PETRO DOLLAR GOING THE WAY OF THE DODO BIRD AS CHINA BEGINS SELLING OIL USING YUAN

SEPTEMBER 15, 2012
Source: 

The dollar’s death by a thousand cuts just sustained a few hundred proverbial slashes as China officially announced Thursday that the international banking and payment transfer system is ready for any nation in the world to begin accepting the Chinese Yuan as payment for oil.

Combine the Chinese announcement with Thursday’s open-ended and unlimited quantitative easing announcement by the Fed and the dollar is dead.

On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S. dollar since its inception as a currency. For the first time since the 1970′s, when Henry Kissenger forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.

Lindsey Williams: “The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine.”

“On Thursday, Sept. 6… just a few days ago, China made the official announcement. China said on that day, our banking system is ready, all of our communication systems are ready, all of the transfer systems are ready, and as of that day, Thursday, Sept. 6, any nation in the world that wishes from this point on, to buy, sell, or trade crude oil, can do using the Chinese currency, not the American dollar. – Interview with Natty Bumpo on the Just Measures Radio network, Sept. 11

This announcement by China is one of the most significant sea changes in the global economic and monetary systems, but was barely reported on due to its announcement taking place during the Democratic convention last week. The ramifications of this new action are vast, and could very well be the catalyst that brings down the dollar as the global reserve currency, and change the entire landscape of how the world purchases energy.

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8 Responses to PETRO DOLLAR GOING THE WAY OF THE DODO BIRD AS CHINA BEGINS SELLING OIL USING YUAN

  1. Sheri says:

    Lindsey stated that this was what the Elite had planned. Crashing the currencies was to develop “order out of chaos.” However, with the melting of the federal reserve “plates” (no longer able to print money) the QE3 is just a perception… or a deliberate buyout so the people don’t lose their entire lives? Whatever the case maybe, it is change. Change is good.

    The thing that we haven’t understood, is the Federal Reserve is no longer the “Federal Reserve.” Their printing presses were gone in 2010 to be sure. What we are seeing now is the “Closet being cleaned out.” However, this closet didn’t seem to want to be cleaned…

    I would go back, reread Poof’s messages, study who is buying gold and silver, who is dumping their banking stocks? I heard from Businessinsider.com that the banks in this country are now being audited regarding money laundering. If you don’t have anything better to do, go take a read.

    I think it’s about to get interesting!

  2. Pingback: Πλήγμα στο δολάριο! Dollar no longer primary oil currency as China begins to sell oil using Yuan « OMADEON

  3. Nora says:

    Woweee! No surprise that “they” kept it quiet! :)

  4. Roberto says:

    Humpty Dumpty won’t got back together again.

    This also protects the other countries of the world from the cabal plans to tank the US economy and take the whole world down with them.

  5. Stunned at Sunset says:

    CRASH!

    Thump, thump, thumpity, bumpity, bump, bump!

    Tinkle…

    Ah, the, ah, cracking sound you hear is the…ah… foundation of the Federal Reserve Bank about to give way.

    Hey! Easy come; easy go! What a’ ya’ gonna’ do?

    :o)

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