The World Changed And There Was Nary A Word

September 17, 2013, by Ken Jorgustin

dollar-no-longer-primary-oil-currency
Image: Time. Facts Global Energy

“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…”


 
The following events took place SEP/2012, and I’m nearly certain that you haven’t heard about it…

Despite that we have just passed the anniversary of the event, and although you may not think you’ve noticed any change because of it… it was a watershed moment – and one which is speeding the decline of the petro-dollar.

“On Thursday, Sept. 6…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.”

“This has never happened in the history of crude oil. Since crude oil became the motivating force behind our (U.S.) entire economy, and everything in our lives revolves around crude oil. And since crude oil became the motivating factor behind our economy… never, ever has crude oil been sold, bought, traded, in any country in the world, without using the American dollar.”

“Crude oil is the standard currency of the world. Not the Yen, not the Pound, not the Dollar. More money is transferred around the world in crude oil than in any other product.”

“On Friday, Sept. 7, Russia announced, that as of today, we will supply China with all of the crude oil that they need, no matter how much they want… there is no limit. And Russia will not sell or trade this crude oil to China using the American dollar.”

Source: Lindsy Williams quotes via Examiner.com
“Dollar no longer primary oil currency as China begins to sell oil using Yuan”

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.

This announcement by China is one of the most significant sea changes in the global economic and monetary systems, but was barely reported.

These duo actions by the two most powerful adversaries of the U.S. economy and empire, have now joined in to make a move to attack the primary economic stronghold that keeps America as the most powerful economic superpower. Once the majority of the world begins to bypass the dollar, and purchase oil in other currencies, then the full weight of our debt and diminished manufacturing structure will come crashing down on the American people.

 
Are you prepared?

 
UPDATE 9/17/2013

Canadian Billionaire Predicts The End Of The Dollar As Reserve Currency; Warns “It’s Likely To Get Ugly”

“Goodman warns – “during this period, it is likely to get quite ugly….” and its all related to politics and money… interest rates and confidence will turn overnight… there is no time to hedge when the truth takes place”

-ZeroHedge