The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review reports. The crude oil futures will be the…
Electronic money, a cashless society, is perhaps the ultimate and most direct means of the New World Order (NWO), also called One World Order (OWO), to control us all via its financial system. A system that the NWO would like to maintain as the world’s financial system, albeit, it has already been reduced to the western…
US President Donald Trump’s support came in no small part from those Americans who believe terrorism, and more specifically, “Islamic” terrorism pose an existential threat to the United States and the wider Western World. It is curious then that President Trump’s first trip abroad was to Riyadh, Saudi Arabia, the sociocultural source code of the…
Late last week, Saudi Arabia and other members of the Gulf Cooperation Council (GCC) that are involved in attempting to isolate Qatar sent the tiny Gulf nation a list of 13 demands. They are insisting that Qatar meet these demands within ten days or face unspecified further action. The list of demands includes Qatar shutting…
China and Russia have already ditched the US dollar in their vast energy trade. Now China is leveraging Saudi Arabia to also abandon the greenback for oil sales. No wonder, it seems, that US policies are increasingly lashing out. US global power depends on its presumed economic prowess and military force. With its economy in long-term decline,…
Several years ago when the Federal Reserve had its Fed funds rate at zero to 25 basis points (one-quarter of one percent—0.25%), there was a great deal of talk, somehow presented as urgent, whether the Federal Reserve would raise interest rates. RT asked me if the Fed was going to raise interest rates. I answered…
