The Banking Crisis Is Tied to the Oil Crisis

"All fiat currencies are doomed," and "the banking crisis is tied to the oil crisis" are two statements made during this interview (in the second half) by former stockbroker Max Keiser of Mike Ruppert, of the documentary Collapse, which is coming out on DVD today:

This is actually a good video.

I am skeptical of peak oil, but I agree with a lot of what both talk about.

Oil and Currency are tied directly together.

$$$ isn't backed by gold anymore right? Wrong.

$$$ is backed by 'Black Gold'.

I think I am going to have to watch Keiser more often.
He made me LOL several times, he is really funny imo.

I will definitely check back in with him again soon.

Gosh I thought Mike Ruppert died.....he was very I'll for a while but I am happy to hear he is still kicking. I'll watch vid and comment accordingly and thanx for posting.

Supertramp had this sussed in1979

Child Of Vision lyrics
Songwriters: Davies, Richard; Hodgson, Roger;

Who do you think you're foolin'?
You say you're having fun
But you're busy going nowhere
Just lying in the sun

You tried to be a hero
Commit the perfect crime
But the dollar got you dancing
And you're running out of time

You're messin' up the water
You rolling in the wine
Got poison in your body
Got poison in your mind

And you gave me coca cola
You said it tasted good
Then you watch the television
And to tell that you should go

How can you live in this way?
(What do you think it's so strange)
You must have something to say
(You tell me why should I change)
We have no reason to fight
'Cos we both know that we're right

Child of vision, won't you listen?
Find yourself a new ambition

I've heard it all before
You're saying nothing new
I thought I saw a rainbow
But I guess it wasn't true

You cannot make me listen
And I cannot make you hear
So you find your way to heaven
And I'll meet you when you're there

How can you live in this way?
(What do you think it's so strange)
You must have something to say
(You tell me why should I change)
We have no reason to fight
'Cos we both know that we're right

Child of vision, won't you listen?
Find yourself a new ambition

Tied? I am unsure. but they are related, to be sure.

Each is a speculative, phoney market. Each is manipulated and controlled at the highest levels to ensure the highest returns, or the desired action.

Oil is not worth more than about 20 bucks a barrel. Yeah, i know lots of folks will scream at me about this....but it isn't. We have suppressed refinery capacity, and this has suppressed drilling capacity.

I live out here where there is a LOT of oil. We have school districts with values in the billions. There sure isn't any drilling going on out this way. The old mark used to be set at about 70 bucks. Once you got the 70 a barrel, you would see drilling starting to happen. That was when the dollar was worth more than toilet paper, though. I keep hearing now that they are looking for about 100 a barrel before they will pull the rigs back out (or call them back in from other parts of the country where labor costs are lower). It isn't that the rig operators can't make money at 50 a barrel.

watch the series goathallow makes
they are very informing
and funny at times
watch the complete serie to get a good understanding of the black ceiling

part 1



part 2

part 3

part 4

more to come

edit video 1 embedded

[edit on 15/6/10 by voorbereid]

[edit on 15/6/10 by voorbereid]