zerohedge.com / by Tyler Durden on 10/20/2014 19:10
Three months ago, the CEO of Total, Christophe de Margerie, dared utter the phrase heard around the petrodollar world, “There is no reason to pay for oil in dollars,” as we noted here. Today, RT reportsthe dreadful news that he was killed in a business jet crash [...]
edgetraderplus.com / By Michael Noonan / 11 October 2014
Miscellaneous, with a central not-so-apparent binder. Do they relate to gold and silver? In a way, yes.
At the end of September, Yahoo ran a picture of Putin along side of Stalin. No too much in the way of suggestive association at play here by [...]
caseyresearch.com / By Alex Daley / 7 October 2014
I sat down with Jim Rickards, author of many best-selling economics and investing books, including his latest, titled The Death of Money. In this exclusive interview, Jim shares his view on the changes in US foreign policy—the newly announced partnership with Iran to help fight [...]
caseyresearch.com / by Marin Katusa / Sep 30, 2014
Let China sleep, for when she wakes, she will shake the world.—Napoleon Bonaparte
Back in the 1960s, French President Charles de Gaulle didn’t trust the US, and as a result, he decided to reduce France’s US dollar reserves. He traded them for gold from the [...]
edgetraderplus.com / Michael Noonan / September 27, 2014
As we near the end of the 3rd Q for 2014, time is running out for all the 2014 enthusiasts that are calling for higher prices by year-end. The lessons learned from 2013 have been forgotten as not only are not prices beginning to move higher, they [...]
zerohedge.com / by Luke Gromen via Sprott Global / 09/16/2014 22:58
Where does capital really come from?
Most US policymakers believe that capital comes from debt issued by the Fed and its member banks; most other big debtor countries agree (i.e. Japan). On the other hand, policymakers of the world’s [...]
zerohedge.com / by Tyler Durden on 09/10/2014 16:33
If, when in February Victoria Nuland infamously launched a (not so) covert campaign to replace the ruling Ukraine president oblivious to the human casualties, resulting in a civil war in east Ukraine, NATO encroachment along the borders of Russia, and a near-terminal escalation in hostilities [...]
thecommonsenseshow.com / by Dave Hodges / September 1, 2014
The BRICS cannot run or hide from this devastating weapon.
It should be child’s play to to militarily chart the course of World War III. The sides are drawn and the options available to each side has become obvious. However, the true nature of our [...]
zerohedge.com / by Tyler Durden on 08/27/2014 13:57
Several months ago, when Russia announced the much anticipated “Holy Grail” energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar’s stranglehold on the rest of the world, neither Russia nor China announced payment terms to be in anything but [...]
zerohedge.com / by Tyler Durden / 08/14/2014 08:15 -0400
On one hand, despite initial weakness following Europe’s triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices [...]
blog.milesfranklin.com / By Bill Holter / July 23rd, 2014
The biggest news last week was that the BRICS bank has been formed and being funded. Some may argue that the downing of the Malaysian airline flight was bigger but I don’t think so. From a money and banking standpoint, the formation of the [...]
blog.milesfranklin.com / By Bill Holter / July 15th, 2014
Last week was full of news but the obvious in importance was the news out of Espirito Santo bank of Portugalhttp://www.chicagotribune.com/business/sns-rt-us-espiritosanto-esfg-20140710,0,5483314.story. This is Portugal’s largest bank and they missed a bond payment, their stock had been halved in the last month prior to being [...]
blog.milesfranklin.com / By Bill Holter / July 9th, 2014
We have already gotten many pieces to the ending of the petrodollar puzzle. We know about Russia and China (and the remaining BRICS) making deals in all directions that will not use the dollar. We have seen the U.S. allies Britain, France and South [...]
zerohedge.com / by Tyler Durden / 07/09/2014 11:13
File this one in the “understatements” category.
While recent US relations with Russia plumbed lows unseen since the Cold War, at the same time “succeeding” in cementing relations between Russia and China, the so-called Eurasian, anti-Petrodollar axis, and leading to an accelerated groundbreaking [...]
zerohedge.com / Tyler Durden / 07/05/2014 22:28 -0400
The USA is fast running out of friends to support its ‘exorbitant privelege’. Having alienated the Germans over NSA-eavesdropping, ‘boomerang’d the Russians into de-dollarization, tariffed and quantitatively eased China into diversification, and finally ‘punished’ France into discussing the dollar’s demise; it appears no lessor person [...]
alt-market.com / By Tom Chatham / 30 June 2014 14:52
This article was written by Tom Chatham and originally published at Project Chesapeake
The U.S. dollar is the world reserve currency, for now. That means everybody that trades in major commodities around the world needs dollars in hand to purchase what they want. In [...]
blog.milesfranklin.com / Bill Holter / June 18th, 2014
I wrote Mission “UN” Accomplished on Monday and talked about how Iraq has not been put to bed and in fact has become an even bigger problem than it has been. Whether officially admitted or not, Iraq’s oil was the reason we were there in [...]
zerohedge.com / by Tyler Durden / 05/22/2014 11:49
Before anyone suggests that all Russia is focusing on is China at any and all costs, consider that as we have been saying since 2012, perhaps just as important to Russia (and China) strategically is Iran which has already lashed out against the Petrodollar on numerous occasions [...]
caseyresearch.com / Chuck Butler / May 19, 2014 8:28am
In This Issue.
* Data Cupboards are bare this week! * Why can’t the dollar gain any traction? * Euro to rebound again? * Addison Wiggin on the end of the Petrodollar.
And Now. Today’s A Pfennig For Your Thoughts.
Groundhog Day For Gold .
dailyreckoning.com / Addison Wiggin / May 16, 2014
[Part I of this essay, The US Energy Boom Will End the Dollar’s World Reserve Status, was published in yesterday's Daily Reckoning]
So let’s say the U.S. is really not importing much Arab oil anymore,” says Erik Townsend in a thought experiment. “Well, if that [...]