Saudi King clinically dead reported to be in good health: Danger ahead for the Petro-dollar?

August, 2005 – Vice President Dick Cheney walks with newly crowned King Abdullah, former President George H.W. Bush, and former Secretary of State Colin Powell / wikimedia  (1)

Riyadh – “Dismissing the reports that Saudi King Abdullah had slipped into a coma and was on ventilator, Crown Prince Salman on Tuesday said that the King was “well and in good health” (2)

PressTV – “Failing health, old age as well as the deaths of the king’s half-brothers have raised concerns about the future of the oil-rich country in the face of anti-government demonstrations.”  (3)

Jim Willie –The House of Saud (…) is in danger of falling, along with the Petro-Dollar. (…)  Continue reading

Jim Willie interviewed: “Global Opposition to the U.S. Dollar Mounts”

 Best audio Interviews:
Jim Willie: “Global Opposition to the U.S. Dollar Mounts”
1-16-2012

Image : renjith krishnan / FreeDigitalPhotos.net (1)

CNL Editor’s Note:
Here is a brief introduction,

followed by the link to Jim Willie’s interview
by TekoaDaSilva from bullmarketthinking.com

  • 2007 – Brazil and China announced a swap facility to bypass the US Dollar in
    trade settlement
  • 2010 – Russia and China announced a swap facility to bypass the US Dollar in trade settlement
  • 2011 – Japan and China announced a swap facility to bypass the US Dollar in trade settlement
  • 2012 – India announced it will pay for Iranian oil in gold bullion

“The USDollar might not be attacked on several front with harsh assaults so much as it will be relegated into irrelevance, as the USDollar will be ignored and left to defend itself in the open fields where wolves and dragons roam wild.

…The numerous defiant gestures by China, Iran, Russia, India, and Japan paint the billboard in big bold letters. The workaround of the USDollar is moving fast apace….

What we are witnessing is the end of the Petro-Dollar in slow steps. Continue reading