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Old 03-26-2014, 01:17 PM   #26
cutthemdown
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them selling to China in gold won't hurt us.
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Old 03-26-2014, 01:48 PM   #27
mhgaffney
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Quote:
Originally Posted by Obushma View Post
I believe you're missing one key point. Oil is traded in dollars, in this Russian/China agreement, Oil is traded in gold. That will be a massive hit to the US economy. So to say its no big deal, is really disingenuous.
Exactly. This is why we went after Saddam, Kaddaffi, Assad, and now Putin.

It's also why we are targeting Iran.

The US will do anything to save the petro dollar -- even risk nuclear war. This is the danger. MH
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