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Bye bye NWO: China and OPEC would be supportive if Russia chose to price its Urals crude in rubles rather than dollars

 
Anonymous Coward
User ID: 71416100
Russia
04/30/2016 06:15 AM
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Bye bye NWO: China and OPEC would be supportive if Russia chose to price its Urals crude in rubles rather than dollars
The bottom line is that China, Russia and OPEC would like to see oil priced in some currency other than the US dollar. They want to see the US dollar no longer being the world reserve currency, and I believe that eventually and unfortunately for the US it is going to be the reality," Pento said.

According to him, OPEC would react positively if oil were to be priced in Russian rubles.

Read more: [link to sputniknews.com]
Anonymous Coward
User ID: 71064561
United States
04/30/2016 06:25 AM
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Re: Bye bye NWO: China and OPEC would be supportive if Russia chose to price its Urals crude in rubles rather than dollars
You are straight retarded by now if you frequent here
and have no realized russia and us are secret buddies,
run by the same old bankers. Cold war was just an excuse
to get more money out of citizens hands and into
corporations and to promote constant fear.
Sadly, thats still what theyre doing today.

A famous rofschild once said, he need not the crown
of the country, just the coin purse
Anonymous Coward
User ID: 72094741
United Kingdom
04/30/2016 06:35 AM
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Re: Bye bye NWO: China and OPEC would be supportive if Russia chose to price its Urals crude in rubles rather than dollars
Could they not get someone from Opec to say that? but they have what, isn't this guy an Aussie economist? really weighty voice to speak on behalf of Opec and China..

It is kinda laughable...

Why would China favour buying oil in roubles when it's pretty obvious its aiming for the RMB to be reserve of choice, and the EU prefers Euros.. with a similar aim..

and both far outweigh the rouble in terms of global use.. pretty demonstrable when 60% of Russian reserves are in Euros and Sterling.

If it had even the slightest weight, Iran would be selling in roubles rather than euros, just to annoy everyone.
Anonymous Coward
User ID: 51389679
United States
09/07/2017 10:31 AM
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Re: Bye bye NWO: China and OPEC would be supportive if Russia chose to price its Urals crude in rubles rather than dollars
For the last five years China, Russia and other members of the Shanghai Cooperation are trading hydrocarbons no longer with US dollars, but in their local currencies or in gold

China and Russia are the world’s largest gold producers and the only problem with gold today is that it is completely beholden to the West’s monetary system.

Under the pilot deal, we delivered 200 kilograms [440 pounds] of bars of gold to Chinese financial institutions. This year we are planning to additionally deliver about 3-5 tons of gold to China. Next year we expect an increase in deliveries to China of up to 10-15 tons. Perhaps we will even exceed this figure,

in February 2017 Sberbank's subsidiary in Switzerland started delivering gold to India.


[link to sputniknews.com (secure)]





GLP