Users Online Now:
GLP Poker Rooms
GiveMeGossip.com - Gossip Forum
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:InTheHood:MV8yNTgwNjcwXzQ0OTYxMjk2X0EwRjMyQUQ3] [quote:Saddletramp:MV8yNTgwNjcwXzQ0OTU3MzgyX0REOEM5MEI0] [quote:InTheHood:MV8yNTgwNjcwXzQ0OTU3MDE3XzdFNjI2MTJC] [quote:Drunk Uncle:MV8yNTgwNjcwXzQ0OTU1ODYzXzkyNTRBQUM2] [quote:Saddletramp:MV8yNTgwNjcwXzQ0OTU1ODA1XzJENkRBODc1] If the dollar is not the reserve currency, then it is dead... How much you paying for Groceries and Gas right now?!?!? No inflation...gimmi a fuckin' break. [/quote] 10 to 15% annually and anyone with a brain can see that. Food and Energy removed from the equation??? Gimme a fucking break... They should use the stock market as a barometer for inflation since that's where all the dollars are flowing. What rate would that be over the last few years? [/quote] The 10-15% ties in w/my calcs. from 2000 forward on groceries, gas, personal products, close on electric/gas (that's all I used). I agree about the SM. Yeah it went up, so say you put $10k into it in 2000 for comparison, and cashed out now. After you pay your taxes, fees, etc. now what can you buy with that $25k or whatever (not doing precise calcs, going off top of head). If any financial guru's on board, it would be cool to see the actual calcs. on this, any takers? Anyway, probably, my guess, after cashing out right now, you probably can't purchase anymore with your "gains" than you could have back in 2000 with your original $10k. Might as well had it sitting liquid in the CU and avoided the fees/charges/taxes to the brokers/government. If you had a a lot invested, probably would have made out better paying off your mortgage and losing the interest. And, income wise, I don't know a whole lot of people that have been getting healthy raises or that have kept up w/the inflation other than those that received big promotions, and/or have their own unique business that is doing well in this environment. Even those in tech./healthcare, etc. aren't keeping up. The costs of everything relative to income is becoming extreme and getting worse, and don't even get me on my soapbox on the ACA boondoggle/fiasco; one of the last nails to go into the coffin, and I'm sure our infamous leaders have a few more to pound in before it's all over. [/quote] http://www.shadowstats.com/alternate_data/inflation-charts If you use the 1980 method of calculating Consumer Inflation we're running just over 10% right now... [/quote] Thank You! [/quote]
A little over a month 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 dollars. In doing so they admitted that while both nations are eager to move away from a US Dollar reserve currency, neither is yet able to provide an alternative. This changed rather dramatically overnight when in a little noticed statement, Gazprom's CFO Andrey Kruglov uttered the magic words (via Bloomberg):
GAZPROM READY TO SETTLE CHINA CONTRACTS IN YUAN OR RUBLES: CFO
In other words just as the US may or may not be preparing to export crude - a step which would weaken the dollar's reserve status as traditional US oil trading partners will need to find other import customers who pay in non-USD currencies - the world's two other superpowers are preparing to respond. And once the bilateral trade in Rubles or Renminbi is established, the rest of the energy world will piggyback...
link to www.zerohedge.com
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Wife, daughter and writer of controversial FEMA camp movie ‘Gray State’ dead in ‘murder-suicide’
Unedited, never released version of ‘Gray State: The Rise’ documentary – (VIDEO)
After Crying “Conspiracy Theory,” CNN Touts North American Union
9/11 Truth: The NIST “no molten metal” guy posing by steel with unexplained melting (PHOTOS)
Apple to store your fingerprints in the cloud, ripe for hackers and NSA surveillance
Obamacare Medical Meltdown Under Way
Google creates synthetic skin for cancer detecting project
China wants to become the world’s banker
“Hand of God” Spotted on Space Telescope
Is Obama Waging War on Stay-at-Home Moms?
Ebola can be weaponized for bioterrorism in UK
16% Of Global Government Bonds Now Have A Negative Yield
Your Next Bible Will Be A Hologram
Section 215 of the Patriot Act Expires in June. Is Congress Ready?
New Bill Would Let Cops Enter Your Home Without a Warrant and Kill Your Dog
Social Media Giants Adopt ''Mob Rule'' Tactics
NYPD to Permanently Patrol Protests with Machine Guns
The Coming Biological Infowar: US Proposes DNA Database
California-school mind control: grades for ''Gratitude''
TSA to Require 'Real ID' with Background Checks for Domestic Flights
The Dark Nexus of Mind Control and Artificial Intelligence
Scientists create customized soap bubbles for vaccine and drug delivery
When FDR made gold illegal to own for everyday people – At the point of a gun (A short video)
The Future of Medicine? Forget Private Doctor Appointments, Group Medical Visits are Coming
3D Printed Invisibility Cloaks Now Shields People from Sight
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.006s (5 queries)