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The PetroYuan Cometh: China Docks Navy Destroyer In Iran's Strait Of Hormuz Port
Since China fired its first 'official' shot across the Petrodollar bow a year ago, there has been an increasing groundswell of de-dollarization across the world's energy trade (despite Washington's exclamations of 'isolated' non-dollar transactors). The rise of the PetroYuan has not been far from our headlines in the last year, with China increasingly leveraging its rise as an economic power and as the most important incremental market for hydrocarbon exporters, in the Persian Gulf and the former Soviet Union, to circumscribe dollar dominance in global energy - with potentially profound ramifications for America’s strategic position. And now, as AP reports, for the first time in history, China has docked a Navy Destroyer in the Southern Iranian port of Bandar-Abbas - right across the Straits of Hormuz from 'US stronghold-for-now' Bahrain and UAE.
The rise of the PetroYuan has not been far from our headlines in the last year:
China Fires Shot Across Petrodollar Bow: Shanghai Futures Exchange May Price Crude Oil Futures In Yuan
Guest Post: From PetroDollar To PetroYuan – The Coming Proxy Wars
The Rise Of The Petroyuan And The Slow Erosion Of Dollar Hegemony
And now, as AP reports, for the first time in history, China has docked a Navy Destroyer in a Southern Iranian port of Bandar-Abbas - right across the Straits of Hormuz from 'US stronghold-for-now' Bahrain and UAE.
Adm. Hossein Azad, naval base chief in the southern port of Bandar Abbas, said the four-day visit that began Saturday saw the two navies sharing expertise in the field of marine rescue.
"On the last day of their visit while leaving Iran, the Chinese warships will stage a joint drill in line with mutual collaboration, and exchange of marine and technical information particularly in the field of aid and rescue," said Azad.
The report said the destroyer was accompanied by a logistics ship, and that both were on their way to the Gulf of Aden as a part of an international mission to combat piracy.
...
Last year a Russian naval group docked in the same port on its way back from a Pacific Ocean mission.
The move is also seen part of off efforts by Iran to strike a balance among foreign navies present in the area near the strategic Strait of Hormuz, the passageway at the mouth of the Persian Gulf through which a fifth of the world's oil is shipped.
U.S. Navy's 5th Fleet is based in nearby Bahrain, on the southern coast of the Gulf.
* * *
Here's why it matters...
* * *
History and logic caution that current practices are not set in stone. With the rise of the “petroyuan,” movement towards a less dollar-centric currency regime in international energy markets—with potentially serious implications for the dollar’s broader standing—is already underway.
As China has emerged as a major player on the global energy scene, it has also embarked on an extended campaign to internationalise its currency. A rising share of China’s external trade is being denominated and settled in renminbi; issuance of renminbi-denominated financial instruments is growing. China is pursuing a protracted process of capital account liberalisation essential to full renminbi internationalisation, and is allowing more exchange rate flexibility for the yuan. The People’s Bank of China (PBOC) now has swap arrangements with over thirty other central banks—meaning that renminbi already effectively functions as a reserve currency.
Chinese policymakers appreciate the “advantages of incumbency” the dollar enjoys; their aim is not for renminbi to replace dollars, but to position the yuan alongside the greenback as a transactional and reserve currency. Besides economic benefits (e.g., lowering Chinese businesses’ foreign exchange costs), Beijing wants—for strategic reasons—to slow further growth of its enormous dollar reserves. China has watched America’s increasing propensity to cut off countries from the U.S. financial system as a foreign policy tool, and worries about Washington trying to leverage it this way; renminbi internationalisation can mitigate such vulnerability. More broadly, Beijing understands the importance of dollar dominance to American power; by chipping away at it, China can contain excessive U.S. unilateralism.
China has long incorporated financial instruments into its efforts to access foreign hydrocarbons. Now Beijing wants major energy producers to accept renminbi as a transactional currency—including to settle Chinese hydrocarbon purchases—and incorporate renminbi in their central bank reserves. Producers have reason to be receptive. China is, for the vastly foreseeable future, the main incremental market for hydrocarbon producers in the Persian Gulf and former Soviet Union. Widespread expectations of long-term yuan appreciation make accumulating renminbi reserves a “no brainer” in terms of portfolio diversification. And, as America is increasingly viewed as a hegemon in relative decline, China is seen as the preeminent rising power. Even for Gulf Arab states long reliant on Washington as their ultimate security guarantor, this makes closer ties to Beijing an imperative strategic hedge. For Russia, deteriorating relations with the United States impel deeper cooperation with China, against what both Moscow and Beijing consider a declining, yet still dangerously flailing and over-reactive, America.
For several years, China has paid for some of its oil imports from Iran with renminbi; in 2012, the PBOC and the UAE Central Bank set up a $5.5 billion currency swap, setting the stage for settling Chinese oil imports from Abu Dhabi in renminbi—an important expansion of petroyuan use in the Persian Gulf. The $400 billion Sino-Russian gas deal that was concluded this year apparently provides for settling Chinese purchases of Russian gas in renminbi; if fully realised, this would mean an appreciable role for renminbi in transnational gas transactions.
Looking ahead, use of renminbi to settle international hydrocarbon sales will surely increase, accelerating the decline of American influence in key energy-producing regions. It will also make it marginally harder for Washington to finance what China and other rising powers consider overly interventionist foreign policies—a prospect America’s political class has hardly begun to ponder.
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What I don't get is why the Chinese people don't demand a de-peg from the dollar and a dump of UST and dollar holdings and quit with the mercantilism. Production is a means to consumption ultimately.
Because if they dump USTs then they will get USD in exchange
What is the difference?
They are stuck with USDs which world is rejecting now, because there's too much.
They want to dump those USDs and get real stuff in exchange, like oil, gold, arable land, geo strategic position etc
Issues is: Who accepts those USD?
Answer: Not many. There's just too much of them
Much of the Yuan oil trade will be settled in gold at the Shanghai FTZ gold exchange.
The trade is oil for gold.
They want to get rid of $3 trillion they have accumulated giving USA and EU real stuff.
Nobody wants them.
Hence they are buying real estate around the world and moving factories to Ethiopia
Nobody, meaning, mines, oil wells etc
Real stuff... are you stooopid?
The Dear Leaders of the World's Progressive Peace, Love, Diversity and Inclusiveness Party asked specifically for All World Powers to Come Together in Harmony and Fealty to Engage in an Effort to Defeat Terrorism and Piracy on the High Seas.
So This is Exactly what They Got!
Exactly What They Asked For!
The Chinese are Merely Adhering to El Primrose's Desires.
Don't ask for what you might not want because you just might get it good and hard.
Another Good Thought.
If the Federalies want the uninvited to live here, why not have some live "there"?
http://dailycaller.com/2014/09/20/petition-urges-obama-to-let-border-jum...
I wonder how you say, Fuck You NWO, in Mandarin?
?????????
OR,
????????? I tried to cut and paste traditional versus simplified scripts from the computer translator, but it ended up with a bunch of question marks. How about 'FUCK YOU, NEW WORLD ORDER' with an accent?..Blocking or blowing up the Straight of Hormuz...Brilliant.
Who called this move?
...YOURS TRULY CALLED THIS MOVE.
Will make Russian & Iranian Oil & Gas the only game in town.
Russia, China & Iran have each others back on this one.
F*ck the USSA, UK and Europe
a la Venezuela: Wake up one Monday moring to a fiat dollar 50% less in value, and see all the prices essentially doubled overnight; gas $8/gal, and so on.
It's no wonder Indians, Pakis, Chinese and so on buy as much gold as they can afford as a "storage of value."
Damn, silver again taken to the woodshed. People are dumping their paper fast. Last one out is a rotten Yellen.
The Petrodollar system is getting attacked from all sides. I believe ISIS's ultimate goal is to destroy the dollar.
http://www.planbeconomics.com/2014/09/isis-ambition-may-kill-petrodollar...
The Petro Yuan? You guys must be crazy. Do you think America is going to sit back and let that happen? What planet are you from? King Dollar is going to rule for a long long time.
Without artifical (contrived) scarcity all this childishness would be impossible...
Wake me up when the monkeys leave the reigns of current seats of (contrived) power and reasonable adults take the healm....
how you say...in mandarin...
who is your audience? NWO doesn't care for / know mandarin; chinese doesn't care for / know NWO, no?
except this: http://rense.com/general77/chinsec.htm
"artificial scarcity..."
IS, Iran, BRIC all for oil (and gas) scarcity...and China is on Iran's side, no (hummmm.)?
Them and us, only.
Yes and No
"Do you think America is going to sit back and let that happen? What planet are you from? " - CORRECT !
"King Dollar is going to rule for a long long time." - I don't think so...
the amount of debt hanging the dollar down is humongous, either way we will have a big reset, now if later on the planet's trade will be done using a digital currency, a golden Yuan or wood sticks is another matter.
"..Blocking or blowing up the Straight of Hormuz...Brilliant.
Who called this move?
...YOURS TRULY CALLED THIS MOVE.
Will make Russian & Iranian Oil & Gas the only game in town."
Okay, Magellan, find the Iranian oil terminal of Bandar Abbas on a map and get back to us with your brilliant plan. And while you're at it, find the way the Russians get gas to China right now and get back to us twice with your brilliant plan.
Online translator of "????????" put out
"FUCK YOU BERNANKE!"
Nary a single ZH thread goes by without the above comment....
It just needs to be stressed that often
I've heard (phonetically typed) " dyu lay lo mo" which roughly translates, I'm told, to "fuck your old mother". Not sure if it's Mandarin or Cantonese as my in-laws use both dialects.
40 years ago in my high school one of the kids was from Hong Kong. He said," Doo nay, doo nay la moi yah!" Amazing what we remember.
"Due nay Lo mo hi " is cantonese
" Chow ne ma " is Mandarin.
" Fuck you" is French... I meant English.
,,l,, = Mandarin
Kamada-sin-quo
:-)
China is a communist country with the standard 5 guys who run everything. They aren't against a NWO. They intend to be the NWO.
There's nothing anyone can do about it, so get used to it. It wasn't us that sold the US down the river.
In pinyin. Pronounced like this: "Nee ta ma dasu gwo".
So This is Exactly what They Got!
Exactly What They Asked For!
Knucks...Dey jus gotz ya by tha glots, man.
They be sure that ye heart and mind will follow.
Good word...glots
Yes, because colonizing Africa has worked out so well for everyone that has did it before.
Should that happen, gold will trade many multiples higher, possibly order(s) of magnitude higher, and the US empire would be finished, or rather enganged in WW3. It could happen that way.
Complete logical fail. Why would the Chinese be moronic enough to trade off gold for oil, when their announced mission in life is to elevate the renminbi to reserve currency status?
Hmmm, let's see now...
I can give you this worthless hocked-to-the-hilt picture of Mao for a tank of gas or I can give you this ingot of gold. Which one do I really want to keep for me and which one do I really want to give to you?
Think about the consequences of such a move. In a few years, China would be both gold-less and trying to buy oil with a currency even less desirable than old Legal Tender. Come on, people, stop sending postcards from the magical land of wish fulfillment. Not everything in the world is a smoothly running plot that is out to get you.
See, China has the gold now. All the Saudies (and Russia) have to do is say "gimme gold or no oil/NG" and it's all over in the blink of an eye. Brics countries will ultimately settle trade in gold, so yes, this may well happen. A gradual moment towards gold, the ultimate form of money.
PetroYuan only makes sense if it is going to be backed by gold. Otherwise what is the difference between the dollar and the Yuan? both have and continue to go through monetary inflation, which is the primary reason why the petrodollar is being dropped due to its ratio of purchasing power vs oil and the dollars addiction to low interest rates, the Yuan is and will be no different.
From the frying pan into the fire?
My hedge is that gold will be involved.
Totally Agree,
If the USA gov is always intervening in the Dollar the Chine Communist Party does in an Even Greater Way ...
No one would ever trust the Chinese Communist Party, so the only chance they have is to return to the Gold ...not the Gold Standard ... just Gold.
Trusting the Chinese Central controlled Communist party for currency is like Way worst then Trusting Nixon when he "Temporarily" decouple the Dollar to Gold ... in the 70's ...
Regards.
I have a question that's been bothering me for years:
Who monitors the owenership or possesion of UST's.
OK, say China has 3 T in UST's. Can someone track if these are being used in actual transactions as payment by sime sort of serial number registration? Are there clearing houses of some kind?
Thanks in advance for any input.
Wonder how Senate tracked down and blocked $100 billion belonging to Iran?
Easy peasy.
All electronic transactions are trackable.
Senate and US Treasury control the Fed and the SWIFT system in Brussels
Fed and Treasury know exactly who hold what and they can get to know withing a certain period
http://www.treasury.gov/about/organizational-structure/offices/Pages/Off...
This office does it
They employ 700 people
Thanks for your reply, makes sense.
I still keep wondering about any plausable reason for the following event:
US government securities seized from Japanese nationals, not clear whether real or fake
Bonds worth US$ 134.5 billion are seized. This is the largest financial smuggling case in history. But are they real? Concern over ‘funny money’ or counterfeit securities is spreading in Asia. The international press is silent.
http://www.asianews.it/news-en/US-government-securities-seized-from-Japa...
Care to take a swing at it?
i don't know about that one
Normal thieves
Smuggling. Not theiving.
I remember that. Funny, it pretty much disappeared from the news. If they were fakes we would have heard about the prosecution and jail sentences. If they were real...not heard a peep.
The bit I heard was that there were no such bonds ever created. OK, but if you're a counterfeiter, would you try and print $7 bills? No, because they are non-negotiable, i.e. everybody knows there's no such bill. Why would someone go to the effort of creating a $1 billion bond if there are none in circulation? Doesn't make sense. And suggesting that it'd "dupe" someone, there's no one out there who deals in even remotely those figures who doesn't know exactly what bonds are legit, or be able to look them up online or within bank software.
And supposedly those guys were released soon after the escapade, but not under any claims of diplomatic immunity, etc. Just imagine what a little guy trying to pull that would get. I'll throw this in as well:
http://gizadeathstar.com/2013/11/9000000000000-scandals-problems/
There's been a few of these little "incidents". Who's sending messages to whom?
So if we cut out the heart, does the body die? <insert evil laughter here>
Im pretty sure they're buying up 'assets' in the US and abroad..from fools who think theyre gettin a good deal right now.
Theyre not just at the US cash your worthless crap here window.
Chinas just been playin along..biding time until they have to just eat there losses..that time appears to be arriving.
real estate, yes.
But nothing major
Canada rejected them buying full ownership of oil assets.
We would like to take delivery on all those gold and silver contracts you dumped at 3:00 AM in the GLOBEX. And don't try any cash settlement crap on us or the US will know Chinese torture like no other.
Sincerely PRC.
Chinese people have about as much to say in this charade as the American people. They are under the Red Shield like the rest of us.
yes, but there is one difference. The government isn't trying to kill its citizens like the DC fascist/nazis in power. America needs to remove those mofo otherwise everyone gets screwed as they are using the US as the host.
"yes, but there is one difference. The government isn't trying to kill its citizens like the DC fascist/nazis in power.'
OMFG!
I guess you're right. FOXXCOM sets up 'suicide nets' so that the worker-slaves don't KILL THEMSELVES (before they've completed their indentured servitude).
PHHTH!
"The government isn't trying to kill its citizens"...
Yeah, it's like they don't even have to TRY ANYMORE (their citizens KILL THEMSELVES).
My FUCKING GOD! What a DOUCHE!
Suicides?
You mean like US soldiers?
You mean like Bay Area Rapid Transit? BART? and CalTrain? About 1 a week goes under the wheels.
Here there be nuts. If you have a sadistic side then you might find them amusing.
Monty douche, Foxcon is in Taiwan last I heard.
Do you mean the research conducted by UN that the satisfaction of Chinese with their governbment is 82 percent vs 28 percent of Americans?
Right - and what would you say? "Oh - you're really from the UN? Let me tell you my true feelings..." North Korea gets 100% satisfaction with their governement. The dissatisfied are no longer available to participate in the research.
DonutBoy - you have a point, but let's face it, Democracy as practiced in the Western World has sadly, failed.
I know a gal whose husband beats the holy hell out of her. She loves him too.
LOL. How about the survey of the richest people in China and their stated number one goal is.......to get the f out of China. Fact.
becoz that would give the fascist/nazis an excuse for all out war. No one wins.
The Banksters are the true evil dictators here, thus using their own device to subdue the enemy is the highest form of warfare not hot conflicts like what the US likes which always nearly ends in failure. Plus, the current system is still in place and they can amass assets of various kinds with its worthless (yet still percieved to have value) dollars. Milk em until its dry!
Banksters are the pawns of the progressives..
That's what happened with Hitler early on. The bankers and industrialists thought they could manage and contain the man to their very own desires and in the end... they still got rich.
Priorities grasshopper, patience, all in good time.
Patience grasshopper.
A ship docks in a foreign port and it's the end of the end of the world as we know it? I have some news....China has docked ships in American ports too. So have the Russians. Must be a slow news day.
Don't you mean th former Soviet Unionites?
yeah, because a Chinese destroyer docking for four days before heading out on its anti-piracy mission is a real big threat to the US 5th fleet and is oh so impressive vs CTF 150... whatever
you guys need to stop huffing gasoline or whatever the hell it is you do over there... it's warping your mind
It's not all about the 'Merican Navy, Turtle.
Today: One ship from CHN and trading/bartering Oil w/CHN, RUS, and IND. Did you forget their Joint Miltary Excercises this year?
Tomorrow: Add in another "I" for IRN - Full-Time into BRIC and SCO Partnerships.
Soon: More FDI btwn IRN and CHN - along with PLAN Vessels frequenting IRN. Any Oil-Export Sanctions the Five-Eyed Fraudsters wish to impose WILL involve PLAN Vessels running their Convoy.
Writings are on the Wall. I'm VERY CERTAIN CHN will beef up IRN's Armory with Missiles and Mines, since RUS is already working on their Defenses.
Whomever allowed the Carriers in the Gulf may need to reconsider - It's going to be a Bitch to dodge successive waves of Torpedoes and SS/AS Missiles in an improptu Minefield through the "Dire Straits" - Especially when you're dealing with a Military with hundreds of miles of Coastline surrounding the Strait ready to dump their Load.
When I sailed with USN's Convoys during the Iran-Iraq War, we deliberately left the Carriers outside for a similar reason. Have you ever BEEN there?
The Battle Ops Plans for IRQ won't work for IRN; but I must presume that several NeoCons and Think Tanks (Hi, Stratfor and L3), are Copy/Pasting IRQ Plans for some time now.
Anyone know the quality of Chinese anti-aircraft missiles? I know they have very good anti-ship missles. The US would stop or blockade any weapons shipments to Iran but not on a Chinese destroyer. They could drop off some weapons and escort a oil tanker back to China.
"Chinese people" have no say in the matter.
And its not just the UAE. Jim Willie is claiming in his latest Hat Trick Letter that the Saudis are set to reject the USD for oil payments- and that it will be the Shot Crash Heard Round the World.
One word:
BLOOD
I never thought it'd get to this point but.....Junta may actually materialise, like the 60s and 70s
Oligarchs would be subdued.
Modern US oligarchs are full idiots
They underestimate the importance of military loyalty.
Rothchilds were smart. British navy backed them up, because Rothchilds never screwed up with them back then.
Did Rockefellers when they were ruling back then screw up with US Military? No they didn't.
These idiot current oligarchs ruling us now, like Buffett, Gates, Adelson, Koch bros etc have gone left wing or libertarian, all anti-military.
Freaking morons.
Who will defend their world assets from being blown up? Only US Military can.
So, be nice to them, not trying to ruin the Military as they are doing now.
What freaking idiots.
"Who will defend their world assets from being blown up? Only US Military can."
Oh well. no soup for you.
they will get the soup by shooting bullets at oligarchs and their assets
Human history is unmistakable
Fuck them and their fucking wars!
Our leaders were oh-so-wise in transferring our wealth, jobs and industrial know-how to China. No way that could possibly bite us in the ass, right? [/s]
The fact is that China got rich on our $$. Who let it happen? We did and there was hardly a whimper of protest.
Once upon a time, we had leaders who actually cared about America and American citizens. No longer. Now its all about winning the next election through any means necessary and enriching themselves through sweetheart deals that yield a short term bonanza. No thought given to the consequences that might ensue the day after the next election. I'll bet its so bad that, back in the day, half these guys would have been hanged for treason.
But, hey, we all elected the smartest guys in the room, so it's what we deserve.
no objection
No truer words may have ever been spoken. U may have just hit a logical grand slam of enlightenment.
I think they also care about jumping as high as they are told to jump after having NSA tapes of their indiscretions played for them.
. . . not that any foreign power would be in possession of such material . . .
... not that the entire NSA data feed, including Congress, the Executive, Judicial and everything else goes, unredacted to another foreign power.7
What make you think that the Rothschilds and Rockerfellers are no longer the olgiarcs ????? Buffet, Gates and friends don't have piss by comparison. The ultra wealty do not want you to know who they are.
Because I don't see Military defending their assets or having any reason to defend their assets
They don't have shares in Exon/Mobil??
Those useless fuckers couldn't defend their own headquareters on half a trillion dollars a year against $12 worth of boxcutters
One step closer.
Listen Nuke.
If the slanty eye'd homeboys wants a seriously crafty motherfucker who could figure out how to horizontally extract that natgas from Qatar and the persecuted "ONE's" I'm ready to "DO" business!
OH!
Tip for Iran: "Do1 unto them2 before the Do unto you." Cause they will3.
Where [1] = Drill & Extract Horizontally, and [2] = Qatar.
[3] Recall that the reason that Saddam went into Kuwait, was that they drilled horizontally in Iraq, and refused to stop. Even after numerous warnings and threats. Even when Saddam's tanks rolled to Kuwait's border (as a Finall Warning), they kept pumping, and the Americans and Saudis did not react. Clearly the Saudis were under direct orders from Bush Sr., who wanted to "sucker" Saddam into a war - which not only worked, but these facts were totally whitewashed/ignored by the US MSM... 20+ years ago.
Moral: Qatar cannot "pull a Saddam" (invade Iran) for Hor. Drilling (HD).
Opportunity: When you close one door, you open another... Using HD and the ISIS/ISIL mess as leverage, Iran should offer Qatar an "Easy Out": Link their pipelines to Iran's and from there to Russia-Europe and Russia-China.
I DRINK YOUR MILKSHAKE!
https://www.youtube.com/watch?v=RKQ3LXHKB34
Now this is just too cool. The Liquor Store near to me is owned and run by Iraqi "Immigrants" (More like asylum seekers with good reason...)
They used to be employed at the US Embassy in Iraq while Saddam was in power. I have had many discussions with them about Ms. April Glaspie, former US Ambassador to Iraq under George HW Bush.
It has been enlightening as the US Government, did indeed, give Saddam the go ahead to invade Kuiwait in August, 1990.
Think about it...Without that permission old Osama bin Laden would not have had any bitches, moans, or gripes about US Troops being stationed on his beloved "Holy Land", Saudi soil.
The WTC would still be standing today. (That was a Saudi Operation.)
The USA would not have its hands dirty starving one half million Iraqi infants to death.
There woud have been no wars.
It is one thing reading about this on Wikipedia and other MSM sites....
But it is absolutely another thing hearing it from the people whom were actually present.
It is absolutely amazing how much power was spoken in Ms. Glaspie's words.
What a fucking bitch from hell.
Just FYI...
Thanks for that. Testify, brother!
Yeah thanks, except for this bit - The WTC would still be standing today. (That was a Saudi Operation.)
All the Saudis provided was cannon fodder for the event. Although, some of the cannon fodder is supposedly still alive and kicking in KSA.
Gets me 1 step closer, & I'm about to break!
i am seeing a future for American Casket and Yellow Ribbons. Not much in the way of intelligence or sure as very many will march to the stupid orders to save the so called Republic
long, hard, and full of chinese semen
As I understand it, the long part may just be an exaggeration...
Chinese has a Crisis in Demographics... Iran has a problem with youth movements.
Solution: Iranian Brides for Chinese men.
Urgency: Not Urgent, No Threat, No Security Issues.
lol
|- - - - - - - - - - - - - |
6" Right!?!
Listen.
It seems to me that you 4 are fascinated by Asian cock.
Want to see a monster? Or what?
Come'on bitchez, my pic will make your taint throb.
one long dong , and thats about it ...
I understand where yer comin' from... :>D
To piss Nutty Yahoo off further, Iran tested air defense system Bavar 373.
There's always another means to accomplish something, sometimes it's better.
Recently I figured out that Israel's alleged beef with Iran is all Kabuki in their part. They are acting as Front-men for the Petrodollar, i.e. for the US and the Saudis.
Iran and Iraq are direct and major competitors to the Saudis, and the US is happy to oblige -- as long as the Saudis keep playing the Petrodollar Game, which they pretty much have to. The US, Israel, Jordan, the Saudis, Emirates and Qatar are all in cahoots for the Petrodollar, in spite of the Israel-Palestinian sideshows they engage in from time to time.
Only two things really piss off Israel/NuttyNyahoo: 1. Being ignored, and 2. Threats of economic embargoes regarding the Palestinians. Zionists are grand masters of crying foul, crying wolf, guilt-tripping, deception and manipulation. How else could a few million people (actually... few hundred tens of thousand relentless activists) have such influence? Let's stop being gullible and malleable when it comes to BB's, Israel's and AIZPAC's8 antics.
* AIZPAC = American Israeli Zionist Political Action Committee
"touche!"
At the heart of the petro dollar scam, perhaps, is the dollar's ability to purchase gold.
James T. - Israel is acting as Front-men for the Petrodollar, i.e. for the US and the Saudis.
True Kirky, but they're not doing any favors. They're doing it for themselves. The Petro$ is the mechanism that funds the MIC and keeps the Zionists afloat. I want to see how they intend to get by without it.
BULLISH!
This article-series is one of the most thrilling to reads at Zerohedge.
I wonder if you flip that destoryer over it says Made in China™
Wait until it sails home; it'll capsize on its own, proving that it is.
probably says "Made in the USA"
Or maybe it says ... Imported from Detroit
From WTC (I & II) steel beams?
Myrtle Beach to start accepting sand dollars as currency (who'd have thunk it?)
http://empirenews.net/myrtle-beach-to-start-accepting-sand-dollars-as-cu...
No, but it is made from the same deadly chemicals and toxic waste that they use in their baby toys.
I have extensive experience attacking Bandar-Abbas with an F-112. Avoiding enemy F4s and sinking that Chinese ship would be easy.
That would definitely be four steps closer.
China: "Hey America! Thanks for all the trillions of dollars! We make new friends now!"
Fuck the US hegemony, in other words....FUCK ME!
OKAY ur fucked, start digging ur grave.
1 Destoryer against 5th fleet? If I was playing battleships, having a two'er ship against someone else's fleet seems like a no contest. Is this really worth talking about as a big move by China? Doesn't this post deserve the "It begins" subtitle - like other posts of similar stature?
An old joke holds that Swiss German Prince Wilhelm Hohenzollern once, while visiting Switzerland, was invited to attend one of the numerous military that citizens of this country are undergoing training. At one point he asked the commander of the exercise: How many men under arms possesses you? He was told: One million. The prince, later Kaiser of Germany, then asked: What would you do if my five million soldiers crossed its border tomorrow? When the Swiss commander replied: Each of my men would give five shots and go home!
Never underestimate one Destroier five Moskit missiles sufficient to below for each of the five ships and more Aindra sobrarão the whole rest of the torpedo armament on board.
:-)
I destroyer at the neck of the bottle the 5th fleet is trapped in, is another way
to look at it.
Showing the flag is the significance of course, plus a not so subtle hands off Iran
signal, thats says China will not sit on the fence anymore.
The US would have no problem droning Iranian ships or land forces. The US would not attempt to interfere with a Chinese ship. China is just setting the stage to ensure the flow of oil from Iran to China is not disrupted in the future.
You miss my point completely, do you work at State ?
Remember the Chinese embassy, US precision bombing levelled by mistake ?
Drones only work in unchallenged air space and like Winston says, showing the flag and what that implies is the message.
I hear Obama is going to be on the new $3 bill and The Bernack is making a comeback to pilot a big air drop over China. I hear this is Michelle's idea and she's hoping to maybe swap for some Yuan in hopes they can afford to build Barak's presidential library so soon as he slithers out of DC....which can't be soon enough.
bastards need to park that thing in syria asap for fuck sake.
the talmudics are itching to get those pipelines building
Don't forget that the Talmud (Rabbinical oral traditions that diverged from Moses's Torah, and were eventually written down) originated in Babylonia, ie. ancient Iraq.
Tony - remember a year ago when the Russians had six surface ships off of Syria between the US Navy and Syria?
http://www.wikileaksparty.org.au/the-conflict-in-syria-and-what-it-means...
http://www.wikileaksparty.org.au/wp-content/uploads/2013/09/Fleets-off-S...
The Chinese also sent a ship and there was also supposedly Chinese subs as well as subs from USA, UK, Russia and Israel.
http://www.infowars.com/report-china-sends-warships-to-coast-of-syria/
"It will also make it marginally harder for Washington to finance what China and other rising powers consider overly interventionist foreign policies—a prospect America’s political class has hardly begun to ponder."
Soon, America will be left with only Iraq to drop its surplus production of bombs on. And then, when Iraq will be freed of them too, they will pile up bombs in the US streets. Or sell them to American local police forces. Or to schools.
The MIC is "too big to fail", innit?
I have this strange feeling that ship brought several tons of gold to pay for oil.
hehe.
Ebola and the oil connection.
"The movement of troops, especially American troops, is the dead giveaway to any broader game plan which is intended to be hidden within the structure of propaganda and media campaigns. So it is with muted surprise that we hear the news of the United States sending 3,000 troops to help fight the Ebola epidemic in West Africa."
http://philosophyofmetrics.com/2014/09/16/ebola-and-west-africas-offshor...
+1. LOL, because I've been saying for weeks that the real Action behind the Curtain is US efforts to get China out of Africa, and to keep Russia pinned down (and maxed out) with Syria and Ukraine.
If China wants to keep or grow its presence in this Petro-region, they need to have offshore 'cities', using oil rigs and container ships. That way their medical and viral experts have fast access to fresh Ebola victims (to play Biotech/Vaccine games), while keeping a safe distance at the same time.
Probably shipping some arms/tech and gold to trade for oil.
Why would you trade physical gold for oil when you can still buy oil for dollars?
maybe Chinese get a discount if use gold
Roberto Carlos:
Uai!
China pays Saudi Arabia at $.
Iran is surrounded by many economic sanctions.
China pay Iran in gold and buying gold you need in the international market.
:-)
Thanks. I'm an idot and I totally forgot about the Iran sanctions.
Iran doesn't take dollars. The US cut them off from dollars when it levied the SWIFT sanctions. Iran didn't care. They didn't want dollars in the first place. The US cut Russia off from many dollar denominated transactions. Russia didn't care. It just moved its business to China. China can provide anything the US used to provide. Face it. Pushing the dollar is the only job the US gov't has. And the US gov't is losing its job. 139 nations now have deals or agreements to use currencies other than dollars in various transaction. When the world finally gets rid of their need for dollars, ,those dollars come back to the US and result in superhyperinflation. The nation to watch is Saudi Arabia. They have become very cozy with China and Russia, while snubbing Obummer. When they dump the dollar, it's all over. Welcome to the America which gov't greed and stupidity created.
Lots of greed and stupidity to go around. Not only in the .gov.
Arrest Bandar and the Bush family for using weapons of mass destruction on the World Trade Centers. Don't let Cheney and Rumsfeld get away. Buy Gold and Silver in support of the war against Goldman Sachs.
was that chinese destroyer loaded with tones of gold to trade for oil ??????????
should have read the comments below , it seems i wasn't the omly only one with that thought .
Put it this way:
- Diplomatic Delivery.
Kkkkkkkkkkkkkkkkkkkkkkkkkkk!
You put tons of gold aboard a freighter any?
You give money to banks with Wolksvagen Kombi?
You take airplane knowing what happened to the two Korean Arlinis of?
Think about the options ...
hehe.
Aren't there some 7th graders who need to be able to find South America on the map? Get busy, geography boy.
The Chinese are not about to pay in bullion for anything. They are in the process of hoarding it.
All China and Russia have to do is bust the COMEX and buy up all the gold contracts and demand delivery.
With the COMEX contracts subscribed better than 70:1 it will be a nightmare for US . Showing it's all Ponzi, including the Federal Reserve. The emperor has no clothes.
..yes, when the time is right.
And the US replies:
Uh, no. We're keeping the gold and confiscating the funds you had to pay up front. Have a nice day.
For the life of me, I can't understand why you guys posit this huge, evil conspiracy that is nevertheless bound by some set of inane bureaucratic rules which will prove its well-deserved undoing if only the righteous utopian rulers of law-abiding Russia and China find the right trick in the book.
Your own hypothesis is that they are evil and will stop at nothing. Pretending that they won't simply rewrite the rules when it is to their advantage to do so doesn't seem very likely to me.
Yogi - MFGlobal and after that PFG showed they will try to payoff in fiat price++and failing that they will just tip the table over before allowing a COMEX default. COMEX will become irrelevent, like the London Fix.