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  • Tehran dumps dollar for euro

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    Martin Morris
    Arabian Business News
    September 28, 2009

    Iran’s President Mahmoud Ahmadinejad has ordered the replacement of the US dollar by the euro in calculating the value of the country’s Oil Stabilisation Fund (OSF).

    • A d v e r t i s e m e n t
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    The edict, issued on Sept 12, follows a recommendation by the trustees of the country’s foreign reserves, Iran’s English-language daily The Tehran Times said on Monday, citing Iran’s semi-official Mehr News Agency.

    The move was taken because the government wishes to protect itself from the fragility of the US economy and the weak dollar.

    The OSF, which forms part of Iran’s foreign exchange reserves, is a contingency fund set aside to cushion the economy against fluctuating international oil prices.

    It is also used to help both the public and private sectors with their hard currency needs by extending loans.

    Press TV meanwhile reported that following the switch the interest rate for facilities provided from the foreign exchange reserves is to be cut to 5 percent from 12 percent.

    Since its introduction in 1999 by the EU the euro has gained popularity internationally and there are now more euros in circulation than the dollar.

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    Be prepared

    Comment Rules

    168 Responses to “Tehran dumps dollar for euro”

    1. buy gold Says:

      buy gold

      InvestigatEverything Reply:

      Dollar collapse is coming. Click on my name for my latest vid on the collapse of the dollar.

      SaveYourMoney! Reply:

      This vid explains why debt settlement is a bad idea and gives a link to a debt cancellation company, to completely cancel debts and keep your money:

      http://www.saynotodebt.us

      SaveYourMoney! Reply:

      http://www.youtube.com/watch?v=SuTGfzskwFI

      MAD DOG Reply:

      Tehran dumps dollar for euro

      TRANSLATION

      ATTACK IS IMMANENT

      Pug Reply:

      Yep…same thing happened to Iraq. More war is coming people…it has always been the governments “easy out” when it came to the economy.
      WAR = PROFIT

      So, you can start betting your coworkers that we will start some stuff with Iran.

      Shithitsfan Reply:

      that’s just great. it’s all just coming together isn’t it? Swine flu pandemic, poisoned vaccinations, dollar collapse, emergence of the N.A.U., warwith Iran (war on terror or should I say *WWIII*), martial law, RFID chips, Codex Alimentarius, the Amero, FEMA camps, food shortages, etc. Better stock up on food and water. And don’t forget to buy water purifiers, face masks to protect you, and nano silver solutions…plus lots of vitamins before Codex Alimentarius goes into global implementation on Dec. 31st, 2009. Might want to buy some guns and ammunition as well. Let’s not go out without a fight.

      EU-Lex Reply:

      That means WAR for 100%. Just look at Saddam what he did….yeah something like that. And that was an agreement, but Saddam thought he won’t be conned. The same may apply in this case.

      bob Reply:

      good point i believe the US attacked 2 months after Saddam switched to the euro.

      Yikes Reply:

      EU, I was going to make that point! I’m glad to sse someon on the ball around here. Looks, like the Iran attack thing is going to be true afterall. Wow!

      max Reply:

      I “third” that motion. 4 “powers vieing for wat with Iran-

      1) “you-den” IAPAC lobby (in at least semi control of US foriegn policy)

      2) oil lobby

      3) new-con imperial america agenda

      4) MIC, militarial industry complex

      Realistic Reply:

      Agreed, war is imminent just as what happened to Iraq. But fortunately, this time around, the scenario and ball game in Iran has changed dramatically. Click below and find out.

      http://www.lizmichael.com/vaporize.htm

      ®¤ D~ÅяT Reply:

      ITS LIKE A PLAY BY PLAY BOOK OF HISTORY REPEATING ITSELF. JUST REPLACE THE “Q” IN IRAQ TO “N” FOR IRAN, AND THE NEXT THING U KNOW WE ARE GOING TO ELECT A PRESIDENT WITH A MIDDLE NAME OF “AHMADINEJAD” INSTEAD OF “HUSSEIN”.

      NEPHILIM COMING!!!! Reply:

      All the major wars since the great flood have been fabricated by the evil spawn of the nephilim for there intertainment, our children die and they laugh at us ,there coming folks and they aint little green men

      Realistic Reply:

      To understand what Nephilim is saying all this while, you need to read ‘ Alien Visitation and Genetic mutation’ by Michael Tsarion.

      ryemahall Reply:

      InvestigatEverything,

      Good stuff, but the thing is RonPaul whether you know it or not, in all his goodness is still beholden to some bigtime libertarian money. They don’t have the guts, intellect or intention of saving the republic. One man at this moment in history has the authority and vigor to do it, LYNDON LAROUCHE. Get with him, C4L has nothing on him intellectually and practically speaking. As you know, time is running very thin

      http://larouchepac.com/

      Yikes Reply:

      Rye, Larouche is a NWO hack.

      MORON!

      dopamine Reply:

      larouche is handing out answers to the most pressing problems,

      what problems have you helped to solve?

      he reminds me of mother abigail in the stand,
      may god not take him from us when we need his knowledge now more then ever,

      only thing i don’t like is his stance on vaccination,
      no matter what anyone says, no injecting poisons into your body for no reason,
      bad enough all the genetically modified poison we feed our families already.

      mercyflush Reply:

      Authority and Vigor? Larouche was stir fried 30 years ago and has only gotten worse. STOP HALLUCINATING.

      midwestherbalist Reply:

      The crash is comin’ folks.
      Engineered that way.

      Get as sustainable as you can now.
      Learn now ’cause when TSHTF it is too late to learn or make plans.

      dopamine Reply:

      thank you for the awesome link!

      Ron Paul told the truth Reply:

      goodnewsboutgod.com against the new world order

      drtenpenny.com

      henrymakow.com

      wake up END THE FED book by RON PAUL

      This is great. Reply:

      We are being dupt again. Iraq wanted Euro’s insted of dollars and Bush screamed that they had nukes. Iran wants Euro’s insted of dallors and now Obama is screaming they have nukes. How can we be so stupid?

      Ten Megaton Reply:

      Keep talking you POTUS de Dunce. You will have everything totally fucked up.

      bangsat Reply:

      and food…..and some sort of breathing apparatus

      Unconquered Reply:

      In response to Buy Gold (waaaay up at the top) Even gold is manipulated. Look up the Gold Anti-Trust Action Committee (GATA)
      http://www.gata.org/

      Also if gold is at $1K/oz. who’s going to be able to make change for a roll of toilet paper? Stock up on things you can buy now rather than messing with gold later. Think about barter items. Beans, band aids a bullets.

      This is unfolding like the attack on Iraq. Unfreaking believable.

      Matt Reply:

      Lets kick some IRAN ass. YEA YEEEEAAAA! Death before dishonor. Lets get these terror hounds and show them what the USA can do. We will put a boot in your ass! Lets ban together and beat them nuke seeking bastards.

      tasteslikechicken Reply:

      go get a job with blackwater you stupid warmonger

      stujag Reply:

      Matt you must be 15yrs old , your missing the whole point ! go back to sleep

      Detroit Reply:

      I support a full invasion of Iran by Israel to wipe out every nuclear installation and tyrant in Iran!!! It’s going to happen, and there’s nothing any anti-semetic can do about it. Let the crying begin!!!!!!!!!!!!!!11111

      Don't bomb Iran Reply:

      Semitic is a race.
      Arabs are Semitic.
      A Jew can be a Semite, if they are arab.
      A muslim can be Semitic if they are arab. Get it?

      Semitic is a race, not a religion.

      The majority of Israelis are semitic. That means they are ARAB!

      Israel is an arab nation filled to the brim with Semites because Semites are ARAB. Not what we all see in the west, white guys who are Aryan. That is a ploy to get our sympathy and our money and our weapons they sell to our enemies.

      Once again SEMITE IS A RACE! SEMITE IS NOT A RELIGION!

      And this will blow your mind! Iranian,s from the north, are Persian. They are the feed stock of the European, Aryan race. Persians are the genetic ancestors of Europe and Northern India.

      Now in the South of Iran the Semites live, they are Arab.

      People once knew this, go find some old history books, they will explain it all.

      Detroit Reply:

      Semantics……. Yaaaawn

      Charm Reply:

      Wasn’t Jesus Semitic? And didn’t he speak Aramaric? Who speaks this now? I know this is risky to say but don’t Christians worship the son of God who was an Arab? And if I’m white (US American) wouldn’t that make me a descendant of Persians? See in America, we like to call ourselves this big multi diverse nation but it seems to me many other countries have diverse populations, too. If America is 86 one and 14 percent, other that is not diverse. Am I wrong?

      Lolopakalolo Reply:

      collect debt
      put off paying as long as you can

      reaperoftruth Reply:

      this is just another sign to get on the right path, and find Jesus and except him as savior. the world is rapidly coming to the end of this chapter, and getting ready for the next. but, that is where you do not want to be. keep your eyes open and your head up. this is what is written and should not be feared, as long as you know in your heart where you will be.

    2. Gregg Adams Says:

      Looks like they are right for regime change now

      menu Reply:

      This is the perfect settup for that, for zion and the USA to attack. The question is who is the stooge(for the NWO) that convided the Iranian leaders to drop the dollar?

      menu Reply:

      Yet another reson for war with iran. Look what their ally is doing.

      http://www.france24.com/en/200.....bya-france

      breakingnews.ie/world/gaddafi-and-chavez-call-for-inter… breakingnews.ie/world/gaddafi-and-chavez-call-for-intercontinental-alliance-427968.html

      MAD DOG Reply:

      WELL, I’M NOT GOING THERE TO FIGHT

      CANT HAVE A WAR IF NO-ONE SHOWS.

      nowars Reply:

      Right on. Let make that our modis operadi from now on.

    3. SkunkApe Says:

      Wasn’t this Saddam’s WMD? It won’t be long before we start killing their women and children.

      The Rock Reply:

      yes that was saddam’s undoing.
      he rejected the dollar and look what happened to him…

      Don't bomb Iran Reply:

      Don’t forget Saddam tried to car bomb G W’s daddy 41 for giving Saddam the green light to attach in order to return the branch to the tree, and then turning on him with Desert Storm I.

      Reagan was my hero for bombing the mad dog from Northern Africa and not killing innocents in a war. Saddam tried to do the same. And then had the audacity to try to kick the dollar to the curb. Imagine if the rich didn’t use the average, naive kid (soldier) as his pawn and dealt with each other mano y mano. Instead we have a long drawn out war, a 100 year war.

      Believe me, I fear when dollars are not backed by oil.

    4. sammy g Says:

      buy silver at least

      Geoff Reply:

      I’ve had more return in silver than gold. Not say I’ve had no return on gold . At least with silver you can purify water and make collodial silver with nothing more that a 9v battery ,some wire and some alligator clips. LONG LIVE THE REPUBLIC!

      how to? Reply:

      explain this concept so we can do it if need to

      Ron Paul told the truth Reply:

      I have six hundred ounces

    5. What Next? Says:

      First nail in the coffin!

      spud Reply:

      I’m sorry to say ,,, Iran is now toast for sure

      Lolopakalolo Reply:

      never underestimate Iran

    6. Kirk Patrick Says:

      No wonder Obama is preparing the US to attack Iran. Same reason we attacked Iraq. No free oil for paper? Maybe we’ll just happen to find a few WMDs over there….

      nader paul kucinich gravel Reply:

      The USD is Bankrupt

      MSM ordered to censor G20.
      8 more years just like the last 8?
      Gates speaks as if he is a Cheney Clone.
      Judeofascists loved promoting their “Islamofascism” propaganda.
      Carrots(bribery) Sticks(murder) Coercive Diplomacy(extortion & blackmail).

      Did you see all the same bloodthirsty AIPAC-paid recycled neocon shills on TV selling more war for profit?

      Watch as they pretend to know nothing of the mounting 9/11 evidence, whistleblowers, & leaks that point to them

    7. waLDO Says:

      HMMMM THE VERY SAME THING THAT GOT SADAM KICKED OFF HIS THRONE

    8. say YES to the Constitution Says:

      this is exactly what saddam tried to do!!!!!!!

      GOD help the innocent IRANIAN people….

      Ron Paul told the truth Reply:

      IRAN is not a whimp country

      if anyone attacks them IT WILL BE WORLD WAR THREE

      and all HELL WILL BREAK LOOSE

      bob Reply:

      true but they aren’t in a good predicament. Do you think Russia & China would come & defend them? I honestly think the Us would lose such a war just because Iran has the largest paramilitary in the world & their technology is better. Iran is much larger & more populous making it difficult to occupy. It would probably mean a new draft and total bankruptcy here in the states. NWO trying to get rid of states that don’t onliige to their views of the “international community”.

      DemolitionMan Reply:

      The very moment US attacks Iran, huge insurgence woud start in Afghanistan and Iraq, Hezbolah would attack Israel from the north while Hamas would attack from south.

      And that proverbial feces would hit the fan…

      Ron Paul for truth Reply:

      if war starts in the middle east

      THE MILITIA in the USA better take over the patrol and the border protection

      because the people WILL NEED TO TAKE BACK A COUNTRY

      if we are to have ANYWHERE TO LIVE THATS FREE

      Voice of the Republic Reply:

      You know, I find it passing strange (read: “planned in advance”) that the NWO wins, no matter WHICH nation triumphs on the battlefield.

      Please follow…

      The EU and it’s currency, the EURO, is the “example” of “Regional Government” and the “operating fiat currency” of the NWO, at present. Admittedly, the fiat currency of the world MIGHT become the “Tero” at some time in the future, but right now, the EURO is the world’s most stable fiat currency.

      A more appropriate description might be, a “target country” switches to the paper EURO fiat currency in a vain attempt to stabilize their own financial future, then a war is started to reduce that country to peonage to the NWO and the EURO. If the “Mad Mullahs” in Tehran were REALLY smart, they would create their own GOLD and SILVER Coin money! :(

      bob Reply:

      That’s true. There’s 1 problem. 1 it would piss off the entire West off which might provoke an invasion (which you may argue may be unavoidable). Iknow th Euro is the most stable currency but if the dollar fails I think most of the world’s currencies would fail simply because so much trade is don in dollars. Just a theory.

      Atheist, Muslim, Jew, Hindu, Buddist, Sikh, Zorastrian, Indian, Aboriginee... Reply:

      Check: The ISLAMIC GOLD DINAR – Tehran would probably prefer the PERSAR though!
      http://en.wikipedia.org/wiki/Islamic_gold_dinar

    9. txgirl Says:

      buy gold and silver, then buy more next paycheck, and so on. Also, buy some brass, then buy more next paycheck, and be sure you can ‘launch’ it.

      zeebob Reply:

      Precious metals=brass and lead! Got mine when 22LR was $9.00 for 550 rnds. It’s more than double now if you can find it.

    10. Gerri Says:

      Here we go again, war with Iran is next, that’s what Iraq did and then they claimed he had WMD’s…

    11. Professor of Truth UK Says:

      Well its nothing new, They’ve been reducing their dollar holdings for years. When China drop the dollar then I’d run for the hills.

      tky4ever Reply:

      I’d start running already, this for sure will mean a bio-nuke attack on U.S. If Iran knows they are going down I’m sure they’ll try and strike first.

    12. infinitelove h2o Says:

      When you see a dollar on the ground, be sure to pick it. You might find something valuable under it.

    13. Jim Says:

      Now you know war with Iran is coming.

    14. aLEXjONES Says:

      Well this is the beginning of the END!

    15. gadsden Says:

      ALEX,

      much respect for you. ive only been awake to this for a year and i cant take it anymore, im at the end of my rope. im amazed at the fact you have dont this for 10 plus years and havent went mad.
      i dunno whats going to happen but its not going to happend the way the nwo or the ppl hope for.

    16. gadsden Says:

      i wish the trooops would just refuse to go over there

      born in 1984 Reply:

      Exactly!

      But there are too many ‘financially’ & ‘informationally’ poor sheep with not a lot of life options open to them who think that it’s opportunity.

      By design.

    17. time Says:

      10% of people is all we need , make sure you have 10% of your friends awake and aware of the 2nd amendment . thats 3million people

      MAD DOG Reply:

      GEEEZE ..

      YOU DUMMY, THAT’S 1%

      30 MILLION IS 10%

      MAN, IF ALL PATRIOTS ARE AS SMART AS YOU, WE’RE FKED,

      DemolitionMan Reply:

      LOL :) Never mind, he ‘ll get himself a calculator, important thing he is willing to participate.

    18. Ron Paul told the truth Says:

      THIS IS EXACTLY what IRAQ did they went off the dollar

      and america attacked them

      there will be war in iran sooner or later

      THE DOLLAR IS DEAD because of the lying federal reserve

      wake up

      END THE FED book by ron paul

      EVERY HIGHSCHOOL STUDENT should be given a copy OF END THE FED

      and the constitution and the BILL OF RIGHTS

      wake up war IS COMING

    19. Ron Paul told the truth Says:

      The baby Jesus worshiped by the Magi
      Matthew 2:11: “On coming to the house, they saw the child with his mother Mary, and they bowed down and worshiped him.”

      Along with being led to the site where Jesus was born, these Magi were apparently informed by God about Jesus’ divine identity, and so they responded appropriately by worshiping Him.

      Jesus accepted worship from His disciples
      Matthew 14:32-33: “And when they climbed into the boat, the wind died down. Then those who were in the boat worshiped him, saying, ‘Truly you are the Son of God.’”

      In a Jewish culture, only the one true God can be worshiped; their actions show that they acknowledged Jesus as being divine. And Jesus didn’t correct them or say, “Don’t you realize that I’m just a mortal prophet? Stop worshiping me!” Rather, He accepted their worship, knowing He really was God in human flesh.

      Jesus’ claim about Himself
      John 8:58-59: “‘I tell you the truth,’ Jesus answered, ‘before Abraham was born, I am!’ At this, they picked up stones to stone him, but Jesus hid himself, slipping away from the temple grounds.”

      This is a powerful double claim from Jesus: first, that He pre-existed His human birth and was actually alive and present (as God) before Abraham; second, that His title was “I am” — which was the same title used for Jehovah God in Exodus 3:14. His listeners again got the point, and picked up stones to execute Him!

      Another of Jesus’ claims of deity
      John 10:30-33: “‘I and the Father are one.’ Again the Jews picked up stones to stone him, but Jesus said to them, ‘I have shown you many great miracles from the Father. For which of these do you stone me?’ ‘We are not stoning you for any of these,’ replied the Jews, ‘but for blasphemy, because you, a mere man, claim to be God.’”

      It couldn’t be clearer than it is here: Jesus’ highly educated listeners understood His claim of deity. They only had two possible responses: to humble themselves and bow before Him as the Magi and the disciples had done earlier, or reject His claim and judge Him as a blasphemer. Unfortunately they chose the latter option. But notice that Jesus doesn’t argue with their accusation, because it was accurate. He really was claiming to be God!

      Thomas’ response to the resurrected Jesus
      John 20:27-29: “Then He said to Thomas, ‘Put your finger here; see my hands. Reach out your hand and put it into my side. Stop doubting and believe.’ Thomas said to him, ‘My Lord and my God!’ Then Jesus told him, ‘Because you have seen me, you have believed; blessed are those who have not seen and yet have believed.’”

      This disciple realized, because of Jesus’ resurrection, who Jesus really was — and humbly worshiped Him and declared His true identity: “My Lord and my God!” Jesus not only accepts this declaration, but blesses all of the disciples — and all of us today — who come to the same realization and place of humble worship.

      Kohitur Reply:

      You are a Liar as Saul of Tarsus was

      There is not a single verse in the Concocted Bible which can be attributed to saying of Jesus, where he says openly, “I am god, worship me”.

      Jesus said, “think not I have brought a new Law, Nay, I myself follow the Law of Moses”.

      Law of Moses, “There is only one God, He Begets not, nor is He Begotten”.

      Read Gospel of Barnabas, which Barnabas wrote as Jesus spoke. There is absolutely no mention of Jesus being Divine, but a Messenger of God and a Messiah.

      Happy reading, and wake up from your mythical fairy tales and search for Historical Jesus.

      MAD DOG Reply:

      YEP, A MAN, NOTHING MORE.

      GONNA BE A LOT OF PISSED OFF BIBLE THUMPERS WHEN JESUS DOESNT SHOW, CUZ HE’S DEAD.

      HIghlanderess Reply:

      Bullshit.

      Ron Paul for truth Reply:

      HE IS GOD HE IS NOT A MAN LIKE YOU THAT LIES

      JESUS IS ALIVE and HE IS GOD

      and HE WILL COME BACK and YOU CAN THINK WHATEVER THE FUCK YOU WANT

      why dont you think that gravity is just a made up law

      and jump off a fucking cliff YOU selfrighteous arrogant FUCKING RUDE

      prick

      hipo Reply:

      Why can`t J C do what he wants I mean thats what we are asking for ourselves.

      God Reply:

      “jump off a fucking cliff YOU selfrighteous arrogant FUCKING RUDE

      prick”

      You show very poor Christian values. “Self-righteous”, “Arrogant”, “Fucking Rude”

      Are you talking about yourself..?

      Voice of the Republic Reply:

      Highlanderess, though a bit inelegantly phrased, I agree with you, in principle!

      Not only is Jesus ALIVE, but He is coming back…and, BOY, is He ever hacked off! MAD DOG, I know you will NOT believe this, but Christ STILL lives, and this FACT is SCIENTIFICALLY provable, through the science of “stylometry”, which was discovered in 1851, but could not be routinely used until the development of modern computer technology. :)

      Ron Paul for truth Reply:

      JEsus is god

      your a fucking asshole

      have A NICE FUCKING DAY JESUS SAID HE WAS GOD

      over and over and over again

      AND IF YOU WOULD READ THE WORD and not some catholic bullshit lie

      you would know the truth

      YOU actually CAN KNOW THAT YOUR SAVED

      have a nice bullshit life

      YOUR THE FUCKING LIAR

      tky4ever Reply:

      RPFT, sort of understand your anger but it really trashes your witness for Christ. You know we will have to give an account of every word that comes off our lips. Don’t let the unbelievers get to ya. God’s word says that if they don’t hear what you say then they are of the anti-Christ and God has nothing in them. They will end up serving the NWO in the end, or just plain die without any hope!

      God Reply:

      If you’re the kind of guy that’s following My commandments then I’m gettin’ out the business!

      Think I’ll retire to Florida…

      Ron Paul for truth Reply:

      to bad your to stupid to know that JESUS admits to

      thomas THAT HE IS THE LIVING GOD

      your a idiot

      God Reply:

      Who’s this Jesus fellow..?

      Lucifer Reply:

      Apparently some guy that thinks he’s your son.

      Lolopakalolo Reply:

      i saw him
      he was working at Dollar General

      Garp Reply:

      “Your a idiot” lol

      remnantofgod.org Reply:

      well done friend

      remnantofgod.org Reply:

      (to Ron Paul told the truth )

    20. Jeff Says:

      “WakeUp” http://www.archive.org/details/WakeUp_542

    21. dWaRf mApLe Says:

      http://911essentials.com says we wish we could dump the dollar too.

      The Federal Reserve can go to hell.

      When they get there I’m sure they will be greeted as heroes.

    22. negativnein Says:

      the real reason they’re planning to attack iran

      http://www.projectcensored.org.....n-of-iraq/

    23. Screenarts Says:

      “Iran’s President Mahmoud Ahmadinejad has ordered the replacement of the US dollar by the euro in calculating the value of the country’s Oil Stabilisation Fund (OSF)”.

      Read it again guys , they did not replace the dollar with the euro to buy their oil. They just will value their extra cash in euros…. They are still taking the paper from us or you would be right we would have already taken them out.

      Yikes Reply:

      It is a first step though. Testing the waters, then…BAM! dropped and kicked to the curb. Either way, it will come, both dollar and war.

    24. enemyartistkristofeR Says:

      Aside from the Racist ZIONIST regime in Israel and the USA – this is the reason we are going to (let) Israel attack Iran. Oh Boy – WWIII is near people.

    25. TheDollarIsDead Says:

      The dollar is finished. Iran along with China, Russia, Japan, India and the rest of the world, don’t give a FCUK about it anymore. Get used to it. An attack on Iran will be the final nail in the US coffin. Currently under martial law. Most Americans will be watching it from FEMA Camps nursing the effects of the vaccine.

      Long live the NWO. Long live INGSOC.

      Answers Reply:

      What words can be spelled with INGSOC? and you will have your answer. You do the work, I already did and I have the key to future events.

      Good luck everyone.

    26. mwcdx Says:

      It is an act of war when a country refuses to trade oil with US currency. Sadam did it in Iraq and we went to war based on lies to the UN. Now they are pulling the same scam with Iran.

    27. el nino Says:

      ouch. that will hurt. everyone, americans and iranians alike.

    28. ARBuilder1776 Says:

      Israel will attack soon. Probably as a diversion for the banks reporting their real debt. Like 9/11 and the 2+ trillion missing from the Pentagon.

    29. stewie Says:

      No need to buy gold. Buy euro’s instead. At least that way you will have hard currency when the collapse of dollar is complete.

      V for VICTORY Reply:

      As a patriotic European this is GREAT NEWS! Unfortuneately I’M NOT A EUROPEAN, I’m BRITISH! £ is pretty much equal to Euro now – just like the Euroheadz want it. Probably want it lower for a while to give Brits the shits, then raise it again (a little) to tempt us to join while it’s higher…?! Probably keep playing this trick…

      Answers Reply:

      Kind’a like tea bagging, eh limy?

      Sorry, it was a good humor jab at my Brit ally all the way from the States.

      Take care V

      Voice of the Republic Reply:

      Stewie: the EURO is NOT “hard currency” – it is a “debt based” fiat currency with ABSOLUTELY NO “precious metal” backing, just like the US dollar has become! It’s only “advantage”, vis-a-vis the dollar, is that it is “newer” and has not yet had time to devalue as much… :(

      stewie Reply:

      Hay Voice;
      You bring up a good point, but trust me, I get the whole debt based currency thing. I was simply using the term “hard currency” for purposes of expediency. The point I was trying to make is that once the dollar has collapsed completely, the only standing currency of any significance will be the euro. It is rapidly becoming the new standard.

      PrivateSi Reply:

      Officially the gold standard has been dropped but individual central banks hold gold reserves. It is EXTREMELY difficult finding out how much gold a central bank has in comparison to it’s cash holdings. Even rough figures.

      Perhaps the (proposed) Islamic Gold-Dinar will now emerge as the main OIL TRADE CURRENCY!?

      I’m not a fan of a gold backed currency but do believe currencies should be ‘harder’. I’d prefer a RANGE of precious metals & gems be used as ‘hard’ backing for paper money. This means:

      a) price variatians are spread (but not based on stock-market gambling)
      b) More of the individual precious commodoties to SELL
      c) Gold price need not be ramped up to match current circulation (ie. gold@ $100,000/oz)
      d) The gold buying frenzy as each currency tries to harden would CAUSE WARS!!

      +++ many other problems

    30. mMm503 Says:

      A little bit of odd news to add to this article, for the past week or so there has been Euros popping up around my house…I live with 4 other RM’s so Im not sure where their coming from. Just found it coincidental.

    31. Trust Me Says:

      Obama won’t let you down. He said he will end the war in Iraq, and Iran, and bring troops

      back home. Although he broke his promises, still, there is a some hope of his people.

    32. Checkmate Says:

      This is bad!
      This is a reflection of so many things.

      This is so bad.

      Not trading oil in us dollars is one thing, but this is quite a statement!
      Not trading in US dollars was one of the last things Iraq did before Papa Bush went in.

      This is going to stir up many things, most importantly, the world economy.

      Slipnot Reply:

      Replace that will “Calculating” as the quote states. Trading? no, Calculating? Yes.

      slow down dude

      PrivateSi Reply:

      It’s still a brave move. Iran doesn’t have much (non-violent) leverage against the THREAT OF SANCTIONS so threatening to swap oil trades to the Euro is about all it can do. I’d say it’s about 40% bluff, 60% intention but WHO KNOWS, could be a COMPLETE BLUFF – US will be BANKRUPTED if it goes to war with Iran – as will Iran though!?

      Checkmate Reply:

      C’mon,

      Do you remember this

      http://en.wikipedia.org/wiki/Iranian_oil_bourse

      No one puts a condom on unless they are going to do it.
      I believe it is like Saying to the US, “Your money is not accepted here anymore”
      And this can cause a chain reaction through other nations.

      I’m going to go home now and “Calculate my savings in Yen”

      Give me a break

    33. EuroKing Says:

      they will choke on it , when Euro first came out it was 15 % supported by Gold but now it is about 3 %
      Soon it will be totally worthless

    34. EuroKing Says:

      Euro is just an overpriced garbage that is all

      PrivateSi Reply:

      If OPEC make the Euro the main oil trading currency IT WILL NOT BE SO OVER-PRICED.

    35. Ministry of Si Says:

      More euros that are also WORTH MORE than the $$$. Many thought this would have happened a while back if Iraq had switched when they wanted to (after 9/11)… We saw what happened last time. This move does not bode well for Iran. Certainly BRAVE!

    36. War Wagon Says:

      I would like to take this time and say that if all the farmers out there knew that the bank that they had there operating loan with never had anything to loan out in the first place and the farmer actually financed himself through his own assets via his signature, do you think this scam would go on any longer?? NO, it would not, because why would anyone place a dog-shit in a suit jacket-(loan officer) in charge of there complete farming operation over nothing.

    37. MEF Says:

      One: You might want to take your cash out of whatever “Big Nasty Bank” you may have it in (Bank of America, Citi, Wells Fargo, SunTrust).
      Two: Find a small, local/community bank or credit union (check it out at http://www.bankrate.com) and put the money into it—whatever type of account you feel safe with.
      Three: Buy silver and gold specie (coins) minted before 1900, just in case “Oboomba” decides to write an Executive Order to confiscate gold, as FDR did in 1933 (although the compliant Congress passed the requisite laws to “legitimize” the Order shortly after). Put it under lock and key in a secure place where YOU can get at it.
      Four: Have enough cash/food/water/warm clothes/paper products, on hand for at least 2 months, in case Martial Law or some National Emergency is declared.
      Five: Know where your children are at all times. Know who their friends are.
      Six: Have a plan to get your family all in the same place if there is a real emergency.
      Seven: Have a copy of the Constitution and the Bill of Rights ready at hand.
      Eight: Know who your REAL friends are.
      Nine: Know who YOU are and what you’ll stand up for when TSHTF.
      These are common-sense things, nothing fancy from a paid “person” of the “financial complex”. Knowledge is power. Deciding and acting from knowledge is empowering.
      God Bless America.

      Slipnot Reply:

      Ha hahahahaha,

      they can have my 250.01, it’s the most I have in my account at any given time.

      ah hahahahahahahahaha.

      It will be worthless with the shiznit hits the fan anyway.

    38. One Angry Brother Says:

      I wrote an article after we attacked Iraq and gave the real reason why we went after Saddam. Saddam exchange all of his US currenct into Euros and stopped accepting dollars for his oil. We attacked the same month. First thing we did was loot their treasury and exchange the euros back to dollars. I also wrote about the Iranian Oil Bourse around that same time. This attack has been in the works since 2006 when they first announced it. Doesn’t surprise me not one bit.

      HIghlanderess Reply:

      Are you serious? OMG, I never heard of that theory but it makes perfect sense. I feel sick.

      rff Reply:

      Both are a white satanic control currency!!! Why do you think that they created the Euro ten years ago!!

      Highlanderess Reply:

      rff and your many other names; Do you think you can give us a hint as to when you’re going to shut the hell up!

      Neptune Reply:

      Buzz off rff.

      PrivateSi Reply:

      Well, it was all over MSM (financial) news at the time. Even the FT was predicting a complete collapse of the $ if all the oil cartels (mainly OPEC) followed Iraq’s lead. It was of course only 1 of many reasons for the ILLEGAL invasion Iraq but economically speaking perhaps the most important.

    39. DemolitionMan Says:

      fuck off …

    40. DemolitionMan Says:

      Euro is dead too.

      Soon, it will be replaced by something else, and that is going to be the biggest ripp off of all times.

      Dollar worthles, Euro worthless …

      And they will invent some global GLOBO or whatever stupid thing and “create” exchange rate for that shit.

    41. Mr AJ Says:

      Not that I agree with Iran, however, good for them for dumping the dollar for Euro’s. Now this is not good for the U.S. mind you. Nonetheless, it is good to see someone standing up to this tyrannical government here in the United States of America!

    42. Lost Patriot Says:

      The Federal Reserve has ruined the dollar both in value and respect or trust. The treasury department is artificially controlling the vaule of the dollar and accuses China of doing the same. Of course, if Iran is smart they’ll dump the dollar and go to the Euro. The dollar may be finished as the “world” currency. The USA had its chance and blew it.

    43. War Wagon Says:

      There is nothing worse than cops and bankers on this planet, the problem be that these two items couldn’t be good even if they had to………………..

    44. Nance Says:

      Gerald Celente was talking about this very thing the other day. The ELITIST Government and their cronies are such MONEY JUNKIES they will do whatever it is they have to to keep their lifestyles in check. War is on their agenda, and there is NOTHING any of us can do but pray. As the person above mentioned, I don’t see how Alex Jones can keep going with the entire country falling apart. I can’t IMAGINE doing what he does for a living. And as for you Mad Dog-what will you tell God when you go before Him one day? “Oh God,I was just kidding.” He knows your heart.

      Ron Paul for truth Reply:

      mad dog and others like him are self condemned

      THEY DESERVE EVERYTHING that is going to happen to them

      THEY ARE THE ONES that sit around telling others that freedom is important

      but YOUR NOT FUCKING FREE to be a bible believing christian

      FUNNY HOW THESE FUCKING ASSHOLES DONT CALL UP ALEX

      and TELL HIM that the bible is a bunch of bullshit

      funny how the cowards DONT CALL UP the show

      and say YOUR BIBLE IS A FAIRY TALE

      JESUS IS GOD HE DIED we WIN

      Atheist, Muslim, Jew, Hindu, Buddist, Sikh, Zorastrian, Indian, Aboriginee... Reply:

      YOU can believe what YOU LIKE & SO CAN WE.
      Only ISLAM come close to CHRISTIANITY in terms of AGRESSIVE PREACHING.

    45. Neptune Says:

      This gets very tiring all the time even though I believe in God. Just soooooo long.

      hipo Reply:

      Endure ol buddy if you can endure then time will “end ur missgivings” (who said pathetic come
      on then let`s hear you pun).

    46. MicrophoneOn123 Says:

      I heard Saddam Hussein was preparing to do the same thing in Iraq and then the US invaded where Iraq clearly had nothing to do with 9/11 and the WMDs gig was a weak attempt at fabricating a reason. Is the same thing happening now in Iran? Is it all about the threat to the US dollar if oil countries change to Euro? Anyone know the story here?

    47. jarhead Says:

      And without a doubt, the attack is now on. Untying the dollar from oil sales is what Saddam did. Look up “Robert Newman’s History of Oil”. He’s a climate change cult member, but he at least acknowledges the history of the West in the sandbox.

      BobbieJo Reply:

      Totally agree. It’s on now.

    48. Bernanke walking talking lie Says:

      Rockefeller (Chase) Co-CEO Bill Winters quits immediately without reason today. Watch for this guy to show up dead (possibly from fake suicide or “heart problems”). He criticized greedy bankers and said they were responsible for economic collapse. The Rockefellers may kill him after he disappears from the media reports!

    49. USVSEURO Says:

      Is not EURO also a new world order currency?

    50. Matt Says:

      Lets kick some IRAN ass. YEA YEEEEAAAA! Death before dishonor. Lets get these terror hounds and show them what the USA can do. We will put a boot in your ass! Lets ban together and beat them nuke seeking bastards.

      PrivateSi Reply:

      YEAH, LETS! and after JERUSALEM & TEL AVIV have been pulverised a little lets take our ISLAMABAD. I’m sure there won’t be ANY BLOWBACK in the USA ever again. I mean, it’s not as if there are around 1.5 billion Muslims in the world who believe in REVENGE (though not PROVOKING war). Yeah, lets.
      http://www.evilbible.com LOOK, GOD SAY’S IT’S OK TOO!!

      GOD Reply:

      YOU ARE INDEED WISE, PrivateSi

    51. Buck Johnson Says:

      They drop the dollar, they are about to get attacked.

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    53. GOD Says:

      YOU’RE NOT VERY CONVINCING

    54. 7 11 12 13 Says:

      The Euro could be even more crappy then $.In Germany we have it.Everything got more expensive.
      I rather buy Gold or silver . I started buying gold for 380 euro now its 700.

    55. kriss Says:

      please call NY judge Hon. Edward H. Lehner

      (646) 386-3277
      and say that you support NYCCAN initiative
      to put Referendum For 9/11 Investigation on November ballot
      and say that New Yorkers have rights to decide whether they want new investigation or not!!!
      THIS IS IMPORTANT
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    56. The Great Attila Says:

      So when’s the invasion of Iran going to happen?

    57. pedro monteiro Says:

      saddam did the same and paid with his own life

    58. goodseed Says:

      What happened on 911? Print this and spread it around.

      http://www.thegoodseed.com/Wha.....On%209.pdf

    59. concerned citizen of planet earth Says:

      Let me see now, what was the last country to dump the dollar to sell its oil in Euros……..

      Oh yes it was Iraq (Eye Rack)

      Wonder what will happen next….Tic, Toc

    60. falcon Says:

      Yeah, we’ll be invading them soon. Same reason we invaded Iraq.

    61. Josey Wale's Says:

      You couldn’t hold a candle to Alex Jones he’s much more accomplished than you or you wouldn’t be making a fool out of yourself on his site.

    62. Lemon Says:

      Prepare for one world currency.

    63. Sage Says:

      Saddam Hussein also dumped the dollar and opted for payment for oil in Euros. It was the real cause of the invasion of Iraq, not this crock of shit “terrorists” story.

      Suppose we shall now see an invasion of Iran for this reason, not to mention war is the health of the state, and our economy is in the crapper. WW2 alledgedly was formulated to get the US out of the last Depression. Do you really think they won’t pull this stunt again?

      Since most of the sheople have no clue about any of this, launching another war will be a piece of cake, as far as convincing the dullards goes. Logistically, however, it will be close to impossible, save for the Nuclear option, which cannot be ruled out here.

      Stay tuned…….

    64. Commieobamie Says:

      And then he promptly bought two muslim whores for $10 USD each!~~~~

    65. Fools Says:

      I love the scale of hypocrisy around here. You know that you are being lied to and manipulated and yet you ignore the largest source of this throughout human history — RELIGION. You’re just as brainwashed as people in the middle ages and you all shout for people to “wake up”…

    66. Green Hornet Says:

      Another war would end the U.S. Dollar:

      Peak: 121.02 (2001)
      Bottom: 70.70 (2008)
      Difference: 50.32 (2-wars)

      One More War: 45.54 (US Dollar Index bottom)

      The United States can’t afford another war so my educated guess tells me there won’t be another war. If they could create a World War, that would be different: majority of countries would be involved and all economies would begin growing again. Civil War?

      The Green Hornet

    67. Lolopakalolo Says:

      save it for sunday
      jeez so long and off topic
      your rude

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