Congrats, War Pigs everywhere! You get the blowback you so deeply deserve. Too bad you didn't pay attention to Ron Paul when you had the chance.

http://www.beaconequity.com/cuban-missile-crisis-the-sequel-3000-gold-possible-2012-01-09/

In what appears as swift retaliation by Iran against U.S.-led economic sanctions imposed on the Persian Gulf state, suddenly Iran says it will no longer accept the U.S. dollar as payment for its oil shipments to India, Japan and China.

In addition, bilateral trade between Iran and Russia will break from the dollar for settlement in favor of Iranian rial and Russian rubles, according to Iran’s state-run Fars news agency. Sign-up for my 100% FREE Alerts

But unlike a similarly bold move taken on Oct. 30, 2000, (effective Nov. 6) by Saddam Hussein to rid Iraq of the U.S. dollar as payment for Iraqi oil, Iran asserts the new arrangement to drop the dollar was Russia’s idea.

“The proposal to switch to the ruble and the rial was raised by Russian President Dmitry Medvedev at a meeting with his Iranian counterpart, Mahmoud Ahmadinejad, in Astana, Kazakhstan, of the Shanghai Cooperation Organization,” according to Bloomberg.

So, is the U.S. about to embark on another Iraq, or is the situation with Iran more akin to an October 1962 Cuban Missile Crisis with Cuba’s big brother, Russia?

Amazingly, or not (media ignored the euro-for-Iraqi-oil story, too), since the bombshell Iranian announcement, only a handful of news outlets of the West covered the dollar-dumping announcement of this vital story. Of course, though, zerohedge.com (and PrisonPlanet.com’s posting of the zerohedge post) was one of these handful, providing adequate sourcing and commentary of the breaking news about Iran/Russia from China-based ChinaDaily.com.cn.

Most of the usual suspects of traditional media, however, have drawn attention to the threat of a closing of the Strait of Hormuz, instead—an important issue, no doubt, but its no longer news at this point in the crisis and certainly doesn’t compete with the latest development regarding the trashing of the Greenback from a member of OPEC on the same day Russia lays anchor in Syria to the north of Israel.

According to China Daily, “Russian warships patrolling the eastern Mediterranean Sea have docked at Russia’s naval supply facility in the Syrian port of Tartus, the private Addounia TV reported Saturday.

“Governor of Tartus Imad Naddaf received the ships’ leaders and expressed appreciation to Russia’s support for Syria, the report said.

“Russia’s state-owned Itar-Tass news agency quoted a source from the Russian Navy as saying that ‘It is planned that the port of Tartus will be visited by a big anti-submarine ship of the Northern Fleet Admiral Chabanenko and an escort ship Yaroslav Mudry.

So, it appears that the Iranians are a lot more prepared to deal with the U.S. than its neighbor to the West was, Iraq.

And for those familiar with the most likely reason for the attack on Iraq may also be familiar with William R. Clark, author of Petrodollar Warfare: Oil, Iraq and the Future of the Dollar. Of course, ‘weapons of mass destruction’ was merely a sophomoric ruse in the call to war with Iraq. So what was the reason?

In his book, Clark makes a case for a world that will most probably include a future riddled with war in the Middle East, as the U.S. takes preemptive measures to secure—not only oil—but more importantly, to assure a continuation of dollar hegemony in global trade as a means of preventing a Greenback collapse as a medium of exchange and value.

As a preface to his book, Clark posited an essay in January 2003, titled, Revisited — The Real Reasons for the Upcoming War With Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth. In the essay, Clark cites an anonymous source who told him the NY Fed (through the Treasury ESF) ultimately dictates foreign policy via the U.S. dollar, and that any threat to the artificial support of the dollar must illicit an immediate response at the NSA level.

After reading Clark’s essay, anonymous, or not, the source appears to be a very, very good one.

According to anonymous:

The Federal Reserve’s greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 82 cents), and has actually made off like a bandit considering the dollar’s steady depreciation against the euro. (Note: the dollar declined 17% against the euro in 2002.)

The real reason the Bush administration wants a puppet government in Iraq — or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq — is so that it will revert back to a dollar standard and stay that way. (While also hoping to veto any wider OPEC momentum towards the euro, especially from Iran — the 2nd largest OPEC producer who is actively discussing a switch to euros for its oil exports).

Saddam sealed his fate when he decided to switch to the euro in late 2000 (and later converted his $10 billion reserve fund at the U.N. to euros) — at that point, another manufactured Gulf War become inevitable under Bush II. Only the most extreme circumstances could possibly stop that now and I strongly doubt anything can — short of Saddam getting replaced with a pliant regime.

Big Picture Perspective: Everything else aside from the reserve currency and the Saudi/Iran oil issues (i.e. domestic political issues and international criticism) is peripheral and of marginal consequence to this administration. Further, the dollar-euro threat is powerful enough that they will rather risk much of the economic backlash in the short-term to stave off the long-term dollar crash of an OPEC transaction standard change from dollars to euros. All of this fits into the broader Great Game that encompasses Russia, India, China. [Emphasis added]

As we know, following Iraq’s decision to dump the dollar in favor of the Euro, 14 months later U.S. President George W. Bush delivered his ‘Axis of Evil’ speech on the first State of the Union address of his presidency on Jan. 23, 2002. Iraq, Iran and N. Korean are the nations of that axis, according to Bush.

With Iraq as the first casualty of the Great Game, that leaves Iran and N. Korea left as targets and responses from Russia and China.

Calls for $3,000 gold are everywhere. With central banks printing money at astonishing rates without formally announcing anything about it; tensions in the Persian Gulf rivaling the Cuban Missile Crisis; and an election year that sports the most threatening presidential candidate (Congressman Ron Paul of Texas) to the ‘establishment’ since John Kennedy (or maybe as far back as Theodore Roosevelt 1900-08), it appears early on that surviving 2012 without a major event is a very long shot, indeed. Sign-up for my 100% FREE Alerts

Read more: http://www.beaconequity.com/cuban-missile-crisis-the-sequel-3000-gold-possible-2012-01-09/#ixzz1jCpIvrty

The alarm clock is going off, and the sheeple are still sleeping, the FED is pushing the snooze button, but we have to wake up sometime.... hope it's still to coffee and not Chinese tea......

I'm not so confident in your source as it is connected to the stock market and is in the business of selling silver etc.

Not that what the article say is not true, I don't know that. I just don't like the website you got this from. They don't even have an "about" page or contact information. They have a contact page but it is a blind message sender. I don't know who these people are.

I wake up to tea every morning....yucky coffee

Tea has more caffine... I still like my cup of joe.

Just don't want to speak chinese to say thank you for it.....

Red Dawn......

It is the 1980's and the cold war is still there. Sitting in class in high school students see Soviet paratoopers landing in the Invasion of the USA. Escaping the school where most are captured, some students escape into the mountains and start to wage gureilla warfare against the invaders in defense of their nation. They infict a heavy number of invader casualties, while losing most of their own in their epic struggle for freedom and survival.

Hmmmmmmm.....sounds like Viet Nam, Iraq, Afganistan, Gaza.......

http://uk.reuters.com/article/2007/12/08/uk-iran-oil-dollar-idUKDAH83366720071208

Better?

This is horse ****, the ruble is worth piss and who in the hell ever heard of the Iranian rial?

Yes much better.

>>"Iranian President Mahmoud Ahmadinejad, who often rails against the West, has called the U.S. currency a "worthless piece of paper."<<<"


wow.....

This is serious news.

Sad truth is, if the ME decides to back it with oil or gold shares.... the dollar is screwed! The FED sold our gold to China!

correction..... dolled it out in currency swaps..... the "legal" term

Every country on the planet uses the dollar so this sabre rattling by I ran and russia isn't something I will lose sleep over.

That's a choice.... me, I always keep one eye open and an ear on the ground... provisions in a backpack, a destination in mind and weapons where I can get to them if need be.

Our national defense is in 700 bases on other parts of the globe.....

If a few hijackers can break our defenses without resistence......

Muck Muck Iditarod, Hippo Butt Chavez and that dick in Russia like to talk alot of **** about the U.S. but they all lack the testicular fortitude needed to do anything about it.

True for now. But in future years more and more people will realize that the dollar is (for all intents and purposes) worthless. The real reason the war hawks are trying to stir up a war with Iran is that they are making serious efforts to move away from petrodollars and move to trading oil in Euros (or some other currency more stable than dollars, but the Euro is what they currently favor). Before the invasion in Iraq and Libya a similar scenario played out.

Ron Paul explained this in a floor speech not too long ago (2006)
This is only a short excerpt. The rest is at the link below:
http://www.lewrockwell.com/paul/paul303.html
~Or listen to the whole thing here:
(Part 1)http://www.youtube.com/watch?v=44wo8IhuHfQ&feature=player_embedded
(Part 2)http://www.youtube.com/watch?v=JUacN9pRWII&feature=related
(Part 3)http://www.youtube.com/watch?v=gl1EE2-z5C8&feature=related
In November 2000 Saddam Hussein demanded Euros for his oil. His arrogance was a threat to the dollar; his lack of any military might was never a threat. At the first cabinet meeting with the new administration in 2001, as reported by Treasury Secretary Paul O'Neill, the major topic was how we would get rid of Saddam Hussein — though there was no evidence whatsoever he posed a threat to us. This deep concern for Saddam Hussein surprised and shocked O'Neill.

It now is common knowledge that the immediate reaction of the administration after 9/11 revolved around how they could connect Saddam Hussein to the attacks, to justify an invasion and overthrow of his government. Even with no evidence of any connection to 9/11, or evidence of weapons of mass destruction, public and congressional support was generated through distortions and flat out misrepresentation of the facts to justify overthrowing Saddam Hussein.

There was no public talk of removing Saddam Hussein because of his attack on the integrity of the dollar as a reserve currency by selling oil in Euros. Many believe this was the real reason for our obsession with Iraq. I doubt it was the only reason, but it may well have played a significant role in our motivation to wage war. Within a very short period after the military victory, all Iraqi oil sales were carried out in dollars. The Euro was abandoned.

In 2001, Venezuela's ambassador to Russia spoke of Venezuela switching to the Euro for all their oil sales. Within a year there was a coup attempt against Chavez, reportedly with assistance from our CIA.

After these attempts to nudge the Euro toward replacing the dollar as the world's reserve currency were met with resistance, the sharp fall of the dollar against the Euro was reversed. These events may well have played a significant role in maintaining dollar dominance.

It's become clear the U.S. administration was sympathetic to those who plotted the overthrow of Chavez, and was embarrassed by its failure. The fact that Chavez was democratically elected had little influence on which side we supported.

Now, a new attempt is being made against the petrodollar system. Iran, another member of the “axis of evil,” has announced her plans to initiate an oil bourse in March of this year. Guess what, the oil sales will be priced Euros, not dollars.

Most Americans forget how our policies have systematically and needlessly antagonized the Iranians over the years. In 1953 the CIA helped overthrow a democratically elected president, Mohammed Mossadeqh, and install the authoritarian Shah, who was friendly to the U.S. The Iranians were still fuming over this when the hostages were seized in 1979. Our alliance with Saddam Hussein in his invasion of Iran in the early 1980s did not help matters, and obviously did not do much for our relationship with Saddam Hussein. The administration announcement in 2001 that Iran was part of the axis of evil didn't do much to improve the diplomatic relationship between our two countries. Recent threats over nuclear power, while ignoring the fact that they are surrounded by countries with nuclear weapons, doesn't seem to register with those who continue to provoke Iran. With what most Muslims perceive as our war against Islam, and this recent history, there's little wonder why Iran might choose to harm America by undermining the dollar. Iran, like Iraq, has zero capability to attack us. But that didn't stop us from turning Saddam Hussein into a modern day Hitler ready to take over the world. Now Iran, especially since she's made plans for pricing oil in Euros, has been on the receiving end of a propaganda war not unlike that waged against Iraq before our invasion. (text continues at the link)

http://www.youtube.com/watch?feature=player_embedded&v=tziv-wZpybw

Only those when were holding some when it went to Crap!

And it really doesn't matter what Currency is used,since there still will be an Exchange-Rate!
Could be Swiss-Francs for all I care!
Still only worth so much Dollars,Rubel,Yen,Euro or whatever!

China is hoarding gold, and trying to manipulate the currency market. They are also exploiting the cyber world (hacking).

People should worry of these things. Even minimal success in either of these attempts could cause more problems than we might wish to consider....

I don't understand why everyone is making a big deal about this,cause it's the CIA and Britians oil tycoons that has caused all this back during the TP-AJAX.Iran civilians actually found out how the Shah came to be so they revolted in the late 70's(remember the hostage crisis) and you have the Iran you have now.
Don't worry though the US government will invade Iran cause it(Iran) has masses amount of WMDs and had something to do with 911.

yeh right

Please tell me this is NOT what you actually believe?! If so, it's time to remove the "Faux Noise" IV you're feeding from, take the red pill, and learn to separate fact from fiction!

Anyone believing that line of drivel, this should be a headline for ya!

The Pentagon announced today the formation of a new 500 man elite fighting unit

Called the US REDNECK SPECIAL FORCES (USRSF), these good ole boys from North Carolina, Kentucky, West Virginia, Mississippi, Missouri, Arkansas, Alabama, Georgia, Texas and Tennessee, will be dropped into Iran and will be given the following facts about Terrorists:

1. The season opened today.
2. There is no limit.
3. They taste just like chicken.
4. They don't like beer, pickups, country music or Jesus.
5. They are DIRECTLY RESPONSIBLE for the death of Dale Earnhardt.

This mess in Iran should be over in about a week.

naw it's not what i believe i was mimicking the supposive reason the US Government invaded Iraq which ended up being false.And you forgot to add"Those Iranians sure do have purdee mouths"