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Re: Oil in yeun?
[Re: Hydropillar]
#7530720
03/17/22 12:07 PM
03/17/22 12:07 PM
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Joined: Dec 2006
Posts: 63,277
Minnesota
330-Trapper
trapper
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trapper
Joined: Dec 2006
Posts: 63,277
Minnesota
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States and Saudis signed an agreement to sell oil in USD in exchange for protection by the US military.
They are likely moving to make a new agreement with China for protection after dopey Trump threatened to reneg on the agreement and also surrendered to the Taliban hanging the Afghan partners out to dry.
That and Trumps efforts to weaken the Nato alliance left the USA being seen as unreliable partners on the World stage.
Good thing you Americans got rid of him just in time.
Biden has done a fantastic job re inforcing the Nato alliance and repairing the damage done by the ham handed trump.Biden has been getting them to increase their defense spending and show solidarity in the face of communist agression.Quite the opposite of Trumps arse kissing of Putin and Kim. Wow I am Glad u live in canada !!! Here here!
NRA and NTA Life Member
www.BackroadsRevised@etsy.com
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Re: Oil in yeun?
[Re: Boco]
#7530721
03/17/22 12:08 PM
03/17/22 12:08 PM
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Joined: Mar 2007
Posts: 35,204
McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,204
McGrath, AK
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Aramco was American and Saudi.
Not sure if Aramco was nationalized later by SA,most likely. Saudi Aramco is a public company. Ticker is SAU on the Saudi exchange
Mean As Nails
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Re: Oil in yeun?
[Re: Dirty D]
#7530731
03/17/22 12:24 PM
03/17/22 12:24 PM
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Joined: May 2010
Posts: 10,524
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,524
MN
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[quote=Dirty D]For a currency to be the "world" currency it has to be accepted pretty much everywhere.
China is a long way from that.
It also has to have the backing of a stable and reliable state that has a rule of law.
Something we have been slipping on but china is a long way from right now.
Go around the world with a hand full of Yuan and Benjamin's and see which one is accepted more often than not.[/quoA
If China were to become the defacto world currency for trade they would back it by gold.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Oil in yeun?
[Re: white17]
#7530756
03/17/22 12:54 PM
03/17/22 12:54 PM
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Joined: Aug 2011
Posts: 45,589
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,589
james bay frontierOnt.
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Aramco was American and Saudi.
Not sure if Aramco was nationalized later by SA,most likely. Saudi Aramco is a public company. Ticker is SAU on the Saudi exchange Only a small percentage was put up for investors.5% It said on google. Only enough to pay for some overhead/operational expenses and apparently Salman wanted a new lavish palace.
Forget that fear of gravity-get a little savagery in your life.
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Re: Oil in yeun?
[Re: Steven 49er]
#7530849
03/17/22 03:02 PM
03/17/22 03:02 PM
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Joined: Jan 2008
Posts: 4,798
M.T.V. Alaska
yukonjeff
trapper
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trapper
Joined: Jan 2008
Posts: 4,798
M.T.V. Alaska
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[quote=yukonjeff]
Those investing in Crypto currency are investing in the crash of the US dollar.
/quote]
I disagree. I believe that they/ we are investing in crypto, and monetary metals for that matter, to protect ourselves from the dangers of fiat currency and central bank oligarchy. It's an evil and devious system.
I can agree with that but the end goal is the same, to replace the dollar and all other currency in the world for that matter.
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Re: Oil in yeun?
[Re: jeff karsten]
#7531744
03/18/22 02:36 PM
03/18/22 02:36 PM
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Joined: Mar 2010
Posts: 2,961
South Dakota
Hydropillar
trapper
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trapper
Joined: Mar 2010
Posts: 2,961
South Dakota
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BOCO nice try but Coonman gets more replies then you do  thats cause hes a lot smarter....
Last edited by Hydropillar; 03/18/22 02:36 PM.
The only place you find free cheese is in a mousetrap !
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