Category: Petrodollar

China’s Gold PetroYuan Futures Open: Gold Oil Surging To Multi-Year Highs As Over 10 Billion Trades In First Hour

China’s launching of the yuan-denominated oil futures contract will shock those investors who have not been paying attention After all the preparation, all the expectation, cheerleading and doomsaying, China’s Yuan-denominated crude oil futures contract began trading tonight and appears to be off to a good start with well over 10 billion yuan notional traded within the…

China Prepares To Launch Its Gold Convertible Petro-Yuan March 26, 2018: Five ‘Test Runs’ Have Successfully Completed.

The world’s top oil importer, China, is expected to launch its long-awaited and delayed yuan-denominated oil futures contract at the end of March, according to Reuters’ sources. The petroyuan is seen as Beijing’s challenge to the US dollar, the dominant global currency in oil contract settlements. UPDATE March 26, 2018: China’s Gold PetroYuan Futures Open:…

Chinese Petroyuan To Replace Rothschild Deep State Petrodollar

Petrodollars have dominated the global energy markets for more than 40 years. But now, China is looking to change that by replacing the word dollars for yuan. Nations, of course, have tried this before since the system was set up by former US Secretary of State Henry Kissinger in tandem with the House of Saud back…

The Petrodollar Doomsday Clock Just Ticked Closer To Midnight

Don’t be Duped! [I do not believe the East will go along with the IMF running the show using the SDR.  I want to point out;… the IMF was originally a U.S. led creation whereby the U.S. had and has control via it’s veto power.  How exactly does changing from one “paper” currency to another change…

Deep State’s Version Of Fiat Bitcoin: IMF’s SDR

The war on Cash: The money in your savings account isn’t piled up inside your bank’s vault, which isn’t true. Your savings don’t really exist. It’s all digits in an electronic account ledger. People transact with these digital currency units, whenever a bank transfer is made, or a credit card is used. The Dollar Is…

U.S. System Porked By Corrupt Fractional Reserve Banking

The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings “examining the United…

When $10 Trillion In Fiat Debt Plus $80 Trillion In Global Debt Is Created In A Decade

What happens when new currency [counterfeit = unbacked Foreign Federal Reserve Note] is created with few limits by central banks and commercial banks? Answer: Far too much debt and currency are created. One Last Grand Manipulation: U.S. Dollar’s Unsustainable Fraud. Everything Is Awesome Right Before The Entire Economy Collapses: No Problem For Iceland As They Jailed…

The Asians Are Out Of Patience With Rothschild’s Puppet US: The Reset Is Here!

The Asians are out of patience. The red flag could be telling us that the RESET is here. We might be witnessing a pretext in action, to cover for the rejection of the USDollar, the refusal to accept USTreasury Bills at ports in return for cargo delivery. At risk is the stoppage of all goods shipped…

China To Contribute 10% SDR Stipend To Washington D.C. Based IMF On October 1st. 2016

China will join the [tiny] club of nations whose currencies make up the international reserve basket. The basket is called Special Drawing Right (SDR) and the International Monetary Fund reviews its contents every five years, including 2015. SDR Basket Weights: The revised SDR basket will be based on the following weights: 41.73% for the U.S.…

Economic Rollover: Banksters Created The Greatest Ponzi Bubble In Financial History

The common consensus in the financial community today is that the Fed and other Central Banks have somehow managed to end the business cycle. The result of this is that we’ve entered a period of sustained growth (albeit low growth) that will continue in perpetuity until something magical happens and stronger growth returns. On the…