WHAT??? IN MY HUMBLE OPINION, THE SAUDIS ARE THE KEY TO BERNANKE CONTINUING TO INFLATE/DEBASE OUR CURRENCY AS THE OIL PURCHASES WE MAKE ARE IN PETRO-DOLLARS THAT ARE ACCEPTED BY THE SAUDI PRINCES. WHEN THE PETRO-DOLLAR IS REJECTED/ REPLACED, OUR DOLLAR WILL REVERT TO ITS INTRINSIC VALUE OR ZERO. IT IS ONLY A POLITICAL PROMISE NOW AND IF THE OBIMINATION IS ABLE TO BUY / STEAL HIS RE-ELECTON, THE ECONOMY WILL COLLAPSE FROM RAMPANT INFLATION AS CAUSE ONE WITH ADDITIONAL SPENDING CAUSES ADDED INTO THE MIX. SAUDIS HAVE JUST ORDERED 94 BOEINGS, PAID FOR, OF COURSE WITH PETRO DOLLARS. WHEN THAT MUSIC STOPS AS STOP IT MUST, WE ARE BACK INTO THE WEIMAR REPUBLIC WITH A DICTATOR WAITING IN THE WINGS. BERNANKE, IS GOING, imho, TO PUMP MORE MONEY INTO CIRCULATION IN SEPTEMBER IN A THINLY DISGUISED ATTEMPT TO PUMP THE MARKET TO GET WALL STREET CAMPAIGN FUNDS TO BOOST THE ATTRACTIVNESS OF THE EMPEROR WHO HAS NO CLOTHES AND NO CLUE. BEWARE THE KOOL AIDE; POST TURTLE DROPPINGS INSIDE!!! LAUS DEO overbore
As far as I know all oil purchased from OPEC is don in US dollars. That is one of the behind the scenes problems with IRAN. The muslim world is trying to change that and get force oil to be purchased by gold.
