I have been hearing a lot of talk brewing about an Executive Order and how it can affect GME. This actually has my tits considerably jacked because I’ve been researching this topic for a while now, so it’s promising to see more people are becoming aware of what is to come. Much of what I am about to talk about is pertaining to geopolitics, so I won’t go deeply in depth, but you’ll get the gist.
So what the hell am I talking about?….
Well, what is Executive Order 14032?
In simplest terms, it’s an executive order signed by Biden (Originally by Trump in Nov 2020, back then it was Executive Order 13959) that prohibits US entities from investing in military and surveillance related Chinese companies that support the Chinese military.
That’s nice, but what’s the big deal, Owt?
Well, funnily enough, many US asset managers like BlackRock, Vanguard, JP Morgan, and many others have SERIOUS exposure to the Chinese companies that are included in the EO. Those Chinese assets are being used as collateral by these US asset managers. in other words, once their billions of dollars in Chinese assets and collateral become worthless, an old friend of mine named Margy will be making a surprise appearance, and she will want her money.
I get it Owt, MM’s and other asset management entities are going to lose a lot of money in collateral, but how exactly does that affect GME?
In November 2020, Trump signed the original EO titled:
Executive Order 13959 Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies
This EO basically did what the new amended EO 14032 does, however, at the time that it was implemented, there were far less companies on the sanctioned list.
However, what’s important to note is the date. The EO was to take effect on January 28, 2021.
What the hell happened on or around January 28, Owt?
GME ATH $483
ATER ATH $48
In short, meme stocks ran HARD. However, they plummeted a few days later.
Well, Biden extended the EO and gave the fucks more time to gather themselves from getting obliterated (RIP Melvin Capital).
Biden ended up extending the EO a few days later to May 27th, 2021.
Pretty nice of him right? So What happened when May 27th came around?
AMC ATH $72
Memes did what memes do when marge calls. However, Biden once again EXTENDED the EO a few days later.
GME apes vs Shorts
Now, what’s next?
As I stated above, we now have EO 14032 coming up.
When?…June 3rd, 2022 baby
With EO 14032, there are 70+ companies that have been added to list of sanctioned companies, larger than the amount that were sanctioned in EO 13959.
Now, why don’t I think he will extend it again?
Taiwan is an ally of ours. Furthermore, they are the world’s largest exporter of semiconductor chips. China wants to eventually invade Taiwan the way Russia wants to take back Ukraine. By allowing American institutions to continue to invest in companies with ties to the Chinese military, we are directly funding the efforts to invade Taiwan and speeding up China’s efforts in reaching that goal. With the geopolitical unrest currently ensuing in Europe, Biden will most certainly be hesitant to extend this executive order especially considering the economic advantage successfully taking over Taiwan could bring to China.
THIS IS NFA
However, I have strong conviction that this thing is about to moon to glory in the next month and a half.