Some reasons not to fear!!! 1. War crisis Why have Russia and...

Some reasons not to fear!!!
1. War crisis
Why have Russia and Iran helped US to destroy IS. It must have a condition.

Mr Xi visited the US in Sep 2015. In his statement He said He will not intervene Yuan. He also encouraged the US to work with Iran and Russia to resolve the IS issue.

US didn't mean to destroy their ally oil kingdoms nor to win customers out of Europe where Europe gas is Russia's main revenue and oil is the future revenue for Iran in China.

US did introduce a nuclear bill to lift Iran sanction.

2. Geopolitical crisis
Terrorists are rising across Middle East and Europe. There will be high alerts approaching the year end.

The fear is helping to lift safe heaven assets like Gold, bonds and there's a shuffle in safe heaven currencies.

3. Trade war
Export focus countries do like to see depreciation in their currencies to win over trade advantages but they don't have the luxury in light of a resurgent king USD

They must do 3 things
. To increase Gold reserves to fight for their extremely undervalued currencies
. To issue more Gov. bonds to increase cash balances
. To reduce Foreign reserves to prop up their currencies

Russia said in October 2015 that they will try to increase more foreign reserves with the rising Rubble at that time.

China has been reduced their massive foreign reserves for a few time this year to stabilize Yuan.

BRICS countries are no doubt the biggest Gold producers, including Australia.

4. Global growth
King dollar keeps the lid on asset bubbles but we are in a deflationary drag where assets price are dirt cheap and often worthless.

A hard landing in China, a sustain QEs program in Japan and Europe, a far cry for foreign direct investments in Asia-Pacific, a diminish rate outlook in UK, a lower rate outlook in Australia and the most volatile period in world equities.

It's a mess due to cheap credits created by US

Is US economy resolved. How will the shale boom pan out if oil is depressed for years to come with a higher for longer USD

Chapter 11 is opened wide for more member of insolvency companies.

It's the best choice to buy un-listed companies where it's only available through hedge funds.

5. Festive seasons
Asian countries do like to buy gold jewelleries at the year end. It's a luxury product and a saving tool to reward themselves for a hard working year.

If POG is dropping It's going to attract more buyers.

6.Congress bills
Republicans are divided due to the ceiling debt ratio. There’s a few of them leaving the house of Representatives. They are reluctant to pass more bills to provide more liquidity to avoid a Gov. default which is dued closer at the same time as the rate lift off in Dec 16th

7. Central bankers and Government
Are politicians having no impact on financial decisions?
I remembered Joe Hockey whom commented on media about the "wait and see" mode from Glenn Steven. A couple of months later the RBA lowered rate .25pc

8. World bank
Yuan is going to be included in a basket of safe heaven currencies. Yuan is going to float in Q4 2016. Yuan will reduce the USD as a purchasing power.

Well, Yellen could rise rate whenever she likes if she chooses to go opposite direction to the crowd.

US central bankers are the backbone for world financial systems. A wrong footprints could shake up the whole equity markets.

Are people prepared to act, yes.
Are companies prepared to pay higher debts, oh no no. They're struggled to get profits back after years of expansion because there's a lack of demand.

The markets are unsettled and there's more pains ahead.

A wrong twist in a wrong time will make things nastier. History will tell and I don't think Yellen can dance anyway.