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08-27-2010, 06:45 PM #1
OPSenior Member
Oil price and Iran war
613. Iran war and another economic tsunami (11/12/09)
I have said that the purpose of Iran war is to save US dollar. Because Iran had abandoned dollar in oil trading, US has to keep the oil price at about $80/barrel to maintain the value of dollar in internetional money market.(see "556. Petro-dollar, the cause of Iran war (7/4/08)").
There were four big attempts to start the Iran war in past three years. 1. On 8/30/2007, a B-52 "mistakenly" carried six nuclear missiles to fly over the US continent. 2. On 8/8/2008, when Olympic Game ceremony opened in China and Russia invaded Georgia. 3. During April to July/4/09, when N. Korea tested its ballistic missile and nuclear bomb. 4. 9/25/09, when a secret nuclear facility in Iran was revealed and US gave Iran an ultimatum.
If the war on Iran plot have gone through, then Iran would be forced to go back to dollar system in oil trading, the oil price would go normal - that is around $20 to $30/barrel. But in the short period around the war time, what will happen? The oil price will go high, the dollar will go to historical low, and the gold, will go up like a rocket. Will those who planed the war project miss such a good chance to make a fortune? We know in 911, there was unusual trading in stock market that bid the downwards of air company because someone knew a disaster would come. So was in 8/30/2007's plot. Do you still remember the oil price had been manipulated to $147/barrel before 8/8/2008 plot? This time they focus on gold and money market. I felt this when I saw the "Cash for gold" advertisement in August. I wrote "609. About gold price and inflation (9/16/09)", predicted that the gold would go $1,500/ounce or higher, Euro would go 1.6 dollar/euro or higher, and yen would go 80/dollar or higher this year. On 9/25, Iran war crisis suddenly broke out. US gave a three months ultimatum to Iran. (that would be 9/25 to 12/25) If Iran hadn't humbly made a swift response, three months is enough to push the gold price to $1,500 to $2,000/ounce. I did foresee another economic tsunami ploted by the Feds.
The ripple of September Iran war crisis:
1. Obama was awarded Nobel Peace Price on Oct.8/2009. It's true that Obama didn't do anything big enough to get that prize. My interpretation is that the European elites who, too, felt the coming war crisis. This action is an effort to stop the war before it happens. It also explains why there is a noise in US media. Because it really makes the war more difficult for a Nobel Peace prize winner. That makes the Feds unhappy.
2. On Oct.18, bombing in Iran killed five senior Revolutinary Guard officers. Iran accused Pakistan, the US and Britain were behind the attack. Such kind of case needs intelligence resource. It obviously is a provocation. Because on Oct.24, the inspectors of IAEA would come to Iran to examine the covert nuclear facility. If the Iran regime was enraged by the death of their top ranking commanders and changed their decision of accepting the inspection. Then the war became possible. Once again, Iran humbly swallowed the bitter fruit. Iran still opened the door for the UN inspection. Iran knows it faces a war.
614. Secret deal with N.Korea (11/22/09)
Feds used to pay other party to do illegal and ugly missions. How do they justify the payment if the receiver is a hostile country? They create an incident.
The typical sample is the bombing of Chinese Embassy in Yugoslavia in 1999. (see "193. Bombing Chinese Embassy in Yugoslavia (1/1)" and "194. D.o.D. worked for D.o.J. (1/6)")
Another big one is the "EP-3" spy plane incident in April 2001. In exchange to frame a drug case, China was granted to be a member of WTO and to be host of 2008 Olympic. We all see the result: China since then becomes an economic power, now one of the G-2. (see "555. Olympic deal (6/29/08) and "610. The road of persecution (9/23/09)")
Here is the time table of how N.Korea pushed for a nuclear horror from April to July for the Iran war and how an incident created to justify the payment of a secret deal.
3-17 Current TV of San Francisco sent two reporters - Laura Ling and Euna Lee to China to gather the news of North Korea refugees. They were mysteriously arrested by N.Korea board guards. The two admitted that they were "very, very briefly" cross the board - "maybe 30 seconds". If it was truth, then N.Korea board guards must be most efficient one in the world, and the two journalist must be the dumbest reporter in the world. They were sentenced to 12 years prison term.
4 - 5. N.Korea launched a ballistic missile to the Alaska area.
5 -25. N.Korea had a nuclear test.
6 - 7. Hillary Clinton said US may be seeking a way to interdict, possibly with China's help, North Korean sea and air shipments suspected of carrying weapons or nuclear technology. Later that month, US war ship John McCain followed a N.Korean commercial ship and made it a news. That ship, I think, carried with nuclear material to prove Iran's ambition on nuclear weapon. That ship, finally didn't go anywhere but returned to N.Korea.
7 - 4. N.Korea planned to launch another ballistic missile to Hawaii area but failed to carry out the plan. I think the Feds had changed its plan to the end of this year because that time is more suitable to push for a financial tsunami for a gold rush.
8 - 4. The two US journalists are pardoned and released by N. Korea during a visit by former President Bill Clinton.
You can see how a hostage show starts in March and ends in August while North Korea fulfils its
task in April, May, June and July. It resembles the 2001 EP-3 spy plane incident. In both cases the Feds sent hostage to hostile country to justify a secret deal and payment.
615. Gold rush in the end of the year (12/5/2009)
In early September, in #609, I predicted that "Feds is preparing another financial tsunami in the rest days of this year. ..... The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher."
The gold price was around $1,000/oz at that time. It reaches $1,200/oz these days. Euro now is $1.5/Euro and yen is about 87/dollar.
The speculators gathered the gold at the price around $900/oz. To set the profit margin at $1,500/oz is natural. It can be reached in the rest days of this year. How high the gold price can go after the price passing over $1,500/oz? It depends on the situation how successfully the speculators unload the hot potatoes (high price gold) into the hands of public. At that time, notice the big topic in the media - war, inflation, article to praise the value of gold and report of the short supply of it.... It's the time the speculators retreating from the gold market.
Also I have talked about "China and India co-operate with the Feds." to push up the gold price in that September message. Seven weeks later, on November 3, the IMF sold the Central Bank of India 200 metric tons of gold at $1043/oz. The news helped the gold went over the strategic point of $1,100/oz easily and stood steady there. My perspection is once more proved correct.
As a matter of fact, it was the Feds which is the hand behind the stock market collapse of 2000 (dot.com bubble) and the housing bubble of 2007. As early as six years ago, I wrote "180. Beware of housing bubble (11/16/03)". In which I said, "anytime soon there will be a broken housing bubble, and a staggering economy following it." Anyhow, the Feds failed to eliminate me. So the housing bubble keept growing up until it explodes in 2007. We all see the staggering economy now.kathaksung Reviewed by kathaksung on . Oil price and Iran war 556. Petro-dollar, the cause of Iran war (7/4/08) People think the nuclear ambition of Iran is the reason for Iran war. That is only right on Israel's part. For US part, it is petro-dollar. US dollar is appointed currency in oil trading. Because the oil trade is a huge business, a large amount of dollar is locked up in that trade. That money is called petro-dollar. Why it is so important to US? Because it acts as a long term none interest loan The prosperous US economy partly was based Rating: 5
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