With Nato saying Russia is practically at war with Europe we see a master craftsman at work as now the main ally of the USA, the country which handed America world reserve Dollar status is about to jump ship in a spectacular fashion. America is about to come into the real world which is when you do nothing but print money bomb countries and force your agenda down their throats there is going to be a blow back. this time in spectacular fashion.
Last week, Russia announced an game changing shift for energy in which they are now allowing the sale of oil and natural gas to be done in both Roubles and Yuan, bypassing the dollar and cracking the 40 year old petro-dollar system. And on Aug. 31, Dr. Jim Willie reported during an interview with TFMetals Report that this break away from U.S. hegemony over the purchasing of oil is not being limited to just Russia, but that the foundational country of petro-dollar origin, Saudi Arabia, is in talks with the Eurasian energy giant to join them in a partnership that will also disconnect the Arab Kingdom from the dollar, and open energy sales within the OPEC nations to be done in Roubles, Yuan, and perhaps even the Euro.
While speaking with Craig ‘Turd’ Ferguson of the TFMetal Report, Dr. Jim Willie also pointed out that while Russia was not fully ready to use the Rouble as a primary currency for a large portion of their oil sales, the inclusion of the Yuan by Gazprom will allow multitudes of nations to bypass the dollar, and allow them to purchase oil directly from Russia without having to be enslaved to SWIFT and the financial mechanisms of the reserve currency that the U.S. has used not only for profit, but as a financial weapon.
Jim Willie: So what happened with Russia? They did in May the holy grail energy deal between themselves and China, and this is a long term, 20-30 year agreement. As well, back in May, April, and March I said watch Russia accept Yuan as a temporary device for energy sales.
Russia isn’t fully ready to do just Rouble sales. In Europe I think they are going to do Euro and Rouble sales, and with China they are gong to do exclusively Yuan sales.
So watch the Saudi’s… watch OPEC… watch the deals that Russia starts to integrate with the Person Gulf nations.
And kiss goodbye this petro-dollar. –
Our foreign policy protects saudi arabia from their own people uprising. I find it hard to believe that they are going to dump the dollar being that they are made of it.
If they are than its because the US wants them to.
maybe putin offered them the same protection-deal.
a lot of people think they pay protection money directly to the british btw.
every year they “buy” billions in weapons and equipment.
but nobody ever see’s it.
someone calculated once, that it should create a pile tall enough to be visible from nearby country’s!
so maybe the money flows to the u.k., but NOTHING actually gets delivered the other way other than some tear gas, leg irons and land rovers to opress the people.
S.A. realizes the dollar is going to crash. They don’t want to take that fall. So, they kiss and make up with the Bear, who they have tormented with threats to disrupt the Olympics to stage terrorist attacks in Russia.
They remain Russia’s biggest competitor for the sale of fossil fuels. And now Putin and the Saudi Royal Family may be scheming an energy monopoly and sudden death to the dollar.
That explains why the MSM is now engaged in Saudi Bashing, including RT, which has brought up the “Saudi hijackers” of the 911 myth.
After the dollar lost it’s gold backing in the 70s, the US made a deal with Saudi Arabia to guarantee protection of the Royal Family provided they only sold their oil for the dollar. Apparently, Saudis are betting on Russia to win the present standoff or war.