![]() |
|
|
Our goal is to have intelligent discussion of the topics of the day. We realize everyone has their opinion and they should be allowed to express it in a discussion forum without calling each other names. We learn from discussion and not from name calling or argument.We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. See details
Contact Form
Showing posts with label petro dollar. Show all posts
Showing posts with label petro dollar. Show all posts
Tuesday, April 17, 2018
Is This What Is Really Happening Behind The Scenes?
Labels:
assad,
Brandon Smith,
China,
conservative blogs,
conservative musings,
Conservative Tom,
cryptocurrencies,
Federal Reserve,
IMF,
neocons,
petro dollar,
Russia,
Suyria,
World War III
Tuesday, October 13, 2015
Another View Of The World Wide Chess Game That Is Going On In The Middle East
Saudi Arabia is much in the news these days for beheadings, crucifixions and varied whippings and stonings of young women and old men… and, at the same time, the UN has just added the Saudi ambassador to head up its Council on Human Rights! You really can’t make this stuff up!
But, why these reports and why now? Saudi Arabia has always had an atrocious system of “justice.” If the authorities think you are a danger to the regime they won’t just arrest you – they’ll arrest your entire family.
But the news-flow about Saudi atrocities is quite remarkable. Someone, it could be speculated, is working overtime to make sure that we know Saudi Arabia is a backward and barbaric country.
Most recently, we have reports that citizens who spread negativity about the government on social media face the death penalty.
It sounds bizarre, of course – but then so do crucifixions. ZeroHedge reported on the story, as follows:
According to state-run Makkah Newspaper in Saudi Arabia, the wealthy Gulf-nation is threatening its citizens with the death penalty for spreading rumors about the government on social media. An anonymous source within the Ministry of Justice stated only the worst “rumour-mongers” will be sentenced to death, while lesser offenders of the new policy will be disciplined with flogging, imprisonment, travel bans, house arrest, fines and social media bans.
Although the source is not mentioned by name, it should not be assumed that details of the column are any less credible. Human rights organization Reprieve reports that Makkah’s allegiance to the Saudi government is such that the claims should be considered legitimate. “Although the report does not use a named source, the nature of state-censorship in the Kingdom makes it unlikely that such claims would be made without the consent of the authorities.
Sounds outlandish, but so much of the news about Saudi Arabia is these days. As of this writing, there were reports that the Saudi military had mistakenly bombed ANOTHER wedding party in Yemen. That makes two wedding parties in two weeks. In this one, 22 are said to have perished.
But the war against Yemen now being prosecuted by Saudi Arabia is far from being restricted to the annihilation of wedding attendees. The bombing is seemingly taking place all over Yemen, and killing women, children and male noncombatants on a regular basis.
The slaughter is getting so bad that the usually fractious tribes of Yemen are said to be contemplating an invasion of Saudi Arabia.
Of course there are 33 million Yemenis and almost all of them, even the children, have guns.
It is difficult to think of whom would fight on behalf of the Saudis outside of its professional army. The Saud family running the country doesn’t seem to be thinking very clearly. That could be because the Saud monarch has just been diagnosed with dementia. A much younger Saud family member – the Crown Prince – is said to be behind the war with Yemen.
God knows why a trembling, tottering regime would pick a fight with the Middle East’s most formidable tribes. Like the Pashtuns in Afghanistan, the Yemeni tribes in aggregate have never been defeated. They retreat to the rugged interior of the country and continue to fight another day.
Is the Saud family fighting for its collective life? At this point it could be that many in the Saud family don’t believe they have much left to lose.
It is not reported on very much, but Saudi Arabia is gradually being cut adrift by the Anglosphere that created it in the first place.
The banking cabal that runs the West is determined to create a global currency – and sooner rather than later.
The Saud family propped up the US petrodollar all these years by demanding payment in dollars for its oil. This forced other producers to do the same.
Now it seems there are forces in the West that have decided the best way to destabilize the petrodollar is to destabilize Saudi Arabia.
This is why so many in the Saud family are buying huge farms in Nigeria. This is the reason for the extreme paranoia that has overtaken the Saudi regime of late.
The Saud family has always carried the water of the Anglo-American establishment. In turn, that establishment made the family rich beyond the dreams of avarice. But by playing with the evil empire you live by the sword and die by the sword. The West has a rich history of making friends with brutal rulers when it suits their agenda and then dispatching them at a later date.
Just ask Saddam Hussein who had a happy arrangement with Donald Rumsfeld when the US wanted to sell them arms, and chemical weapons… and then when his usefulness ran out he was brutally hung in what looked like a dungeon.
But the Anglosphere is unforgiving when it comes to achieving its goals. And now it wishes to destabilize and reduce the power of the dollar as well as cause as much chaos in the Middle East as possible as an excuse for why the dollar and US markets collapse.
Suddenly fracking has become popular, even though it is an old technology. Suddenly, a barrel of oil is worth far less than it used to be.
And suddenly the Saud family, used to presiding over an oil empire worth trillions, feels the ground shake and shift. The old regime faces an uncertain future.
It cultivated Wahhabism to radicalize the Middle East – at the behest of the Anglosphere that wanted to plant the seeds of a wider, religious war.
It demanded of all purchasers that they buy oil with dollars.
But now their patrons are trying to sever the dollar-oil link and the Saud family is standing in the way.
This is the untold story of what is really happening in the Middle East and why the petrodollar is gradually sinking into its grave. A new currency era is arising. It will likely be a global one built around a basket of currencies, so both East and West can participate.
But it will be run out of London as usual. And in any event, the Saud family probably won’t be around to appreciate it. And maybe Saudi Arabia won’t be either.
If I’m right, the next ruse to be put out by the US will be to release the “28 classified pages of documents” related to 9/11. Those who have been allowed to read the documents and sworn to secrecy on it, like Rep. Walter Jones (R-North Carolina), suggest the White House may have been hesitant to release the pages because the administration would look bad for its ties with the Saudis.
“There’s nothing in it about national security,” Jones told the New Yorker. “It’s about the Bush Administration and its relationship with the Saudis.”
Those documents, like almost everything released by the US government on 9/11 are likely full of lies… but it is clear that they will try to make Saudi Arabia complicit in 9/11 (which they likely were to some degree as a proxy state of the US) and use it as an excuse to attack and occupy Saudi Arabia in the near future to take control of the oil and manage it as they destroy the petro dollar and put in a new currency regime.
Pay attention to both Saudi Arabia and the petrodollar.
Of course, your average American is just watching baseball and has no idea of what is going on but there are Earth shaking events in process throughout the Middle East and in Saudi Arabia that will change American’s way of life dramatically in the coming months and years.
As always, CNN and the mainstream media will never tell you about it until after it happens. And by then it will be too late for many to salvage their remaining assets.
If you want to know what is really going on and learn of ways to not only survive and prosper as events unfold check out The Dollar Vigilante newsletter where this week we’ll be telling subscribers how to safely get their assets outside of the financial system prior to its collapse with incredible ease and convenience.
The CIA just airdropped 50 tons of weapons to Al Qaeda in Syria today to help continue a war that they want to see engulf the entire Middle East. And the US government has authorized its fighter pilots to shoot down Russian jets in or around Syria.
It might be time to watch a little less baseball and make sure you have your assets and yourself ready for a coming crisis that will shock the world.
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own,Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.
Monday, July 20, 2015
Normality Bias In Play In Greece, However, It Seems Wealthy Greeks Have Decided That Normal Will Not Return. Is There A Lesson Here For Us?
The Independent newspaper (UK) has a revealing article about wealthy Greeks and their current unease about Greece’s near-bankruptcy: “The wealthy citizens of Glyfada are worried – and plotting their escape.”
It is actually a sad article, showing quite clearly that many Greeks may have waited too long. They’re nervous about bank closures and capital controls – but as they have not planned well, it may soon be too late for them to escape the consequences of their procrastination.
One reads articles like this with a certain puzzlement. These are intelligent and wealthy people but they seem to have lived in some kind of bubble. The article states it well:
Crisis? What crisis? A Martian on a fact-finding mission landing in the Athens seaside suburb of Glyfada might wonder what all the fuss was about. Its restaurants and Italian-style cafés are full and the gleaming designer shops appeared to be doing a brisk trade yesterday morning.
But then there is this… a dawning knowledge of trouble in paradise: “Beneath the surface, Glyfada’s wealthy citizens are worried, and they’re plotting their escape.”
NOW they’re plotting their “escape” … now? They didn’t notice that Greece has been in dire straits for three or four years now, that talk of a Grexit has been raised regularly in the mainstream Western media, that Germany has been growing grumpier and grumpier while the IMF has been growing shriller.
We learn that Frau Merkel is a topic of conversation now, as is the possibility of capital controls. But one really has to wonder about the human capacity for self-delusion.
What did Greek’s wealthiest think about the rioting on the streets, which has been going on – on and off – for years? It was merely some sort of aggregate emotional self-expression – just blowing off steam?
And what about Cyprus’s “bail ins” right next door? Was that just the result of confusion? Did the authorities mean to allow savers to take out as much money as they could – but just get bewildered and confiscate 50% of their funds by mistake?
Now suddenly Greeks are waking up.
“The passport-issuing office of the Greek police received a surge in applications … from people in the wealthy Kifissia, Ekali, Filothei, and Psychiko suburbs of northern Athens. … sport applications are so high that staff are having difficulty keeping up with demand. ’The queues outside the passport offices in the northern and southern suburbs are unprecedented,’ one police official said. ‘Wealthy families want to be ready to leave, depending on the country’s situation.’”
Wow. Here are people in some cases with considerable means and sophistication. Yet they never bothered to get their passports. They never bought gold or silver? They never bothered to secure a second residence. (If they had, they’d surely have their passports as well.)
“At a boulangerie in Glyfada’s main shopping street, Orestis Tsaglis, a 31-year-old lecturer, said well-off Greeks were rightly worried about their future.”
Tsaglis tells us that Greeks are worried that their debt-holders are not going to provide Greece with the “haircut” the country needs to remain uncomfortably solvent. As a result, Tsaglis says that while he doesn’t have a passport, he’s going to be applying for one!
“’There is a real fear of things closing in on you. There’s a sense the whole country could close in on itself,’ he said, ‘and it’s not so far-fetched.’”
Here at TDV, we’ve been warning about just this sort of occurrence – not for the Greeks (that was obvious to everyone but apparently them) but for many other parts of the West, even (or especially) places like the United States where depressions and monetary confiscations have happened before.
It’s human nature to procrastinate and take the attitude that “it can’t happen here.” But what if it does? There are such easy, common sense remedies to the kinds of fears that the Greeks are now confronting. Purchase and secure precious metals. Secure passports and keep them at the ready (and get a second passport as back-up if you have the means). Provide yourself and your family with a place or places to go if need be.
These and other simple, significant remedies are available here at TDV. We’ve collected the best solutions and most practical solutions and made them easily accessible and available at a low cost. We’ve warned our viewers continually that they ought to be prepared for the kinds of difficulties that Greece is now facing.
Our most recent warning has been offered via my Shemitah video which is now going viral – which you can see HERE.
Shemitah, a cyclical, seven-year disaster, may seem far-fetched but I am afraid it’s not. It’s a likely reality that will have many consequences. It is not far off, either. The Shemitah end-day is in early September and while that end-day may or may not harbinger a specific disaster, it’s hard to avoid or argue against the idea that the West’s solvency is increasingly fragile.
In fact, one can argue that the same power elite that created the current petro-dollar system is now actively willing to undermine it for the sake of building a worldwide, non-dollar currency. If that’s the case, then the West’s dollarized economy is permanently and increasingly at risk.
Ask yourself: If one WANTED to destabilize the dollar, wouldn’t one do almost exactly what has been done. Pile up debt, print money, engage in an endless, wasteful wars, sell gold stocks, and keep interest rates ruinously low for nearly a decade now.
And don’t forget what is almost never mentioned: A thousand-trillion dollar derivative market that is almost bound to unravel if the system experiences significant stress. Portfolio insurance was supposed to be the “magic bullet” of the 1980s, but the crash of 1987 (during the Shemitah) proved how wrong-headed and simplistic that strategy was. People will learn this lesson all over again if there is a significant market event that destabilizes the derivatives market.
Please take a look at what we have to offer. This is not the time to relax. SOMETHING is happening – and these summer months may well prove to be a calm before the final storm.
You can pretend nothing is going to happen – as Greeks have apparently done. Or you can take action. Since you’re reading this article, you may have decided on the latter course or are in the process of doing so.
If so, I applaud you. You’re taking the right decision and you’re going to save yourself considerable stress.
There is an old adage – “Beware of Greeks bearing gifts.” But in this case Greek behavior may be an invaluable gift if it rouses us to action. Let their behavior be a warning to us.
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own,Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.
Subscribe to:
Posts (Atom)



