posted on Feb, 12 2004 @ 04:51 PM
It could be about the oil,..
or the New World Order,..
or just a power trip...
But after the oil is gone,..
and generations have passed,..
and countries change hands,..
and currencies are replaced,..
There will still be Gold,..
and it still will have value.
Oil is the biggest product to hit the shelves,..ever.
Countries, governments, and individuals have grown rich on this industry, that supplies what is needed to support a mobil workforce, and is a common
expense to the common public.
Iraq traded their oil for Euro dollars for over two years before the Iraq war.
Saudi Arabia has had chatter from high profile positions, that it is the best thing to only accept gold for their oil. (They are losing about 40-50%
of revenues thru currency exchange issues. on all oil the US buys from them.)
Venezuala pres has discussed the idea of trading Euro's for their oil. (Suddenly the V. Prez announced discovery of a planned cia hit on him, during
his trip to chat w/dubya bout the money)
To keep the US Dollar propped and defecits financed, much USD must float around the world in circulation.
But if oil countries only sell for Gold or Euro's, how many countries do you think will stock their dollar reserves, since the US does not sell as
much oil outside the country, what will the US buy their oil for ? (no gold in fort knox, but a huge pile of unclaimed euro's in france being held
for Iraq, but I bet Iraq only trades in dollars now. (where did two years of billion dollar oil sales for euro's go, will they be converted? What
will the new Iraq currency be based on,...fiat,...gold,...probubly the USD & Treasury notes)
IMO,...it's all about the money.