Spreading the truth. Empowering the people.
by Jim Rickards via Daily Reckoning Investors have been speculating for years about the demise of the “petrodollar” deal struck by Henry Kissinger and Treasury Secretary William Simon in 1974. It was first … Read more
by Martin Armstrong The two major myths that I get asked about all the time are the Rothschilds and whether pricing oil in yuan or euro will cause the dollar … Read more
Do you believe that this new alternative system will be built?
by John Rubino Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of oil. But the US dollar … Read more
The decline of the Petrodollar increasingly seems to be an inevitability, but you can bet TPTB aren’t going to let it go without a fight. Recent events seem to indicate … Read more
Ron Paul discusses petrodollar being motive for US military involvement in Iraq & Libya
It finally launched! They said it wouldn’t happen but it did. After many delays and much skepticism, the Yuan based oil futures market has launched. Will this be a DEATH … Read more
Jaime Carrasco interviewed on Palisade Radio Jamie has a financial background in Canada as a credit analyst; this gives him a good understanding of the credit cycle and economics. He likes … Read more
Is the Petrodollar really being threatened by the Yuan crude exchange? Perhaps not right away but as the years go on? China is officially creating their Yuan based crude oil … Read more
News Articles here: 1. Russia, Venezuela Sign Deal on $3.15 Billion Restructuring www.bloomberg.com/news/articles/2017-11-15/russia-venezuela-sign-deal-on-3-15-billion-debt-restructuring?utm_content=markets&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-markets 2. US dollar will lose its ‘kingpin’ status – economist Jim O’Neill www.rt.com/business/409904-us… 3. How the Developments … Read more
By Michael Snyder Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t … Read more
Today’s Guest: Steve St. Angelo Websites: SRS Rocco Report srsroccoreport.com YouTube: SRS Rocco Report www.youtube.com/channel/UCED7…
by Jim Willie CB The Chinese Govt is greatly irritated by the requirement to use USDollars in payment for crude oil in the global market. The Beijing officials finally … Read more
by Daniel Carter Ever since the British Empire relinquished its empire status to the US in the early 20th century, the US dollar has thrived as the Global Reserve Currency. This … Read more
by Golden Jackass website The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But … Read more
by Ian Shilling The PetroDollar Economy The petrodollar system was set up by Kissinger in circa 1975 to drive up the demand for U.S. dollars. In 1971 the U.S. went … Read more