dollar

You’re probably thinking, why does everyone put up with it?  Why don’t they just stop taking payment in U.S. dollars for their oil?  Why don’t they walk away from the entire system, altogether?
What do you think this current financial war is all about?  That’s right, it’s all about whether the rest of the world will be able to live their lives free from the oppression of the U.S. Petro-dollar system.
But, let me answer your a question with a question of my own:
You don’t honestly think that the crooks in the Federal Reserve, or D.C. in general, are going to give up this “exorbitant privilege” of having the world’s reserve currency, without a fight, do you?
After all, several countries have already tried to break away and escape from this system, and the results for each of those countries were deadly disasters!

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For four decades, the dollar’s standing as the world’s most important currency—which has under-girded much of America’s post-World War II primacy in international affairs—has rested largely on the greenback’s dominant role in international energy markets.
Washington’s ability to leverage the security concerns of Saudi Arabia and other Persian Gulf Arab states to influence their decision-making on how their oil exports are priced and their petrodollar surpluses recycled has been central to consolidating and maintaining the dollar’s unique role in international energy markets.
China’s rise, as a global economic power and as Persian Gulf energy producers’ most important incremental market, poses the biggest challenge yet to the indefinite prolongation of dollar dominance, as the era of the petro-yuan begins. 
In many ways the petroyuan got its start in Iran;  for several years now, China has paid for some of its oil imports from the Islamic Republic with renminbi.
The emergence of the “petroyuan” alongside the petrodollar will almost certainly accelerate the ongoing erosion of America’s wider hegemony.

jim willieIn this MUST WATCH interview with Finance & Liberty’s Elijah Johnson, Jim Willie breaks down his explosive prediction that Germany is in the process of pivoting east to join the Russian/Chinese/ BRIC alliance, and abandoning the fiat US dollar currency regime.
Willie states that WE HAVE REACHED THE END OF THE US DOLLAR REGIME!
The dollar is going to be rejected on the global stage, and the majority of Americans won’t even know it!

Jim Willie’s full interview on the end of the Petro-Dollar Regime is below: 

It is finally happening in full view, in unmistakable manner, in a way that the awake, the aware, and the conscious can perceive in alarming stunning terms.
The central force of Europe, the industrial juggernaut, the stable core, has begun to pivot East.
The Germans have had enough, fed up with destructive US activities of all kinds.   For the last few months, they have been laying out their indictment, their justification, their reasons to abandon the corrupt US-UK crowd.   The bank wreckage, the market rigging, the endless wars, the sanctions which backfire, the sham monetary policy, the economic sabotage, the spying, the gold gimmicks, it has finally reached a critical level. 

Germany has begun to move East in full view.   Only the deaf dumb and blind cannot notice, and they will probably never notice. They are fodder. 
The awaited signals seen by the Jackass have finally arrived.
Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China. The justification is becoming plainly laid out, in four perceived indictment charges. 
Germany will break from US/UK and its USDollar fiat currency regime over four primary thorny issues:

China goldJim Willie joins T. Ferguson for an excellent interview discussing:

  • The latest developments in the budding “Eur-Asian Alliance”
  • The progress the BRIC nations are making in setting up the 21st Century financial system
  • Falling U.S. interest rates and the treasury market- is a full-blow T-bond collapse imminent? 
  • Deutsche Bank and the other walking, TBTF zombies- which failing zombie bank is likely to trigger the next stage of the financial crisis? 
  • Holy Grail currency deal coming between Germany and China, as Frankfurt set to become a major renminbi currency hub!

Jim Willie’s full 60 minute MUST LISTEN interview is below:

PutinIn this MUST LISTEN interview with Paul Sandhu, the Hat Trick Letter editor Jim Willie discusses why the yuan is destined to replace the US dollar as reserve currency, and why the quickly growing Russian/Chinese alliance will DESTROY the US dollar.
Willie digs into the recent string of bankster deaths, his thoughts on the implications of the London silver fix ending in August, & the Fed money laundering funds through Belgium in order to prevent a collapse in T-bonds due to Russian liquidation.
Willie states that due Chinese & Russian liquidation, US Treasury bonds have gone NO-BID, and that a dollar-collapse looms!

Grab several cups of coffee as the Golden Jackass is at the top of his game throughout the entire 80 minute interview below:

Putin ammo shortageRussia and China have just signed what is being called “the gas deal of the century”, and the two countries are discussing moving away from the U.S. dollar and using their own currencies to trade with one another.  This has huge implications for the future of the U.S. economy, but the mainstream media in the United States is being strangely quiet about all of this.  For example, I searched CNN’s website to see if I could find something about this gas deal between Russia and China and I did not find anything.  But I did find links to “top stories” entitled “Celebs who went faux red” and “Adorable kid tugs on Obama’s ear“.  Is it any wonder why the mainstream media is dying?  If a particular story does not fit their agenda, they will simply ignore it.  But the truth is that this new agreement between Russia and China is huge.  It could end up fundamentally changing the global financial system, and not in a way that would be beneficial for the United States.

Gazprom dealLed by Vladimir Putin negotiating in Shanghai himself, the Russia-China “Holy Grail”  Gas Deal of the Century- $400 billion over 30 years, is official. 
Bye-bye Petro-dollar!

Some significant events are extremely likely to occur soon, which will change the American and Western landscape permanently. The confidence in the system will vanish quickly. The gold investors will be given a bolstered hope and much encouragement. The changes will hit like a storm, slow at first, the process already having begun. The storm will accelerate, the time between highly disruptive events to quicken.
The protection is with Gold & Silver bars & coins. The solution is not to be found at the doorstep of central banks, since they are the perpetrators of the systemic ruin. They escape prosecution since they appoint the prosecutors. The solution is a return to the Gold Standard, the introduction of new gold-backed currencies, the installation of new banking systems instead of SWIFT, and the construction of free trade zones. They will all be put in place, led by the Eastern superpowers.  The Gold Trade Standard will return
The following are some likely actual change agent factors, agents, and events, which could happen before year 2014 ends. 
2014 will not end as it began.

Several Russian News outlets have reported that Russia, Kazakhstan and Belarus, that currently form the Eurasian customs union, will sign an agreement in May to accelerate the formation of an economic union and a joint currency: the Altyn.
Russia’s economy is eight times smaller than the US, but by forming a new ‘empire’ on top of a vast amounts of resources, this economic block will be a serious threat for the US petrodollar.

Russia is now speaking openly about getting rid of the US dollar for trading energy, building its own payment system and closing gas export deals with China - the other Asian empire. The Eurasian Economic Union will be a powerful stab at the US dollar hegemony.
By the way, the meaning of the Turkish word “Altyn” is … gold.

bank-holidayThe catalyst will not be how much gold China owns.  The catalyst will be the fall of the petrodollar Once that happens, checkmate elites.  Game over US.  Gold and silver, rise to your natural relationship between supply and demand, no longer being
artificially suppressed.
Watch out for weekend surprises.  When people least expect, and/or are in a position to least react, some kind of announcement could be made that devalues the fiat Federal Reserve Note
These are the reasons why we keep exhorting everyone to buy gold and silver.  Price is immaterial, having it is all that mattersHaving gold and/or silver is what will keep you financially viable when this country falls apart, and fall apart it will.  

Willie dollar deathA global clash of nations is underway in full gear.   The time is finally right. The urgency is acute.
The banking system insolvency is widespread. The illiquidity has reached the surface. The geopolitical chessboard has busy movements of many pieces, even with a delayed check in Ukraine after a devious capture of the Cyprus castle but not the Syrian knight. The Saudi support via OPEC for the Petro-Dollar has fallen out of view, dragging its pummeled chin on the desert sands. The Eastern superpowers are marching arm in arm, ready to challenge the West. It seems the Western leaders, in particular the robot sock puppets of the Untied States, see the end of the USDollar. They appear to wish to lay blame on Russia for the death of the dollar.
The global rejection began with the Iran sanction workarounds, where India bought Iran’s oil & gas, but paid with Turkish gold, delivered to Tehran banks. The global rejection will achieve escape velocity with the acceptance of Russian Rubles for its energy products. The global rejection will achieve additional escape velocity with the acceptance of Chinese Yuan payments for Saudi crude oil (then all OPEC oil).
Coming is the launch of both the gold-backed Russian Ruble and the gold-backed Chinese Yuan. The global rejection will be final, and the funeral will be announced. 

bottom of the barrelIn this MUST LISTEN interview, Jim Willie discusses:

1. The Ukraine turmoil and Russia and China’s coordinated Financial and Commercial Response to the threats of the West led by the US
2. Though most of the Non-Western world is backing Russia, there are 3 countries in particular that will play a key supporting role in this new ‘cold war’, and at least two of these have been strong allies of the US in recent times.
3. Jim gives his insight into what he sees happening to US treasuries and the US dollar, and the Petrodollar in the short and long term.
4. Jim forecasts a ‘Split’ dollar, a domestic dollar, let’s call it the Republic dollar, and dollars held outside the US will become ‘International’ dollars.
5. The pressures that Jim sees placed upon the Domestic dollar and it’s near instantaneous 33% devaluation 
6. The coming BARTER System for settlement of international trade, reducing the US dollar to the dustbin of history.
A full 2 hours of Jim Willie at his finest are below:

crack srsrocco collapseThe notion of future U.S. Energy Independence will seriously disappoint the market and American public.
This strategy of energy independence put forth by the energy industry and U.S. Govt may buy some time for our anemic economy and the U.S. Dollar, but will back-fire in a big way when overall oil and gas production declines much sooner than expected.

return of the kingAn important backlash is coming to the perverse USFed monetary policy.   An urgent call for global action has been seen in the G-20 and BRICS nations.
The Iran sanction workarounds are to serve as the prototype for gold trade settlement.
Shanghai will set the oil price in Yuan terms.  China will insist on making oil payments in their own Yuan currency.
Russia will service the oil demands to Europe and Asia
The Saudis will comply with Yuan payments and any other major currency in payment.
OPEC will fade while the NatGasCoop will rise under Gazprom leadership
Europe is caught in the middle, but will eventually turn to Yuan and Ruble payments for oil shipments.
The death of the Petro-Dollar is in progress.  Shock waves will force a new Split Scheiss Dollar.

The birth of the Eurasian Trade Zone is nigh.
The Gold Standard will return, not in bank transfer platforms or currency trading platforms, but in peer-to-peer transactions made in settlement. The world demands a new payment system, an alternative to the deeply flawed USD-centric current system. Even effective viable barter systems are to emerge. It is coming. It will shake the world.