MarkZ

[via PDK]   Article:   “Iraq supports OPEC’s approach to selling oil in foreign currencies instead of dollars”  Quote: “…this step will support the economies of all oil-exporting countries…OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency.”  This is very big. Another huge piece is “Depositing the sum in Americans banks for oil sales is no longer a condition”   Every time they tried to move forward and RV they hit a brick wall because the US was controlling all their dollars.  This is absolutely huge  You guys should all be excited.