What a tangled web the global geopolitical situation has become. Geopolitics and finance have always been interrelated but recently much more so. As many readers know, I have speculated we would be hit over the head with a “truth bomb” from the East and most likely from Mr. Putin himself. Just this week Britain has alleged Mr. Putin personally ordered a “hit” on an ex KGB agent for calling him a pedophile http://nypost.com/2016/01/21/murdered-ex-spy-accused-putin-of-pedophilia/. ; Another story came out that Turkey shot down a NATO helicopter which made no press coverage at all in the West. Also, Victoria Nuland recently travelled to Russia and was refused an audience by Mr. Putin. This, after John Kerry had a meeting where he went into it saying “Assad must go” and came out saying Mr. Assad can stay … Why all of this now? I would simply say this reeks of desperation and also a VERY dangerous strategy to attack Mr. Putin personally. I say “dangerous” because it raises the likelihood of a response from him. Can you imagine the outrage were Russia to accuse president Obama or the Prime Minister Cameron of Britain for ordering the murder of someone who called them a pedophile?
Before going any further, I believe nearly ALL of what we are seeing is centered by and on the “petrodollar”. Will it survive or be replaced? In my opinion it is no longer “if”, but “when” and by “what” will it be replaced with? Just over the last two weeks we have seen three very important yet interrelated events. First, the sanctions against Iran in place over the last 35 years were lifted. Along with this comes the ability for Iran to sell oil and they will now have access to up to $150 billion worth of assets and accounts previously frozen as reported by many credible non-government sources. ...
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