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goldcore.com / By Mark O’Byrne / February 21, 2013
GoldCore Insight – Currency Wars: Bye Bye Petrodollar – Buy, Buy Gold Currency wars are probably one of the greatest risks posed to the wealth of nations today.
theeconomiccollapseblog.com / By Michael / February 12th, 2013
Will oil soon be traded in a currency that is thousands of years old? What would a “gold for oil” system mean for the petrodollar and the U.S. economy? Are Russia and China hoarding massive amounts of gold because they plan to kill the petrodollar? Since [...]
zerohedge.com / By Tyler Durden / February 10, 2013, 20:16
China has been a very active purchaser of gold for its reserves in the last few years, as we extensively covered here and here, but another nation has taken over the ‘biggest buyer’ role (for the same reasons as China).
zerohedge.com / By Tyler Durden / 11/26/2012 14:02
Submitted by Gordon T. Long of GordonTLong.com,
Since September, the Currency Wars have escalated. It isn’t just because of the seminal monetary events of the Federal Reserve’s QE III “unlimited” and the ECB’s OMT “Uncapped”. It is more likely about the fact that China announced its [...]
zerohedge.com / By Tyler Durden / November 24, 2012, 09:50
When it comes to firmly established, currency-for-commodity, self reinforcing systems in the past century of human history, nothing comes close to the petrodollar: it is safe to say that few things have shaped the face of the modern world and defined the reserve currency as [...]
dollarcollapse.com / by John Rubino / October 9, 2012
Say you’re an up-and-coming superpower wannabe with dreams of dominating your neighbors and intimidating everyone else. Your ambition is understandable; rising nations always join the “great game”, both for their own enrichment and in defense against other big players.
thedailysheeple.com / Contributed by CrisisHQ.com of CrisisHQ.com / September 14th, 2012
As noted by many of our readers, one of the key topics omitted from our article on the inevitability of economic collapse, was the petrodollar system. Due to it’s significance, we felt that this subject deserves it’s own article. If you have never [...]
Please note, I receive no financial remuneration from James Dale Davidson or his organization. This is presented solely for the education of my viewers. BrotherJohnF
On December 21, 2012, a civilization-altering development will jam up our credit lines… mute the roar of our mighty military engine… topple the world’s biggest monopoly… and send shockwaves [...]
SHOW NOTES – Global Central Banks on Red Alert …Plus, an update on the Petrodollar System
On this week’s Follow the Money podcast, Jerry and Jennifer Robinson, begin the program with an in-depth discussion of this week’s announcements by the Federal [...]
Is the petrodollar dead? Well, not yet, but the nails are being hammered into the coffin even as you read this. For decades, most of the nations of the world have used the U.S. dollar to buy oil and to trade with each other. In essence, the U.S. dollar [...]
The U.S. dollar has probably been the closest thing to a true global currency that the world has ever seen. For decades, the use of the U.S. dollar has been absolutely dominant in international trade. This has had tremendous benefits for the U.S. financial system and for U.S. consumers, [...]
Premier Wen Jiabao talks with family members of Abdul-Rahman Ali Al-Jeraisy, president of the Saudi Arabia-China Friendship Association, during a visit to his home in Riyadh. [Xinhua]
The Economic Collapse March 22nd, 2012
The largest oil exporter in the Middle East has teamed up with the second largest consumer of oil in the world [...]
The seven-week sanctions against Iran oil sales and the use of the banking system and the Swift Code facilities by US, UK and European governments has as yet not been effective.
Negotiations are in process with six EU nations to adopt oil contracts [...]
“In my original ideas about the film, the ministry didn’t know whether there were terrorists out there or not because over the years they had so many counter agents and counter-counter agents out there and agent provocateurs who maybe set explosions to lure people in. The people lost track of whether there really were terrorists or not, but the important thing is the belief in terrorists had to be maintained to allow the ministry to continue to survive. Originally the film was called The Ministry. It was really about the survival of an organism like a great bureaucracy that will do anything to keep itself going.." - Terry Gilliam on Brazil
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