What is the petrodollar?

What Is The PetroDollar?

In a nutshell, the “petrodollar system” is the global “dollars for oil” system which literally holds up the demand for U.S. dollars. The countries of Iraq, Iran, Venezuela, etc. who have sought to sell their oil in any other currency have been met with swift repercussions and labeled as enemies of the West.

However, those who continue to sell their oil exclusively in U.S. dollars like Saudi Arabia, Qatar, Kuwait, etc., are considered American allies, no matter how ghastly their human rights records are.

Does this dollar for oil system play any role in Bible prophecy?

Israel in 1948 First we must understand the land given to Israel in 1948 was only a sliver maybe (10%) of what God describes as land belonging to Israel (see Deut.

11:24 and Gen. 15:18-21).

In order to please Israel’s Arab neighbors, the West gave the remaining 90% of Greater Israel to Islamic peoples groups.

In essence, while Western nations have often credited with a righteous motivation in giving the

Promised Land back to Israel, they essentially divided God’s land up for national gain. How did they gain you might ask? Through the Petrodollar system!

Greater Israel If you remember your history, the Petrodollar system was created between America and oil rich Islamic “nations” that were newly created after

World War 1. These nations exist within the borders described by God as “Greater Israel.” This means that the oil reserves of these Islamic nations were originally intended for, and rightfully belong to Greater Israel.

Obscene Profits Nevertheless, the U.S. and there oil rich Muslim “nations” have pocketed obscene profits from the oil reserves lying under the ground of land given to Israel from God as the Promised Land! These

Muslim nations pump the oil, with American help, and sell it on the global market in exchange for U.S. dollars. The Muslim nations keep the profits of the oil while the U.S. dollar benefits by maintaining its global reserve status through this artificial demand.

Sworn Enemies To make this perfectly clear, America is profiting big-time from the oil under the ground of “Greater Israel” and sharing those profits with Muslim leaders, Israel’s sworn enemies! The petrodollar system, which has so greatly put money in the pockets of American’s rich and Israel’s Muslim enemies, has come at a tremendous cost to modern day Israel. For those wondering if America will be judged, what else do I have to say?

American Economy The oil riches of the Middle East has helped slow America’s economic decline since Washington’s obsession with “free trade” deals that has sent U.S. manufacturing overseas to up and coming nations like China.

However, the current Petrodollar system will inevitably collapse under its own weight! America, under the Obama regime, has printed trillions of

dollars on the basis that the entire globe needs them to conduct their everyday transactions. But when these Islamic oil rich nations finally turn on America and choose to price their oil in another currency, the result will be great economic devastation to America as the artificial dollar demand created by this system comes to a crashing halt!

T he Crash!

This devastation of the American economy will lead to a period of high and sustained inflation as excess dollars held around the world come rushing back to their point of origin!

Now, more than ever, it is time for the wise to discern what is happening and make preparation for

the coming global economic shakeup that lies directly ahead. Great hedges against the collapse would of course be precious metals like silver and gold and being able to store it in a lock box at your local bank. Needless to say everyone at this time will jump to precious metals and inevitably drive the price up to four and five times what they currently are. The time to prepare is now before it is too late and the gold rush is on!