Post From KTFA By backdoc » July 9th, 2015,
CONTRACTS TRADE AND CURRENCIES Part 1 of 2
THANKS TO THUNDERHAWK AND PAPAJ FOR DISCUSSIONS AND PICS!
AS I STATED IN "RIDE THE PAINTED PONY," CHINA IS IN A PROCESS OF LOWERING ITS STOCK MARKET PRICES SO THAT THE YUAN CAN INCREASE IN VALUE.
CURRENTLY, CHINA HAS HALTED TRADING ON 1300 COMPANIES WHICH IS 43% OF THEIR MARKET. HOPEFULLY THEY WILL FIND A STABILIZATION POINT SOON!
THIS IS WHY I WAS COINING THE PHRASE OF CREATING THE NEW "GLOBAL REALITY VALUE"!! ONCE CHINAS' MARKETS CAPITULATE OR FIND ITS "GLOBAL REALITY VALUE", THE YUAN WILL RISE INVERSELY TO THEIR STOCK MARKETS!
THIS WILL ALLOW THE NEW "GLOBAL REALITY VALUE" TO BE ESTABLISHED!
ARE THE U.S. MARKETS STARTING TO BE AFFECTED BY GLITCHES OR CHANGES COMING RELATED TO THE NEW ASSET BACKED SYSTEM ? NYSE HAD TROUBLE TODAY! MMMM
REALIZE THAT ALL COUNTRIES WILL HAVE ASSETS ABOVE AND BELOW GROUND TO HELP VALIDATE ITS CURRENCY VALUES,
BUT TRADE CONTRACTS WILL ALSO HELP DETERMINE THE NEW "GLOBAL REALITY VALUE" TO COUNTRIES CURRENCIES!
LATE LAST NIGHT WE SEE ALL SECRET NEGOTIATIONS ARE NOW COMPLETE BETWEEN THE U.S. AND VIETNAM, PER OUR PRESIDENT!
HE SAID THAT THIS AGREEMENT WILL BRING SECURITY TO THE U.S. WHY?
80% OF THE CONTRACTS IN VIETNAM WILL BE SETTLED IN DOLLARS! WOW! NOW THATS SECURITY FOR THE DOLLAR.
VIETNAM WINS TOO BECAUSE PRICING ON THOSE CONTRACTS HELP PAY FOR A STANDARD OF LIVING FOR ITS' PEOPLE AS WELL!
THIS WILL BE A MAJOR TRADE PARTNERSHIP BETWEEN THE TWO COUNTRIES!
OBAMA ALSO SAID THAT VIETNAM IS MOVING FROM ITS PAST HISTORY INTO A NEW ERA! IN MY OPINION THAT MEANS THEY WILL STAND ON THEIR OWN WITH A CURRENCY OF THEIR OWN AND WILL BE LOOKED AT AS AN EQUAL PIER A P GLOBAL PARTNER! MMMMMM
WHOEVER CONTROLS TRADE CONTRACTS, CONTROLS CURRENCIES AND VALUE!
WELCOME TO THE NEW NORMAL!
WATCH WHAT HAPPENS WHEN THE WORLD FINALLY LEARNS THAT NEGOTIATIONS ARE DONE WITH GREECE AND IRAN. ISN'T IT FUNNY THAT THEY BOTH KEEP GETTING EXTENDED TOGETHER? MMMM
REALIZE WHEN 700 MILLION BARRELS OF OIL PER DAY (BASED ON ANALYSTS), START TO HIT WORLD MARKETS.
IT WILL BE LIKE A BOMB TICKING AND READY TO BLOW IN JUST A FEW WEEKS AS BLACK GOLD, (THE UNIVERSAL CURRENCY), BEGINS TO SATURATE MARKETS WORLDWIDE!
A NEW GLOBAL LANDSCAPE WILL DEVELOP FOR BLACK GOLD!
THE SAME WILL BE TRUE FOR OTHER INDUSTRIES IN ALL COUNTRIES! CAN I QUIT NOW? SLAP! NO! GET BACK TO WORK DOC, FOCUS! OK, SORRY!
FROM WHAT I HEAR THE U.S. CAR MARKET IS GOING TO GET HURT HERE AS WELL AS COAL AS I MENTIONED EARLIER. WHAT WILL IT BE IN CHINA, RUSSIA, UK?
MMMM EVERYONE WILL LOSE AND GAIN SOMETHING!
SOON THE WORLD WILL BEGIN TO RESHAPE ITS' SELF BASED ON THESE NEW TRADING AGREEMENTS AND CONTRACTS! WHEN MIGHT THAT START? MMMMM
OCTOBER IS THE NEW FISCAL YEAR, IS IT NOT? MMMMM
I MIGHT BE DING DONG DOC BUT IT SEEMS THAT YOU WOULD WANT TO HAVE MONEY IN THE "ASSET BACKED BANK" BEFORE YOU PAY BILLS WITH THE NEW SYSTEM, IF YOU CATCH MY PROVERBIAL DRIFT! LOL
Timeline of China's attempts to prevent stock market meltdown
The Chinese government has taken a series of steps since late June to stave off a crash in its stock markets, which plunged nearly 30 percent over the previous three weeks since touching a peak on June 12, hit by tight liquidity conditions ahead of the quarter-end and uncertainty over the central bank's easing policy.
** June 27 (Saturday) - China's central bank cuts guidance lending rates and trims the amount of cash that some banks must hold as reserves, in a move widely interpreted as mainly a step to support the slumping stock market.
** June 29 - Markets continue to crash. The state-backed provider of margin financing, China Securities Finance Corp, publicly says that the risk of margin trading is controllable and margin calls are relatively small.
Later in the day, China says it will allow pension funds managed by local governments to invest in the stock market for the first time, potentially channeling more than 1 trillion yuan ($161 billion) into the equity market.
The China Securities Regulatory Commission (CSRC) issues a statement, attacking pessimists for "talking down" the Chinese market and economy, urging investors to remain calm.
Rumors swirl about pending policy interventions, including a freeze on IPOs, official instructions to institutional investors not to sell shares, and the implementation of a stamp tax on share sales to dissuade selloffs. None are confirmed although some companies announce share purchasing plans. The securities regulatory continues to approve IPOs.
Benchmark indexes shrug off the monetary easing to end down over 3 percent after a day of see-saw trade, leading domestic media to call it "Black Monday". The Shanghai Composite Index closes down 3.3 percent.
** June 30 - Rumors spread that some overseas and domestic institutions had deliberately sold short to damage the market.
China's Financial Futures Exchange denies rumors that foreign investors, including Goldman Sachs, have been shorting Chinese stocks using index futures.
Primary indexes post a sharp recovery in afternoon trade to end up over 6 percent, the CSI300 index's best single-day gain since 2009. SSEC closes down 5.5 percent.
** July 1 - Stocks tumble again, surrendering much of the previous day's sharp gains to end down around 5 percent. After markets close, the Shanghai and Shenzhen stock exchanges announce plans to lower securities transaction fees by 30 percent from August.
Key indexes plunge again, surrendering much of the previous gains. SSEC closes down 5.2 percent.
** July 2 - The CSRC announces relaxation of rules on margin trading before market open, lowering threshold for individual investors to trade on margins and expanding brokerages' funding channels.
The CSRC announces setting up a team to look into illegal manipulation and investigate cases if needed.
Key indexes end down sharply. SSEC down 3.5 percent.
** July 3 - China Financial Futures Exchange (CFFEX) suspends 19 accounts from short-selling for one month, sources with direct knowledge tell Reuters.
Benchmark indexes slump again despite the regulator's efforts to stop the slide. SSEC loses 5.8 percent.
** July 4 (Saturday) - China's top 21 securities brokerages pledge to invest at least 120 billion yuan ($19.33 billion) collectively to help stabilize the country's stock markets.
Twenty-eight Chinese companies planning to list on the country's stock exchanges say they would suspend their initial public offering plans.
** July 5 (Sunday) - China state-owned investment company Central Huijin Investment Ltd says it has recently purchased exchange-traded funds (ETFs) to support the market and will continue to do so.
The CSRC announces that People's Bank of China (PBOC) will inject liquidity directly to the state-backed margin finance company to stabilize the tumbling stock market.
** July 6 - Main stock indexes open up more than 7 percent on the rescue measures, but give back most gains during the day to close up 2.4 percent. Companies continue to rush to halt trading in shares.
** July 8 - Chinese regulators come out with another series of support statements and measures, most of them in the morning before market open, in particular raising margin requirements for short positions taken against the small-cap CSI500 Index, and making it easier for insurers to buy blue chips. The CSRC warns of "panic" and "irrational selling" in the market.
At this point more than 40 percent of listed companies have successfully requested trading halts.
SSEC closes down 6.75 pct.
Comments may be made at the end of Part 2 Thank You