Bandit795 Posted June 6, 2019 Report Share Posted June 6, 2019 I think the following will have a huge impact on the completion of the GOI. They might not be able to get the Iranian influence out of Iraq. đ  https://www.zerohedge.com/news/2019-06-05/escobar-great-bilderberg-secret-2019  Quote  The derivatives clock is ticking  The great Bilderberg secret of 2019 had to do with why, suddenly, the Trump administration has decided that it wants to talk to Iran âwith no preconditionsâ. It all has to do with the Strait of Hormuz. Blocking the Strait could cut off oil and gas from Iraq, Kuwait, Bahrain, Qatar and Iran â 20% of the worldâs oil. There has been some debate on whether this could occur â whether the US Fifth Fleet, which is stationed nearby, could stop Tehran doing this and if Iran, which has anti-ship missiles on its territory along the northern border of the Persian Gulf, would go that far.  An American source said a series of studies hit President Trumpâs desk and caused panic in Washington. These showed that in the case of the Strait of Hormuz being shut down, whatever the reason, Iran has the power to hammer the world financial system, by causing global trade in derivatives to be blown apart. The Bank for International Settlements said last year that the ânotional amount outstanding for derivatives contractsâ was $542 trillion, although the gross market value was put at just $12.7 trillion. Others suggest it is $1.2 quadrillion or more. Tehran has not voiced this ânuclear optionâ openly. And yet General Qasem Soleimani, head of the Iranian Revolutionary Guards Corpsâ Quds Force and a Pentagon bĂȘte noire, evoked it in internal Iranian discussions. The information was duly circulated to France, Britain and Germany, the EU-3 members of the Iran nuclear deal (or Joint Comprehensive Plan of Action), also causing a panic. Oil derivative specialists know well that if the flow of energy in the Gulf is blocked it could lead to the price of oil reaching $200 a barrel, or much higher over an extended period. Crashing the derivatives market would create an unprecedented global depression. Trumpâs former Goldman Sachs Treasury Secretary Steve Mnuchin should know as much. And Trump himself seems to have given the game away. Heâs now on the record essentially saying that Iran has no strategic value to the US. According to the American source: âHe really wants a face-saving way to get out of the problem his advisers Bolton and Pompeo got him into. Washington now needs a face-saving way out. Iran is not asking for meetings. The US is.â And that brings us to Secretary of State Mike Pompeoâs long, non-scheduled stop in Switzerland, on the Bilderbergâs fringes, just because heâs a âbig cheese and chocolate fanâ, in his own words. Yet any well-informed cuckoo clock would register he badly needed to assuage the fears of the trans-Atlantic elites, apart from his behind-closed-doors meetings with the Swiss, who are representing Iran in communications with Washington. After weeks of ominous threats to Iran, the US said âno preconditionsâ would be set on talks with Tehran, and this was issued from Swiss soil. Quote   1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted June 8, 2019 Report Share Posted June 8, 2019 Gas is $2.22 here, it may raise a bit but it will never hit hit $200 a barrel here in the USA. With the action of Trump these countries that rely on oil to filler their budgets should be happy $60/$65 per barrel. If Trumps win 2020 I see gas at the pump below $2 almost to $1. That doesn't include gas taxes that some state charge. The days of conflict that effect oil prices here in the USA are coming to end..it called self sufficient. 3 Quote Link to comment Share on other sites More sharing options...
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