Good move. I think it's going down. It's not going to be pretty. Max Keiser on Keiser Report RT News is one of the only people talking about this. That's where I found out the hedge funds are coming back to US from Great Britain.
Thanks for the reply. This is what I was planning on as well. I just have a ton of money to move so I am not sure how practical it is to go all in on silver.
If you believe that the USD is going to crash so hard that you're getting out of it then gold or silver is what you want. It's a lot more physical than bitcoins
I keep hearing good buzz about DASH. I even downloaded their wallet, but have yet to buy any.
That said, no one but you knows what "forever" means in this context. I get transactions through within a couple hours (at most), even if it's midnight or a weekend. To me that's fine.
Gold isn't very portable though, and hard to defend. If the government recalls all gold (was that ever rescinded), you would need to fight off Law Enforcement Officers to defend that gold.
Because bitcoin would be valuable in an environment that is facing an energy crisis.
If the USD crashes fuel and energy will have immense value. There would be throw backs to the gasoline crisis where riots would occur at the gas pumps.
I can't do a full search but I googled 'iran euro 2003' and I think I was right about the year based on the results. I grabbed the first result. look in this sub for terms like Euro about 45 days ago and you'll see more.
yeah, the writing is on the wall. It is sad how much is dependent our economy is tied to that damned petrodollar. And now with BRICS coming around, it won't last forever.
BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa
Thanks for catching that. Here is another source using that same google search - but I am unfamiliar with the source so not sure if they are good. I am out on my phone so it's the best I can do now.
Announced a month ago about Iran and the petro dollar move, should've hit 1 March 2017 per here.
Every country that has tried to move away from the petro dollar has been visited by the US's 'helpful' hand in regime change. A read on why we messed with Libya
Tatikios, did you even read the link or the book 'The Prize'? Why is oil priced in US Dollars then?
For those who don't want to click the link, relevant portion:
"Two years later, in an effort to maintain global demand for U.S. dollars, another system was created called the petrodollar system. In 1973, a deal was struck between Saudi Arabia and the United States in which every barrel of oil purchased from the Saudis would be denominated in U.S. dollars. Under this new arrangement, any country that sought to purchase oil from Saudi Arabia would be required to first exchange their own national currency for U.S. dollars. In exchange for Saudi Arabia's willingness to denominate their oil sales exclusively in U.S. dollars, the United States offered weapons and protection of their oil fields from neighboring nations, including Israel.
By 1975, all of the OPEC nations had agreed to price their own oil supplies exclusively in U.S. dollars in exchange for weapons and military protection.
This petrodollar system, or more simply known as an "oil for dollars" system, created an immediate artificial demand for U.S. dollars around the globe. And of course, as global oil demand increased, so did the demand for U.S. dollars."
I've known there isn't a physical or digital currency called a 'petro dollar'. I was using the 'petro dollar' in its larger sense of all the geopolitical baggage that comes with pricing oil in USD.
The petro dollar term came about because my of US was sending so many USD to the middle east in the 1970's to buy oil the US needed a way to get the dollars back to prevent devaluation of the USD and to prevent inflation while trying to gain some kind of control back from OPEC. So we pushed to get all oil priced in USD to prop up the currency's value.
Since then, every country that has tried to go off the USD for oil pricing the US has taken direct and hard action. From manufactured crisis (Iraq) to regime change (Libya and others), action has always followed to apply very direct pressure to keep oil priced in USD. All to protect this 'petro dollar'.
So I think we've been talking about the same thing but haven't been communicating well.
We just sold a ton of weapons to Saudi Arabia. Turkey has been in constant communication with Russia. They may already have this locked up. Watch for the Clintons to bug out for the Maldives..best buddies with Saudi Arabia and just got that 200 million dollar mansion in the Maldives.
We are definitely going to war with Iran in the next decade but they havent actually dropped the dollar. They still sell oil for dollars and havent dumped their foreign exchange.
Those headlines for a few days was a non event, all they did was drop the dollar from financial reporting which was just a symbolic move to spite the US after the travel ban. Its like switching from Fahrenheit to Celsius, they just now use a different currency in their reporting.
The reason there hasnt been any other news about this is because it doesnt matter/there is no news
Can't disagree with that scenario as the spark point. If US just try to go in it won't be a "popular" war. You can bet your ass the mainstream media is going to sell it for all they are worth. Which is not much. It's going to be a hard sell regardless, because most countries are already watching for it. I'm really thinking Russia and China are going to announce a Middle East summit very soon.
"The road to Tehran leads through Damascus" and that's what many long term analysts have seen on the Syrian conflict and in that sense Russia already is involved.
I agree though, Tehran has a military and it has numbers. That's why I don't think it will happen at all.
I feel the nuclear rhetoric is just that, keeping a bogeyman in the Press.
I was answering the thought that Russia would not involve itself. I think it's obvious to anyone that has been in or around the Gulf that as soon as the Straits arc up, the petro-dollar is effected. No shipping through the Straits of Hormus means no oil out of the Gulf.
It's not about transit of oil. It's about military placement. If Saudi Arabia makes deal with China the whole geopolitical picture changes. Saudi king is on 30 day trip to meet China, Japan, Malaysia, Jordan, Maldives, and couple others right now. Back in 2015 it was Putin who helped Saudi Arabia and Iran reach an OPEC deal. Russia and China now use Yuan for oil sales. Saudi Arabia is going to start shipping oil to China via Maldives. What currency is China going to use to purchase that oil? If it's not US dollar then Saudi Arabia may ask US military to leave.
I applaud your enthusiasm on the topic honestly. But you literally do not have a clue about military deployments and who is where and why so continuing to converse isn't going to get anywhere.
I'd take some time to sit back and review the entire region if you have time.
USA would win the war if they invaded, thats a fact. This would be an actual war of aggression against a democratic country though, unlike against Hussein who was universally disliked.
I cant agree. They might but then the recent track record isn't strong. I think it would lead to conscription and we saw what occurred in Vietnam with the public opinion when that started.
I don't think the United States population would let it happen.
Who knows, not me or anyone, I just sincerely hope it's a theory that doesn't get tested.
I agree. Our military footprint over there is not optimum. If India (who is now using Rupees to purchase oil) gets involved it's an impossible scenario.
I see Turkey and Saudi Arabia as the weak links right now. Personally, I have to say Saudi Arabia, Turkey and India have the most leverage in this scenario if they decide that Iran has the right to make this move. We will know soon enough. As far as the 5th fleet.. the Chinese DH-10 would come into play and Russia just did this -Russia Deploys Missile, Violating Treaty and Challenging Trump NYT Feb. 14, 2017.
I see Turkey and Saudi Arabia as the weak links. I don't put much stock in the fleet considering the Chinese DH-10 and there's a Feb, 14, 2017 NYT article about Russia violating the treaty regarding deployment of their new cruise missile battalion. Administration officials said the Russians now have two battalions of the prohibited cruise missile. One is still located at Russia’s missile test site at Kapustin Yar in southern Russia near Volgograd. The other was shifted in December from that test site to an operational base elsewhere in the country, according to a senior official who did not provide further details and requested anonymity to discuss recent intelligence reports about the missile.
And then there's India.
The Kish Bourse was officially opened in a videoconference ceremony on 17 February 2008, despite last minute disruptions to the internet services to the Persian Gulf regions. Currently the Kish Bourse is only trading in oil-derived products, generally those used as feedstock for the plastics and pharmaceutical industries. However, officially published statements by Iranian oil minister Gholamhossein Nozari indicate that the second phase, to establish trading in crude oil directly, which has been suggested might one day perhaps create a "Caspian Crude" benchmark price analogous to Brent Crude or WTI will only be started after the Bourse has demonstrated a reasonable period of trouble-free running.
Priced in dollar...hence petro dollar. Hence currency exchange variations. Hence if all the other countries decide not to buy or sell in dollars, why will they agree to crude being priced in dollars. Hence FORMING A NEW PETRO CURRENCY.
Turkey can not be trusted. And Turkey sides with Saudi and NATO, not Iran.
One moment, it's shooting down Russian fighters thanks to American intelligence while buying oil from ISIS, training them and offering them safe refuge, the next, they signed the pipeline deal with Russia to make the casus belli in Syria disappear.
Bloody two headed snake. But hey, NATO's the same thing, so Turkey is in good company.
Saudi Arabia is making oil deal with China. If Russia/Iran/Syria/Saudi Arabia form new petro currency, Turkey will go along. Saudi Arabia may be locking it all in place right now while visiting China, Maldives, Japan right now. Foreign Minister of Maldives just went to China. This is probably going down. They're not going to let the US take Iran.
I don't see how they will not let the US take Iran.
They don't like Iran.
I highly doubt that Saudi Arabia will bite the hand that fed them for decades, especially if you consider how the country was founded in the first place.
Saudi oil deal with China through the Maldives changes everything. Turkey/Pakistan will side with new petro currency. Iraq/Afghanistan are highly unstable and will be a total nightmare for the US to mount an offensive from and nothing is stopping Iraq from siding with new currency. India is in midst of financial meltdown just like Italy and Greece. Mexico is in complete defiance of the US right now (geographically important, not military important). Canada is being a sniveling bitch. The EU is looking at the possibility of total collapse thanks to the refugee crisis. If there was ever a time for Russia/China to make their move it's now. China is already preparing for a trade war with the US. All of the sanctions placed through the UN won't mean diddly to Russia if this happens. Saudi Arabia is visiting all of Asia pretty much, not visiting US. So this scenario makes some sense.
From what I can tell, the Saudi is just putting some infrastructure in the Maldives and those other countries since they're part of the trade route to China. I'm not sure why that changes everything. Please elaborate, thanks.
Iraq can be strong armed. The US can just support ISIS more, air strike less, and the Iraqi Army will be retreat.
China is preparing for a trade war, because the US wants a trade war. It's kinda like how Russia is preparing for a hot war. Because the US wants a hot war.
It changes everything by opening the door to the very real possibility of all of them forming their own petro currency. If the US dollar gets replaced it will crash us. They won't have to go to war with us.
The US military backs the Federal Reserve Dollar. If the Saudis want to move away, it will be on the kill list as well. So will all the other countries.
As it is, Saudi Arabia is not exactly very stable, toppling the royals should be easy.
NYT - Jan 9, 2017 - An Indian man holding invalid currency notes as he stands outside the Reserve Bank of India in New Delhi. Do you read the news? Greece - CNN-How's this for déjà vu? Another debt crisis is brewing in Europe.
Greece needs European creditors to release cash from a bailout agreed in 2015 so it can make debt repayments, but officials are at loggerheads. Investors are starting to worry, demanding higher returns on Greek debt.
Adding to the confusion is a warning from the International Monetary Fund that Greece's debt is unsustainable and on an "explosive" path, an assessment that prevents the fund from participating in a rescue.
Italy-The Guardian -Nov 28, 2016 - Quiet crisis: why battle to prop up Italy's banks is vital to EU stability. ... This week the European Central Bank agreed the financial details of (another) bailout package for the banca, which was previously rescued in 2013.
Change of currency notes to tackle black money stashed in cash. How has that got anything to do with any economic crises? Don't get me wrong, people had to stand in long lines to exchange their money, so what? Contrary to your belief, that act has pumped more money into Indian reserve bank. Are you talking facts about India yet? Indian Economy is growing at 7%. India has strategically been non aligned and historically never invaded any country. Come 3rd world war, India will be non aligned and will still buy oil from Russia, Saudi, UAE, Iran etc.
I will delete India off the list. My apologies. Thought it was a currency crisis like the rest. Your last statement helps prove my overall point. This is a very real possibility.
The US is in on it as well, and likely directed the Saudis.
I do not believe that the investigation covers behind the scenes going-ons.
If not, tell me how is it possible to occupy NORAD on some bullshit exercise on the very day, stand down and not have at least one fighter intercept each airliner?
I don't think the investigation was ever going to reveal anything substantial. But even with everything stacked against it, they still point the finger at one of America's allies. It's sickening how America remains allied with them, let alone prevents any proper investigation.
I think it's pretty obvious that it was an inside job, but if we just go on what has been official reported, Saudi Arabia shares a large portion of responsibility.
If you are going to judge the video based on the user name, and not the content, which was ripped from many sources, then I have nothing more to say to you.
Also, Reuters story in Dec. 2016 By Rania El Gamal, Parisa Hafezi and Dmitry Zhdannikov | VIENNA
Russian President Vladimir Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the cartel's first deal with non-OPEC Russia in 15 years.
Disagree. Majority of US population does not want war with Iran. Also, many people tired of doing Israel's grunt work. Nation is divided, Trump is at war with media and intelligence agencies. So when you say US wants them dead, I have to ask what you mean by US.
Disagree. I voted Trump because he didn't want war. Hillary was the one saying we needed to create no-fly zone in Syria. Which definitely would have sparked it up with Iran and Russia. Trump does not have my support for war with Iran. I know I'm not alone in this. That's the reason I posted this story.
He did not want war in Syria, and Russia. He wants to be aggressive with Iran and China and everything is on the table. He is super pro-Israel and Jew and he says it all the time.
kinda means we're all on the kill list...
eh, too many of us anyway... pours fluoride down your throats, jabs you with a needle, sticks a gay frog full of bpa in your ass and slaps it here's a shovel, the cemetary is that way.
Researcher. Who you are and what you do aren't really my concern. Just like to know who I'm dealing with these days. Why bother stopping by to ask who cares? What does that accomplish? If I don't care about a post.. I keep scrolling till I find one I do care about. You should try it.
I didn't say "who cares" to a specific post, I said "who cares" to this whole topic, this thread.
3/4 of US dollars are in circulation outside of the USA. One country that decides to pretend they are going to stop using the USD is nothing important. If you post threads on reddit, don't take responses to the thread so personal.
Iran can introduce their own currency and it won't affect us one bit.
I'm sure the USD will still be used on the black market just like most places.
When a country stops trading in US Dollars then that money eventually floods back into the US, that means the fed will have to produce less dollars, that means interest rates will go up, that means inflation, that means your buying power dwindles. The US currency is on a razor wire, while it may be able to handle Iran changing, other countries following suit could tip the whole apple cart over and crash your economy.
Iran is also mortal enemies with Israel and Saudi Arabia, so Washington will be getting lobbied hard to go to war.
Although if Russia and China step in you now have a proxy war being fought in Iran involving the US, NATO, Israel, Saudi Arabia, Russia, China and whoever else is gonna step up. That will most likely spill over and then the next thing you know Nuclear Holocaust.
Russia and China are moving away from the dollar. The reason the US dollar holds its value is because you need US dollars to buy oil. Once there is a large enough option to buy in other currencies and the US dollar is no longer necessary, countries won't have to have large reserves of it to facilitate oil trade.
Why does it matter? Its not like they were an ally of us, and we don't even get most of our oil through Iran. We get something like 4% were a larger ally of Saudi Arabia who I doubt would change from the dollar because their entire economy is based on selling oil to us. And they give us about 8% of us and they hate Iran also.
So, Saudi Arabia getting ready to ship a shit ton of oil to China isn't important? As we proclaim we will do everything we can to become oil independent? Who do you think Saudi Arabia will side with for their own future interests? These decisions get made on long-term realities. Iran knows they are next on our "we have to go to war with them". The whole world knows it. I think they're all getting tired of it.
By the time that were oil independent we won't be based on oil, electric cars are going to take over in probably less than 20 years and by that point oil will be a non issue. And by that point China's and India's economy will probably be larger than ours anyways. We have to get used to the fact that in the future we simply won't be the #1 economy so using the dollar for everything might be dumb anyways. I doubt it would change though, there would have to be a reason to switch to the yen and I have to imagine it would be simply easier to stay with the dollar.
So, it wouldn't benefit a country/group of countries to have its currency be the established petro currency for the next 20 years? That's plenty of reason. And China has already been trying to get the petro dollar switched to the Yuan.
Just the latest in a long string of geopolitical escapades centered around oil, this all started in the late 1800's. Check out The Prize, it's an eye-opening read.
Trump and the Republicans are desperate for a war. Republicans have been planning an Iran invasion for years. This will most likely be our next middle east conflict.
However the next war will probably be what Russia wants, since the Russian faction of the New World Order now controls the US government through blackmailing Trump.
Good one. Look, can you give me a break here? I'm on my phone and I can't shorten URL when I try to link stories. I try to post dates and headlines to make search easier. There's plenty of proof for this happening.
I don't understand why one of the last "hit-list" countries just happens to wait for all the other "hit-list" countries to be taken over to do this action. Like if they wanted to do this they could have done it decades ago (and been taken over.) But they just decide to do it when another regime comes into office?
Like I know they are all dominoes that eventually will have a R***schild central bank - and we all know that is the goal. But why make it so obvious? It's like the narrative is clearly: "Go against the Central Banking System = Military Takeover." Why do it now? Are they being ordered to do it? If so, isn't that TPTB basically broadcasting that that is the ultimate goal?
Russia being in Iran to help Syria may have something to do with the move. With the majority of our government saying Russia is the bad guy, why wouldn't they try to force a play with China? With the US threatening trade war with China why wouldn't they go along with Russia on this? I agree completely with the R***child central bank end game scenario. Russia and China do not have those central banks in their countries. It's an advantage. If they takeover the petro dollar they become more powerful than the central banks. That...is world war 3.
Good reply. So you think it's more Russia/China "influencing" Iran to drop the dollar to provoke the U.S. into an international war?
I know Iran is allies with Russia/China. Not sure about the previous ones that just "decided to drop the dollar:" Iraq, Libya. Were those countries also influenced by the R/C coalition? Were all of those failures to goad the U.S. into WW3. (Or maybe they weren't failures and stretched our army out..)
Makes sense if you're looking at chess pieces that TPTB control of EVERY country. But, not sure if it's still two factions warring.
Gaddafi in Libya tried to do it on his own, same with Saddam in Iraq. As far as Iran announcing it..look what happened after they did. Saudi king visits most of Asia all this month.
And then there's this article in Reuters that no one talks about. Putin was working on this in 2015.
Thu Dec 1, 2016 | 8:28 PM EST
Exclusive: How Putin, Khamenei and Saudi prince got OPEC deal done
I'm on my phone so can't archive crap or shorten URL.
China just cancelled coal imports from North Korea, that's why the oil deal with Saudi Arabia is so important. Their air is fucked up. But this story about solar panels being the near term solution doesn't work for the amount of production China has. I think North Korea is going to get real quiet because they haven't been invited to the party. Iran knows what's coming, that's why they will push for Russia/China alliance. Probably by meeting with Syria/Turkey/ Saudi Arabia to establish new Middle East stability treaty.
Iran has pushed for years to have the euro replace the dollar as the currency for international oil trade. In 2007, Tehran failed to persuade OPEC members to switch away from thedollar, which its then President Mahmoud Ahmadinejad called a "worthless piece of paper".Feb 8, 2016 Reuters. Article goes on to talk about exactly what this post is about.
OK..again. we are discussing petro currency. Iran is only going to accept Euros for the buying and selling of oil. All oil purchases are made with the US dollar. If you come back to this to disagree, bring a linked source with you.
The Guardian article is kinda funny, dated February 2003. The US invaded Iraq in 2003. Do you really think the US invaded Iraq because they thought Iraq possessed WMD's?
/tatikios
Why did the US invade Iraq? Why did the US/NATO destroy Libya in 2011? Was it the US aim to "save" Libya or Gadafi's decision to create the "gold dinar"? And what is Libya like today? Why is the US supporting an insurgency against Syria?
The US can only sanction Iran right now. If it were possible that the US wouldn't suffer consequences the US would have already bombed Iran long ago. You have to go back to Iraq, Libya and now Syria, and how quickly the US was able to go after those countries. Russia is another example, the US was able to create certain circumstances through its coup in Ukraine. Now the US/EU have sanctions on Russia. The same scenario, the US would have bombed Russia long ago but Russia is not as easy to do as Iraq, Libya, and Syria.
Not wrong. I was trying to tell you that for some countries the US was able to act decisively and bomb those countries right away. You have to understand that the US can't just bomb Iran and Russia for drifting away from the petrodollar. The US has to use other methods like sanctioning those countries, and again, the US uses different pretexts; Iran non-existent "WMD", "Russian aggression" etc.
We just see things differently. It was nice chatting with you.
I didn't miss that. That's why I voted Trump. But if he says war with Iran, I do not support it. We have to tell our government we're sick of this shit. Our boys don't need to go die for oil currency. Fuck that.
That's stupid, Trump is waaaaaaaaay more likely to start a war with Iran. Hillary was talking about the scenario where Iran nukes Israel. She was also talking in 2008, before we realized Iran could actually be some of our most useful allies in the Middle East. She actually wants to pivot to Iran and away from Israel.
We could've left Libya alone. Wouldn't have the African refugee crisis if we had. Everytime a country threatens to go off the US petro currency we do a regime change. It's economics. Our currency will become worthless without the petro status.
That's why China and Russia are buying a shit ton of it right now. Germany is demanding their gold back from the Reserve. Don't know if they've gotten it yet.
I've been trying to tell people for months, the flywheel US economy is crashing. Oil is being phased out after reigning king for hundreds of years, the debt bubble is exponentially growing, the trade deficit growing exponentially as well, wealth accumulating at the top and being siphoned out of the economy, consumerism taking over production. We're watching the US being sucked dry, and economic collapse is eminent within the next three years.
Guys everyone knows about this except for the weirdo God obsessed conservatives and the weirdo ignorant millennial libtards. Why do y'all think the gas prices dropped to under $2? That shit doesn't happen magically.
Iran is no longer using the dollar for financial reporting, but will continue to use the dollar in oil trade, at least for now. No threat to the petrodollar quite yet, so all out war will still be pushed off till later.
Aside from the "petrowars" here's Hillary saying she's gonna stop the rebirth of the Soviet Union
"“There is a move to re-Sovietise the region,” the US secretary of state told a news conference in Dublin hours before going into a meeting with her Russian counterpart, Sergei Lavrov.
“It’s not going to be called that. It’s going to be called a customs union, it will be called Eurasian Union and all of that,” she said, referring to various iterations of a Moscow-backed plan to deepen economic ties with its neighbours.
“But let's make no mistake about it. We know what the goal is and we are trying to figure out effective ways to slow down or prevent it.”
Good move. I think it's going down. It's not going to be pretty. Max Keiser on Keiser Report RT News is one of the only people talking about this. That's where I found out the hedge funds are coming back to US from Great Britain.
When a country stops trading in US Dollars then that money eventually floods back into the US, that means the fed will have to produce less dollars, that means interest rates will go up, that means inflation, that means your buying power dwindles. The US currency is on a razor wire, while it may be able to handle Iran changing, other countries following suit could tip the whole apple cart over and crash your economy.
Iran is also mortal enemies with Israel and Saudi Arabia, so Washington will be getting lobbied hard to go to war.
Although if Russia and China step in you now have a proxy war being fought in Iran involving the US, NATO, Israel, Saudi Arabia, Russia, China and whoever else is gonna step up. That will most likely spill over and then the next thing you know Nuclear Holocaust.
Disagree. Majority of US population does not want war with Iran. Also, many people tired of doing Israel's grunt work. Nation is divided, Trump is at war with media and intelligence agencies. So when you say US wants them dead, I have to ask what you mean by US.
Russia and China are moving away from the dollar. The reason the US dollar holds its value is because you need US dollars to buy oil. Once there is a large enough option to buy in other currencies and the US dollar is no longer necessary, countries won't have to have large reserves of it to facilitate oil trade.
The Guardian article is kinda funny, dated February 2003. The US invaded Iraq in 2003. Do you really think the US invaded Iraq because they thought Iraq possessed WMD's?
/tatikios
193 comments
n/a AIsuicide 2017-03-05
Whoever tried to comment with article source..I think you're shadow banned. Got notification on Gmail+ but it's not showing here.
n/a TheMadBonger 2017-03-05
Must be a touchy subject, heh.
n/a AIsuicide 2017-03-05
Very
n/a 2McDoublesPlz 2017-03-05
This is part of the reason why I believe Trump filled his cabinet with who he did... I've already switched my savings to another currency...
n/a AIsuicide 2017-03-05
Good move. I think it's going down. It's not going to be pretty. Max Keiser on Keiser Report RT News is one of the only people talking about this. That's where I found out the hedge funds are coming back to US from Great Britain.
n/a mastigia 2017-03-05
Which one?
n/a 2McDoublesPlz 2017-03-05
Euro and silver.
n/a selfmindcontrol 2017-03-05
How did you switch you USD to silver? I have been strongly considering doing the same.
n/a juicyspooky 2017-03-05
Start by buying pre 1964 quarters.
n/a selfmindcontrol 2017-03-05
Junk silver was what I had been planning on. Thanks for the advice.
n/a 2McDoublesPlz 2017-03-05
No certificates. Gotta have it in possession.
n/a selfmindcontrol 2017-03-05
Thanks for the reply. This is what I was planning on as well. I just have a ton of money to move so I am not sure how practical it is to go all in on silver.
n/a 2McDoublesPlz 2017-03-05
As long as you don't need the money it is very practical.
n/a madtoothbrush97 2017-03-05
No, stay away from Euro or any other fiat currency please!
n/a cannibaloxfords 2017-03-05
Bitcoins? What's coming is going to effect everything
n/a 2McDoublesPlz 2017-03-05
lolno, I have no faith in bitcoin.
n/a soundofthesun 2017-03-05
O rly? It just surpassed gold and has hit an all time high. Hovering around $1275.
n/a Ducttapehamster 2017-03-05
If you believe that the USD is going to crash so hard that you're getting out of it then gold or silver is what you want. It's a lot more physical than bitcoins
n/a idontreadinbox 2017-03-05
And heavy, and risky, and impractical. Assuming the global economy is still intact, Bitcoin is so much easier.
n/a cheekygorilla 2017-03-05
Bitcoin sucks, you have to wait forever for a transaction. Try dashcoin
n/a idontreadinbox 2017-03-05
I keep hearing good buzz about DASH. I even downloaded their wallet, but have yet to buy any.
That said, no one but you knows what "forever" means in this context. I get transactions through within a couple hours (at most), even if it's midnight or a weekend. To me that's fine.
n/a cheekygorilla 2017-03-05
That function is fine for you but i doubt the eventual fall of being number one in market cap is.
n/a jimmydorry 2017-03-05
Gold isn't very portable though, and hard to defend. If the government recalls all gold (was that ever rescinded), you would need to fight off Law Enforcement Officers to defend that gold.
n/a 2McDoublesPlz 2017-03-05
Another reason to worry.
n/a sushisection 2017-03-05
The internet won't go away.
n/a LibertyIsNotFree 2017-03-05
If you believe the USD is going to crash the one and only single investment that will matter is guns and ammo.
n/a 2McDoublesPlz 2017-03-05
Good thing I'm from the south and have plentyyyyy of those items.
n/a AIsuicide 2017-03-05
Very good observation. Wish I still lived up by the Springfield Armory.
n/a idontreadinbox 2017-03-05
And Bitcoin
n/a LibertyIsNotFree 2017-03-05
Because bitcoin would be valuable in an environment that is facing an energy crisis.
If the USD crashes fuel and energy will have immense value. There would be throw backs to the gasoline crisis where riots would occur at the gas pumps.
n/a destronger 2017-03-05
pitchforks and torches.
n/a RandallWho 2017-03-05
Can you elaborate?
n/a EricCarver 2017-03-05
Iran dropped the dollar a long time ago, but for whatever reason (to be provocative maybe?) announced it earlier this year.
n/a AIsuicide 2017-03-05
I'm not finding it. Can you give me link?
n/a EricCarver 2017-03-05
we've talked a lot of it the 30-60 days ago timeframe when the rhetoric against Iran was heating up. Let me see what I can find. BrB.
n/a EricCarver 2017-03-05
I can't do a full search but I googled 'iran euro 2003' and I think I was right about the year based on the results. I grabbed the first result. look in this sub for terms like Euro about 45 days ago and you'll see more.
https://www.theguardian.com/business/2003/feb/16/iraq.theeuro
n/a AIsuicide 2017-03-05
Well, most important is the China/Russia angle. If they move to form new petro currency with other nations the US has a problem.
n/a EricCarver 2017-03-05
yeah, the writing is on the wall. It is sad how much is dependent our economy is tied to that damned petrodollar. And now with BRICS coming around, it won't last forever.
n/a AIsuicide 2017-03-05
Yeah, Robert Steele gave me a good link about that when he answered my AMA question about Iran dropping dollar.
n/a 2McDoublesPlz 2017-03-05
Psssst.. thats iraq.
n/a AIsuicide 2017-03-05
why are we whispering?
n/a EricCarver 2017-03-05
ha! crap. You are right. Rechecking.
n/a EricCarver 2017-03-05
Thanks for catching that. Here is another source using that same google search - but I am unfamiliar with the source so not sure if they are good. I am out on my phone so it's the best I can do now.
http://www.resilience.org/stories/2005-08-08/petrodollar-warfare-dollars-euros-and-upcoming-iranian-oil-bourse/
n/a bigbura 2017-03-05
Announced a month ago about Iran and the petro dollar move, should've hit 1 March 2017 per here.
Every country that has tried to move away from the petro dollar has been visited by the US's 'helpful' hand in regime change. A read on why we messed with Libya
Detailed reading on history of petro dollar
n/a tatikios 2017-03-05
"Petro Dollar" is the surplus generated by oil sales.
It's not a currency and it's not the US Dollar.
It amazes me every time when these bullshit threads come up how few people know that.
n/a bigbura 2017-03-05
Tatikios, did you even read the link or the book 'The Prize'? Why is oil priced in US Dollars then?
For those who don't want to click the link, relevant portion: "Two years later, in an effort to maintain global demand for U.S. dollars, another system was created called the petrodollar system. In 1973, a deal was struck between Saudi Arabia and the United States in which every barrel of oil purchased from the Saudis would be denominated in U.S. dollars. Under this new arrangement, any country that sought to purchase oil from Saudi Arabia would be required to first exchange their own national currency for U.S. dollars. In exchange for Saudi Arabia's willingness to denominate their oil sales exclusively in U.S. dollars, the United States offered weapons and protection of their oil fields from neighboring nations, including Israel.
By 1975, all of the OPEC nations had agreed to price their own oil supplies exclusively in U.S. dollars in exchange for weapons and military protection.
This petrodollar system, or more simply known as an "oil for dollars" system, created an immediate artificial demand for U.S. dollars around the globe. And of course, as global oil demand increased, so did the demand for U.S. dollars."
n/a tatikios 2017-03-05
That is not what petrodollar means.
n/a bigbura 2017-03-05
You're so stingy with your words...educate us please.
n/a tatikios 2017-03-05
Petrodollar must means surplus generated by oil sales.
It's not a currency and it doesn't refer tk the USD.
Did you really not know that? Did you actually think that it was a currency?
n/a bigbura 2017-03-05
I've known there isn't a physical or digital currency called a 'petro dollar'. I was using the 'petro dollar' in its larger sense of all the geopolitical baggage that comes with pricing oil in USD.
The petro dollar term came about because my of US was sending so many USD to the middle east in the 1970's to buy oil the US needed a way to get the dollars back to prevent devaluation of the USD and to prevent inflation while trying to gain some kind of control back from OPEC. So we pushed to get all oil priced in USD to prop up the currency's value.
Since then, every country that has tried to go off the USD for oil pricing the US has taken direct and hard action. From manufactured crisis (Iraq) to regime change (Libya and others), action has always followed to apply very direct pressure to keep oil priced in USD. All to protect this 'petro dollar'.
So I think we've been talking about the same thing but haven't been communicating well.
n/a tatikios 2017-03-05
That is simply not true.
Iran has been trading oil for Euro for heads, as has Iraq.
They are trading oil for Euro right now.
n/a bigbura 2017-03-05
When did Iran switch to Euro? What started at the same time? US pushing for sanctions on Iran...
Why did US go after Husein in Iraq the second time? Went from USD to Euros for oil...
This is too easy to connect, why can't you see it?
n/a tatikios 2017-03-05
US sanctions against Iran started 1979.
You have absolutely no clue about anything you talk about.
Go and educate yourself on the topucs please.
n/a rebuilt11 2017-03-05
If this is true it means war.
n/a AIsuicide 2017-03-05
Saudis make Maldives land grab to secure oil routes to China
Published on 05/03/2017, 3:32pm
n/a Ragnarokcometh 2017-03-05
was one of the last quiet ones happening.
n/a gargamelwasafacist 2017-03-05
then it means WW3.
russia, china, and iran all have reciprocal aid treaties with each other...their own mini version of NATO article 5
n/a AIsuicide 2017-03-05
We just sold a ton of weapons to Saudi Arabia. Turkey has been in constant communication with Russia. They may already have this locked up. Watch for the Clintons to bug out for the Maldives..best buddies with Saudi Arabia and just got that 200 million dollar mansion in the Maldives.
n/a greed_is_bad 2017-03-05
We are definitely going to war with Iran in the next decade but they havent actually dropped the dollar. They still sell oil for dollars and havent dumped their foreign exchange.
Those headlines for a few days was a non event, all they did was drop the dollar from financial reporting which was just a symbolic move to spite the US after the travel ban. Its like switching from Fahrenheit to Celsius, they just now use a different currency in their reporting.
The reason there hasnt been any other news about this is because it doesnt matter/there is no news
n/a MagnusBradley 2017-03-05
it will be israel likely with nato backing.
they will make up some shit about nuclear reactors again
n/a AIsuicide 2017-03-05
Can't disagree with that scenario as the spark point. If US just try to go in it won't be a "popular" war. You can bet your ass the mainstream media is going to sell it for all they are worth. Which is not much. It's going to be a hard sell regardless, because most countries are already watching for it. I'm really thinking Russia and China are going to announce a Middle East summit very soon.
n/a II---II_II---II 2017-03-05
I dont think Russia will let it slide this time. Not without repercussions.
n/a MagnusBradley 2017-03-05
Russia wont get involved. They will just sell weapons. Iran has a big population to stand up for itself, it's not iraq
n/a II---II_II---II 2017-03-05
"The road to Tehran leads through Damascus" and that's what many long term analysts have seen on the Syrian conflict and in that sense Russia already is involved.
I agree though, Tehran has a military and it has numbers. That's why I don't think it will happen at all.
I feel the nuclear rhetoric is just that, keeping a bogeyman in the Press.
n/a AIsuicide 2017-03-05
This does not address the implications to the value of the US dollar.
n/a II---II_II---II 2017-03-05
I was answering the thought that Russia would not involve itself. I think it's obvious to anyone that has been in or around the Gulf that as soon as the Straits arc up, the petro-dollar is effected. No shipping through the Straits of Hormus means no oil out of the Gulf.
n/a AIsuicide 2017-03-05
Which is why Yemen is being bombed to shit right now.
n/a II---II_II---II 2017-03-05
The Gulf of Aden export doesn't need to transit the Straits.
n/a AIsuicide 2017-03-05
It's not about transit of oil. It's about military placement. If Saudi Arabia makes deal with China the whole geopolitical picture changes. Saudi king is on 30 day trip to meet China, Japan, Malaysia, Jordan, Maldives, and couple others right now. Back in 2015 it was Putin who helped Saudi Arabia and Iran reach an OPEC deal. Russia and China now use Yuan for oil sales. Saudi Arabia is going to start shipping oil to China via Maldives. What currency is China going to use to purchase that oil? If it's not US dollar then Saudi Arabia may ask US military to leave.
n/a AIsuicide 2017-03-05
It's not about transit of oil now. It's about military placement.
n/a AIsuicide 2017-03-05
It's the coastline. Militarily strategic. We don't have much in Oman. Saudi Arabia may double cross us, if so, we lose Riyadh.
n/a II---II_II---II 2017-03-05
I applaud your enthusiasm on the topic honestly. But you literally do not have a clue about military deployments and who is where and why so continuing to converse isn't going to get anywhere.
I'd take some time to sit back and review the entire region if you have time.
n/a MagnusBradley 2017-03-05
USA would win the war if they invaded, thats a fact. This would be an actual war of aggression against a democratic country though, unlike against Hussein who was universally disliked.
n/a II---II_II---II 2017-03-05
I cant agree. They might but then the recent track record isn't strong. I think it would lead to conscription and we saw what occurred in Vietnam with the public opinion when that started.
I don't think the United States population would let it happen.
Who knows, not me or anyone, I just sincerely hope it's a theory that doesn't get tested.
n/a AIsuicide 2017-03-05
I agree. Our military footprint over there is not optimum. If India (who is now using Rupees to purchase oil) gets involved it's an impossible scenario.
n/a II---II_II---II 2017-03-05
Heeeeeyy?
5th Fleet and NAVCENT Stationed in Bahrain.
Armed Allies in UAE, Saudi Arabia and Kuwait that includes US 'advisors' aircraft and small numbers of personnel.
US still has significant numbers in Afghanistan including air bases.
1600 or so In Turkey including an airbase.
The US doesn't need Aden, it has Djibouti to stage into that Gulf.
I'd say the military positioning is pretty on point where a war with Iran is concerned. What are you seeing as the weak link?
n/a AIsuicide 2017-03-05
I see Turkey and Saudi Arabia as the weak links right now. Personally, I have to say Saudi Arabia, Turkey and India have the most leverage in this scenario if they decide that Iran has the right to make this move. We will know soon enough. As far as the 5th fleet.. the Chinese DH-10 would come into play and Russia just did this -Russia Deploys Missile, Violating Treaty and Challenging Trump NYT Feb. 14, 2017.
n/a AIsuicide 2017-03-05
I see Turkey and Saudi Arabia as the weak links. I don't put much stock in the fleet considering the Chinese DH-10 and there's a Feb, 14, 2017 NYT article about Russia violating the treaty regarding deployment of their new cruise missile battalion. Administration officials said the Russians now have two battalions of the prohibited cruise missile. One is still located at Russia’s missile test site at Kapustin Yar in southern Russia near Volgograd. The other was shifted in December from that test site to an operational base elsewhere in the country, according to a senior official who did not provide further details and requested anonymity to discuss recent intelligence reports about the missile. And then there's India.
n/a CrazedHyperion 2017-03-05
And Diego Garcia.
n/a raminferno 2017-03-05
And then the Lizard people will really have us bent over a barrel.
n/a hfield_ 2017-03-05
also my first thought when I heard about this weeks ago
n/a tatikios 2017-03-05
It already happened in 2003 and no war started.
What now?
n/a AIsuicide 2017-03-05
You need to show me a source that states Iran has switched to the Euro for the buying and selling of oil. Go get it.
n/a tatikios 2017-03-05
Here you are:
http://www.resilience.org/stories/2006-01-29/trading-oil-euros-%E2%80%93-does-it-matter/
Another one asking in 2006 if this will lead to war. Guess what? NO WAR
http://www.wnd.com/2006/02/34643/
And Iran is not alone. Iraqi oil can only be bought in Euro:
https://www.theguardian.com/business/2003/feb/23/oilandpetrol.theeuro
What? How is that even possible? I though the US went to war with Iraq specifically to prevent this? Was I lied to??
Yeah, I need those. Where are your sources?
Here's an article from 2004 predicting that the US will go to war with Iran over switchig to Euro:
http://www.globalresearch.ca/articles/CLA410A.html
GUESS WHAT NEVER HAPPENED?
n/a AIsuicide 2017-03-05
The Kish Bourse was officially opened in a videoconference ceremony on 17 February 2008, despite last minute disruptions to the internet services to the Persian Gulf regions. Currently the Kish Bourse is only trading in oil-derived products, generally those used as feedstock for the plastics and pharmaceutical industries. However, officially published statements by Iranian oil minister Gholamhossein Nozari indicate that the second phase, to establish trading in crude oil directly, which has been suggested might one day perhaps create a "Caspian Crude" benchmark price analogous to Brent Crude or WTI will only be started after the Bourse has demonstrated a reasonable period of trouble-free running.
n/a tatikios 2017-03-05
So you are just ignoring the sources I provided?
Iraq is dealing in Euros now.
Iran is dealing in Euros now.
n/a AIsuicide 2017-03-05
In oil-derived products...not crude. Can you just go away. Start your own post hailing the virtues of an outdated stance.
n/a tatikios 2017-03-05
Priced in dollar, paid in Euro.
So you didn't read the articles I provided.
n/a AIsuicide 2017-03-05
Priced in dollar...hence petro dollar. Hence currency exchange variations. Hence if all the other countries decide not to buy or sell in dollars, why will they agree to crude being priced in dollars. Hence FORMING A NEW PETRO CURRENCY.
n/a tatikios 2017-03-05
What? "Petro Dollar" just means the surplus generated by oil sales.
Did you think this actually refers to USD? You really don't know what you are talking about.
Holy shit, how ignorant are you? You thought that Petro Dollar is a currency??
n/a AIsuicide 2017-03-05
Talk to me March 21 asshat
n/a tatikios 2017-03-05
RemindMe! 15 days "Laugh at /u/AIsuicide"
n/a RemindMeBot 2017-03-05
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n/a tatikios 2017-03-05
Allright. What now?
n/a ragegenx 2017-03-05
That's right.
n/a hypnotica420x 2017-03-05
Well just bomb saddahm again
n/a ASCAdmin 2017-03-05
Because Iran is next on the kill list.
n/a AIsuicide 2017-03-05
Not if Turkey kicks the U.S. out.
n/a ASCAdmin 2017-03-05
Turkey can not be trusted. And Turkey sides with Saudi and NATO, not Iran.
One moment, it's shooting down Russian fighters thanks to American intelligence while buying oil from ISIS, training them and offering them safe refuge, the next, they signed the pipeline deal with Russia to make the casus belli in Syria disappear.
Bloody two headed snake. But hey, NATO's the same thing, so Turkey is in good company.
n/a AIsuicide 2017-03-05
Saudi Arabia is making oil deal with China. If Russia/Iran/Syria/Saudi Arabia form new petro currency, Turkey will go along. Saudi Arabia may be locking it all in place right now while visiting China, Maldives, Japan right now. Foreign Minister of Maldives just went to China. This is probably going down. They're not going to let the US take Iran.
n/a ASCAdmin 2017-03-05
I don't see how they will not let the US take Iran.
They don't like Iran.
I highly doubt that Saudi Arabia will bite the hand that fed them for decades, especially if you consider how the country was founded in the first place.
n/a AIsuicide 2017-03-05
Saudi oil deal with China through the Maldives changes everything. Turkey/Pakistan will side with new petro currency. Iraq/Afghanistan are highly unstable and will be a total nightmare for the US to mount an offensive from and nothing is stopping Iraq from siding with new currency. India is in midst of financial meltdown just like Italy and Greece. Mexico is in complete defiance of the US right now (geographically important, not military important). Canada is being a sniveling bitch. The EU is looking at the possibility of total collapse thanks to the refugee crisis. If there was ever a time for Russia/China to make their move it's now. China is already preparing for a trade war with the US. All of the sanctions placed through the UN won't mean diddly to Russia if this happens. Saudi Arabia is visiting all of Asia pretty much, not visiting US. So this scenario makes some sense.
n/a ASCAdmin 2017-03-05
From what I can tell, the Saudi is just putting some infrastructure in the Maldives and those other countries since they're part of the trade route to China. I'm not sure why that changes everything. Please elaborate, thanks.
Iraq can be strong armed. The US can just support ISIS more, air strike less, and the Iraqi Army will be retreat.
China is preparing for a trade war, because the US wants a trade war. It's kinda like how Russia is preparing for a hot war. Because the US wants a hot war.
n/a AIsuicide 2017-03-05
It changes everything by opening the door to the very real possibility of all of them forming their own petro currency. If the US dollar gets replaced it will crash us. They won't have to go to war with us.
n/a ASCAdmin 2017-03-05
The US military backs the Federal Reserve Dollar. If the Saudis want to move away, it will be on the kill list as well. So will all the other countries.
As it is, Saudi Arabia is not exactly very stable, toppling the royals should be easy.
n/a AIsuicide 2017-03-05
What you are saying is that we will go to war with Iran. You understand this, right?
n/a ASCAdmin 2017-03-05
Does not need to be directly. US, Israel, Saudi Arabia et al are openly arming and funding terrorists in Iran.
The MKO/MEK works closely with the Mossad to kill high value targets.
Saudi Arabia wants to kill Iran because they see Iran as a threat to their regional hegemony.
US wants to kill Iran because Iran spat on US's face decades ago. Long history.
n/a mak4you 2017-03-05
I lost the comprehension at "India is in midst of financial meltdown just like Italy and Greece". Can you explain?
n/a AIsuicide 2017-03-05
NYT - Jan 9, 2017 - An Indian man holding invalid currency notes as he stands outside the Reserve Bank of India in New Delhi. Do you read the news? Greece - CNN-How's this for déjà vu? Another debt crisis is brewing in Europe.
Greece needs European creditors to release cash from a bailout agreed in 2015 so it can make debt repayments, but officials are at loggerheads. Investors are starting to worry, demanding higher returns on Greek debt.
Adding to the confusion is a warning from the International Monetary Fund that Greece's debt is unsustainable and on an "explosive" path, an assessment that prevents the fund from participating in a rescue.
Italy-The Guardian -Nov 28, 2016 - Quiet crisis: why battle to prop up Italy's banks is vital to EU stability. ... This week the European Central Bank agreed the financial details of (another) bailout package for the banca, which was previously rescued in 2013.
n/a mak4you 2017-03-05
Change of currency notes to tackle black money stashed in cash. How has that got anything to do with any economic crises? Don't get me wrong, people had to stand in long lines to exchange their money, so what? Contrary to your belief, that act has pumped more money into Indian reserve bank. Are you talking facts about India yet? Indian Economy is growing at 7%. India has strategically been non aligned and historically never invaded any country. Come 3rd world war, India will be non aligned and will still buy oil from Russia, Saudi, UAE, Iran etc.
n/a AIsuicide 2017-03-05
I will delete India off the list. My apologies. Thought it was a currency crisis like the rest. Your last statement helps prove my overall point. This is a very real possibility.
n/a jimmydorry 2017-03-05
Is it not confirmed that Saudi Arabia funded and planned 9/11 though? Those redacted pages from the gimped investigation committee blame Saudi Arabia.
n/a ASCAdmin 2017-03-05
US, Israel and Saudi Arabia all have dirty hands.
The US is in on it as well, and likely directed the Saudis.
I do not believe that the investigation covers behind the scenes going-ons.
If not, tell me how is it possible to occupy NORAD on some bullshit exercise on the very day, stand down and not have at least one fighter intercept each airliner?
Exactly. They're all in it.
n/a jimmydorry 2017-03-05
I don't think the investigation was ever going to reveal anything substantial. But even with everything stacked against it, they still point the finger at one of America's allies. It's sickening how America remains allied with them, let alone prevents any proper investigation.
I think it's pretty obvious that it was an inside job, but if we just go on what has been official reported, Saudi Arabia shares a large portion of responsibility.
n/a ASCAdmin 2017-03-05
Haha, but Iran takes the blame for it. One of the dumbass judges ruled that Iran must pay reparations. Hahaha...
n/a BiglyMAGA 2017-03-05
This has never been conclusively proven, other than "MUH FIVE DANCING ISRAELIS".
n/a ASCAdmin 2017-03-05
Bomb trucks with Mossad agents.
Israelis quietly repatriated.
The 5 clowns that were caught weren't the only ones.
n/a BiglyMAGA 2017-03-05
There were German passports as well.
Yet no one claims Germany brought down the twin towers.
n/a ASCAdmin 2017-03-05
Haha... Judging from your user name, I can tell that you love Trump, but do try wake up from your slumber, or at least google it.
9/11 Jewish Israeli Mossad Truck Bombs on Sept 11
n/a BiglyMAGA 2017-03-05
Their username is "Christ Conquers" - who is in the deep slumber again?
Instead of linking a video and expecting me to watch it, why not summarize the information for me in your own words?
n/a ASCAdmin 2017-03-05
If you are going to judge the video based on the user name, and not the content, which was ripped from many sources, then I have nothing more to say to you.
n/a BiglyMAGA 2017-03-05
So in other words, fake news is prominent among news organizations, but this is totes real, guise!
n/a ASCAdmin 2017-03-05
Hahaha... I see what kinda person you are now. Typical Trump supporter. Got it.
n/a BiglyMAGA 2017-03-05
Nice deflection. I'm sure it's helped you go far in life.
n/a ASCAdmin 2017-03-05
The only one deflecting is you.
n/a BiglyMAGA 2017-03-05
Okay bro.
n/a tiredbabyeyes 2017-03-05
Search CNN archives for the bombs at GWB on the same morning. Also the truck load of Israelis detained by LE and then let go or who knows what
n/a AIsuicide 2017-03-05
Also, Reuters story in Dec. 2016 By Rania El Gamal, Parisa Hafezi and Dmitry Zhdannikov | VIENNA
Russian President Vladimir Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the cartel's first deal with non-OPEC Russia in 15 years.
n/a ASCAdmin 2017-03-05
Oil trade, nothing more.
Saudi Arabia still sees Iran as a threat to their regional power. US and Israel certainly want them dead.
n/a AIsuicide 2017-03-05
Disagree. Majority of US population does not want war with Iran. Also, many people tired of doing Israel's grunt work. Nation is divided, Trump is at war with media and intelligence agencies. So when you say US wants them dead, I have to ask what you mean by US.
n/a ASCAdmin 2017-03-05
I'm talking about the country. Whether the people are "tired" or not, matters not.
Additionally, Trump got into power with bellicose rhetoric with regards to Iran and China.
n/a AIsuicide 2017-03-05
Disagree. I voted Trump because he didn't want war. Hillary was the one saying we needed to create no-fly zone in Syria. Which definitely would have sparked it up with Iran and Russia. Trump does not have my support for war with Iran. I know I'm not alone in this. That's the reason I posted this story.
n/a ASCAdmin 2017-03-05
He did not want war in Syria, and Russia. He wants to be aggressive with Iran and China and everything is on the table. He is super pro-Israel and Jew and he says it all the time.
n/a murbil 2017-03-05
bwaaaaa hahahahaha ahahahaahaha aaaaaaaaaaaaaa
n/a ASCAdmin 2017-03-05
Nice of you to show the level you're at.
n/a murbil 2017-03-05
kinda means we're all on the kill list... eh, too many of us anyway... pours fluoride down your throats, jabs you with a needle, sticks a gay frog full of bpa in your ass and slaps it here's a shovel, the cemetary is that way.
n/a javi404 2017-03-05
Who cares.
n/a AIsuicide 2017-03-05
Go polish the scratch on your screen. Nothing for you to concern yourself with here.
n/a javi404 2017-03-05
Wow, stalker I see.
n/a AIsuicide 2017-03-05
Researcher. Who you are and what you do aren't really my concern. Just like to know who I'm dealing with these days. Why bother stopping by to ask who cares? What does that accomplish? If I don't care about a post.. I keep scrolling till I find one I do care about. You should try it.
n/a javi404 2017-03-05
I didn't say "who cares" to a specific post, I said "who cares" to this whole topic, this thread.
3/4 of US dollars are in circulation outside of the USA. One country that decides to pretend they are going to stop using the USD is nothing important. If you post threads on reddit, don't take responses to the thread so personal.
Iran can introduce their own currency and it won't affect us one bit.
I'm sure the USD will still be used on the black market just like most places.
n/a AIsuicide 2017-03-05
You misunderstand the thread. It's about the US dollar being replaced by another currency regarding oil. It's not about Iran having it's own currency.
n/a javi404 2017-03-05
You mention just Iran. Are any other places like Saudi Arabia, Russia, Canada, etc going to stop using the US dollar for oil?
In the end does it really matter? I can change US dollars to gold bricks to Rubles without getting out of bed.
n/a AIsuicide 2017-03-05
Research BRICS. Do you purchase oil for an entire country?
n/a javi404 2017-03-05
https://en.wikipedia.org/wiki/BRICS
What about them?
n/a SomeSuperMegaNiceGuy 2017-03-05
When a country stops trading in US Dollars then that money eventually floods back into the US, that means the fed will have to produce less dollars, that means interest rates will go up, that means inflation, that means your buying power dwindles. The US currency is on a razor wire, while it may be able to handle Iran changing, other countries following suit could tip the whole apple cart over and crash your economy.
Iran is also mortal enemies with Israel and Saudi Arabia, so Washington will be getting lobbied hard to go to war.
Although if Russia and China step in you now have a proxy war being fought in Iran involving the US, NATO, Israel, Saudi Arabia, Russia, China and whoever else is gonna step up. That will most likely spill over and then the next thing you know Nuclear Holocaust.
n/a AIsuicide 2017-03-05
Thank you...voice of sanity. That's why this is important.
n/a javi404 2017-03-05
I wouldn't gamble or trade stocks if I were you.
Have a nice evening.
n/a Toopatoopa 2017-03-05
Russia and China are moving away from the dollar. The reason the US dollar holds its value is because you need US dollars to buy oil. Once there is a large enough option to buy in other currencies and the US dollar is no longer necessary, countries won't have to have large reserves of it to facilitate oil trade.
n/a javi404 2017-03-05
The reason the US dollar holds value is because people believe in it.
n/a Ducttapehamster 2017-03-05
Why does it matter? Its not like they were an ally of us, and we don't even get most of our oil through Iran. We get something like 4% were a larger ally of Saudi Arabia who I doubt would change from the dollar because their entire economy is based on selling oil to us. And they give us about 8% of us and they hate Iran also.
n/a AIsuicide 2017-03-05
So, Saudi Arabia getting ready to ship a shit ton of oil to China isn't important? As we proclaim we will do everything we can to become oil independent? Who do you think Saudi Arabia will side with for their own future interests? These decisions get made on long-term realities. Iran knows they are next on our "we have to go to war with them". The whole world knows it. I think they're all getting tired of it.
n/a Ducttapehamster 2017-03-05
By the time that were oil independent we won't be based on oil, electric cars are going to take over in probably less than 20 years and by that point oil will be a non issue. And by that point China's and India's economy will probably be larger than ours anyways. We have to get used to the fact that in the future we simply won't be the #1 economy so using the dollar for everything might be dumb anyways. I doubt it would change though, there would have to be a reason to switch to the yen and I have to imagine it would be simply easier to stay with the dollar.
n/a AIsuicide 2017-03-05
So, it wouldn't benefit a country/group of countries to have its currency be the established petro currency for the next 20 years? That's plenty of reason. And China has already been trying to get the petro dollar switched to the Yuan.
n/a juanwonone1 2017-03-05
Oh geez i wonder who we'll be going to war next.
n/a MidnightTide 2017-03-05
Depends on if they actually go through with it. March 21 isn't far away.
n/a bigbura 2017-03-05
Just the latest in a long string of geopolitical escapades centered around oil, this all started in the late 1800's. Check out The Prize, it's an eye-opening read.
n/a AIsuicide 2017-03-05
Thanks, I will.
n/a Letstalkcheetos 2017-03-05
Trump and the Republicans are desperate for a war. Republicans have been planning an Iran invasion for years. This will most likely be our next middle east conflict.
However the next war will probably be what Russia wants, since the Russian faction of the New World Order now controls the US government through blackmailing Trump.
n/a AIsuicide 2017-03-05
Who is Russia going to have us go to war with for them?
n/a Letstalkcheetos 2017-03-05
I think there is a conflict brewing over China. Ukraine will now be fucked, as US support will crumble.
n/a AIsuicide 2017-03-05
So, we're going to war with China over the Ukraine?
n/a Letstalkcheetos 2017-03-05
Ahh so you are a troll. I thought you were seriously looking to discuss for a second.
n/a AIsuicide 2017-03-05
I'm not a troll. Ukraine has 2/3 of NATO surrounding it right now.
n/a TrumpFVckedMe 2017-03-05
This thread: I have a theory. Now you search it.
n/a AIsuicide 2017-03-05
Your comment: I'm an ass. Now I prove it.
n/a TrumpFVckedMe 2017-03-05
At least I post proof.
n/a AIsuicide 2017-03-05
Good one. Look, can you give me a break here? I'm on my phone and I can't shorten URL when I try to link stories. I try to post dates and headlines to make search easier. There's plenty of proof for this happening.
n/a UpdatesIowa 2017-03-05
They must be pressured to do so?
I don't understand why one of the last "hit-list" countries just happens to wait for all the other "hit-list" countries to be taken over to do this action. Like if they wanted to do this they could have done it decades ago (and been taken over.) But they just decide to do it when another regime comes into office?
Like I know they are all dominoes that eventually will have a R***schild central bank - and we all know that is the goal. But why make it so obvious? It's like the narrative is clearly: "Go against the Central Banking System = Military Takeover." Why do it now? Are they being ordered to do it? If so, isn't that TPTB basically broadcasting that that is the ultimate goal?
n/a AIsuicide 2017-03-05
Russia being in Iran to help Syria may have something to do with the move. With the majority of our government saying Russia is the bad guy, why wouldn't they try to force a play with China? With the US threatening trade war with China why wouldn't they go along with Russia on this? I agree completely with the R***child central bank end game scenario. Russia and China do not have those central banks in their countries. It's an advantage. If they takeover the petro dollar they become more powerful than the central banks. That...is world war 3.
n/a UpdatesIowa 2017-03-05
Good reply. So you think it's more Russia/China "influencing" Iran to drop the dollar to provoke the U.S. into an international war?
I know Iran is allies with Russia/China. Not sure about the previous ones that just "decided to drop the dollar:" Iraq, Libya. Were those countries also influenced by the R/C coalition? Were all of those failures to goad the U.S. into WW3. (Or maybe they weren't failures and stretched our army out..)
Makes sense if you're looking at chess pieces that TPTB control of EVERY country. But, not sure if it's still two factions warring.
n/a AIsuicide 2017-03-05
Gaddafi in Libya tried to do it on his own, same with Saddam in Iraq. As far as Iran announcing it..look what happened after they did. Saudi king visits most of Asia all this month. And then there's this article in Reuters that no one talks about. Putin was working on this in 2015. Thu Dec 1, 2016 | 8:28 PM EST
Exclusive: How Putin, Khamenei and Saudi prince got OPEC deal done
I'm on my phone so can't archive crap or shorten URL.
n/a Dredgelord 2017-03-05
Yo iran and north korea are on the shit lost. Headsup those govs.
n/a AIsuicide 2017-03-05
China just cancelled coal imports from North Korea, that's why the oil deal with Saudi Arabia is so important. Their air is fucked up. But this story about solar panels being the near term solution doesn't work for the amount of production China has. I think North Korea is going to get real quiet because they haven't been invited to the party. Iran knows what's coming, that's why they will push for Russia/China alliance. Probably by meeting with Syria/Turkey/ Saudi Arabia to establish new Middle East stability treaty.
n/a Romek_himself 2017-03-05
Same reason for russia ... all the anti-russia shit started when Putin said he plans to sell oil for ruble.
Anti-china, russia, brazil, south africa, india propaganda started when BRICS said they will not use dollar for trade with eachother anymore.
Iraq, Libya and others got destroyed because they was going to remove dollar.
the real danger to worldpeace is the USA
n/a tatikios 2017-03-05
Iran has been using the Euro since 2003 in oil dealings.
Why do people keep pretending this is new?
n/a AIsuicide 2017-03-05
Iran has pushed for years to have the euro replace the dollar as the currency for international oil trade. In 2007, Tehran failed to persuade OPEC members to switch away from thedollar, which its then President Mahmoud Ahmadinejad called a "worthless piece of paper".Feb 8, 2016 Reuters. Article goes on to talk about exactly what this post is about.
n/a tatikios 2017-03-05
Ok, again: Iran is already using the Euro. It has already "dropped the dollar" and no war happened.
I've been reading for years that "Iran will drop the dollar, war js coming" but guess what didn't happen?
n/a AIsuicide 2017-03-05
OK..again. we are discussing petro currency. Iran is only going to accept Euros for the buying and selling of oil. All oil purchases are made with the US dollar. If you come back to this to disagree, bring a linked source with you.
n/a tatikios 2017-03-05
Here you are:
http://www.resilience.org/stories/2006-01-29/trading-oil-euros-%E2%80%93-does-it-matter/
Another one asking in 2006 if this will lead to war. Guess what? NO WAR
http://www.wnd.com/2006/02/34643/ And Iran is not alone. Iraqi oil can only be bought in Euro:
https://www.theguardian.com/business/2003/feb/23/oilandpetrol.theeuro
What? How is that even possible? I though the US went to war with Iraq specifically to prevent this? Was I lied to??
Yeah, I need those. Where are your sources?
n/a mukesky 2017-03-05
The Guardian article is kinda funny, dated February 2003. The US invaded Iraq in 2003. Do you really think the US invaded Iraq because they thought Iraq possessed WMD's? /tatikios
n/a tatikios 2017-03-05
What on earth does that have to do with the topic?
n/a mukesky 2017-03-05
It has everything to do with it. Tell me, do you really believe the US invaded Iraq because it thought they had WMD's?
n/a tatikios 2017-03-05
I don't know.
What's your point?
n/a mukesky 2017-03-05
Good answer.
n/a tatikios 2017-03-05
I don't like to speculate. Facts matter. Evidence matters.
n/a mukesky 2017-03-05
Why did the US invade Iraq? Why did the US/NATO destroy Libya in 2011? Was it the US aim to "save" Libya or Gadafi's decision to create the "gold dinar"? And what is Libya like today? Why is the US supporting an insurgency against Syria?
The US can only sanction Iran right now. If it were possible that the US wouldn't suffer consequences the US would have already bombed Iran long ago. You have to go back to Iraq, Libya and now Syria, and how quickly the US was able to go after those countries. Russia is another example, the US was able to create certain circumstances through its coup in Ukraine. Now the US/EU have sanctions on Russia. The same scenario, the US would have bombed Russia long ago but Russia is not as easy to do as Iraq, Libya, and Syria.
n/a tatikios 2017-03-05
I'm not claiming to know the answers to those questions so why do you ask me.
Do you agree that your statements about "petrodollar" were wrong?
n/a mukesky 2017-03-05
Not wrong. I was trying to tell you that for some countries the US was able to act decisively and bomb those countries right away. You have to understand that the US can't just bomb Iran and Russia for drifting away from the petrodollar. The US has to use other methods like sanctioning those countries, and again, the US uses different pretexts; Iran non-existent "WMD", "Russian aggression" etc.
We just see things differently. It was nice chatting with you.
n/a tatikios 2017-03-05
They aren't "drifting away from the petrodollar".
Did you not understand anything I wrote?
Why do you keep insisting thet the petrodollar is a currency?
n/a metric_bob 2017-03-05
OP, here's the news you maybe missed?
http://www.globalresearch.ca/hillary-clinton-if-im-president-we-will-attack-iran/5460484
n/a AIsuicide 2017-03-05
I didn't miss that. That's why I voted Trump. But if he says war with Iran, I do not support it. We have to tell our government we're sick of this shit. Our boys don't need to go die for oil currency. Fuck that.
n/a metric_bob 2017-03-05
Yup yup
n/a Gyshall669 2017-03-05
That's stupid, Trump is waaaaaaaaay more likely to start a war with Iran. Hillary was talking about the scenario where Iran nukes Israel. She was also talking in 2008, before we realized Iran could actually be some of our most useful allies in the Middle East. She actually wants to pivot to Iran and away from Israel.
n/a tatikios 2017-03-05
Globalresearch? Fucking hilarious.
They predicted in 2004 that a war with Iran was about to begin.
Reason: switching to the Euro for oil purchases.
http://www.globalresearch.ca/articles/CLA410A.html
Why does anyone trust these fake news sites?
n/a metric_bob 2017-03-05
Maybe you'd rather hear Hillary say it in her own voice before you call it fake??
https://www.youtube.com/shared?ci=ofAY7LDqst8
n/a tatikios 2017-03-05
Yeah. In case Iran attacks Israel first.
Did you actually pay attention?
n/a Peace_to_you_all 2017-03-05
Why can't we just leave them alone?
n/a AIsuicide 2017-03-05
We could've left Libya alone. Wouldn't have the African refugee crisis if we had. Everytime a country threatens to go off the US petro currency we do a regime change. It's economics. Our currency will become worthless without the petro status.
n/a silkenindiana 2017-03-05
Well fuck them than, right? Not really, but this is the attitude.
n/a AIsuicide 2017-03-05
Tell that to the men and women who either come home fucked up or don't come home at all because of the war.
n/a silkenindiana 2017-03-05
No I agree this is a shitty attitude. I said "not really, but this is the attitude." Attitude of others, not me.
n/a AIsuicide 2017-03-05
I know. Otherwise you wouldn't be on this sub taking part in the conversations.
n/a Russianfairy 2017-03-05
new currency - gold
n/a AIsuicide 2017-03-05
That's why China and Russia are buying a shit ton of it right now. Germany is demanding their gold back from the Reserve. Don't know if they've gotten it yet.
n/a tatikios 2017-03-05
That's a commodity, not a currency and it's completely unrealistic to base any modern economy on gold.
n/a murbil 2017-03-05
maga baby . . . .. krav maga
n/a mojo45678 2017-03-05
I've been trying to tell people for months, the flywheel US economy is crashing. Oil is being phased out after reigning king for hundreds of years, the debt bubble is exponentially growing, the trade deficit growing exponentially as well, wealth accumulating at the top and being siphoned out of the economy, consumerism taking over production. We're watching the US being sucked dry, and economic collapse is eminent within the next three years.
n/a notCharlie0115 2017-03-05
Iran are already preparing for this. Didn't they just successfully test the Russian supplied S-300 AA?
n/a BeckerLoR 2017-03-05
Does Iran have a Rothschild bank?
n/a AIsuicide 2017-03-05
Great question. Don't know. Guess I got more research to do.
n/a BeckerLoR 2017-03-05
Yeee, if they don't looks like I'm being deployed soon...
n/a AIsuicide 2017-03-05
Thank you. For your service and the link.
n/a VeryConfusedOtter 2017-03-05
Guys everyone knows about this except for the weirdo God obsessed conservatives and the weirdo ignorant millennial libtards. Why do y'all think the gas prices dropped to under $2? That shit doesn't happen magically.
n/a anonymous_212 2017-03-05
Didn't Saddam Hussein threaten to switch to Euros for oil payment?
n/a CSTO_GO 2017-03-05
This was in retaliation for Trump's placement of Iranians on the Muslim/not-Muslim ban.
And stop whining about WW3, fucking melodramatic pussies.
n/a no_no_sorry 2017-03-05
Looks like Iran is about to be "liberated"
n/a spez_ruined_reddit 2017-03-05
When the Petrodollar crumbles, alot of people in the US are going to be proper fucked.
n/a bhaga 2017-03-05
Dear Leader Trump is creaming his pants. This is his opportunity to prove his exclusive loyalty to Israel.
n/a _Ph03niX 2017-03-05
All part of the PNAC.
n/a malowolf 2017-03-05
Iran is no longer using the dollar for financial reporting, but will continue to use the dollar in oil trade, at least for now. No threat to the petrodollar quite yet, so all out war will still be pushed off till later.
n/a dstorms492 2017-03-05
Seems like a good time to invest in bitcoin if you haven't already yet, fellas.
n/a RandallWho 2017-03-05
Forbes
n/a mukesky 2017-03-05
Aside from the "petrowars" here's Hillary saying she's gonna stop the rebirth of the Soviet Union "“There is a move to re-Sovietise the region,” the US secretary of state told a news conference in Dublin hours before going into a meeting with her Russian counterpart, Sergei Lavrov.
“It’s not going to be called that. It’s going to be called a customs union, it will be called Eurasian Union and all of that,” she said, referring to various iterations of a Moscow-backed plan to deepen economic ties with its neighbours.
“But let's make no mistake about it. We know what the goal is and we are trying to figure out effective ways to slow down or prevent it.”
https://www.google.com/amp/s/amp.ft.com/content/a5b15b14-3fcf-11e2-9f71-00144feabdc0
n/a TheMadBonger 2017-03-05
Must be a touchy subject, heh.
n/a AIsuicide 2017-03-05
Good move. I think it's going down. It's not going to be pretty. Max Keiser on Keiser Report RT News is one of the only people talking about this. That's where I found out the hedge funds are coming back to US from Great Britain.
n/a mastigia 2017-03-05
Which one?
n/a cannibaloxfords 2017-03-05
Bitcoins? What's coming is going to effect everything
n/a LibertyIsNotFree 2017-03-05
If you believe the USD is going to crash the one and only single investment that will matter is guns and ammo.
n/a 2McDoublesPlz 2017-03-05
Good thing I'm from the south and have plentyyyyy of those items.
n/a AIsuicide 2017-03-05
Very good observation. Wish I still lived up by the Springfield Armory.
n/a selfmindcontrol 2017-03-05
How did you switch you USD to silver? I have been strongly considering doing the same.
n/a AIsuicide 2017-03-05
Research BRICS. Do you purchase oil for an entire country?
n/a idontreadinbox 2017-03-05
And Bitcoin
n/a AIsuicide 2017-03-05
Who is Russia going to have us go to war with for them?
n/a Letstalkcheetos 2017-03-05
I think there is a conflict brewing over China. Ukraine will now be fucked, as US support will crumble.
n/a destronger 2017-03-05
pitchforks and torches.
n/a SomeSuperMegaNiceGuy 2017-03-05
When a country stops trading in US Dollars then that money eventually floods back into the US, that means the fed will have to produce less dollars, that means interest rates will go up, that means inflation, that means your buying power dwindles. The US currency is on a razor wire, while it may be able to handle Iran changing, other countries following suit could tip the whole apple cart over and crash your economy.
Iran is also mortal enemies with Israel and Saudi Arabia, so Washington will be getting lobbied hard to go to war.
Although if Russia and China step in you now have a proxy war being fought in Iran involving the US, NATO, Israel, Saudi Arabia, Russia, China and whoever else is gonna step up. That will most likely spill over and then the next thing you know Nuclear Holocaust.
n/a AIsuicide 2017-03-05
Disagree. Majority of US population does not want war with Iran. Also, many people tired of doing Israel's grunt work. Nation is divided, Trump is at war with media and intelligence agencies. So when you say US wants them dead, I have to ask what you mean by US.
n/a BiglyMAGA 2017-03-05
There were German passports as well.
Yet no one claims Germany brought down the twin towers.
n/a madtoothbrush97 2017-03-05
No, stay away from Euro or any other fiat currency please!
n/a Toopatoopa 2017-03-05
Russia and China are moving away from the dollar. The reason the US dollar holds its value is because you need US dollars to buy oil. Once there is a large enough option to buy in other currencies and the US dollar is no longer necessary, countries won't have to have large reserves of it to facilitate oil trade.
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n/a tiredbabyeyes 2017-03-05
Search CNN archives for the bombs at GWB on the same morning. Also the truck load of Israelis detained by LE and then let go or who knows what
n/a BiglyMAGA 2017-03-05
So in other words, fake news is prominent among news organizations, but this is totes real, guise!
n/a RandallWho 2017-03-05
Can you elaborate?
n/a bigbura 2017-03-05
You're so stingy with your words...educate us please.
n/a mukesky 2017-03-05
The Guardian article is kinda funny, dated February 2003. The US invaded Iraq in 2003. Do you really think the US invaded Iraq because they thought Iraq possessed WMD's? /tatikios