[shasta7] End of an empire? Huge shift in economics Thu Sep 13, 2012 4:29 pm (PDT) Posted by: "Jeannie Alvin" jeannie_alvin Dollar no longer primary oil currency as China begins to sell oil using Yuan http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan
[Precious] shasta7 yes I read that..someone wanted to know who the 5 countries were....It is big trouble now
[shasta7] Precious ... yup ... Indonesia is the NEWest member... lol
[Precious] shasta7 things are really brewing now
[shasta7] Precious YES... it is just a matter of time... most countries around the world are scrambling to get rid of their US Bonds...
[newshound] shasta7 shasta7 I have a question, If all the countries assets become the value of the currency then what is the value of oil, natural gas, minerals ect. in the usa not going to be of great benifit to us as well?
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[shasta7] newshound ... I believe the Dollar value will start crashing... the PTB are in deperate mode... & have no answers... as the fiat system is accellerating at an alarming pace... The Fed Res is shooting blanks... notice no one has heard from Timothy Geithner??? Very odd...... don't ya think!!!
[shasta7] Precious ... Secured Mortgage back securities... the question is who is securing them? Lol
[shasta7] newshound ... to answer your question... it will all depend on supply & demand... with the BRIICS not using USD... I would think price for oil would drop... as there is NOW more comp.
[shasta7] BUT... because of hyper-inflation... the prices could sky-rocket... to $150-$200 a barrel
[newshound] Yes that is after the bomb shell he let loose, I think this will make Americans take a look at how we can pull together and make use of all the blessings that the Lord has given us to use. This will not come without some painfull situations. When we stop passing out $$$ to all these other countries and help our own people we can make our politicians answer to the people again.
[Precious] shasta7 did you listen to Lindsey Williams?
[shasta7] Precious ... no I didn't...
[shasta7] what is he saying...
[Precious] he predicted gas oil to 150-200 barrel and says the US tricks the ME and that the mideast will have disruptions like we are seeing now....hmmm
[shasta7] Isn't he the guy connected to Alaska oil companies...
[Precious] he was a pastor for the Elite
[Precious] yes he flew up there and also told about the Backon oil find
[shasta7] Precious ... ok I know of him... he released some secrets...
[Precious] yes..all coming true as he said he was told from the elite
[newshound] Precious If the USA would just start moving vehicles to natural gas it would make us 2/3 more self reliant
[Precious] newshound we have more oil than the entire world put together if we would use that Alaska find
[newshound] Precious Yes, I agree as to why my statement earlier
[shasta7] I still believe this meeting coming up in London on Sept 18th & 19th... is HUGE.... as the whole meeting is totally about IRAQ & Iraq finances...
[Precious] they had that meeting last year too though
[Precious] timing is good now but........
[shasta7] The meeting is a who's who list... which includes Shabibi & Matthew Mould.... this should tell you how BIG it is... :-)
[shasta7] Lindsey Williams: "The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine." "On Thursday, Sept. 6... just a few days ago, China made the official announcement. China said on that day, our banking system is ready, all of our communication systems are ready, all of the transfer systems are ready, and as of that day, Thursday, Sept. 6, any nation in the world that wishes from this point on, to buy, sell, or trade crude oil, can do using the Chinese currency, not the American dollar. - Interview with Natty Bumpo on the Just Measures Radio network, Sept. 11< http://justmeasurescs.com/?page_id=18
[shasta7] This announcement by China is one of the most significant sea changes in the global economic and monetary systems, but was barely reported on due to its announcement taking place during the Democratic convention last week. The ramifications of this new action are vast, and could very well be the catalyst that brings down the dollar as the global reserve currency, and change the entire landscape of how the world purchases energy. Ironically, since Sept. 6, the U.S. dollar has fallen from 81.467 on the index > to today's price of 79.73. While analysts will focus on actions taking place in the Eurozone, and expected easing signals from the Federal Reserve on Thursday regarding the fall of the dollar, it is not coincidence that the dollar began to lose strength on the very day of China's announcement.
[Precious] they slipped that in during the dem national conference
[Precious] next time you hear about Bernankie...listen for the words...from the "Central Bank"..not fed chairman
[shasta7] Since China is not a natural oil producing nation, the question most people will ask is how will the Asian economic power get enough oil to affect dollar hegemony? That question was also answered by Lindsey Williams when he pointed out a new trade agreement that was signed on Sept. 7 between China and Russia . http://www.examiner.com/topic/russia in which the Russian Federation agreed to sell oil to China in any and all amounts they desired. Lindsey Williams: "This has never happened in the history of crude oil. Since crude oil became the motivating force behind our (U.S.) entire economy, and everything in our lives revolves around crude oil. And since crude oil became the motivating factor behind our economy... never, ever has crude oil been sold, bought, traded, in any country in the world, without using the American dollar."
[Precious] that also means Iran can trade in yuan and avoid the sanctions
[Cat-in-the-hat] shasta7 - So for us simply minded peeps - in a sentence or so - what does this mean - how will this come out in the wash?
[shasta7] Precious correct...
[Precious] they can avoid the dollar via China yuan
[Precious] so far they have kept this out of the news here
[shasta7] "Crude oil is the standard currency of the world. Not the Yen, not the Pound, not the Dollar. More money is transferred around the world in crude oil than in any other product." "On Friday, Sept. 7, Russia announced, that as of today, we will supply China with all of the crude oil that they need, no matter how much they want... there is no limit. And Russia will not sell or trade this crude oil to China using the American dollar." -Interview with Natty Bumpo on the Just Measures Radio network, Sept. 11< These duo actions by the two most powerful adversaries of the U.S. economy and empire, have now joined in to make a move to attack the primary economic stronghold that keeps America as the most powerful economic superpower. Once the majority of the world begins to bypass the dollar, and purchase oil in other currencies, then the full weight of our debt and diminished manufacturing structure will come crashing down on the American people. http://justmeasurescs.com/?page_id=18
[Precious] people get a lot of the real news from RT..Russian Times
[mimi3] Precious yes they have so it would not be good for the elections......
Precious] well.....I care about the Americans not the elections!..wow....we are really kept in the dark
[mimi3] Precious same here but they don't
[Precious] I know hon
[shasta7] Cat-in-the-hat what is simply means to me... is the PTB MUST get this global reset in place & soon... This is Russia & China forcing this...
Precious] and which one would not endorse sanctions on Iran?? now we know why
[unicorn] it seems to me that this is the beginning of the NEW WORLD ORDER
[mimi3] unicorn yep
[mimi3] shasta7 PTB?
[shasta7] mimi3 ... Powers To Be
[shasta7] The world countries are starting to make their move against the PTB... & against the USD & Banking Cartels because of their crazy spending undersight that allowed bankers to go wild...
unicorn] Sorry everyone for opening this can of nite crawlers
mimi3] unicorn never be sorry for the truth!
[Precious] everyone should google youtube Secret of OZ............tells how the PTB came into control............and how the banks steal our money. it is one hour and what an education....based on the Wizard of Oz story. it is really really good and gets better every minute you listen
shasta7] Precious YES very good video... lol