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March 20, 2012 - Iranian oil bourse will start trading oil in other currencies apart from the US dollar

“If the Washington/Tel Aviv-promoted hysteria is already at fever pitch, wait for March 20, when the Iranian oil bourse will start trading oil in other currencies apart from the US dollar, heralding the arrival of a new oil marker to be denominated in euro, yen, yuan, rupee or a basket of currencies.
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Hi Apple

Chris Cook, former director of the International Petroleum Exchange and an energy consultant, is the originator of the Iranian Oil Bourse project.

Cook's involvement in the Iranian Oil Bourse project stemmed from work he did in the late nineties on manipulation of the oil market by the intermediaries. As a result of the realisation of how the intermediaries were making the market more volatile than it needed to be, making money at both the producer and consumers expense, Cook wrote to the governor of the central bank of Iran proposing the creation of a Middle Eastern Exchange with its own benchmark price.

The Iranians liked the idea, the Saudis however couldn't support it due to US connections. After 9/11 the Saudi's withdrew their objections and in May 2004 Cook was invited to Iran's central bank to give a presentation setting out how an oil exchange might operate. Cook and his consortium got the contract to put it together. Difficulties arose however since the Oil Ministry didn't want transparency in the oil market, the current system not withstanding its flaws was making the Iranian elite lots of money.

http://www.energybulletin.net/node/19237

"I'm as mad as hell, and I'm not going to take this any more!"
- Howard Beale

That would be asking a lot of Dr. Paul-

He's talked-and written- his head off already about the Fed's devaluation of the dollar-the only reason the Arab oil producing states need to trade in something other than the dollar. But proving Kissinger's scam with them decades ago-we'll give you, dictator of our choosing, beacoup dollars annually if you promise to trade your oil in FRNs-is quite a different story.

With the devaluation of the dollar, they needed a different currency to trade in, thereby breaking their promise. Mubarak, Qadhafi, Hussein, Assad, and eventually the rest, will all be dead and gone. In the meantime, their sovereign wealth, bank accounts, gold, oil, land, poppies, and any other resources will, if not already, belong to the NWO.

Then there's the pipeline from the Black Sea to the Indian Ocean that's yet to be built-decades in the planning-either thru Iran or Afghanistan. But once Iran's out of the way-piece of cake. Forget about the tribes in Afghanistan, who needs 'em. They'll be able to build the pipeline thru Iran, selling oil to China at whatever price they desire.

Looks good on paper right? Particularly with our military bases surrounding Iran! I think these NWO planners are delusional. There will be hell to pay worldwide if they are allowed to proceed w/this cockamany.

The only solution is to elect Ron Paul. Stop devaluing the dollar [for everyones sake] so the Arabs have no reason to trade in something other than the dollar. Stop the pay-offs, 'foreign-aid'. War is imminent tho, and all the foregoing 'conspiracy theories' will vaporise.

There's obviously more than one race going on in 2012. We have to focus on electing Paul, regardless of the NWO's sped up agenda for 2012.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina

As I am beginning to see none of this is about where we get our

oil from but about protecting the value of the dollar and making sure it stay relevant in the global markets. The goal is about monopolizing the global currency.

Our interventionist policies are creating blowback from potentially every counry that trades in dollars. Scary realization.

"A vote for the lesser of two evils is a vote to keep things the same", Buckminster Fuller..
A choice for liberty is always a choice for liberty.

What really happened in Libya is now being repeated in Syria

and Iran. This is the the clearest explanation I have found the real reason for our middle east involvement.

USA's Petro Dollar Threatened by Gaddafi's Gold-for-Oil Plan: Russian Times London
http://www.youtube.com/watch?v=wha9lTKN7Zg&feature=related

"A vote for the lesser of two evils is a vote to keep things the same", Buckminster Fuller..
A choice for liberty is always a choice for liberty.

The Petrodollar video series with intro by Dr. Paul

Even though Ron Paul only provides the intro this 4 part series, I highly recommend watching all 4 videos. They clearly explains what Dr. Paul is talking about when he says our monetary policy is bigger threat to our county than foreign terrorist. The biggest threat is the the lengths our government is will to go to protect and manipulate the petrodollar.

The real war being fought is about the dollar from being replaced by the euro as the globally accepted currency traded for oil and the cycle the dollor takes after it's printed by the FED.
The petro dollar cycle means OPEC sells it's oil only for dollars dollars and then OPEC banks it's dollars in American banks. The deal is, OPEC provides the oil and also rejects all other currencies in exchange for the US providing military protection (for OPEC countries) and the dollars no matter what the cost.

Ron Paul: The PetroDollar - Part 1/4 http://www.youtube.com/watch?v=SxVZ945JR5g
The PetroDollar - Part 2/4 http://www.youtube.com/watch?v=jGWNzlWrzTY&feature=related
The PetroDollar - Part 3/4 http://www.youtube.com/watch?v=Ekdln_NZ-P4&feature=related
The PetroDollar - Part 4/4 http://www.youtube.com/watch?v=LgEfvi2sHQM&feature=related

Iraq has the most oil in the world. The US consumes 25% of the oil sold
Saddam Hussein started trading oil outside of OPEC for euro because they are worth more than dollars. Iran, Libya and Syria have also agreed to reject the petrodollar.

"A vote for the lesser of two evils is a vote to keep things the same", Buckminster Fuller..
A choice for liberty is always a choice for liberty.

Unintended consequences

great! don't think I've seen

this series.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina

Reason behind wars with Iran, Iraq, Syria, Libya, Afghanistan

Why is RP not talking about the real reason for war with Iran, Iraq, Syria, Libya and Afghanistan? Their decisions to stop trading oil for Federal Reserve Notes and start trading in alternative currencies.

I think the public would be outraged if they knew the real reason for these middle east wars. IMHO the American public and the world in general would love to hear Dr. Paul bring this truth to light.

Artificially propping up the US currency/notes depends on the high price of oil (since it's no longer backed by gold). It the reason the US prefers middle eastern oil instead of western oil. If OPEC switches to an alternative currency America looses much of it's financial relevancy in a free market.

Please educate us Dr. Paul. We are sick to death of the lies and political doublespeak. Knowledge is Power Why are Americans being kept in the dark about such an important key to our financial health?

Dr. Paul is leading the relevant financial discussions in this election. People are concerned about hastily going to war with Iran on a misguided guise. I believe most people would appreciate the opportunity to learn the truth of why the war-drums are sounding.

This is not a new theory as a quick Google search will easily reveal. Iraq made the switch Federal Reserve Notes to euros in 2000. Iran made the switch in 2006. (see below)

Wikipedia provides a timeline
http://en.wikipedia.org/wiki/Iranian_oil_bourse

Time Magazine 2000
Foreign Exchange: Saddam Turns His Back on Greenbacks
http://www.time.com/time/magazine/article/0,9171,998512,00.html

Media Monitors reported the currency switch i 2005
Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse
http://usa.mediamonitors.net/content/view/full/17450

Energy Bulletin 2006
The Proposed Iranian Oil Bourse
http://www.energybulletin.net/node/12125

CBS Moneywatch reported it in 2009
Iran Ends Oil Transactions In U.S. Dollars
http://www.cbsnews.com/stories/2008/04/30/business/main40574...

Bloomberg News 2010
Iran Avoids Taking Dollars, Euros for Oil Payments, Vice President Says
http://www.bloomberg.com/news/2010-07-15/iran-may-switch-to-...

The Telegraph 2012
China begins scramble for Afghanistan's oil reserves
http://www.telegraph.co.uk/finance/newsbysector/energy/oilan...

"A vote for the lesser of two evils is a vote to keep things the same", Buckminster Fuller..
A choice for liberty is always a choice for liberty.

The USA has more Oil than that of the Saudis...

Yep, right here in the USA there is more oil than Iran, Iraq, Lybiand I think Saudi Arabia all put together. I actually have pipe dreams that someday, here in the usa, a gallon of gas would cost like it did in the 1950's...that would be about 16 cents a gallon...yeah...I know, just an old man with crazy dreams.

http://www.nbcmontana.com/news/27781025/detail.html

fearless brave joyful peaceful loving grateful, compassionate

Real reason for the

war.

SequoiaTrees4RonPaul

Yo... do we have a trade monopoly on Oil for US dollar?

-
Or are we assuming we do?
Iran is a sovern country. What gives us the right to bully them or any other country into a trade agreement?
-

And it didn't really need to happen.

If the US had been even halfway decent to these other countries, and had not taken an adversarial position against them at the behest of Israel, then they'd all be happily trading oil for dollars still, and there would be no "oil bourse" and no wars, no loss of petrodollar reserve-currency, and no problems.

When Israel started running our foreign policy, that's when all the trouble started. The "problem" isn't in Iran.

It's called Blowback from military intervention and financial

corruption on a global scale.

"A vote for the lesser of two evils is a vote to keep things the same", Buckminster Fuller..
A choice for liberty is always a choice for liberty.

the end of the dollar as the World Reserve Currency

when all hell breaks loose. That was the Plan and it's right on schedule-2012 Presidential elections.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina