7-9-15 MY LADIES (Chat):  HI, GOOD MORNING EVERYONE, ARE WE STILL SEAT BELTED IN? I HOPE SO BECAUSE THIS RIDES IS NOT OVER YET.
YESTERDAY WAS SOME ROLLER COASTER RIDE. DO WE THINK THINGS THAT HAPPENED ARE COINCIDENCE??? NO WE DON’T BUT THEN AGAIN WE DON’T REALLY KNOW EVERYTHING EITHER.

WITH OUT SOUNDING LIKE A SENSATIONALIST OR AN ALARMIST I THINK THINGS ARE LINING UP IN THE HERE AND THE NOW!

WE HAVE TOLD YOU OVER AND OVER AGAIN AND HAVE POSTED DOZENS OF ARTICLES TALKING ABOUT THE CURRENT BANKING SYSTEM AND THE NEED FOR CHANGE.

IN THE LAST 48 HOURS WE HAVE SEEN SOME VERY INTERESTING THINGS.

WE HAVE SEEN PRIME MINISTER OF GREECE SHOW UP FOR TALKS WITH A SMILE AND NOTHING ELSE, NO PLAN NOTHING IN WRITING, I THINK HE’S SIMPLY GOING THROUGH THE MOTIONS BUT WE WILL KNOW SOON ENOUGH.

WE SAW BANKS TALKING TO JOE PUBLIC ABOUT THEIR ‘LIVING WILLS” AND THEIR CRASH LANDING STRATEGIES AND WHAT THEY ARE GOING TO DO DURING A BANKRUPTCY, I SAY OK, MOST OF US HAVE KNOWN ABOUT THIS BUT NOW THEY ARE TRYING TO TEACH THE PUBLIC, WHY? WHY NOW?

I FIND THE TIMING INTERESTING. HERE READ ABOUT THEM IT SEEMS LIKE A FIRE DRILL TO ME.

Dick Bove: Living wills no way to run banking industry

http://www.cnbc.com/id/102816093

Big U.S. Banks Refile ‘Living Wills’ After Regulatory Rebuke

New bankruptcy plans are response to criticism from Federal Reserve, FDIC http://www.wsj.com/articles/big-u-s-banks-refile-living-wills-after-regulatory-rebuke-1436212747

Banks’ living wills show Goldman and Morgan imperiled

http://www.cnbc.com/id/102812848

U.S. banks post detailed crisis plans to avoid breakup threat   http://www.investing.com/news/economy-news/u.s.-banks-post-detailed-crisis-plans-to-avoid-breakup-threat-349887

MY LADIES: WE HAVE SEEN THE IMF BEING MORE VOCAL ABOUT US FINANCIAL REFORMS AND MUCH TALK ABOUT THE FINANCIAL STABILITY OVERSIGHT COUNSEL.

IMF: US financial reforms remain ‘incomplete’  http://www.cnbc.com/id/102813840

MY LADIES: TIMING I’M JUST LOOKING AT THE TIMING ALL OF THIS BEING BROUGHT BACK TO THE FRONT OF THE MINDS OF “JOE PUBLIC” WHY NOW?

WE HAVE FIRE DRILLS AND SOMEONE YELLING FIRE.

TIMING.

OK SO MOVING ALONG IN THE LAST 48 HOURS WE SAW BRICS INSTALL THEIR INTERNAL GOVERNORS AND FINISH THEIR FINAL AGREEMENTS AND THEY ARE GETTING READY INSTALL THE BANKS CAPITAL. THIS IS VERY BIG NEWS TOO.

BRICS Bank open for business  http://thebricspost.com/brics-bank-open-for-business/#.VZ5bFvnHlbi

MY LADIES: WE SAW THE USA TURN THE TABLES ON THE IRAN TALKS, VERY GOOD MOVE TO APPLY THE PRESSURE. WE KNOW IRAN HAS 42 VLCC’S ON THE WATER ALREADY HEADING TO THE WEST, WE KNOW THEY HAVE INSURED THAT HUGE SHIPMENT AT A VERY HIGH PREMIUM.

SO WHY? WHY DID THEY DO THAT IF THERE WASN’T ALREADY A DEAL IN PLACE?

NO ONE DOES THAT AND INSURANCE COMPANIES DON’T DO THAT EITHER. SO WE ARE LOOKING AT TIMING.

The US has a new Iran strategy—put your feet up and stay awhile   http://qz.com/447668/a-new-us-strategy-with-iran-put-your-feet-up-and-stay-awhile/

http://www.wsj.com/articles/iran-nuclear-talks-may-continue-for-next-couple-of-days-1436271631

Iran’s Giant Super-Tanker Fleet Eyes Western Waters…Iranian shipping company NITC says its in talks with U.K. marine insurers     http://www.wsj.com/articles/irans-giant-super-tanker-fleet-eyes-western-waters-1435838470

MY LADIES:  LET’S LOOK AT CHINA THAT IS A CRASH IN THE MAKING AND EVERYTHING THEY ARE TRYING TO DO TO STOP THE BLEEDING ARE ONLY BAND AIDS.

IT IS NOT WORKING. WE WATCHED CHINA LOSE 1 BILLION DOLLARS A MIN. YESTERDAY, AND THAT WAS AFTER ALL THE SAFETY PROCEDURES WERE IN PLACE!

THE FALL OUT WITH GREECE, WELL RIGHT THERE ARE 17 TRILLION PROBLEMS COMING OUR WAY.

YESTERDAY THE NYSE HAS A “GLITCH” UMM HUMM A 3 HOUR GLITCH THAT ALSO WIPED OUT ALL TRADE ORDERS, REALLY??? I MEAN REALLY???

WE READ AND STUDY MARTIN ARMSTRONG, HE IS ONE SMART COOKIE RIGHT?

WHAT IS HE SAYING? WHAT DOES HIS ECONOMIC CONFIDENCE MODEL TALK ABOUT FOR OCTOBER? WELL OCTOBER IS THE BOTTOM OF THE MODEL SO WHERE IS THE TOP??

YOU ALL UNDERSTAND THAT WHEN BANKS AND MARKETS FAIL IT IS A PROCESS THAT HAPPENS OVER THE COURSE OF MONTHS RIGHT?

BY THE TIME WE HEAR ABOUT IT THE FAILURE SEEMS LIKE IT JUST HAPPENED IN THE BLINK OF AN EYE. THAT IS NOT THE CASE.

WE HAVE BEEN IN A FAILING BREAKING BANKING SYSTEM FOR A VERY LONG TIME.

  I THINK WE ARE NOW IN THE MIDDLE OF THE SYSTEM CORRECTING.

I THINK THIS IS A VERY CONTROLLED SITUATION AND I THINK IT IS MEANT TO BE ALMOST SEAMLESS. NOW WHAT I MEAN BY THAT IS THAT WHILE THINGS ARE BREAKING AND BURSTING ALL FALLING TO HELL IN A HAND BASKET THEY WILL BE COMING UP THE OTHER SIDE IN THE NEW SYSTEM.

MARKETS WILL BE CORRECTING, SOME WILL BE COLLAPSING AND SOME WILL BE EMERGING, AND I THINK THIS IS WHAT WE ARE SEEING.

GREECE IS COLLAPSING ONLY TO BE EMERGING, IT IS GOING TO CAUSE THE EURO TO SLIDE TO ITS DEATH BUT MANY COUNTRIES WILL EMERGE OK ON THE OTHER SIDE.

IRAN WILL BE EMERGING AGAIN AND IT WILL CAUSE DISRUPTION IN THE MIDDLE EAST MARKETS BUT I THINK IT WILL ALSO CAUSE SAUDI MARKETS TO RETREAT AND IRAQ TO EMERGE AND BEGIN TO TRADE GLOBALLY.

CHINA WILL SLIDE AND CRASH AND THEIR BUBBLE WILL BURST TOO BUT ON THE OTHER SIDE OF IT THEY WILL COME TO THE SDR AS ONE OF 5 RESERVE CURRENCIES.

FOR EVERY ACTION THERE IS A REACTION AND I THINK WE ARE ABOUT TO SEE MANY NEW THINGS.

HOW LONG WILL IT TAKE???

WELL HERE IS WHERE MY CRYSTAL BALL GETS FUZZY BUT IF WE ARE FOLLOWING THE CONFIDENCE MODEL AND ALL THE OTHER SIGNALS FOR THE LAST QUARTER AND IF WE ARE IN THE MIDDLE OF CHANGE.

NOW WELL I WILL GO OUT ON A LIMB AND SAY SOMEWHERE BETWEEN RIGHT NOW AND OCTOBER WE WILL START TO SEE ALL THE EVIDENCE OF THE NEW SYSTEM AND THE CHANGE.

MY LADIES: OK SO HERE IS SOMETHING FOR ALL OF YOU PLEASE GET YOURSELF FAMILIAR WITH MARTIN ARMSTRONG IF YOU ALREADY HAVEN’T BECAUSE WE TALK ABOUT HIM ALMOST DAILY AND I WANT TO BE SURE YOU UNDERSTAND AND ARE NOT JUST FOLLOWING ALONG.

http://www.armstrongeconomics.com/armstrong_economics_blog

MY LADIES: AND HERE IS ANOTHER ONE GET FAMILIAR WITH, NOVA THREW THIS UP YESTERDAY SO WE WILL FOLLOW ALONG HERE AS WELLhttp://www.sovereignman.com/investing/chinas-stock-market-is-the-biggest-bubble-in-history-17230/?inf_contact_key=3c0f6c35030de6a7d5f524a500fdf8f37a5513ebafb85e75d3dd320bd5bda017

MY LADIES: HERE LOOK ALL THAT HAPPENED OVER NIGHT.

China’s Efforts Fail to Contain Market Plungehttp://www.nytimes.com/2015/07/09/business/international/stock-sell-off-unabated-in-china.html

[7:08:11 AM] Princess DD: Ground zero’: China’s stock market crash up close in Shanghai http://www.cnn.com/2015/07/09/asia/china-stock-market-ground-zero/index.html

[7:08:47 AM] Princess DD: China bounce ends five-day losing streak for stockshttp://www.reuters.com/article/2015/07/09/us-markets-global-idUSKCN0PJ00W20150709

[7:10:16 AM] Princess DD: Exclusive: Greek banks face closures, bailout or not – sources http://www.reuters.com/article/2015/07/08/us-eurozone-greece-bankclosures-idUSKCN0PI2KI20150708

[7:11:21 AM] Princess DD: Rise in Chinese equities underpin Asia’s reboundhttp://www.cnbc.com/id/102819750

[7:11:38 AM] Princess DD: Was all of this enough to crash the old system or is there more to come Mary?

[7:13:16 AM] Princess DD: Greece news live: EU bows to Washington pressure for Greek debt relief after Draghi says Grexit ‘hard to prevent’

Tsipras given a midnight deadline to deliver full proposal, as French technocrats drafted in to help draft deal    http://www.telegraph.co.uk/finance/economics/11728175/Greece-news-live-EU-bows-to-Washington-pressure-for-Greek-debt-relief-after-Draghi-says-Grexit-hard-to-prevent.html

[7:37:43 AM] Princess DD: China’s stock market is crashing, and the Chinese are trying to do the exact same thing America did in 1929  http://undefined/news/chinas-stock-market-crashing-chinese-095900183.html?soc_src=mail&soc_trk=ma[8:01:33 AM] IQD NOVA: I AGREE, AND THEY WILL NOT BE ABLE TO HOLD IT UP!!!

[8:02:44 AM ] IQD NOVA: PEOPLE REALLY NEED TO UNDERSTAND WHAT MADE THE MARKET RUN AND WHAT HAPPENED LAST MONTH THAT IS BRINGING IT DOWN BUT IS REALLY THE WAY OUT FOR CHINA!!!!!!

[8:27:31 AM] MY LADIES: TOO MUCH TOO FAST IS WHAT DID IT. THEY OPENED TO THE WORLD AND EVERYONE RAN PELL NELL AND BOUGHT INTO THE MARKET. LITTLE PEOPLE AND MAJOR CORPORATIONS ALIKE, HERE IS A BETTER EXPLANATION     http://www.bloomberg.com/news/articles/2015-07-08/china-bans-stock-sales-by-major-shareholders-for-six-months

MY LADIES: AND THEN THERE WAS ALL THE WOULD BE INVESTORS THAT LOST ALL THEIR MONEY PLAYING A GAME THEY DID NOT KNOW THE RULES TO.

The Financial Times, among others, has reported that two-thirds Chinese retail stock market clients who have opened new accounts this year did not even graduate from high-school.

Surveys indicate one quarter of new investors have already lost at least 50% of their money.

Nearly half a trillion dollars (about one third of China’s annual economic output) has been wiped off the value of Chinese stocks in the past two weeks.

And it’s probably going to get worse.  http://www.sovereignman.com/investing/chinas-stock-market-is-the-biggest-bubble-in-history-17230/?inf_contact_key=3c0f6c35030de6a7d5f524a500fdf8f37a5513ebafb85e75d3dd320bd5bda017

MY LADIES: ALL OF THIS CAUSED THE PROBLEM WE ARE SEEING NOW.

[8:28:08 AM] Princess DD: Could these be the derivative bubbles bursting that we have been expecting or a prelude?

[8:34:16 AM] MY LADIES: OK HERE I WANT YOU ALL TO WATCH SOMETHING, I DO NOT KNOW THIS GUYS POSITION ON EVERYTHING BUT HE EXPLAINS THIS PART PRETTY GOOD, HERE ARE 2 VIDEOS…. THEY ARE SHORT WATCH THEM.

PRETTY SMART COOKIE AND I DON’T SEE A HIDDEN AGENDA YET

Expect The Dollar To Fall And Commodities To Rise

https://www.youtube.com/watch?v=IMxj4jzEjfI

CRITICAL: Major Global De leveraging Occurring NOW! NYSE Trading HALTED.

https://www.youtube.com/watch?v=qMVbO7Uj1AE&feature=youtu.be