Petrodollar doomed as Qatar breaks ranks and sells its oil in Yuan?

The crisis in Qatar marks a major turning point in the battle against the Oil Cartels.

In April of this year, a self-imposed 12-year moratorium on the development of Qatar’s share of North Field came to an end, potentially opening up a flood of Liquified Natural Gas (LNG) onto the market in the years to come. But where will it go? Qatar had originally been hoping to build an LNG pipeline to the Mediterranean via Saudi Arabia, Syria and Turkey; indeed, many have speculated that Assad’s blocking of this proposal in favour of an Iran-Iraq-Syria route was a major reason for Qatar’s support of the anti-government insurgency there. The failure of this insurgency, however, has spelled the death of this proposal, leaving Qatar bound to look East to Asia – already their biggest customers – for their LNG markets. But most of the existing Eastbound LNG pipeline infrastructure is controlled by Iran. For Qatar, then, cutting its Iran links would be cutting off its nose to spite its face. This is why the Saudis aim to demonstrate that the alternative is having their entire face cut off.

At the same time, China has been on a gold-buying spree, setting up its own twice-daily  pricing of gold in yuan in 2012 as part of what the chair of the Shanghai Gold Exchange called the “internationalisation of renminbi”, ultimately aiming towards making yuan fully convertible to gold. Once this happens, the choice for oil-producing countries between trading oil for ever-more-worthless paper dollars, or trading it for convertible-to-gold renminbi will be a no-brainer. For Qatar, the pull may already be irresistible.

Hence the urgency to pre-emptively punish Qatar for its likely move towards a joint venture with Iran to supply Asia with LNG priced in yuan. The aim is to demonstrate that, however economically suicidal it may be in the long term to snub Iran and continue trading in the dollar, it will be politically suicidal in the immediate term to do anything else. Just how far Trump and his Arab friends are prepared to take this remains to be seen. But Trump has repeatedly suggested that the whole point of having a military is to use it.

The Qatar Blockade, the Petro-Yuan, and the Coming War on Iran

The following is from Ben Fullford so take the opion with a grain a salt as you read what he calls the Oil Cartels Shinnanigans and refers to them as “The Khazarian mafia”

Ostensibly Saudi Arabia and other oil exporting states decided to try to blockade Qatar “because it was supporting terrorism.” In reaction to this move, US President Donald Trump showed the world he was not in charge of the US by first supporting the blockade and then being forced by the Pentagon to change his stance 180 degrees the next day. What is really going on here is that Qatar reached a deal with Iran to export gas from its massive gas fields not West in exchange for worthless Euros or US dollars but rather East to places like India and China in exchange for their currencies.

The US House of Whores, oops! I mean House of Representatives. reacted to this development by passing new sanctions against Russia that basically amounted to telling Europe to buy expensive American gas instead of cheap Russian gas. The Germans and Austrian reacted by telling the Americans to buzz off.

http://www.bbc.com/news/world-europe-40299760

These developments show clearly the old regime is falling apart with splits between Washington and the EU becoming more pronounced by the day.

The Khazarian mafia controlled Saudis and their Israeli partners in crime have seen their entire plan for an “Arab Nato,” blow up in their faces. True Muslim countries like Turkey, Iraq, Iran, Pakistan and others together with super powers like Russia and China lined up to support Qatar, leaving the Saudi Israel alliance isolated. India and Pakistan have shown they are with Russia and China by joining the Shanghai Cooperation Organization, something Iran is expected to do next year.

The US military, for its part, showed it was against the Khazarian mafia by staging joint military drills with Qatar last week even as China staged drills with Iran. Pentagon sources explain “The US military needs Qatar because of the Al Udeid airbase.” The Pentagon sources did not mention the fact Qatar also offered to buy $12 billion worth of US military jets to help keep the Pentagon financed. In any case, the airbase also functions to ensure that madman Satanist Israeli Prime Minister Benyamin Netanyahu and his fellow Khazarian mobsters do not get any chance start World War 3, the sources say. A more direct message would be “SURRENDER OR DIE.”

The battle to remove the Khazarians from all levers of control in Washington DC is also intensifying. The fake blame everything on Russia campaign by the Khazarians is blowing up with even Khazarian owned corporate propaganda media stooges starting to expose it as completely bogus.

The following twitter storm issued by Donald Trump summarizes quite well how the power struggle in DC is going:

“You are witnessing the single greatest WITCH HUNT in American political history – led by some very bad and conflicted people!

They made up a phony collusion with the Russians story, found zero proof, so now they go for obstruction of justice on the phony story. Nice

I am being investigated for firing the FBI Director by the man who told me to fire the FBI Director! Witch Hunt

Why is that Hillary Clintons family and Dems dealings with Russia are not looked at, but my non-dealings are?

Crooked H destroyed phones w/ hammer, ‘bleached’ emails, & had husband meet w/AG days before she was cleared- & they talk about obstruction?

A.G. Lynch made law enforcement decisions for political purposes…gave Hillary Clinton a free pass and protection. Totally illegal!”

Pentagon sources say the next stage in the battle against the Khazarian mafia hold-outs in DC will begin with the arrest of Deputy Attorney General Rod Rosenstein, special counsel Robert Mueller as well as

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