Lindsay Williams: Oil Going to $50 a Barrel, to Break Iran AND the Dollar

Kann

DriftingByTheStorm wrote:

The current plan is to totally reverse the direction of oil back down to $50 a barrel.
[...]
And then this contact said that America will have a "massive financial collapse" with in the next year!

:eek:

If the barrel goes back to 50$ I can't see how America will have a massive financial collapse? Doesn't really make sense.

DriftingByTheStorm

OutOfBreath wrote:

And if "they" really are as powerful as to be able to dictate the price of oil, why do they care at all about what Iran does?

Controlling soverign nations and their peoples is proving just a wee bit harder than controlling the world's resources. Just ask "them" about America.

Kann wrote:

If the barrel goes back to 50$ I can't see how America will have a massive financial collapse? Doesn't really make sense.

We're talking about the interconnected nature of the global financial order.
The theory involved here is that foreign consumption of US Treasury Bills is a linchpin supporting the entire US dollar hegemony.

Foreign consumption of US bonds\notes\bills is of critical importance to maintaining the stability of the dollar when the US is running at a deficit. Without foreign debt holders, the US is forced to sell treasuries to the Fed in exchnge for dollars. This is inflationary. But if the money is given to the US by a foreign creditor in exchange for treasuries, it prevents the creation of "new money", so to speak.

Beyond that, there are a whole host of problems associated with a foreign "fire sale" of treasury assets. It would drive long term rates up (think about mortgages here), causing both a further massive depression in the housing market, and also causing a domestic sell off in treasuries.

It is a self-feeding cycle.
If foreign creditors sell, it will send signals to Wall Street that inflation is about to increase (lack of foreign creditors = inflation in deficit economy) ... this inflationary fear leads to more people dumping treasuries. The massive dumping of treasuries leads to pressure in the markets that causes the "real" rate of return on those notes to increase. This puts pressure on the Treasury to raise the actual rate of their new treasury sales, and all of this raising of rates not only affects mortgages and all secondary market loans ... but it AGAIN worsens the crisis ...

... because, now you have rising rates, which causes the street to freak out, since they are sitting on all these notes with low yields (like 2 or 3%) yet inflation is (seemingly paradoxicaly) driving up interest rates, and they are now losing money because the rate on the street is more than the rate in their treasuries. Thus, they sell more treasuries and move in to commodities that will inflate along with rates (like gold and oil) ... and again, the spiral continues out of control, until the Fed, the Treasury, and the American economy in general are absolutely fucked.

Here are some good articles on aspects of this.
The treasury\inflation\deficit problem is a huge problem right now, and we are about to get ass-fucked by it, regardless of this speculation here about what "they" are doing to oil.

Forbes, Aug 07: China may sell off Treasury bonds if US imposes trade sanctions

Naked Capitalism Sep, 07: Foreign Investors Abandoning US Treasuries

The International Forecaster, June 5th, 08: The Key to All Market Analysis [Treasury Securities]

OutOfBreath

DriftingByTheStorm wrote:

Controlling soverign nations and their peoples is proving just a wee bit harder than controlling the world's resources. Just ask "them" about America.

My point was rather, since "they" control the resources, wtf do "they" even care what "sovereign nations" muck about with? Why do "they" need to control the world fascist style, when "they" can de facto rule it like kings by just controlling the money side of things?

Anyway, that's a side-point really and just leads into the why-I-don't-believe-much-in-mega-conspiracies.

But how about Indonesia? In a country not even producing enough for itself, and thus withdrawing themselves from OPEC, how can there suddenly come online a mega-field that can swamp the market? And I am suspecting that the russian field they talk about is the Shtokman field in the arctic sea, that they are starting just now to build. This is indeed a big one, but most of it is gases, and that wont produce much for years to come yet.

Peace
Dan

RolandTD20Kdrummer

So instead of the gold standard, it's the black gold (oil) standard.

How low can you go?

light the limbo stick Kumar...I need to do some stretching...

DriftingByTheStorm

OutOfBreath wrote:

But how about Indonesia? In a country not even producing enough for itself, and thus withdrawing themselves from OPEC, how can there suddenly come online a mega-field that can swamp the market?

I don't know.
It's a valid question, Dan.

If you wanted to get really conspiratorial you could argue the angle that withdrawing from OPEC was somehow strategic pre-planning for bringing on a massive oil field. That being released from the binds of OPEC price control somehow opened the globalist operation to the market, allowing them to set their own price, instead of that dictated by OPEC production guidelines.

???

Look.
Like i said.
Everything Lindsay Williams says is pure speculation.
But the point remains is that the half dozen or so times where he has come out and said, "My sources tell me oil is going from $80 to $150 a barrel" or vice versa, he has been dead on with it.

Given the implications of his quazi-oil-executive background, it makes one wonder. He claims people on the inside are feeding him information, and true or false, the information he provides seems to end up being true.

Who knows, though.
Maybe this was deliberate disinfo fed to him, in order to discredit him?
Maybe he is just shill who got REALLY lucky making those calls.
(i hope he put money where his mouth is, then. cause he should be a billionaire)

DriftingByTheStorm

RolandTD20Kdrummer wrote:

So instead of the gold standard, it's the black gold (oil) standard.

How low can you go?

light the limbo stick Kumar...I need to do some stretching...

I like the Carbon standard better.

OutOfBreath

One of those "wait and see" things then.
I'm just not really seeing it. Especially not in the short term.

Peace
Dan

RolandTD20Kdrummer

A few times over the past couple years I've seen correlations with what the current admin US admin is doing with the whole Enron scandal, (where they purposefully shut down electricity generators to create higher demand in order to drive the prices up). It would not surprise me in the least if the exact same situation has just been done with oil.

If vast new "unknown" sources of oil turn up miraculously in the nick of time...I'd say we all got seriously played.

rocketman

The real question no one seems to be addressing is why the current administration refuses to release any of the strategic oil reserve and has been stockpiling it for year? Clinton released parts of the supply during his administration several times to relieve the pressure of high worldwide oil prices at the time. But Bush hasn't done it once.

DriftingByTheStorm

rocketman wrote:

The real question no one seems to be addressing is why the current administration refuses to release any of the strategic oil reserve and has been stockpiling it for year? Clinton released parts of the supply during his administration several times to relieve the pressure of high worldwide oil prices at the time. But Bush hasn't done it once.

They don't release the reserves, because they wouldn't do shit.
Have you seen the numbers broken down?

The amount of global demand with respect to the amount of our "strategic reserves" is a joke.

Your talking like a percentage point of a percentage point.

It would be pointless, and we would drain our reserves quite rapidly, and to no avail.

DriftingByTheStorm

I thought i'd bump this because CNBC has been arguing over which way oil is going, Lindsay has been dead on in the past, and the kicker is

CNBC just ran a headline on the screen that said:
"Tehran: Iran will defend $100 Oil"

I think that gives this statement by Lindsay some legitimacy, because it shows a recognition on the mainstream media that oil falling back to ... oh say ... $50 a barrel would REALLY fuck over Iran.

Hmm.

Just something to think about,
since i posted this when oil was still around $135-$140 and it is now sitting at $109 ... Mr. Williams is no dummy.

RolandTD20Kdrummer

If push comes to shove this could become a very stark reality.

I can only imagine how many more patriot acts will have to be enacted to prevent the blowback.

spyguy

what a load of shit. first of all, the middle east would be just fine at 50 dollars a barrel. just like they were when oil was at 30 or less for the last 30 years. secondly, no one can "make" oil go to 50. if the middle east really thought they would be fucked by $50 a barrel, they would just cut supply. simply amazing how you believe ANYTHING that comes from the schizophrenic asshole alex jones. truly amazing.

spyguy

DriftingByTheStorm wrote:

Yup.
Lindsay Williams (who has been right about everything he has "predicted" for several decades now) is on with Alex Jones right now.

He is saying that, along with having received a few new threats that had him scared silent for over a month, that he also has been given more information from one of the "insiders" -- one of his old oil company contacts.

This is what Lindsay is saying:

The current plan is to totally reverse the direction of oil back down to $50 a barrel.

"They" are going to do this in order to "utterly destroy the Middle East".
Because those countries are totally dependent on the price of oil to keep their economies afloat.

He also said that the obverse of this is that they are looking to destroy the dollar in this process too. The mechanism would be that the destabilization of the Middle East would cause THEIR economies so much strain that they could no longer hold on to or purchase more of US Treasury bills.

This flood of treasury securities back in to America will utterly crush the dollar.

He ALSO said that the way they are going to put oil back to $50 is that they are going to open to MASSIVE oil fields (that are currently "unknown") ... one in Indonesia, and one in Russia.

He ALSO said that this fellow said MCCAIN is "their man", and that "something will happen" to "ensure that he wins".

And then this contact said that America will have a "massive financial collapse" with in the next year!

:eek:

take a look folks. this is what we call fear mongering. I truely am in utter amazement on much you are under alex's spell.

wait wait wait...massive financial collapse? didnt someone bump a thread that you posted the same crap last year? you are such a joke.

DriftingByTheStorm

spyguy wrote:

take a look folks. this is what we call fear mongering. I truely am in utter amazement on much you are under alex's spell.

wait wait wait...massive financial collapse? didnt someone bump a thread that you posted the same crap last year? you are such a joke.

Yeah.
You know what is funny.

People like you were around last year telling me i was a fucking joke.
And what happened?

MOST of what i was worried about HAS ALREADY HAPPENED.
The stock market shit its pants.
WE GOT MULTIPLE BAIL OUTS.
Fannie and freddie are on the verge of total fucked-ed-ness.
Gold went through the fucking roof,
and the dollar took a turd.

I even gave specific numbers (and this is back in LAST AUGUST) ... i said "probably around 1.5-2.5 TRILLION in losses" and i said it would all be fucking nationalized.

Yeah.
I'm a fucking crack pot.

and guess what?

Yeah.
We still have wise-asses like you coming on here to talk shit about what i said.

spyguy

DriftingByTheStorm wrote:

Yeah.
You know what is funny.

People like you were around last year telling me i was a fucking joke.

LOL why am I not surprised?

DriftingByTheStorm wrote:

And what happened?

probably nothing near what you predicted.

DriftingByTheStorm wrote:

MOST of what i was worried about HAS ALREADY HAPPENED.
The stock market shit its pants.

no it didnt. stock markets dont usually go stright up forever. you know that right?

DriftingByTheStorm wrote:

WE GOT MULTIPLE BAIL OUTS.

BOLD prediction!

DriftingByTheStorm wrote:

Fannie and freddie are on the verge of total fucked-ed-ness.

you predicted that? I doubt it

DriftingByTheStorm wrote:

Gold went through the fucking roof,

and then came back down

DriftingByTheStorm wrote:

and the dollar took a turd.

and then recovered.

DriftingByTheStorm wrote:

Yeah.
I'm a fucking crack pot.

true. very true.

DriftingByTheStorm wrote:

Yeah.
We still have wise-asses like you coming on here to talk shit about what i said.

because you dont get it. Alex Jones has transformed you into something very scary....(and equally tragic and sad) I'm sure you were actually a cold dude at some point.

RolandTD20Kdrummer

Alex Jones called out 9/11 two months before it happened....lo and behold.

Clearly he has no clue what he is talking about.

...some might not like the format, but the information is what it is, and...well... it is...

The American Idol crowd usually aren't big Jones fans, but then again they watch American Idol to hate on people and laugh at them for amusment.

ryan198

i have been talking about this post a bit lately...interesting huh?

DriftingByTheStorm

ryan198 wrote:

i have been talking about this post a bit lately...interesting huh?

Lindsay Williams is lucky he isn't dead already.

I heard Larry Kudlow on CNBC the other night SPECIFICALY reiterate what Lindsay said he was told.

Kudlow was like "oil going to $30 a barrel would be GREAT! It would CRUSH Iran, and Venezuela ... and it would put that creep Putin back in his place!"

I think Lindsay got a simplified explanation,
but the same collusion that brought oil to $150 is most certainly bringing it crashing right back down.

I keep getting the feeling that we've already been had.
Whats that saying about the trap already being sprung?

They got their bailout. They're getting their election.
They're half way to getting a world financial regulatory body,
and the future of US sovereignty is starting to look disturbingly bleak.

LikeAnOpeningBandForTheSun

so instead of middle easterners building ever taller buildings and swimming in pools made of pure gold and filled with money, they will have to settle for slightly less. good luck to our banker masters pulling this shit off. no way you bankrupt the people with the oil.