Liberalism’s Seigniorage Of Investment Choice Is Passing Away; It Is Being Replaced By Authoritarianism’s Seigniorage Of Diktat

1) … Commentary on financial market trading for the week ending August 30, 2013

This week the chart of the S&P 500,$SPX, shows a 1.8% decline. The Eurozone, EZU, -5.2, India, INP, 3.1, Brazil, EWZ, 3.1, RSX 3.3, Emerging Markets, EEM, 3.1, Nikkei, NKY, 2.7, Russell  2000, IWM, 2.7, China, YAO, 1.5, and Asia Excluding Japan, EPP, 1.5.

 

The $US Dollar, $USD, rose 0.9% to close at 82.10, at the edge of a massive head and shoulders pattern going back to March 2013. The Yen, FXY, traded +0.5% higher; but the Swedish Krona, FXS, -2.0, the Brazilian Real, BZF, -1.9, the Australian Dollar, -FXA 1.4, the Euro, FXE -1.2, the Swiss Franc, FXF, -1.0, and the British Pound Sterling, FXB, -0.5.

 

Sectors and countries traded lower this week reflect the failure of banking and nation investment.

 

Nation Investment, EFA, -3.9%, Small Cap Nation Investment, IFSM, -3.8%.

 

Financials, IXG, -3.5, EUFN, 5.9, KRE, 4.9, RWW, 3.1, KCE, 3.1, IAI, 2.8, EMFN, -1.7,  CHIX, -1.5, 

 

Mining and Metal Manufacturing, PICK -5.3, XME 4.5, SLX 4.4, URA 3.4, KOL, 3.3

 

Gold and Silver Mining, SSRI, -11.6,  SIL 5.3, SILJ, 3.2, EGO, 7.7, GDX 6.6, GDXJ, 6.1

 

Sectors from 30 credit and currency trade leveraged sectors seen in this Finviz Screener trading lower included  XIV -13.9, EUFN 5.9,  FLM 4.4, TAN 4.3, GNW 3.9, RZV 3.8, CARZ 3.7, XTN 3.5, PSCI 3.5, IGN 3.3, FXR 3.2, RWW 3.1, SPHB 3.0, PBJ 2.9, IAI 2.8, PPA 2.7, PSP 2.4, XRT 1.3, and SMH 1.2.

 

Of note, the strong sell of the Eurozone Financials, EUFN, drove, European Nations, Germany, EWG, Spain, EWP, Netherlands, EWN, Italy, EWI, Greece, GREK, and Ireland, EIRL, lower, driving down the value of Eurozone Treasury Debt, EU, as is seen their combined ongoing Yahoo Finance Chart.

The World has passed from liberalism to authoritarianism on the fast rise in the Interest Rate On The US Ten Year Note, ^TNX, to 2.78%, as the US announced plans for a war in Syria. 

Liberalism was fathered by Milton Friedman, who laid the bedrock of Free To Choose economy, with proposing floating currencies, and an abandonment of the gold standard, which featured the development of a Leveraged Speculative Investment Community, where The Too Big To Fail Banks, RWW, Investment Bankers, KCE, and the Asset Managers, such as Blackrock, BLK, seen in this Finviz Screener, coined Liberalism Stock Wealth, VT, with stocks of all kinds such as Life Insurance Company, GNW, Retailer, PSUN, ETFs of all kinds such Small Cap Pure Value Stocks, RZV, and Mutual Funds, such as VICEX.

Jesus Christ acting at the helm of the economy of God, that is in dispensation, of all things economic and political, Ephesians 1:10, produced the sovereignty of democracy, Crony Capitalism Militarism, European Socialism, and Greek Socialism Clientelism, which flourished as the Speculative Leverage Investment Community, IXG, helped give seigniorage, that is moneyness, to Nation Investment, EFA, and Small Cap Nation Investment, IFSM, Global Industrial Production, FXR, all of which soared in value based schemes of credit and carry trade investing, such as Dollarization, POMO, and the EURJPY.

With the failure of Credit, AGG, Money, DBV, CEW, Nation Investment, EFA, Small Cap Nation Investment, IFSM, Global Industrial Production, FXR, and Wealth, VT, Authoritarianism is rising as the new global economic and political paradigm, and features sovereignty of regional nannycrats and regional bodies. 

Auhoritarianism is fathered by Angela Merkel, who is engineering the debt servitude economy, under the sovereignty of regional governance and totalitarian collectivism.  She is quoted by the Telegraph saying in the Telegraph, Greece should never have been allowed in the euro, and puts the blame on former chancellor Gerhard Schroeder. The debt servitude economy, is seen in the Daily Europe report that references a Tagesspiegel article which argues that Greece must be given more help, either by writing off some of its debts or with a fresh bailout, Commentator Harald Schumman argues.

2) … Bible prophecy provides a timeline for two soon coming middle east wars.

In Book Going to Tehran, Professor Hillary Mann Leverett presents the idea that America needs to renounce 34 years of failed policy.

An inquring mind asks, what failed policy? The US reigns supreme in the world, largely coming from the fact that the US Federal Reserve has pursued an interventionist monetary policy, that up until May 2013, drove down interest rates, and enabled the US Dollar to serve as the world’s reserve currency, providing monetization of debt and carry trade financing galore for moral hazard based investment choices, providing great reward to those invested in a number of investment vehicles, such as 1) vice mutual funds like VICEX, 2) retail stocks like PSUN, 3) small cap value ETFs, like RZV, 4) nation investment, like EIRL, and 5) global banks, like LYG.       

Her thought line presents the concept, Why the United States must come to terms with the Islamic Republic of Iran.

I reply that God never desired that there be any coming to terms with Iran; instead He destined that there be two global kick ass empries, the UK and the US, as foretold in bible prophecy of the statue of empires, seen in Daniel 2:25-45, where liberalism’s two iron legs of global hegemony fail, and a ten toed kindgom of authoritarianism would rise to rule the world, with its toes being regional zones of iron diktat combined with clay democracy, a miry mixture that cannot be sustained; and which will usher in the tyranical end time one world government lasting three and one half years, that is rule in the time known as Great Tribulation.

Yes the US is going to war with Iran; but first, the Isaiah 17 war is coming, where Damascus will be totally obliterated, destroyed, and utterly wiped out; by who, or what, I do not know; but God said it and I believe it.

Then comes the Ezekiel 38 War, a massive middle east confligration, with destination Tehran Iran by Western powers, and destination Jerusalem by Islamic powers.

 

There will never ever be another realigning of relations with the People’s Republic of China like that in the early 1970s; instead, bible prophecty foretells that a Sovereign System, Revelation 13:1-4, a Sovereign Ruler, Revelation 13:5-10, and a Sovereign Prophet-Banker, Revelation 13;11-18, will come to rule first the Eurozone, and eventually the entire world.

The Sovereign Ruler is known as the Prince who is to come; this Price of the People, will move from Europe to establish his world wide kingdom in Jerusalem, Daniel 9:25.

And then after much global tribulation, this King of the North, will meet his doom on the plains of Megiddo, about 70 miles north of Jerusalem, when the King of the South, Daniel 11:1, and Daniel 11:40-42, and where a 200 Million army man led by the king of the East, will come to challenge him, at which time, Christ will return to establish his Millenial Kingdom.

3) … The Eurozone has achieved Peak Prosperity …. Liberalism’s seigniorage of investment choice is passing away; it is being replaced by authoritarianism’s seigniorage of diktat

Liberalism’s financialization of ADRs of Eurozone companies, especially those in Ireland, EIRL, specifically ICLR, RYAAY, CRH, STX, COV, IR, WCRX, FLTX, as well as European Financials, EUFN, such as Ireland’s Bank, IRE, Spain’s Bank, SAN, and Germany’s Bank, DB, together with the OCB’s interventionist monetary policies of LTRO1, LTRO2, and OMT, together with the leverage of the EUR/JPY carry trade scheme, not only created a great moral hazard based propsperity, but  have been responsible for Markit Eurozone Manufacturing PMI® showing Eurozone Manufacturing PMI running to a 26-month high of 51.4 in August, 2013, compared to 50.3 in July 2013.

Jesus Christ operating at the helm of the Economy of God, Ephesians 1:10, enabled the bond vigilantes to rapidly call the Interest Rate on the US Ten Year Note, ^TNX, higher to 2.01% on May 21, 2013, which terminated Emerging Market Investment, EEM, Utility Stock Investment, XLU, and Real Estate Investment, IYR, such as REM, REZ, ROOF, and FNIO.  And the further fast rise of the interest rate on August 13 2013, to 2.71%, constituted an “apocalyptic event” which terminated fiat money, in particular Major World Currencies, DBV, and Emerging Market Currencies.  And then the announcement of war in Syria, on Saturday, August 24, 2013, quickly drove the Interest Rate even higher to 2.75%, with the result that on Friday August 30, 2013, Volatility, XVZ, entered an Elliott Wave 3 Up, as Eurozone Financials, EUFN, such as NBG, SAN, led Eurozone Stocks, EZU, such as ENL, ALU, SI, CNH, NOK, SNY, NVO, QGEN, MT, TS, LUX, BUD, CGG, DEG, AEG, ING, and Nation Investment, EFA, and Small Cap Nation Investment, IFSM, such as Spain, EWP, Germany, EWG, Italy, EWI, Ireland, EIRL, Greece, GREK, Netherlands, EWN, Norway, NORW, Sweden, EWD, and Switzerland, EWL, lower, inducing the currency carry trade, EURJPY, to close the week 2% lower at 129.75, which constituted “a global financial system meltodown event”, with Global Financials, IXG, manifesting a 3.5% downturn for the week and a 4.8% downturn for the month.

Under the sovereignty of democracy, Crony Capitalism Militarism, European Socialism, and Greek Socialism Clientelism, flourished as the Speculative Leverage Investment Community, IXG, helped give seigniorage, that is moneyness, to Nation Investment, EFA, and Small Cap Nation Investment, IFSM, Global Industrial Production, FXR, all of which soared in value based schemes of credit and carry trade investing, such as Dollarization, POMO, and the EURJPY, to produce liberalism’s peak prosperity and peak manufacturing output, as measured in the Markit Eurozone Manufacturing PMI® .

But now with the death of fiat money, DBV, and CEW, together with a global financial system meltdown, Jesus Christ has terminated liberalism, and is initiating ever increasing authoritarianism, where the Markit Eurozone Manufacturing PMI® , will be turning lower, as inflationism turns to destructionism. 

Authoritarianism features the diktat money system, where diktat money is defined as the compliance required, as well as the trust that is engendered, the debt servitude that is enforced, and the austerity schemes that are experienced, such as heavy losses on large bank deposits via bailins, levying additional taxes, privatizations, capital controls, import curbs of branded items, sale of a country’s central bank’s gold reserves, fiscal councils, such as those reported on by the IMF, Case studies of fiscal councils and The functions and impact of fiscal councils, and statist public private partnerships, which oversee regional economic commerce, trade, and the factors of production, when sovereign regional leaders, that is nannycrats, such as Jeroen Dijsselbloem, President of the Eurogroup, and Michel Barnier, EU Commissioner responsible for internal market and services, as well as sovereign regional sovereign bodies, such as the ECB, invoke mandates for regional security, stability, and sustainability. And diktat money is seen in countries with high current account deficit, such as in India, where import duties have been declared on the import of gold, and the import of gold coins banned; and such as in Indonesia, where curbs are placed on the import of luxury cars and some branded goods.

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