Dr. Mark > Now this is just theory and IMO but if the UAE (Senior lead of OPEC) moves to the Yuan as its reserve currency it cancels the position of the Petrodollar completely. Essentially forcing countries to trade in Yuan and lowers the oil trading strength of the USD.
So, if Iraq also moves, along with OPEC to the Yuan the US will need to move on their Dinar quickly to exchange in order to either pay the bonds the Chinese hold and I believe will call on those bonds or to take immediate advantage of the oil credits previously negotiated. IMO.....Checkmate!
UAE to activate China currency swap soon: Official (United Arab Emerites) http://www.emirates247.com/business/uae-to-activate-china-currency-swap-soon-official-2014-12-10-1.572828 Assistant governor says yuan clearing centre might also be set up in UAE By Reuters
THURSDAY INTEL UPDATE!!! Posted by EXOGEN on December 11, 2014 at 7:39am
EXOGEN > EXOGEN December 11, 2014 at 1:30pm OPEC VETERAN SAYS THE OIL CARTEL IS NOW POWERLESS http://www.telegraph.co.uk/finance/newsbysector/energy/11287602/Opec-veteran-says-oil-price-a-disaster-and-cartel-powerless.html
Janie > EXOGEN December 11, 2014 at 1:27pm The first was all astern full - meaning backing up, detouring around an obstacle. Now it's full steam AHEAD. The petrodollar has just been pushed aside by the heavy seas of the NEW "petro" - can you say byebye US Corporation? :)
Vinman December 11, 2014 at 1:21pm Full speed ahead...the petro dollar is hitting the road and ain't coming back.So long....farewell
EXOGEN December 11, 2014 at 1:21pm" So Long-Farewell"
EXOGEN December 11, 2014 at 11:09am HAVE YOU LOOKED AT THIS DOCUMENT
Vaughn Carey > EXOGEN December 11, 2014 at 11:22am Sudden Wealth
This is also a good BookMark
Guesses to Exogens Picture Clues/Intel:
G T December 11, 2014 at 1:44pm
Lawsuit Filed by Tier 2 Banks so they can play on a level Playing Field without Crashing
The Tier 2 Banks are BLOWING THE WHISTLE On The Tier 1 Banks for their Friends & Family Exchanges since Early November......ENOUGH IS ENOUGH!!!
Our Blessing Should Be FULL SPEED AHEAD within or Equal To 24 Hours
Tier 3 Banks ARE ANGRY & ARE BLOWING THE WHISTLE ALSO on the TIER 1 Banks
The Pressure IS ON!!!
We Have SNOW.......AGAIN (I KNOW, I KNOW)!!!!
Iraq is READY To START "POPPIN' BOTTLES"!!!!
The Petro Dollar looks like it's going to be "BURNED to ASHES"
China's Fighting Back.....COMING DOWN THE TRACK!!!
HIT THE ROAD JACK......(Petro Dollar & OPEC)
From Recaps Comment section:
Jack P. said:This Dinar adventure reminds me of the couple traveling and
the wife ask where are we and he responds to her,
"I don't know where we are at, but we sure are making good time".
Paul: greetings to all. I just got off the phone w an old business partner in SF, CA. his Dr has done the CE at WF w high up exec. also going to conf call Philippines tomorrow AM w fellow been in the game 11 years and is tight with one of the large int sellers of Dinar and dong. more tomorrow.
[daz] Oct 29, 2014 - It's official: ThE Federal Reserve is taking away Wall Street's favorite punch bowl. On Wednesday, the Fed ended its historic bond-buying . http://www.slate.com/blogs/moneybox/2014/10/29/fed_ends_bond_buying_historic_qe3_stimulus_program_finally_wraps_up.html
WHAT THE UST SAYS ABOUT HISTORICAL BONDS http://www.treasurydirect.gov/instit/statreg/fraud/fraud_historicalbond.htm
bravesfan » December 11th, 2014, 2:04 pm dollar is back up today 88.67
closed yesterday just below 88
Kelly123 : What happened that you changed from them showing us the budget on December 17th, to showing us nothing in December? I am curious as to what happened that changed your mind? Thank you, Frank!!!!!!!!!!
Aggiedad77: In my humble opinion.....we are awaiting the action/results of the committee that was formed at the end of November....early December to deal with the sliding oil price issues......they are taking time to address this properly IMO.....they do not want to bring forth a budget that would immediately make it appear they have "oil" on their faces.
Again, IMO.....a slight delay is not cause for alarm, but instead one should recognize their keen sense of "getting it done right the first time" philosophy.
As Frank has pointed out.....they may very well get some things accomplished in December but not apprise us of the activity until after the first of the new year.
Enjoy the cheer and celebration of the Holidays that are quickly upon us. Aloha Randy
Kelly123 » Thank you, Randy! I am not worried, was just wondering. The CBI told us that they were not waiting on the budget for Economic Reform ... I think things are happening and things are progressing forward at a very rapid pace. I like understanding news and I like understanding comments and what is behind changes. Thank you sooooooooo much!!! Have a fabulous day!!!!