MOTHER THREAD-watch: M3>Iran>Euro$>petro>WWIII

by **gloworm** » Sat Dec 31, 2005 11:51 pm

I have begun this thread in this manner because THIS is the RED FLAG that I've been looking for here in Rig. Intuition now for a few months. There was some coverage but somehow my info-data subconscience only just woke me up yest. looking for 2006 trend stuff. THIS IS IT FOLKS. Time to hike up your defenses as in GGG (guns,gold and grub) No need to buy a rolly coaster ticket, we're on it and it's about to take off. Per Col Quisp's recent comment in a diff. post re: Iran's threat escalation 'Yes, isn't it a coincidence' which has been said on webposts this last week re: the date (Mar23, 2006) of the Fed. Reserve's M3 $ money growth publication to be no longer a 'known' but hereon will be 'SECRET' and Iran's date of 20 March 2006' for its creation of its IRAN'S own petrol bourse (exchange market) based on Euro dollars. No, not just a coincidence. Here's the ????--Knowing what it is to step on the Brit/US control of petrol purchase--whatever insanity motivated Iran to decide to develop its own bourse/sale of petrol on the Eurodollar market? (explanation follows) Where to begin my elementary resumen of 5+ articles read yesterday without too much oversimplification? I will #1 extrapolate some and #2 footnote it. #3 is I hope this thread continues to be a 'mother thread' for future developments of this scenario and I authorize any of you RI folk out there who have multiple blog access to copy the following and just please give it away with reference to Rigorous Intuition's blog. OK. June 2004 Iran announced the opening of its own euro dominated oil Bourse for March 2006; Nov. 20 2005 the Fed made its whispered announcement. --with almost NO ABC, CBS, NBC, CNN, Fox or the other "Main Stream Media" COVERAGE. Hmmm. Seems a lot of us were in similar daze - several good analytical postings on it showed up in the last few days. I first found 2 in Spanish-Venezuela which led to the rest. Here's what the Fed has previously publized and what M3, soon to be secret, is: "What is M3 money supply? It concerns measures of money held as a store of value; the Federal Reserve defines them as follows. Vials(2) calls it "the structural backbone to modern geopolitics: * M0: The total of all coins and banknotes in circulation. (i.e. currency) * M1: M0 + the amount in demand accounts (also called "checking account" or "current account") * M2: M1 + other various savings account types, money market accounts, and certificate of deposit accounts (CDs) of under $100,000. * M3: M2 + all other CDs, deposits of euro dollars and repurchase agreements. { Vials: M3 is M2+all larger holdings in the dollar (Eurodollar reserves, larger instruments and most non-European nations' reserve holdings). The key point here is that which will be lost when the Fed stops reporting M3....: we will lose transparency on the value of reserve holdings in dollars by other nations and major financial institutions. } ME: Before we connect the dot with the Iranian oil bourse here's what the Fed can and does do with M3 $.--intro to the PPT. PPT= Plunge Protection Team--financed by M3 buys into the market to avert a selling panic. McHugh (3) watches PPT and correlates it to M3 growth and the Fed's electronical printing of $ who hands it over to the PPT to buy into the market: (Look, Jane look. See M3) <img src="http://inancialsense.com/fsu/editorials/mchugh/2005/1114.gif" style="border:0;"/> This is how McHugh(footnote #3) says it: "Why did we warn that the PPT would likely buy this market, and stop any potential crash? Because of the M-3 numbers. We could see there was too much money being created. We know that the way money gets into the economy is by the Fed buying securities. Inflation is too much money (M-3) chasing goods. Well, GDP (goods and services) is growing annually around 3.8 percent, yet M-3 was being pumped at three times that rate of growth. The difference had to go somewhere. It did. Into markets, and very probably equity markets. "So then, now the PPT can hide its market manipulative, equity buying activities, etc. incognito. "Yes, don’t let the technical analysts and Fed watchers know when the PPT is coming in. That will spook the shorts out and the PPT needs the shorts in. But the March 2006 M-3 announcement makes one wonder. What in the world are they going to be up to next year, that will require hiding the growth of money supply from the U.S. citizenry who used to own this country, who elected this outfit? War? A big-time war? Martial law? Could it be as simple and corporatist as merely wanting to drive equity markets higher so weak political ratings improve? "Remember, the original mandate of the Fed was to ensure a stable currency. Money. So now they aren’t going to release their measure of money to the public? One thing that can be agreed upon, based upon our technical analysis work, is that we are sitting upon an incredibly fragile moment in the markets, one that is in no shape to psychologically withstand a catastrophic event on its own. It would thus appear that the Federal Reserve, in tandem with the Master Planner Team, is taking steps to prepare for the worst, and unfortunately that requires secrecy from the people. Secrecy about how much money is going into the economy. Secrecy. "Where does that leave us as investors? Well for one thing, it makes it incredibly difficult to short, or buy puts, and expect a return on your money. If every time the market should drop, the Master Planners are going to dip into their secret M-3 stash and buy the markets, well, shorts might as well lift the cap off, and shove their money down the sewer riser. That is the psych-ops objective of the Master Planners." NEXT DOT. Iran's bourse: [mostly per Jeff Vail (2)] So what will happen when Iran opens its bourse? "They won't just sell Iranian oil (although that alone is a sizeable chunk of world production, roughly 4 million barrels per day, or about 5% of global production). Instead, they will create an entirely alternate derivative market to the exclusively dollar-denominated sale of oil derivatives at the International Petroleum Exchange (London) and the New York Mercantile Exchange... "the new Iranian oil bourse will be a direct competitor to both the IPE and NYMEX. You can count on Venezuela's PDVSA using the Iranian bourse, for example. And naturally, it would only make sense for Euro-zone customers to purchase via Iran using their own currency. This may take some time to build momentum, but it will be a truly monumental shift in the global geopolitics. .... The result of this is that countries will no longer need to use the US Dollar as their reserve currency .... This will result in a decrease in the value of the dollar... .... also a decrease in people wanting to purchase US government debt..... .... The M3 statistic that they will stop reporting this Spring is exactly the one that would be used to identify just such a shift in the use of the US Dollar as a reserve currency." Soj of Polland (5) puts it this way: "The world sells and buys billions of barrels of oil per day, and every single one of those billions is in the form of an American dollar. The effect of this is that every single country in the world which holds large reserves of dollars (for the purpose of buying oil) is essentially propping up the American economy on a huge scale. and added: "Some reports show that both China and Russia, large trading partners with Iran, have begun to increasing their holdings of Euros." (ME: I didn't check it out). "A shift away from U.S. dollars to euros in the oil market would cause the demand for petrodollars to drop, perhaps causing the value of the dollar to plummet," Brian Miller and Celeste Vogler of Project Censored wrote in Censored 2006......Russia, Venezuela, and some members of OPEC have expressed interest in moving towards a petroeuro system," he said. And it isn't entirely implausible that China, which is "the world's second largest holder of U.S. currency reserves," might eventually follow suit. ...Barring a U.S. attack, it appears imminent that Iran's euro-dominated oil bourse will open in March, 2006" Miller and Vogler continued. "Logically, the most appropriate US strategy is compromise with the EU and OPEC towards a dual-currency system for international oil trades." Jeff Vail said... More fuel for the fire: Ariel Sharon has aparently ordered the Israeli military to be ready to strike Iran's nuclear facilities by the end of March. Nice timing... http://www.timesonline.co.uk/article/0, ... 74,00.html ME: Have you felt over the recent news clips that we're having a sort of deja vu of Weap of Mass Dest. wool fib laid over our eyes. i.e. Iran won't have a nuke working for at least another year--hardly an imminent threat.... no or almost no mention of this new Iranian petrol bourse (which Saddam Hussein also inaugurated in November 2000).... Russia is siding with Iran and selling them defense equipment? .... You look at the Iranian anti-zionist poster with certain non-challance - just more sable rattling... My apologies for the academic presentation--previous teacher instincts. YOU CONNECT THE DOTS. Hopefully add some too! I sense momentum on the dark globalist agenda. Before taking the time to re-create this research I prayed and opened Scripture to Joel, short book on end-time prophecy, 2...."...let all the inhabitants of the land tremble: because the day of the Lord comes, because it is nigh at hand.....rend your hearts and not your garments and turn to the Lord your God: for he is gracious and merciful, patient and rich in mercy.."  The following is a picture of the poster behind speakers Iran's President Ahmadinejad and his chief strategic guru Hassan Abassi (different spellings: Abbasi, Abbasi) “World without Zionism” conference that took place this last fall (2005) where they made public their intent to wipe Israel off the map...with obvious plans to first to take out the United States. And this unhealthy alliance of Russia, Iran, potentially others using the petroldollars, well, I say, lullaby land may be marching to another tune. FCA. = Francisca <img src="http://img473.imageshack.us/img49" style="border:0;"/> <img src="http://i32.photobucket.com/albums/d3/doctorzin/wozion2.jpg" style="border:0;"/> f you don't SEE the pictures here's the website with them showing: http://regimechangeiran.blogspot.com/2005/10/why-havent-we-seen-this.html Footnote (2) Jeff Vail http://www.jeffvail.net/2005/12/peak-be ... rtain.html (3) Robert McHugh, Ph.D http://financialsense.com/fsu/editorial ... /1114.html Dec 27 2005 comment by Soj and her blogspot: Captain Hook TreasureChests.info http://www.safehaven.com/showarticle.cf ... &pv=1Other sources: Franz J. T. Lee: Cassandra warns: Venezuela, Beware of the Ides of March University of Los Andes (ULA) professor Franz J. T. Lee writes: On March 20, 2006, Iran, Nation No. 1 on the current Yankee hit list of the Axis of Evil, which finds itself just next to or before Venezuela, is scheduled to begin trading oil for Petroeuros on its own "newly minted" Iranian Oil Bourse [IOB]. http://www.urbansurvival.com/week.htm<a href="http://www.weblog.ro/soj/2005-12-27/The+Story+about+Oil+you+NEED+to+Hear.html">Soj's webpage on this</a> http://www.murkyview.com/archives/2005/12/19/iranian-situation-marching-towards-march.htmlwww.gold-eagle.com/editorials_05/chapmand112205.html

by **gloworm** » Sat Dec 31, 2005 11:55 pm

Look Jane SEE M3 chart did not come up. It's good! : <a href="http://financialsense.com/fsu/editorials/mchugh/2005/1114.html">financialsense.com/fsu/editorials/mchugh/2005</a>

by **Floyd Smoots** » Sun Jan 01, 2006 12:28 am

gloworm, are you ready for the "Day of The Lord"? Because, if you are, don't worry. If you or any other readers here are not, Be Afraid, Be Very Afraid! God Bless and Watch Over You All Brother Floyd, A.K.A. Saint Alex the Foolish, Circa Third Millennium, a.D.

by **sparkinthedark** » Sun Jan 01, 2006 3:17 am

During the run up to this war the biggest mistake Saddam made was saying he was going to switch to Euro's. <a href="http://www.ratical.org/ratville/CAH/RRiraqWar.html">www.ratical.org/ratville/...aqWar.html</a> History repeats and repeats.....

by **sunny** » Sun Jan 01, 2006 10:32 am

xymphora has a different take- <a href="http://xymphora.blogspot.com/2005/12/kurdistan-and-turks.html">xymphora.blogspot.com/200...turks.html</a> Edited by: <A HREF=http://p216.ezboard.com/brigorousintuition.showUserPublicProfile?gid=sunny@rigorousintuition>sunny</A> at: 1/1/06 8:36 am

by **chiggerbit** » Mon Jan 02, 2006 1:28 pm

So, what you're saying, gloworm, is that we have pissed off almost every oil and gas-producing country in the world except Saudi Arabia and Mexico. They get pissed of and turn away from our dollar to the Euro. And now we are pissing off Mexico with our anti-immigration talk. Things certainly aren't looking good for capitalism (sic) in South America. Take a look at the map here: <a href="http://news.bbc.co.uk/1/shared/spl/hi/guides/456900/456942/html/nn1page1.stm">news.bbc.co.uk/1/shared/s...1page1.stm</a>

by **chiggerbit** » Mon Jan 02, 2006 1:54 pm

<a href="http://cnews.canoe.ca/CNEWS/World/2006/01/01/1375488-ap.html">cnews.canoe.ca/CNEWS/Worl...88-ap.html</a> <blockquote>Quote:<hr>CARACAS, Venezuela (AP) - Thirty-two privately operated Venezuelan oilfields returned to state control Sunday with the start of the new year, the government said.....<hr></blockquote> Edited by: <A HREF=http://p216.ezboard.com/brigorousintuition.showUserPublicProfile?gid=chiggerbit@rigorousintuition>chiggerbit</A> at: 1/2/06 10:55 am

by **gloworm** » Tue Jan 03, 2006 5:56 pm

CHIGGERBIT-- Good job finding that early take on Venezuela's nationalizing petro industry. Here's my take (after some 3 hrs. just trying to find something on it in Lat. Am. News) it's just another dictatorial move. Where's it going/why?---dunno quite yet. However, THIS IS LAT. AM POLITICS. Their sentiments are anything but pro-USA. Very risky business to buy property there. A note on Exxon-Mobil having to un-contract a contract made with Venez. in1994 for 20 yrs. Translation from <a href="http://www.petroleumworld.com">www.petroleumworld.com >Venezuela</a> >Venezuela and no, the news in Spanish was not the same as front page in English. The 32 oil fields that were granted foreign lease in the 1990's are now under the majority control of PDVSA (Venez's Petro Co.) according to the New Organic Law of Hydrocarbons, 1 Jan 2006. Those who have signed the new contract “deemed harmful to Venezuela” that have been renewed and reshaped into joint ventures with Venezuela's state-run oil concern PDVSA.are: Eni Dación B.V, Total Oil and Gas, West Falcon Sansom, Chevron, BP, Shell, Corporación General de Combustible (CGC), Repsol YPF, China National Petroleum Corporation (CNPC), Hocol, Harvest Vinncler, Vinccler Oil & Gas, Inemaka, Suelopetrol, Open, Petrobras, Perenco, Tecnopetrol y Teikoku Oil. From the same site (in English) “The Venezuelan tax office has demanded three foreign oil companies -- France's Total, Spain's Repsol, and Japan's Teikoku -- pay 223 million dollars in back taxes related to their activities in the country....are pushing for back payments from five other foreign oil companies.....14 foreign oil companies had been asked to set aside 422 million dollars for back taxes. Now some news from IRAN in Spanish, 27 Dec. 2005: <a href="http://www.irna.ir/es/news/view/line-81/0512273350180703">www.irna.ir/es/news/view/line-81/0512273350180703</a> “Many countries have helped Venezuela progress, but Iran is at the head of our friends.....I will never tire of showing our gratitude to Iran.” Pres. Of Venez. Chavez said to Ahmad Sobhani, Iran's ambassador in Venez.... ~”During this 3rd Convention for both countries last week Iran and Venez. signed 21 agreements in diff. areas of which are included gas, petrochemicals, aluminum, brick and cement production with Iran capital.” SUNNY – Yes, well, those poor kurds, forever trying to get their own little country. Yes, divide and conquer, but I am not sure that this is another dot in the potential crises M3 and Iran's bourse creation for March 2006. Good job finding this stuff – keep us informed.! ISN SECURITY WATCH (Monday, 2 January: 23.05 CET) - The Turkish ambassador in Iraq, Unal Cevikoz, was wounded injured in Baghdad on Monday when his 3-car convoy was attacked by unidentified gunmen... http://www.isn.ethz.ch/news/sw/details.cfm?ID=14138 . Back to Chigger/Smoots - Lat. Am. Geopolitical makeover. Not really. I lived in one of those democratic dictatorships for ~15 yrs. teaching English. It is ALWAYS just more of the same boring lies to enrich those in power and confuse and abuse the rest of the country. I do think that this Hugo Chavez, Venez., seems to be a cohesive factor for whomever is elected. Besides a lot of blog grief they do some nice cartoons: <img src="http://www.noticierodigital.net/cari2006/0102_rayma.jpg" style="border:0;"/><img src="http://www.noticierodigital.net/cari2006//0102_zapata.jpg" style="border:0;"/> caption translation: “WIPE THAT HUNGER OFF YOUR FACE BECAUSE IF WHOEVER WEARS IT DIDN'T LIKE SEEING SKULLS IN 2005 JUST CONSIDER WHAT 2006 WILL BRING” http://www.noticierodigital.net/cari2006/0102_zapata.jpg Floyd – allow me to answer your ? With a ? What will U do when those who have not prepared for The Day of Our Lord knock at your door? PS -what is your address should I need a drink of water? noborder]http://www.noticierodigital.net/cari2006/0102_rayma.jpg[/img][/img]

by **Byrne** » Wed Jan 04, 2006 8:24 am

Thanks Gloworm for the link to the ‘Turkish ambassador shot in Baghdad’ story. The Turkish connection is interesting – I posted the full article from this link from Der Spiegel, a German magazine <a href="http://service.spiegel.de/cache/international/0,1518,392783,00.html" target="top">service.spiegel.de/cache/international/0,1518,392783,00.html</a> on another thread (Let's Stop a US/Israeli War on Iran – page 2) I’ll snip some quotes here<blockquote>Quote:<hr> THE US AND IRAN Is Washington Planning a Military Strike? The most talked about story is a Dec. 23 piece by the German news agency DDP from journalist and intelligence expert Udo Ulfkotte. The story has generated controversy not only because of its material, but also because of the reporter's past. Critics allege that Ulfkotte in his previous reporting got too close to sources at Germany's foreign intelligence agency, the BND. But Ulfkotte has himself noted that he has been under investigation by the government in the past (indeed, his home and offices have been searched multiple times) for allegations that he published state secrets -- a charge that he claims would underscore rather than undermine the veracity of his work.<hr></blockquote><blockquote>Quote:<hr>According to Ulfkotte's report, "western security sources" claim that during CIA Director Porter Goss' Dec. 12 visit to Ankara, he asked Turkish Prime Minister Recep Tayyip Erdogan to provide support for a possibile 2006 air strike against Iranian nuclear and military facilities. More specifically, Goss is said to have asked Turkey to provide unfettered exchange of intelligence that could help with a mission.<hr></blockquote><blockquote>Quote:<hr>In a report published on Wednesday, the Berlin daily Der Tagesspiegel also cited NATO intelligence sources claiming that Washington's western allies had been informed that the United States is currently investigating all possibilities of bringing the mullah-led regime into line, including military options. Of course, Bush has publicly stated for months that he would not take the possibility of a military strike off the table. What's new here, however, is that Washington appears to be dispatching high-level officials to prepare its allies for a possible attack rather than merely implying the possibility as it has repeatedly done during the past year.<hr></blockquote><blockquote>Quote:<hr>But the string of visits by high-profile US politicians to Turkey and surrounding reports are drawing new attention to the issue. In recent weeks, the number of American and NATO security officials heading to Ankara has increased dramatically. Within a matter of only days, the FBI chief, then the CIA chief and, most recently, NATO General Secretary Jaap De Hoop Scheffer visited the Turkish capital. During her visit to Europe earlier this month, US Secretary of State Condoleezza Rice also traveled to Turkey after a stopover in Berlin.<hr></blockquote><blockquote>Quote:<hr>The Turkish government has also repeatedly stated that it opposes military action against both Iran and Syria. The key political motivation here is that -- at least when it comes to the Kurdish question -- Turkey, Syria and Iran all agree on one thing: they are opposed to the creation of an independent Kurdistan in northern Iraq. But if the United States moves forward with an attack against Iran, Turkey will have no choice but to jump on board -- either as an active or passive partner.<hr></blockquote> Is there a connection between the recent flurry of talks & the incident with the ‘Turkish ambassador shot in Baghdad’ story? One to watch A good source for foreign news reviews is at <a href="http://turcopundit.blogspot.com/" target="top">turcopundit.blogspot.com/</a>

by **Trifecta** » Thu Jan 05, 2006 6:38 am

by Robert McHugh, December 23, 2005 ....M-3 has a direct but lagging impact on financial markets. Look at the chart at the top of the prior page. Whenever M-3 rises, the Dow Industrials rise. Whenever M-3 is flat or declines, the Dow Industrials decline. The Dow Industrials are a bellwether for the economy. If we can monitor M-3, we can better monitor the future path of equities and the economy. It is wrong for the Fed to stop its disclosure for this very reason. Investors need to know in a free market economy, because M-3 infusion is centrally planned intervention into a free market system. Investors need to know when the Master Planners have decided to intervene. Our buy/sell signals were designed to pick up the scent of Master Planner intervention by analyzing supply and demand forces underlying the markets. So with or without a fully disclosed M-3, we will be able to continue to identify coming multi-week trends. Should be a fascinating storm in 2006. <img src="http://www.safehaven.com/images/mchugh/4331.png" style="border:0;"/> snip: The M-3 fund will be used to massage the economy until after the 2006 elections. Bush is already being lined up to take the political heat for the later colllapse. The Iranians and their oil trading bourse will also be blamed. As will Bush's costly foreign war. In truth, the economic problems of the U.S. are much more directly the result of international capital's globalization project. And the spew of resignations among the members of the Feb Board over the last few years is not because, as McHugh speculates, they don't want to oversee bad economic planning. It's because they don't want to be around when the dollar hits the fan; the housing bubble pops; and the economy tanks. And with Alan Greenspan gone from the Fed, the new appointment of Ben Bernanke is akin to the appointment of Michael D. Brown to head FEMA. The Fed's 'Mr. Fall Guy' has been wheeled into place. Get ready for Financial Hurricane Katrina. http://wagnews.blogspot.com

by **wintler** » Thu Jan 05, 2006 8:51 am

M3 is where the US Fed Reserve invents money, it notes the value of creation of particular financial instruments used mostly by the Fed for v.big banks and traders. And what have they been doing with that money, apart from pumping up the property and share price bubbles (via easy credit for soon-to-be-serfs)? Why, hosing down the price of gold of course, how else has the US$ managed to avoid its date with the basement for so long? <a href="http://www.sprott.com/pdf/pressrelease/TheVisibleHand.pdf">www.sprott.com/pdf/pressr...leHand.pdf</a> Government Intervention in Stock Market Detailed by New Report, GATA Says by John Embry and Andrew Hepburn, Sprott Asset Management via GATA, YahooFinance (**Yahoo link now broken) A major Canadian financial management firm that a year ago published a compilation of evidence of central bank manipulation of the gold price has just done the same in regard to the U.S. stock market and has reached a similar conclusion. The new report is titled "Move Over, Adam Smith: The Visible Hand of Uncle Sam," and has been published by Sprott Asset Management of Toronto. It was written by the firm's president, John P. Embry, and his assistant, Andrew Hepburn, and concludes that the U.S. government has intervened to support the stock market so many times that "what apparently started as a stopgap measure may have morphed into a serious moral hazard situation, with market manipulation an endemic feature of the U.S. stock market." The Sprott report concludes: "We have not taken a position on the wisdom of intervention in this paper, largely because exceptional circumstances could argue for it. In many respects, for instance, the apparent rescue after the 1987 crash and the planned intervention in the wake of September 11 were very defensible. Administered in extremely small doses and with the most stringent safeguards and transparency, market stabilization could be justified. "But a policy enacted in secret and knowingly withheld from the body politic has created a huge disconnect between those knowledgeable about such activities and the majority of the public, who have no clue whatsoever. "There can be no doubt that the firms responsible for implementing government interventions enjoy an enviable position unavailable to other investors. Whether they have been indemnified against potential losses or simply made privy to non-public government policy, the major Wall Street firms evidently responsible for preventing plunges no longer must compete on anywhere near a level playing field. It is most unfair that the immensely powerful have been further ensconced in their perched positions and thus effectively insulated from the competitive market forces ostensibly present in our society. "In addition to creating a privileged class, the manipulation also has little democratic legitimacy in the sense that the citizenry has not given its consent. This has tangible ramifications. By not informing the public, successive U.S. administrations have employed a dangerous policy response that is subject to the worst possible abuse. In this regard, the line between national necessity and political expediency has no doubt been perilously blurred. "We can only urge people to see what the evidence indicates and debate what is and ought to be a very contentious matter. The time for such a public discussion is long overdue." The full 41pg .pdf report can be found here. GATA is the Gold Anti-Trust Commitee (6 September 2005)

MOTHER THREAD-watch: M3>Iran>Euro$>petro>WWIII

MOTHER THREAD-watch: M3>Iran>Euro$>petro>WWIII

Re: MOTHER THREAD-watch: M3>Iran>Euro$>petro>WWI

Father/Son Watch???

Saddam's mistake

FWIW

Re: Euro vs dollar

Re: Euro vs dollar

Re: Euro_dollar CHIGGER,SUNNY,SPARK,FLOYD&Lat.Am.cartoon

Xmas turkey

What's the Fed Up To With the Money Supply?

Sprotts the problem?

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