Iran Oil Bourse-MUST READ to prepare!!

[BobMorr]

March is fast approaching! Are you aware why we may fight Iran?

http://www.teamliberty.net/id215.html


Quote:

Here are the key points made by Krassimir Petrov, Ph. D. in his report: The Proposed Iranian Oil Bourse.



· The Iranian government has finally developed the ultimate “nuclear” weapon that can swiftly destroy the financial system underpinning the American Empire

· The weapon is the Iran Oil Bourse slated to open in March 2006

· With the opening of the Iran Oil Bourse:

o Europeans will no longer have to buy and hold U.S. Dollars in order to secure payment for oil. They will be able to purchase oil with their own currencies, the euro.

o The Chinese and Japanese will be especially eager to adopt the Iran Oil Bourse because it will allow them to drastically reduce their enormous dollar reserves and diversify with euros, thus protecting themselves against the depreciation of the U.S. Dollar.

o Russians have an inherent economic interest in adopting the euro because the bulk of its trade is with European countries

o The Arab-oil exporting countries also need to diversify against the rising mountains of U.S. debt notes – the depreciating dollar



What the Iran Oil Bourse means to the average American is that suddenly, hundreds of billions of U.S. dollars will become unwanted around the world. In essence, the money supply will double or triple. When supply outweighs demand, prices go down – except when dealing with currency. When money supply exceeds demand, prices go up. Its called inflation – the hidden tax brought to the U.S. taxpayer courtesy of the Federal Reserve Banking Cartel and our friends in the U.S. Congress. Imagine if every Americans income doubled in next week’s paycheck. Do you think prices for goods and services would decrease, remain the same, or increase? If you think they would decrease or remain the same, can I interest you in a hot stock I’m selling called Enron?

[katty]

1. posted art yesterday about this Iran Bourse from globalreseach.ca

it is staggering nothing in u.s. press is out about this, maybe buried in financial pages...or a mention without any info backup-why am I not surprised

[BobMorr]

2. nothing in MSM

This should be front page and on all news stations. Probably would cause a panic though. When most people find out it will be to late.

[katty]

3. indeed, a friend (investment banker)at large bank is

in the process of getting out of the banking biz, he said he can't talk about this alot, but (like many other alt/foreign ) downsize as much as you can, get your precious metal holdings (if you have any!)into overseas safe havens asap-his view is the big titanic tilt begins later this year into 2007.