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Mexican crude oil to be sold to China without using the US dollar as its trading currency

 
No Dhimmi
Proud Infidel

User ID: 22312840
United States
09/22/2012 09:04 AM

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Mexican crude oil to be sold to China without using the US dollar as its trading currency
Sources inside the Mexican government refuse to confirm that the Mexico government has been in secret negotiations with China over possible crude oil sales to China without using the US dollar.

China officials claim meetings held with the Mexican government and Petróleos Mexicanos (or Pemex) are for investment and economic growth inside Mexico. Crude oil purchases fall under this heading however officials on both sides in the past have stopped short of publicly discussing crude oil or any talks related to any special agreements relating to crude oil purchases.

Sources inside Mexico claim this week that China has in fact brokered a secret deal with Pemex to purchase crude oil using currency means other than the US Dollar. The details of this agreement are still unknown at this time but China is expected to make a public announcement within the next few days.

[link to www.indymedia.co.uk]
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Renegade (Me too)

User ID: 21622140
United States
09/22/2012 09:12 AM

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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Sources inside the Mexican government refuse to confirm that the Mexico government has been in secret negotiations with China over possible crude oil sales to China without using the US dollar.

China officials claim meetings held with the Mexican government and Petróleos Mexicanos (or Pemex) are for investment and economic growth inside Mexico. Crude oil purchases fall under this heading however officials on both sides in the past have stopped short of publicly discussing crude oil or any talks related to any special agreements relating to crude oil purchases.

Sources inside Mexico claim this week that China has in fact brokered a secret deal with Pemex to purchase crude oil using currency means other than the US Dollar. The details of this agreement are still unknown at this time but China is expected to make a public announcement within the next few days.

[link to www.indymedia.co.uk]
 Quoting: No Dhimmi


Yay for Mexico!
Who is John Galt?
JanJan

User ID: 8542752
United States
09/22/2012 09:12 AM

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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Yup. The American $ is being shoved aside. The 'petrodollar' is like its origin, a dinosaur!
bumpbump
No Dhimmi (OP)
Proud Infidel

User ID: 22312840
United States
09/22/2012 09:21 AM

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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
As more countries around the world openly admit they are losing confidence in the US dollar there is no doubt that the US dollar is in grave peril of imminent and total collapse. In a news conference last week before federal policy makers the Federal Reserve Chairman Ben Bernanke said; “I don't think our tools are strong enough to offset the effects of a major fiscal shock, so we'd have to think about what to do in that contingency"
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 22312840
United States
09/22/2012 09:22 AM

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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Thread: Turkey skirting Iran sanctions by trading gold for crude
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 22312840
United States
09/22/2012 09:22 AM

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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Thread: Japanese Oil Companies have switched from Dollars to Yen to pay for crude oil
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 23022509
United States
09/22/2012 09:31 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Sources inside the Mexican government refuse to confirm that the Mexico government has been in secret negotiations with China over possible crude oil sales to China without using the US dollar.

China officials claim meetings held with the Mexican government and Petróleos Mexicanos (or Pemex) are for investment and economic growth inside Mexico. Crude oil purchases fall under this heading however officials on both sides in the past have stopped short of publicly discussing crude oil or any talks related to any special agreements relating to crude oil purchases.

Sources inside Mexico claim this week that China has in fact brokered a secret deal with Pemex to purchase crude oil using currency means other than the US Dollar. The details of this agreement are still unknown at this time but China is expected to make a public announcement within the next few days.

[link to www.indymedia.co.uk]
 Quoting: No Dhimmi


Good for them.

rockon
Anonymous Coward
User ID: 24212708
Australia
09/22/2012 09:58 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Oz is soon to be buying mining equipment from China in yuan and will get paid in it as well for our exports
us dollar is dead- face it, the rest of the world is moving on and ignoring your increasingly unimportant country
FATMANGOBOOM

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Canada
09/22/2012 10:04 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Well this is not good... means one of two things the dollar crash as the world reserve or war... damn it could be both...

This is going ot be an ugly transition I think with or with out the war...
Anonymous Coward
User ID: 20507767
Canada
09/22/2012 10:14 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Well this is not good... means one of two things the dollar crash as the world reserve or war... damn it could be both...

This is going ot be an ugly transition I think with or with out the war...
 Quoting: FATMANGOBOOM


No need for it to be ugly but our masters will make it so.
Biochemky

User ID: 919411
United States
09/22/2012 10:17 AM

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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Well, this is a fine thank you for the U.S. agreeing to help Mexico feed their people during a time of severe drought by selling that country 1.516 million tons of corn, the fourth largest sale of corn to a foreign country in U.S. history.

Thread: Mexico buys 1.516 million tonnes U.S. corn !!!

bump

Last Edited by Biochemky on 09/22/2012 10:28 AM
DERP

User ID: 1267719
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09/22/2012 10:17 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Just means all those stash of dollar bills the world Got wealthy on over the years , will not be honored.

They can write that debt off.Foreign bonds sales will not be honored.
Anonymous Coward
User ID: 23022509
United States
09/22/2012 10:19 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
Well, this is a fine thank you for the U.S. agreeing to help Mexico feed their people during a time of severe drought by selling that country 1.516 million tons of corn, the fourth largest sale of corn to a foreign country in U.S. history.

Thread: Mexico buys 1.516 million tonnes U.S. corn !!!
 Quoting: Biochemky


You are correct. I suppose they should go down the shitter with us just because, eh?
Anonymous Coward
User ID: 24229416
India
09/22/2012 10:24 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
As more countries around the world openly admit they are losing confidence in the US dollar there is no doubt that the US dollar is in grave peril of imminent and total collapse. In a news conference last week before federal policy makers the Federal Reserve Chairman Ben Bernanke said; “I don't think our tools are strong enough to offset the effects of a major fiscal shock, so we'd have to think about what to do in that contingency"
 Quoting: No Dhimmi


wont happen so fast...there are still 10 yrs left for dollar to collapse/..
Anonymous Coward
User ID: 23022509
United States
09/22/2012 10:25 AM
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Re: Mexican crude oil to be sold to China without using the US dollar as its trading currency
As more countries around the world openly admit they are losing confidence in the US dollar there is no doubt that the US dollar is in grave peril of imminent and total collapse. In a news conference last week before federal policy makers the Federal Reserve Chairman Ben Bernanke said; “I don't think our tools are strong enough to offset the effects of a major fiscal shock, so we'd have to think about what to do in that contingency"
 Quoting: No Dhimmi


wont happen so fast...there are still 10 yrs left for dollar to collapse/..
 Quoting: Anonymous Coward 24229416


10 years... ahahahhaha

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