DESIRE petroleum gets going at long last !

zz. Interesting article you posted on Iran. The US Federal Reserve announced in October, soon after the appointment of Ben Bernanke (who will replace Greenspan) that they will cease publication of M-3 figures in March. The week before last the Federal Reserve pumped in some serious Repo money, the most since 2001. They seem to be getting ready for something BIG that is on the way. In March, the Iranian oil bourse will begin trading oil in Euros and cease trading in US Dollars. If Iran stops trading in US Dollars, the dollar will be in less demand and its value will fall, the US treasury will fall and the Fed may be putting money into the system NOW to buy them up later in order to support them. Iraq made similar noises prior to the invasion as Saddam threatened to stop trading in US Dollars, but no one points to THAT as the reason the US (supported by lapdog Blair) went in. Make no mistake about it, undermining the US Dollar, by trading with another currency, would do serious damage to the US economy and their way of life. You can be sure that Iran is going to get the same treatment Iraq got if they follow through and start trading in Euros.

Apart from that, I hope everyone had an enjoyable and peacefull Christmas and a Happy New Year to you all. Ahh, back to sleep..zzzzzzzzzzzzzzzz.