINFUL YET NECESSARY! WITH PAYMENTS SAID TO BE SENT FROM THE CBI, RECEIPT OF THOSE PAYMENTS NEEDS CONFIRMATION BY A RATE! WITH KURDISTAN EMPLOYEES WAITING TO BE PAID FOR SALARIES WELL OVERDUE, THE PRESSURE MOUNTS AS EVIDENCED BY PROTESTS. RECENTLY I REMINDED US ALL, "IT’S NOT ABOUT YOU,” THIS WAS ABOUT THE RESTORATION OF THE EMPIRE! WE WERE JUST FORTUNATE TO HITCH A RIDE ON THE ABADI EXPRESS!! HEE HEE WITH HAPPY MEALS RUNNING OUT, TEAM ABADI IS READY TO SERVE FILLET MIGNON! MMMM WITH THE PRIVATE SECTOR NOW READY FOR EXPLOSIVE DIVERSIFICATION INTO ITS’ TRUE WEALTH, MINERALS! IRAQ’S ECONOMY WILL SURPRISE TO THE UPSIDE! WE NOW AWAIT FOR THE CBI GOVERNOR TO SAY, "ENGAGE NUMBER ONE” IN THE NEXT FEW DAYS! THE EMPIRE ALWAYS HAS BEEN, AND ALWAYS SHALL BE, "ALL FOR ONE AND ONE FOR ALL.” UNFORTUNATELY, WE ALL HAVE ALL EXPERIENCED PAIN AND CASUALTIES ON OUR JOURNEY. THE JOURNEY TOOK US FROM THE BRAVE YOUNG MEN AND WOMEN WHO GAVE THEIR FULL MEASURE OF DEVOTION, TO THOSE WHO MADE IT BACK WHOLE, AND YET OTHERS NOT QUITE COMPLETE! ALL PAID THE HIGH PRICE FOR FREEDOM! FOR OTHERS HERE AT HOME WHO ALSO BELIEVED LOST SOME TO POOR HEALTH AND YET OTHERS TO TRAGEDY! NONE HAVE ESCAPED A PRICE ON OUR JOURNEY! SPOCK TOLD US TO, "LIVE LONG AND PROSPER” FOR US WE KNOW THAT MEANS FULFILLING GODS’ CALLING ON OUR LIVES! RECENTLY, I ASKED IF YOU WERE READY FOR A CHANGE OF SEASONS IN YOUR LIFE, YOU AND I BOTH ANSWERED AND SAID, WE'RE "ALL IN”! THEN ON SUNDAY THE 8TH DAY A NEW BEGINNING OCCURRED WHEN THE CBI STATED THEY BEGAN REMITTANCES. WE NEW THEN THAT ZEROS WERE GOING TO HEROS! I BELIEVED THEN AS I STILL DO, THAT ONLY HISTORY WILL SHOW, THE "FIRST FLIGHT” OF THE NEW IRAQI DINAR! THE RECEIPT OR LANDING OF THAT FIRST FLIGHT APPEARS TO BE IN THE NEXT FEW DAYS! IRAQ WAS ONE OF THE "RIDERS ON THE STORM” OF FALLING OIL PRICES, AND NEEDING TO DIVERSIFY THEIR ECONOMY! THIS WEEK IRAQ IS "FACING THE GIANTS” OF ACTIVATING THAT DIVERSIFICATION TO THEIR ECONOMY, WHILE THEY USE THE EMPIRES' NEW LASER WEAPON TO ERADICATE THIS DISEASE OF EXTREMISM! ZAP! ZAP! ZAP!, COME INTO THE TRAP! TRAP! TRAP! TRIUMPHANTLY WE NOW SEE SUNNIS AND KURDS FIGHTING TOGETHER AS BROTHER AMONG BROTHER FOR THE COMMON CAUSE TO PURGE THIS SCURGE! ************************ RECENTLY I READ A SCRIPTURE WHICH IMMEDIATELY BROUGHT ME TO THE STORY OF JOSEPH, THE SON OF JACOB. AS A POPULAR FAVORED SON JEALOUSY TOSSED HIM INTO A PIT! ALTHOUGH HIS LIFE WAS TURNED UPSIDE DOWN AND NOT WHAT HE WOULD HAVE CHOSEN, GOD HAD OTHER PLANS. GOD GAVE HIM A DREAM AND FAVOR ON HIS LIFE AS HE BROUGHT HIM OUT OF THAT PIT! WITH THAT FAVOR HE WAS RAISED UP TO THE HIGHEST POWER IN THE LAND, SECOND TO THE KING! WHY? GODS PURPOSE FOR HIS LIFE WAS RESTORATION FOR HIS PEOPLE AND HIS FAMILY! I CAN’T HELP BUT THINK MANY AMONG US HAVE HAD CASUALTIES IN OUR LIVES AND BEEN FORCED TO ENDURE MANY HARDSHIPS. I FEEL STIRRED IN MY SPIRIT THAT GOD IS CALLING MANY OF US OUT OF OUR PIT FOR MIGHTY WORKS IN THE YEARS AHEAD! HE WILL USE OUR TRIALS AND TRIBULATIONS TO FURTHER HIS WORK IN US AND OTHERS!! WHAT HAPPENED WHEN GOD CALLED LAZARUS OUT? THAT’S RIGHT! HE REJECTED DEATH AND CAME FORTH! A GOD THAT CAN DO THAT, WILL GIVE YOU FAVOR TO DO WHAT YOUR CALLED TO DO! WILL YOU COME FORTH? 8@8. DOC IMO

Friday News Summaries & Commentaries from Aggiedad77 - 2/20/2015 Aggiedad77 >> KTFA - February 20th, 2015, 11:32 am Friday News Summaries and Commentaries Member of the parliamentary Finance: Central Bank qualify the deletion of zeros from currency The Finance Committee appears to still think the time is ripe for deletion of the 000's....however the CBI supposedly still has some reservations about timing.....no doubt there would be a cost involved in the process but even back in 2012 the CBI claimed then they were ready for it to happen....obviously it didn't....so why the reservations today.....they merely say "the time is not right"......time will tell I guess as we look into next week. .... Government "optimistic" the treatment of the budget deficit through borrowing 11 trillion Iraqi dinars The government of PM Abadi is starting to show that it has it's eyes fully open to what was going on with the previous government, things like funds disappearing from the DFI that cannot be explained....budget surplus in past years that again cannot be explained or documented.....graft and corruption were the buzz words of the day back then it seems...grab all you can and hide it as quickly and deeply as you can.....graft and corruption are still buzz words today...but they come with a prison sentence attached to them Now.....meanwhile the government is borrowing almost 11 trillion dinars......5 trillion from the Rasheed and Rafidain Banks....and another 6 trillion through the CBI purchasing Treasury bills....interesting that they do this at a time when the budget is about to be opened..... Question....do they need to be international to deal with these T-bills in this manner.....their program rate would be meaningless in such a purchase I would think. Distribution of 300 instrument on borrowers from the housing fund next week in Diwaniya 300 loan instruments were distributed to borrowers in Diwaniya....this sounds like it is being done based on anticipation of things in the budget that is expected to be opened on Sunday. Why Parliament rejects the province's money exchange ..? It seems that some Kurdish MP's have doubts about the liquidity issues that the government claims it is facing and want to call for a special committee to be formed to investigate the issue and why salaries are not being paid.....they claim the budget says one thing...that salaries would be paid....but reality shows that is not the real life circumstance....it seems that it is time for talk to end....and action to take over. Iraqi Kurdistan ‘open for business’ despite Islamic State war The newest Kurd envoy to the US is taking steps to assure US businessmen that the Kurdistan is a safe place to invest....yes there has been ISIS threats since August but these are being dealt with and much territory is being retaken by Peshmerga forces who have largely been the ones keeping the peace since the Iraqi Army pulled out.....much of the money coming into the region from Western countries is going into the oil and gas sector at this time. Deputy Kurdish demanding an investigation into the existence of material liquidity to Baghdad or not Again we see Kurdish requests for a committee to be formed to investigate the issue of liquidity within the government of Iraq.....calling upon Speaker Jubouri to make this happen. Kurdistan Alliance: international mediation to remove the differences between Baghdad and Erbil New talks are expected to take place between Baghdad and Erbil on the oil issues and salaries but this time it is expected that the talks will have a mediator in place to help with the process....one of those mediators could be a representative from the US....the UN is also expected to be present....and maybe one other.....it is possible that Iran or some European rep may be there as well. Well be it Friday, this will suffice for now.....yes I know I left off a couple of opinion pieces...but they are just that opinions and as such could have a 50/50 chance either way of being right....you be the judge. Will be watching for more news today....already have the walks shoveled this morning.....it is going to be the start of a great weekend. The BEST is yet to come!! Aloha Randy

Thoughts On "Black Gold" From Backdoc at KTFA Wednesday Morning - 2/18/2015 backdoc » February 18th, 2015, 9:35 am IT'S BEEN MORE THAN INTERESTING TO SEE THE CONTROL OZ HAS DISPLAYED ON CONTROLLING BLACK GOLD. (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI) HE CAN SINGLE HANDEDLY ALTER WORLD MARKETS WITH THE PRICE OF THIS COMMODITY. WORLD MARKETS ALL SUBMIT TO ITS POWER OF PRICE! WITH RIG COUNTS DROPPING WE HAVE SEEN TALK BUT NO RESULTS ON DECREASING SUPPLY! WE CONTINUE TO SEE SUPPLY INCREASE AS I HAVE MENTIONED IN THE PAST. I BELIEVE WE WILL SEE PRICES REMAIN CLOSE TO WHERE THEY ARE UNTIL IRAQ LAUNCHES ITS NEW CURRENCY. .... WE ALL ARE VERY EXPECTANT OF THE LAUNCH OF THEIR MARKET ECONOMY. ONCE WE SEE IT, REALITY ON CRUDE PRICES WILL LIKELY PREVAIL SENDING PRICES LOWER! SUPPLY WILL HAVE TO MEET DEMAND AND THE REAL WAR WILL BE FOUGHT ON THE EXTRACTION PRICE LEVEL WHICH IRAQ HANDILY WINS! HOW LONG UNTIL REALITY FOR THEIR MARKET ECONOMY AND THE RETURN TO SUPPLY AND DEMAND ON BLACK GOLD? NOT LONG...!! AS WE NEAR THE END OF FEBRUARY ITS ONLY 30 DAYS TILL SPRING AND WHAT A SPRING WE WILL HAVE! EARLY MARCH WILL ROCK!!! I ESPECIALLY LIKE THE 48 TONS OF SECURITY (Gold) IRAQ BOUGHT BY ADDING TO ITS RESERVES WHICH WAS SPECIFICALLY PURCHASED TO SUPPORT THE LAUNCH OF THIS NEW CURRENCY! I ALSO LOVE THE ARTICLES OF THEM CRYING ABOUT NOT HAVING MONEY, DINAR MONEY THAT IS, WHILE THEIR SEEMS TO BE A COOPERATIVE SPIRIT AMONG THE KURDS AND BAGDAD! 8@8, DOC Oil falls toward $61 as rally's sustainability in question Reuters - Lucy Nicholson | Reuters Oil fell more than $1 toward $61 a barrel on Wednesday, failing to build on gains of over 1 percent in the previous session as analysts said a recent rally was overblown. "The lack of follow-through higher yesterday is a worry and there's plenty of reason to be neutral here and observe carefully," PVM Oil Associates director and technical analyst Robin Bieber said. Oil prices have risen more than 35 percent since hitting an almost six-year low of $45.19 in January, in an ascent fueled by lower industry spending and falling U.S. rig counts. Benchmark Brent crude futures were down $1.03 at $61.50, having fallen to a low of $61.11 earlier in the session. U.S. crude traded at $52.89 a barrel, down 64 cents. "The contracts will look very fragile and accident-prone if one or two more contracts fail to hold key support," Bieber said. Volumes were significantly reduced in early trading as several Asian countries started the Lunar New Year holidays, which last for the rest of the week. BNP Paribas analysts said the recent surge in prices was premature given record-high U.S. crude stocks. "U.S. refinery outages, through seasonal maintenance and industrial action, will weaken U.S. crude demand, exacerbating the crude stock excess in the near term," oil strategists Gareth Lewis-Davies and Harry Tchilinguirian said in a note to traders. Read MoreSullivan: Houston, Wall Street differ on oil U.S. commercial crude oil stockpiles are already at their highest since records began and are expected to have risen again last week by 3.1 million barrels, a preliminary Reuters survey showed on Tuesday. U.S. stocks data from industry group the American Petroleum Institute is due later on Wednesday. Instability in the Middle East helped support the market, however, and Commerzbank analysts said prices could turn positive later on Wednesday following the prior session's 2015 high of $63. "Yesterdays price response shows that oil prices still want to climb," senior oil and commodities analyst Carsten Fritsch said. "Brent ... is profiting from the renewed shift in focus towards supply risks." Egyptian President Abdel Fattah al-Sisi called on Tuesday for a United Nations resolution mandating an international coalition to intervene in Libya against Islamic State militants. Libya's oil exports have collapsed to less than 200,000 barrels per day (bpd), down from 1.6 million bpd before the 2011 civil war, as violence in the country has shut all major ports. http://www.cnbc.com/id/102432925 Oil Rally May Reverse on Rising U.S. Supply By Grant Smith (Bloomberg) -- The rebound in oil will reverse because rising U.S. production is deepening the global supply glut, according to UBS AG, Bank of America Corp. and Commerzbank AG. Related Stories Crude Oil Bears Betting on Supply Glut Miss Market Rally Bloomberg Goldman Sees Oil Rally Fading With Further Cuts Needed Bloomberg Crude Trades Near Two-Month High as Drilling Slows in U.S. Bloomberg U.S. Rigs Are Being Idled, but the Oil Boom Is Not Ending Bloomberg U.S. Rigs Are Being Idled, But the Oil Boom is Not Ending Bloomberg Brent futures entered a bull market this month as U.S. drillers stopped using a record number of rigs, companies cut at least $40 billion from spending plans and hedge funds turned the most bullish in seven months. None of that will stop Brent slipping back to $45 a barrel or lower within the next three months, from about $61 now, the banks’ analysts say. Prices fell as low as $45.19 on Jan. 13. The highest U.S. oil production in three decades won’t be curtailed by the idling of rigs and inventories will keep expanding, according to UBS. The rally has been based on sentiment rather than the fundamentals of supply and demand, Commerzbank says. As storage space fills up, producers will need to discount to sell barrels, Bank of America predicts. More from Bloomberg.com: Kenyan Stocks Attract Nigerian Buyers in Rally to Record High “Oil prices should again come under pressure,” said Giovanni Staunovo, an analyst at UBS in Zurich who expects Brent to reach $40 in the next three months. “Production is likely to rise further and inventories will continue to rise. This means the market will remain oversupplied in the first half of 2015.” Brent’s advance to a two-month high of $62.57 on Monday prompted some members of the Organization of Petroleum Exporting Countries to signal confidence in a recovery. Qatar’s Energy Minister Mohammed bin Saleh Al Sada said that “a sense of optimism” has returned, while Kuwaiti minister Ali Al-Omair said the supply glut is smaller than previously estimated. Rigs Idled U.S. oil explorers have idled rigs for 10 consecutive weeks, extending an unprecedented retreat in drilling and dragging the total rig count down to the lowest level in almost five years, data from Baker Hughes Inc. showed Feb. 13. The cut would need to be deeper to halt growth in output, according to Goldman Sachs Group Inc. The increasing efficiency of drillers and lower costs combined with moving rigs to the most productive areas mean the nation’s output won’t decline, Bank of America estimates. More from Bloomberg.com: Dubai Property Set to Tumble as Currency Adds to Woes The retreat in drilling has made some speculators more bullish on oil prices. Their bets on Brent crude were the most bullish since July in the week to Feb. 10, according to data from the London-based ICE Futures Europe exchange. Money managers’ net-long wager on rising prices rose 13 percent to 158,974 contracts, the highest since July. The U.S. Oil Fund LP, an exchange-traded fund tracking crude prices, attracted $1.15 billion of investor money last month, the most in six years. Drilling Drops The threat of weaker U.S. oil production that is helping to drive the rally in prices is genuine, Paul Horsnell, an analyst at Standard Chartered Plc in London, wrote in a report Feb. 16. The decline in drilling will be sufficient to halt monthly growth in U.S. production as early as April, and higher-cost output elsewhere in the world will also falter, he said. U.S. crude production averaged 9.23 million barrels a day through Feb. 6, the most in weekly Energy Information Administration records dating back to January 1983. “Could we already be past the worst? We don’t think so,” Francisco Blanch, the New York-based head of commodities research at Bank of America, said in a report Feb. 13. “We continue to believe that neither supply nor demand will respond materially near-term,” said Blanch, who predicts Brent will fall below $40 in the next two months. Inventories in developed markets may expand from the highest level in more than four years, completely filling land-based storage by the second quarter, Bank of America estimates. Sellers will need to widen the discounts on immediate supply, known as contango, in order to clear the glut, the bank says. Second Quarter West Texas Intermediate, the U.S. benchmark, will need to fall below $30 to really stifle investment in new supply, Ed Morse, the head of commodities research at Citigroup Inc. in New York, said in a report Feb. 9. The low point for prices will probably come at the start of the second quarter, he said. WTI lost 81 cents to $52.72 a barrel in electronic trading on the New York Mercantile Exchange at 10:50 a.m. London time. The bullishness among hedge funds was driven by a reduction in bearish positions, rather than additional bullish bets, signaling traders are still cautious that the rally will last, according to Ole Hansen, an analyst at Saxo Bank A/S in Oslo. “The current rebound is very much driven by liquidity, sentiment, momentum and investors and not so much the fundamentals,” Eugen Weinberg, the head of commodities research at Commerzbank in Frankfurt, wrote in an e-mail. “The fundamentals do not support this bullish view yet.” http://finance.yahoo.com/news/video-oil-rally-may-reverse-105927214.html

Robdel and Backdoc Thoughts from KTFA Wednesday Night - 1/21/2015 Robdel » January 21st, 2015, 8:05 pm Backdoc, I was thinking....(that's dangerous) a what if scenario. Since many countries are considering doing what the Swiss did, wouldn't that make Germany jittery to get out before they are left holding the proverbial bag and lose their shirts/shorts/sock & Shoes? I would not be surprised if tonight into tomorrow we see another shoe fall in the Eurozone! I feel with each new step will bring more impactful repercussions as a 'run-on-the-bank' type event begins to hit. And to those companies playing with derivatives, your next! .... Backdoc: IMO GOOD THOUGHTS MY FRIEND! IF GERMANY EVEN BLINKS THE EURO IS DEAD. THEY MAY BE COOPERATING SINCE THEY ALL KNOW THEY NEED TO BE AT PARITY NOW! ONCE PARITY IS REACHED IT MIGHT LESSEN THE FINANCIAL CARNAGE ONCE THE DOLLAR, EURO, AND POSSIBLE GBP ARE EQUAL IF THE PLANS TO WALK AWAY FROM THE EURO INDEED HAPPEN. WITH THE ROYAL MINT SELLING GOLD NOW AFTER 47 YEARS, MAYBE THIS IS A BEGINNING MOVE TO REDUCE THE VALUE OF THE GBP TOWARD PARITY TO THE DOLLAR AS WELL! TIME WILL TELL. AT LEAST THEY ARE DOING IT RIGHT BY SELLING GOLD FIRST AND HOLDING DOLLARS SINCE DOLLARS ARE GOING UP AND GOLD IS GOING DOWN!! "THE NEW NORMAL AS IRAQ WILL DETERMINE", WILL INVERSELY AFFECT THE DOLLARS’ VALUE!!! DID I JUST SAY THAT? OK, SO NOW YOU KNOW WHAT I THINK ABOUT THE VALUE OF "BLACK GOLD”! IF YOU REMEMBER TO THINK OF OIL AS A CURRENCY IT WILL BEGIN TO MAKE SENSE TO YOU! ALL CURRENCIES ARE COMPARED ONE TO ANOTHER BUT IN THIS UNIQUE CASE THE DINAR IS BLACK GOLD ESSENTIALLY FOR NOW! IT IS 100% COMPARED TO THE DOLLAR WITH BLACK GOLD BECAUSE THEIR ECONOMY HASN’T HAD TIME TO DIVERSIFY YET! 8@8, DOC IMO

Backdoc at KTFA: "Time, Time, Time" - 1/17/2015 Backdoc: IMO TIME, TIME, TIME PARITY OR CONSOLIDATING MAY BE THE STRATEGY OF THE EMPIRE! WE ALL HAVE BEEN WATCHING A MAGNIFICENT DISPLAY OF POWER BY OZ! (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI) WE SEE THE TWO BLACK GOLD CURRENCIES COME TWO PARITY WITHIN TWO TRADING DAYS AFTER IRAQ LOWERED ITS PRICE TO EUROPE AND RAISING IT TO ASIA! WOW! THIS NOW ESSENTIALLY GIVES THE SAME PRICE TO EUROPE AS THE U.S.! FOR AS LONG AS I CAN REMEMBER THIS WAS NOT THE CASE! .... THIS POWER MOVE IS THE TRIGGER MECHANISM FOR MORE PARITY TO COME! FOR SOME REASON, AS I MENTIONED ONE POSSIBILITY, THE EMPIRE WANTS UNIFIED PRICING TO THE EU! IF YOU BUY INTO MY THEORY IT WOULD BE NATURAL FOR THE SWISSY TO DEPEG FROM THE EURO! WITH MORE SHOES TO DROP, MY SIZE IS 11 BY THE WAY IF ANYONE HAS SOMETHING SPECIAL TO SEND ME, HEEE HEEE, I SUSPECT THE DEFLATION PROCESS MUST NOW OCCUR! THIS PROCESS WILL BRING THE EURO IN PARITY WITH THE DOLLAR SOON BUT WILL IT KEEP GOING SO THAT THE EURO WILL WANT TO BE ABANDONED? MMMMM THEN, PARITY TO THE GBP CAN BE ATTAINED! IF SO THE EMPIRE WILL BE UNIFIED UNDER A STRONGER THAN EVER WORLD RESERVE CURRENCY, THE US DOLLAR!! REMEMBER, I TOLD YOU TIME IS THE ENEMY OF THE BRICS! THE LONGER THE EMPIRE CAN OVER SUPPLY BLACK GOLD AND DECREASE DEMAND BY DEFLATION ...THE CLEANEST DIRTY SHIRT IN THE LAUNDRY WINS! IN THE SHORT TERM TROUBLES IN THE MARKET WILL SCARE INVESTORS TO THE YELLOW CURRENCY FOR SECURITY AS THEY ALWAYS HAVE IN THE PAST WHEN TROUBLE COMES! ONLY THIS TIME THEY WILL BE FOOLED! IN THE SHORT TERM IT WILL GIVE A BOOST TO THE YELLOW CURRENCY BUT, TIME! TIME! TIME! WILL EAT AT THE YELLOW METAL PRICE AS COUNTRIES GIVE UP THEIR HARD CURRENCY RESERVES AND YELLOW CURRENCY TO SUPPORT THIS DEFLATIONARY EFFECT OF A RISING DOLLAR! MMMMM AND MAY I ASK YOU, WHAT HARD CURRENCY ARE THEY GOING TO GIVE UP? RIGHT MOSTLY DOLLARS!! SO WHAT HAPPENS WHEN THEY SELL THOSE DOLLARS TO BACK THEIR CURRENCY? RIGHT!!! IT CREATS DEFLATION, A STRONGER DOLLAR! MMMM WITH THE BIS, "BANK OF INTERNATIONAL SETTLEMENTS” IN THE LAND OF THE SWISS I’M NOT SURPRISED THE FIRST DEPEGGING FROM THE EURO OCCURRED THERE FIRST. LET’S TALK U.S. BONDS A BIT. REMEMBER SEVERAL MONTHS AGO I SHARED THAT THE FEDERAL RESERVE WARNED THE MARKETS THAT THEY MAY CHARGE A FEE TO BIG HOLDERS OF BONDS IF THEY DECIDED TO EXIT OR SELL THEM! WONDER WHY? WELL, AS WE SEE INVESTORS FLEE FOR SAFEST BONDS IN THE WORLD THE YEILD CURVE IS FLATTENING! ONCE IT INVERTS WHICH IS BEGINNING TO HAPPEN THE SAFETY IN WORLD MARKETS ARE AT SEVERE RISK! THERE IS NO LONGER DEBATE AS TO WHETHER THERE IS DEFLATION NOW, HOW THE FED HANDLES IT IS EITHER PROOF OF OUR THEORY OR NOT! DO THEY WANT DEFLATION FOR REASONS AS I MENTIONED OR IS IT JUST A PROBLEM SOLVED BY MORE QE IN THE US!! I THINK YOU KNOW MY OPINION NOW! ACTIONS HELP US UNDERSTAND WHERE WE HAVE BEEN AND WHERE WE ARE GOING NEXT! ASSUMING THE US TREASURY HOLDS A SIGNIFICANT AMOUNT OF DINAR, OZ LAND WILL NEED TO MAKE ADJUSTMENTS IN CENTRAL BANKS AS A RESULT OF THAT! WE KNOW THE EMPIRE DOES CURRENCY SWAPS WITH COUNTRIES ALL THE TIME. UNFORTUNATELY WE AREN’T PRIVY TO OZ’S PLANS BEHIND THE CURTAIN BUT I ASSURE YOU THE EMPIRE IS “ALL FOR ONE AND ONE FOR ALL” !!!! COULD OZ BE IN THE PROCESS OF LEVELING THE PLAYING FIELD AS EVIDENCE BY BRINGING THE TWO BLACK GOLD CURRENCIES TO PARITY? THAT ACTION MEANS SOMETHING BUT WHAT? MMMM TIME WILL TELL US MORE AS WE FOLLOW THE ACTION! THE ACTION TELLS THE STORY!! WE HAVE TO READ THE STORY RIGHT SO WE WATCH FOR EVIDENCE TO SUPPORT OR DESTROY OUR THEORIES! SO FAR WE APPEAR TO BE SPOT ON FAMILY! REMEMBER THE TRIGGER MECHANISM IS BLACK GOLD AND TIME IS A TOOL THAT IS OVERLOOKED!!! 8@8, DOC

For you Frank fans ... LOL...I saw this and thought I'd bring it over to chew on...eat any meat & spit out the bones. Have a great Saturday & weekend.....Blessings, RON Frank26 and KTFA Members Thoughts Saturday Morning - 1/17/2015 PappaJ: DOC, I WAS THINKING ABOUT SOME OF THE THINGS YOU SAID ON YESTERDAY'S THREAD…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and did) BUT THE PROBLEMS WERE NOT CATASTROPHIC BUT SURELY VERY TELLING TO HOW THE MARKET REACTIONS WERE TO THE SHOCK AND THE IMF GOT A GOOD LOOK AT SOME THINGS THAT MIGHT NOT HAVE BEEN PLANNED THAT NEEDED RESOURCES ALLOCATED TO PREVENT FURTHER DAMAGE. DELTA MADE AN INTERESTING COMMENT ON ONE OF THE CC'S LAST IN REFERENCE TO WHAT HE BELIEVED THAT THE DINAR WOULD NEED TO BE IN VALUE WITH THE CURRENT IRAQI MARKET PLACE ----- IF MY MEMORY SERVES ME HE SAID NORTH OF 1.40 USD VALUE QUITE A DEPARTURE FROM EARLIER THOUGHT PATTERNS OF .10 -.30 USD------ T THE REASON I BRING THIS UP IS WHAT HAPPENED WITH THE SWISS FRANC IT STARTED IN THE RANGE OF 1.22USD AND JUMPED 30% ---- IF YOU DO THE MATH THAT BROUGHT IT 'S VALUE TO 1.58 USD VALUE----- YEP IT MADE ME SCRATCH MY HEAD!!!! THE WORD PARITY COMES TO MIND FOR THE FRANC/DINAR ESPECIALLY WHAT WE SAW WITH THE DOLLARS RISE TO.93 PLUS YESTERDAY AND THE EURO DROPPING TO .85--PARITY AGAIN! SOFTENING THE MARKET SHOCK FOR LATER AND POSITIONING RESOURCES TO CURB DAMAGE TO MANY ECONOMIES !!!! ( TOUCHE BAKERS DOZEN &CL) YES SOME HICCUPS WITH THE FRANC THAT NEEDED TO BE FIXED AND THAT IS THE WHOLE POINT! THESE HICCUPS WERE NOT TOTALLY DEVASTATING BUT IF THESE TYPE OF THINGS HAD HAPPENED WHEN THE DINAR REVALUES IT COULD HAVE BEEN CATASTROPHIC TO THE MARKET BECAUSE I BELIEVE THE DINAR IS THE LYNCH PIN CURRENCY FOR THE GCR AND COULD HAVE CAUSED A DOMINO EFFECT OF MARKETS CRASHING FROM OVER LOAD. OK AM I A CLOWN ON THIS OR LIKE THE ROBINSON FAMILY --LOST IN SPACE? ********** circuitrider3 » January 17th, 2015, 11:22 am IMO One reason the Iraqi Dinar will not have the same repercussions in world markets is that it is not internationally traded like the Swiss Franc. People will not lose purchasing power due to the RV in fact people with IQD will be the winners. Iraqi products won't become inflated because their main product is oil and that is bought and sold in USD. IMO it will affect the USD to drive it stronger due to the increased activity in the US. Think of the tax windfall to the US Tres. We plan to buy a house, newer car, some precious metals, get some dental work done, give to several ministries and etc.. We will pay taxes on the capital gains of every dinar we exchange and sales taxes on items we buy. How many US citizens have dinars ? certainly more than a million. That is a lot of capital flowing around in the system. Add to that the possibility that all the debt purchased by our FED from the US Gov. will be paid off in US Treasury held Dinars. Those Dinars will be held as foreign currency reserves rather than the bonds they replaced. A much stronger balance sheet for the Fed to say the least! So, IMHO there will be a season of great benefit to the US economy and governments: Fed, state and local. And the doom and gloom predicted by many will be put off a year or two. Frank26: PappaJ…. IMO : AND THE CROWD GOES WILD .......... STANDING OVATION AND BRAVOS ABOUND !!! Why? Because I gave the same to PAPPA on a post yesterday that went something like this : " Surprised? ....... Or A Plan ..... An Agreement ...... " Then one more post to PAPPA ........... " Trust me The IMF ...... IS NOT DUMB !" THREE FACTORS are NOW DONE. It is a TURN for others. Let me ask You ........ If The FRANC JUST did this then what currency in Your opinion do You believe will be THE NEXT ONE to do ........ The Same? This is not a test of the mike .......... This is a START of many M R 's. (Monetary Reforms) BTW .......... NOT ALL will be happy ........ Some going UP some going DOWN. OK ....... OK ...... IMO ....... BTW ....... YOU ........ Said BUTT yesterday!!! Monday's CC will be fun and informative. E 1 should come ......... He would eat this stuff up LOL !!! For TEN YEARS PLUS the 5 rebel Nations plotted against the POWERS of Earth ........ That was a BIG MISTAKE. Many things have been secured for Iraq .......... Like crumbling BRICS that tried to build a foundation with such porous bricks of their own. The EURO's back can rest for a second or two right now. Nam reminds me of the KURDS. They separated from the lost flock and established a growth for themselves by cooperating with ......... The World Powers. IMO ........ Communism can not do this. IMO the Dong is going to benefit greatly from this bonding. Nam's exports do not need China help nor does it need her oil. They made a better deal with ............ Others. Even the Looney will see prosperity via the UDS. ALL of this IMO ONLY of course. (lol) IMO ....... Many things .... Stages ..... Mechanisms ..... Banks ..... ect in many countries are primed and set for some economic and currency changes. Why? Because many economies are dying. Bye Bye Russia ....... The second time around. Iraq's economy is failing and how did DR S say was THEIR SOLUTION to this disaster ? By CHANGING their MONEARY POLICY. HEY SWISS ........... How's Your economy? Sucks lately but WE just fixed it. How may I kindly ask? By changing our MONETARY POLICY. Oh ...... I see..... TY. Is this an IMF thingy ? WE just fixed it. WELL .......... Hot Dogs and Hot Chocolate !!! So what's the moral of this Blue Post? Be patient with TEAMS and I .......... Allow me and my STAFF and TEAMS to do what we do ........... NOT what is DEMANDED of us by rudeness and personal desires. Want to THANK those that are posting with inspiration and support. All Humans wish to be recognized for their efforts not chastised for them. I am not perfect ....... NOT EVEN CLOSE to normal .......... But STAFF and I are not here to hurt You. So Sorry if I cause anyone hurt in any manner. Was told this week that if I do not know an answer just say so don't be so illusive or irresponsible. LOL actually their words were more descriptive and colorful. Sadly and I mean PROFUNDLY SAD that they forget I protect MANY that make up our MONDAY CCs. So when I post an answer to a qt and it is not liked by 1 to 4 ............. But appreciated by 1000's others in postings ... Calls ... Emails ... PMs... Visits .... Gifts ... Then at inner Peace is where You will find ................... KTFA. Honestly should have not said so much but with Monday so near ........ I WANT TO TALK #@!%$ ......... ......... Can You imagine IF I truly knew what I was talking about let alone doing .................. I Know !!! Behave Frank26 !!! ................. Nope. ALOOOOOOOOOOOOOOOOOOOOOOHA Saturday KTFA FAMILY .......... KEEP POSTING. Tell me how You feel about the FRANC and JORDAN. Show me You desire to share with us today. KTFA Frank