Khamenei: Iran Set to Deliver 'Punch' to Stun West on Anniversary, page 4
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reply posted on 9-2-2010 @ 01:44 PM by hans kammler
hmm id heard of the iranian oil bourse from a few years back, and how the iranians intended to sell their oil in euros instead of dollars.
heres what a bit of digging found :



During 2007, Iran asked its petroleum customers to pay in non US dollar currencies. By December 8, 2007, Iran reported to have converted all of its oil export payments to non-dollar currencies. [8] The Kish Bourse was officially opened in a videoconference ceremony on February 17, 2008, despite last minute disruptions to the internet services to the Persian Gulf regions. Currently the Kish Bourse is only trading in oil-derived products, generally those used as feedstock for the plastics and pharmaceutical industries. However, officially published statements by Iranian oil minister Gholamhossein Nozari indicate that the second phase, to establish trading in crude oil directly, which has been suggested might one day perhaps create a "Caspian Crude" benchmark price analogous to Brent Crude or WTI will only be started after the Bourse has demonstrated a reasonable period of trouble-free running


thats from wiki, so the bourse is up and running, and is ready to move into its SECOND PHASE selling crude directly, and probably in euros.

does every one remember the buzz about the internet being cut off at the same time of the bourse opening? i remember, that the cables were found cut. both of them it wasnt an accident was it america? naughty america

what does the bousre being sold in euros mean to the rest of us, and how would that be a "blow to the west"?
well..


A Renunciation Of The $ Is Worse Than An Iranian Nuclear Attack Steering away from the almighty commodity, currency and commodity currency - the US dollar - can have a deeper impact on the US economy than a direct nuclear attack by Iran. The permanent demand for dollar denominated paper stems to a good part from the fact that until now almost all resources of the world are quoted in it.


hmmm, i like the iran nuke attack reference, strangely enough.the article comes from here;
prudentinvestor.blogspot.com...


ok, so oil sold in euros = bad for usa, and iran has known this for years, howthis further affects the american economy, and why the usa might get itchy trigger fingers when mention of oil being sold in something other than dollars is mentioned in another quite informative site.

www.energybulletin.net...



to sustain the American Empire and to continue to tax the rest of the world, the United States had to force the world to continue to accept ever-depreciating dollars in exchange for economic goods and to have the world hold more and more of those depreciating dollars. It had to give the world an economic reason to hold them, and that reason was oil.


the dollar was now backed by oil. As long as that was the case, the world had to accumulate increasing amounts of dollars, because they needed those dollars to buy oil. As long as the dollar was the only acceptable payment for oil, its dominance in the world was assured, and the American Empire could continue to tax the rest of the world


reply posted on 9-2-2010 @ 04:01 PM by Misoir
reply to post by Itop1



Does Iran back their oil with the US Dollar? If they do that would be a great smack in the face to the western powers if they changed their oil backing to the Ruble or Yuan.


reply posted on 9-2-2010 @ 05:15 PM by MaxBlack
Entirely too many people think Iran is going to reveal or do something related to weapons technology.

I on the other hand, believe that Iran may be about to reveal some medical cure that will endear itself with all nations of the world or some new energy technology that will change the face of the world in ways not yet imagined. In such a way, Iran would be the focus of attention and anyone that tries to invade or attack Iran will then be the focus of negative attention by everyone in the world. It would make going to war with Iran more of a danger to the current Obama regime than currently envisioned.

Iran's medical and scientific staff would be hailed as genius, while America would be in affect prevented from American accusations over nuclear weapons. With Iran's potential medical cure cure for cancer, Iran would become the Mecca that Iran never envisioned with people from all over the world flocking to Iran for the cure for cancer. If this disclosure is about new energy technology, then it's anyone's bet what might happen. I just know that if it changes the oil energy paradigm then it's going to be a big issue to the whole world.

If and when such a medical or new energy breakthrough is made, America would be in affect incapable of selling a World War based on trumped up false intelligence without appearing to be the war monger nation that America has become.

I await Iran's announcement because I suspect it will be used to show the world just how insane our government has become and how insane American foreign policies has become. With no moral and ethical basis to respond from, America will have to swallow whatever Iran reveals and lump it.

Iran invented the game of Chess and I for one think they know what they are doing when it comes to dealing with Americas corrupt political elite class of corrupt criminals. I just hope Iran's disclosure forces Obama to re-think the move to war over economic concerns because if Obama goes for it, what happens afterward may be the worst nightmare that happens to the world.

If Iran can show the world just how criminally insane America has become, it will garner the support from nations that will not support a UN resolution to justify any attack on Iran. If America goes at it alone or with the usual suspects, Israel and the UK, then world war that would ensue which would bring all the big nation players into the game and the last I heard, China and Russia of course have thermonuclear weapons and the means to deliver them anywhere in America and with great accuracy to destroy what they target.

Any war that pins the world nations against America is indeed insane and if Obama is too arrogant to understand that, then he will forever be the incompetent president he has shown the world he currently is. I just think Iran is better at the game of Chess than anyone in the Obama regime can fathom.

Obama would need a teleprompter to play the game and his puppet masters are dumb as rocks. Evil yes, but dumb as dirty diapers.
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