BREAKING: New Oil Bourse on March 20th 2012 --> Bye Bye Petrodollar

Oil in dollars is the key to it all, take that away and the US is a thrid world country now.

Printing money would be gone overnight and demand for dollars would dry up.

There was a great article written by someone a few years back.Anyone know who wrote it?

It explained the petro dollar arangement to a tee!

The US has more oil than we can handle.

some guy on CNBC claimed this morning that the USA has been exporting and has not enough refining capacity. so even with falling demand, the price will go up.

Why does this date keep coming up?

It is the end date and the beginning of the apocalypse

Yes this is very true , so did you ever ask why we never start drilling for it?

It is because our dollars would be brought back here when the FED prints trillions more and inflation would be through the roof! We need the world to buy our dollars not our oil.

The price should be coming down, especially with the mild winter the northeast is having.

This is not the first time Iran has threatened this action, but it might be the first time that they actually DO it.

If so, this is HUGE.

Consider, when Saddam Hussein declared Iraq would no longer accept dollars for oil, it was not long before they bombed the crap out of him and replaced him with somebody who did not dare such heresy.

The most recent nation to stop selling oil in US dollars was Libya - who was going to demand payment in gold-back 'dinars' (a new single African currency made from gold).
This move alone was HUGE enough for French President Sarkozy to declare Libya as a threat to the financial security of the world. So, suddenly they bombed the crap out of Libya - and end of problem.

If Iran proceeds to sell its oil in other currencies, then the USA will either collapse or go to full-scale war. There are not many other choices.

Last Edited by I LOVE PENIS on 02/17/2012 12:31 AM

The entire system collapses after that, the United States has played roulette and lost.

Game over.

The jig is up: Everyone knows Americas core game now...

And the most non-specific post of the year award goes to...

how "coincidental" the looming bourse date approaches while the "attack Iran" chorus ramps up..

This thread is very informative

OOPS!
here you go

Thread: *RED ALERT* War with IRAN is now GUARANTEED! Proof inside!

Can someone clear this up for me?

I thought that Iran established an oil bourse that essentially stopped allowing the sale of oil for dollars back in December 2007:

[link to en.wikipedia.org]

But in the same article (above), March 20, 2012 is given as the date that Iran's bourse will stop accepting dollar-denominated payment.

So what actually happened in December 2007?

Since Iraq and Libya were clearly throttled mercilessly for making similar efforts, I have to believe that Iran is currently STILL accepting dollars - until March 20. Otherwise, bullets would be flying now. But does anyone have any idea what the December 2007 date in the wiki article above refers to??

If China or India ever let go of the dollar, I would be out of this Country

Plus that's right around the time Greece is finally supposed to "default." I think those two events will be intertwined somehow.

to root for the demise of the PetroDollar is like an American peeing in his own tea!

I agree it will be three for three bombs a dropping if Iran goes ahead with this.

agree...war is coming with Iran
probably this is one of the reasons.....

This is all a grand scheme.

While there is alot of blustering on all sides, both China and Russia will sit quietly by as Iran gets bombed.

USA/Russia/China are destroying the middle east using Israel as the foil to make a region that will supply oil cheaply and freely amongst all the superpowers.

Iran threatened it several times over the past decade, but never actually did it.

Obama levied sanctions and now they get gold instead of dollars for their oil. Way to go Obama....

Hahaha.. this, just what I was thinking!

Made me laugh, thanks!

//WildStyle

March 20,
the day of the labyrinth

highly symbolic day, when considered as the last day of winter and the end of the astrological year

Tarot Meaning

the judgment or awakening which urges leaving material aspects behind and seeking a higher spirituality. the card, depicting an angel blowing a trumpet, signifies that a new day, a day of accountability, is dawning. it is a card which moves us beyond our ego and allows us to glimpse the infinite.

Pisces - The Myth
The two fish, swimming in opposite directions, are considered to represent two different aspects of the human psyche, co-existing as best they can in the ocean of life. One fish is our 'spiritual' persona - the part of us that is beyond time and space. The other is our need to be a part of the material world.

[link to www.selenasol.com]

Last Edited by Possum on 02/17/2012 03:24 AM

I'm sure that there will shortly be a lot of UNCLE leaks onto this website - "My Uncle said that his son's girlfriend's brother has been told by his troop that he is moving out within days ......"

Five years ago called, it wants its post back.

Five years ago called, it wants its post back.