Infinite Unknown

‘Brilliant’!

- India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees:

Ironically, and as has been stated here many times before, by enacting the proposed sanctions and embargo, the US, but mostly Europe is doing nothing but shooting itself in the foot, as it opens up a brand new pathway of not only outright defiance, and thus political brownie points domestically, of the US, but it will allow it to buy even more crude, at cheaper prices, while in the process it is forced to build closer monetary relations with its neighboring countries, relations that rely less and less on the world’s increasingly less relevant reserve currency.

- EU Agrees Iranian Oil Embargo (Guardian, Jan. 23, 2012):

Foreign ministers’ deal in Brussels could lead to soaring fuel prices and Iran closing the strait of Hormuz

The long-running standoff between Iran and the west over Tehran’s nuclear programme has shifted into a more unpredictable phase after Europe decided to impose an oil embargo on the Islamic republic.

The decision by EU foreign ministers at a meeting in Brussels raised the stakes dramatically in the war of wits between Iran and the west.

The EU decided no further oil contracts could be struck between the member states and Iran while existing oil delivery deals would be allowed to run until July.

Continue reading »

Tags: Economy, EU, Europe, Global News, Government, Iran, Oil, Oil Prices, Politics

- India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees (ZeroHedge, Jan. 21, 2012):

Two weeks ago we wrote a post that should have made it all too clear that while the US and Europe continue to pretend that all is well, and they are, somehow, solvent, Asia has been smelling the coffee. To wit: “For anyone wondering how the abandonment of the dollar reserve status would look like we have a Hollow Men reference: not with a bang, but a whimper… Or in this case a whole series of bilateral agreements that quietly seeks to remove the US currency as an intermediate. Such as these: “World’s Second (China) And Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency Trade“, “China, Russia Drop Dollar In Bilateral Trade“, “China And Iran To Bypass Dollar, Plan Oil Barter System“, “India and Japan sign new $15bn currency swap agreement“, and now this: “Iran, Russia Replace Dollar With Rial, Ruble in Trade, Fars Says.”” Today we add the latest country to join the Asian dollar exclusion zone: “India and Iran have agreed to settle some of their $12 billion annual oil trade in rupees, a government source said on Friday, resorting to the restricted currency after more than a year of payment problems in the face of fresh, tougher U.S. sanctions.” To summarize: Japan, China, Russia, India and Iran: the countries which together account for the bulk of the world’s productivity and combined are among the biggest explorers and producers of energy. And now they all have partial bilateral arrangements, and all of which will very likely expand their bilateral arrangements to multilateral, courtesy of Obama’s foreign relations stance which by pushing the countries into a corner has forced them to find alternative, USD-exclusive, arrangements. But yes, aside from all of the above, the dollar still is the reserve currency… if only in which to make calculations of how many imaginary money one pays in exchange for imaginary ‘developed world’ collateral.

On India’s induction into the dollar unluck club, from Reuters.

Continue reading »

Tags: China, Dollar, Economy, Global News, Government, India, Iran, Oil, OPEC, Politics, U.S.

See also:

- President Obama Signs ‘Toughest Yet’ (= Warlike) Iran Sanctions (Which Are Part Of The NDAA) Into Law:

Effectively, the measures will force companies and financial institutions throughout the world to choose between the United States and Iran as their business partner.

We are already at war with Iran!

In other news:

- Iran threatens U.S. ships, alarms oil markets (Washington Post):

Iran escalated its war of words with the United States on Tuesday with a warning to Navy ships to stay out of the strategic Strait of Hormuz, remarks that rattled commodities markets and helped send oil prices soaring.

- Iran fires long-range missiles (Telegraph – Video):

Iran has test-fired a surface-to-surface cruise missile in a naval drill, after the country threatened to close the strategic Strait of Hormuz, the passageway for 40 per cent of the world’s oil supply, if sanctions were imposed on its crude exports.

- Iran-US tensions over Gulf send oil prices soaring (Guardian):

Brent crude spot prices rise from $107 to $111 after Tehran threatens US aircraft carrier over use of crucial shipping route.

- Crude Surges On News Europe Agrees To Ban Iran Oil Imports (ZeroHedge, Jan. 4, 2012):

As if the situation in the Gulf was not enough on edge, here comes Europe with news, via Reuters, that EU governments have reached a deal to ban Iranian oil imports. The only thing pending is the determination of the starting date and other details. The result, as expected, is another leg up in crude. Sooner or later, this relentless rise higher will spill through to the pump, which according to the Michigan Bizarro confidence indicator will sent consumer optimism to historic levels. And now, the escalation hot grenade is back in Iran’s court. Expect more missiles to be fired into the water and more rhetoric about Straits of Hormuz closure in 5…4…3…

From Reuters:

European Union governments have reached a preliminary agreement to ban imports of Iranian crude to the EU but have yet to decide when such an embargo would be put in place, EU diplomats said on Wednesday.

Diplomats said that EU envoys held talks on the issue in the last days of December and that any objections to the idea, notably from Greece, were dropped.

“A lot of progress has been made,” one EU diplomat said, speaking on condition of anonymity. “The principle of an oil embargo is agreed. It is not being debated anymore.”

And the response:

Tags: Economy, EU, Europe, Global News, Government, Iran, Oil, Oil Prices, Politics

And so it begins.

Got gold and silver?

- Obama signs ‘toughest yet’ Iran sanctions (Deutsche Welle, Jan. 1, 2012):

Mounting tensions between the United States and Iran are likely to flare even further after US President Barack Obama has signed new sanctions against Iran’s financial and oil sectors.

US President Barack Obama has signed into law tough new sanctions targeting Iran’s banking and oil sectors. Effectively, the measures will force companies and financial institutions throughout the world to choose between the United States and Iran as their business partner.

The sanctions, conceived to punish Iran for its nuclear program, are part of a $662 billion (511 billion-euro) defense spending bill Obama signed on Saturday, December 31, during his vacation to Hawaii.

Firms and financial institutions, including foreign central banks, could be barred from trading on US financial markets if they continue ties with Iran’s central bank or oil industry. Iran’s central bank is essential to processing income from Iranian oil exports. Continue reading »

Tags: Barack Obama, Economy, Global News, Government, Iran, Military, Nuclear, Nuclear reactors, Obama administration, Oil, Politics, Society, U.S.

- Precious Metals Plunge And India’s Industrial Production Crashes (ZeroHedge, Dec. 12, 2011):

The metals space has had a rather disconcerting start to the week this evening with Silver and Copper dropping almost 2% from their opening levels and then Gold following suit. All this as the USD inches very gradually up tracking almost perfectly with Crude for now. These moves seem very liquidation-like in their velocity but have for now stabilized at the lows. The last few minutes saw some of the ugliest macro data we have seen in a while come out of India as it’s Industrial Production growth missed expectations by a mile falling to levels only seen in the middle of the global economic shutdown in Q1 2009. So another leg in the EM-will-save-us-all stool just got kicked out and still we are to believe the US will decouple and ‘muddle-through’?

The metals are ‘decoupling’ from oil for now and it was interesting that the reaction in Gold was ‘delayed’ a few hours on the simultaneous drop in Copper and Silver. They are extending their losses now after the India IP print…

ES is leaking back from its highs but is trading in a narrow range so far and maybe 3-4pts rich to broad risk assets for now.

Charts: Bloomberg

Tags: Commodities, copper, Economy, Global News, Gold, India, Oil, Silver

- Syria says terrorists blew up pipeline (UPI, Dec. 8, 2011):

HOMS, Syria — An armed terrorist group blew up a pipeline that carries oil to a refinery near Homs, Syria, early Thursday, the state news agency SANA reported.

Rami Abdulrahman of the Syrian Observatory for Human Rights in London told the British newspaper The Daily Telegraph the Tal Asour pipeline is the main pipeline feeding the Homs refinery.

Separately, snipers randomly fired on Homs residents Thursday, killing seven, the Syrian Observatory said.

- Syrian oil pipeline blown up (Telegraph, Dec. 8, 2011):

A Syrian pipeline carrying oil from the east of the country to a vital refinery in Homs was blown up on Thursday in an act state news described as “terrorism”.

- ‘Terrorists’ blow up Syrian oil pipeline, state media says (New York Post, Dec. 8, 2011):

- Tensions Escalate As Syria Pipeline Destroyed – Video (ZeroHedge, Dec. 8, 2011):

Just when you hoped the worst was over with Draghi’s market-disappointing news this morning, things just got a lot more real in the Middle-East. State media is reporting that armed terrorists blew up an oil pipeline west of the flashpoint Syrian city of Homs. In an interesting twist, an anti-regime group said the government was behind the blast. Nonetheless Fox Houston is noting that the explosion is the third reported attack on energy infrastructure since the outbreak of the pro-reform protest movement in mid-March. Interestingly oil prices (along with all other commodities) continue to plunge on USD strength and liquidations (from European upsets) but we suspect that all it would take now is for a splinter Turkish group to take responsibility for the blast and this drop will promptly reverse.

and video of the devastation:

(Same video as above)

Got drones?

Continue reading »

Tags: Global News, Government, Middle East, Oil, Politics, Society, Syria, Terrorism, Terrorists

For your information.

The elitists vs. the people.

YouTube Added: 13.11.2011

For more information: Thrive

Tags: 9/11, Adolf Hitler, Agriculture, Alan Greenspan, Amy Goodman, Assassination, Banking, Big Brother, Big Pharma, Bilderberg, BIS, Canada, Cancer, Catherine Austin Fitts, CCTV, CFR, Chemtrails, CIA, Congress, Corporations, Council on Foreign Relations, David Icke, Debt, Deepak Chopra, Derivatives, Derivatives market, DHS, Dictatorship, Documentary, Dollar, ECB, Economy, Energy, Environment, EU, Europe, False flag, Fascism, Fed, Federal Reserve, FEMA, FEMA Camps, Financial Crisis, Food, Free Energy, Freedom, Freemasonry, G Edward Griffin, General Electric, Genetically Modified Organisms, Genocide, George Bush, George H. W. Bush, Global News, GMO, Gordon Brown, Government, Gulf of Tonkin, HAARP, Halliburton, Health, Henry Kissinger, Herman Van Rompuy, Homeland Security, Illuminati, IMF, infertility, Inflation, Inside job, Internet, Iraq, Jean-Claude Trichet, John Perkins, Journalism, JPMorgan, Law, Ludwig von Mises, Manhattan Project, Mexico, MI5, Microchip, Military, Money, Mortgage crisis, Mortgages, Nazi Germany, Nazis, New World Order, Nicola Tesla, Oil, Patriot Act, Pesticides, Pharmaceutical Industry, Police State, Politics, Pope Benedict XVI, Privacy, Procter & Gamble, Quantitative Easing, RFID, Rockefeller, Rothschild, Royal Rife, Saddam Hussein, Science, Seeds, Society, steril, Sterilization, Steven Greer, Surveillance, Technology, Terrorism, Terrorists, Thrive, Timothy Geithner, Trilateral Commission, U.N., UFO, Vaccination, Vaccine, Wall Street, War, War on Terror, Water, WHO, World Bank, WTC, WTO, WW II, Zionism

The most interesting thing would be to know what will happen to the $200 billion NOW.

I guess the 200 billion and 144 tons of gold …

- The Battle Is Almost Over: Destroying Libya To Steal 144 Tons Of Gold

… and a African sound currency …

- More Reasons Why Gadaffi And Libya Had To Be Destroyed (Video):

… others say it is about oil, but some are convinced intervention in Libya is all about Gaddafi’s plan to introduce the gold dinar, a single African currency made from gold, a true sharing of the wealth.

… and oil …

– Straight From The Horse’s Mouth: John Bolton Admits All Of These Wars Are For Oil (Video)

… and …

- Rep. Ron Paul on CNN: Libyan War Is ‘About Commercial Business!’ (And Totally Unconstitutional!)

- Illuminati Banksters Raping And Pillaging Libya – Goldman Sachs And Muammar Gaddafi

- Libya: John Perkins: It’s Not About Oil, It’s About Currency and Loans – Rothschilds Finish Off Gaddafi – ‘The Price of Freedom’, Highest Standard of Living in Africa

… are an awful lot of good reasons to invade ANOTHER country. I hope you have listened to John Bolton.

Here are even more reasons why the NWO elitists had to destroy Libya:

- Libya: Muammar Gaddafi’s ‘Regime’ Exposed – The Truth You Are Not Supposed To Know (Video)

- Meet The Real Muammar Gaddafi or Why The Elitists (NWO) Needed To Destroy Libya (Video)

And I am sure that the Libyan people will see not one dollar of the $200 billion benefiting their country.

Do you still believe your government? (From the article below):

“Obama administration officials were stunned last spring when they found $US37 billion in Libyan regime accounts and investments in the United States”

Oh, really?:

- Matt Taibbi: Why is the Federal Reserve Bailing Out Gaddafi?:

Barack Obama recently issued an executive order imposing a wave of sanctions against Libya, not only freezing Libyan assets, but barring Americans from having business dealings with Libyan banks.

So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. And raise your hand if you knew that, just a week or so after Obama’s executive order, the U.S. Treasury Department quietly issued an order exempting this and other Libyan-owned banks to continue operating without sanction.

Yes, all of this is more MSM & government bullshit we can take a bath in.

- Gaddafi salted away about $200 billion (The Age, Oct. 22, 2011):

Muammar Gaddafi secretly salted away more than $US200 billion ($A196 billion) in bank accounts, real estate and corporate investments around the world before he was killed, according to senior Libyan officials.

That’s about $US30,000 for every Libyan citizen and double the amount that Western governments previously had suspected.

The new estimates of the deposed dictator’s hidden cash, gold reserves and investments are “staggering”, one person who has studied detailed records of the asset search said Friday.

Continue reading »

Tags: Banking, Barack Obama, Economy, Global News, Gold, Government, Libya, Muammar Gaddafi, Obama administration, Oil, Politics

- BP allowed back into the bidding for gulf oil drilling rights (The Observer, Oct. 16, 2011):

The Obama administration has infuriated environmentalists by giving BP the green light to bid for new drilling rights in the Gulf of Mexico.

The move – seen as a major step in the company’s political rehabilitation as an offshore driller following the Deepwater Horizon accident – was revealed by the head of the US safety regulator after a congressional hearing in Washington.

Continue reading »

Tags: Barack Obama, BP, Economy, Environment, Global News, Government, Gulf of Mexico, Oil, Politics, U.S.

Ron Paul 2012!

YouTube Added: 05.09.2011

Tags: Al-Qaeda, Al-Qaida, Barack Obama, Condoleezza Rice, Global News, Government, Hillary Clinton, Libya, Military, Muammar Gaddafi, Obama administration, Oil, Politics, Ron Paul, U.S.