video explaining how the dollar is backed by oil and why we are in Iraq

[goat farmer]

Long but interesting.

http://video.google.com/videoplay?d...786&start=0&num=10&so=0&type=search&plindex=1

 

[FrankRep]

I can see that. OPEC only accepts dollars for oil so that keeps the dollar in high demand.

What if OPEC starts to allow multiple currencies to buy oil? The world would dump the dollar in a heart beat. Iraq and Iran have both talked about opening the door to multiple currencies and it pissed the United States off. The US took out Iraq and now they are going after Iran.

The logic makes sense.

 

[haigh]

Peak Oil

Good video there goat farmer

It opens up with the quote

" Peak Oil is an idea perpetuated by the powers that be for the purpose of deceiving the American public "

He also says there is enough oil in Alaska to cover America's demands for the next 200 years.

Just getting started.

 

[Highland]

bump

 

[goat farmer]

bump

Maybe Iran will be successful with their oil plans and base it in Euros, crash the dollar, then we have a bloody revolution?

Only thing is, I'm sure the world bankers are already planning on keeping control no matter which scenario plays out.

 

[nullvalu]

I'm reading "Petrodollar Warfare" right now, definitely recommended reading if you're interested in this subject.

 

[runderwo]

"This video is currently not available"

 

[FrankRep]

"This video is currently not available"

Try again

http://video.google.com/videoplay?docid=3340274697167011147