The Missing Piece of the Financial Puzzle

End of the hegemony of the Petrodollar system?

by  Preston James and Mike Harris

End of the hegemony of the Petrodollar system?

Why are the largest Wall Street Banks still afloat?

Many financial experts expected their financial collapse months ago, despite the continuing Quantitative Easements of the Federal Reserve System.

Why has the collapse of these largest Wall Street banks been expected and seemed imminent to many financial experts?

The hard reality is that some of these largest Wall Street Banks have over-leveraged themselves to stay afloat using inflated Oil Derivatives which require a fairly high World crude oil price to stay solvent. And the price they need is far higher than what the current crude oil price per barrel has fallen to right now.

Unless these largest Wall Street Banks somehow compensate for these losses, these Oil Derivative contracts will crash due to these crude oil prices having falling too far. The result will be that the largest Wall Street Banks holding these contracts will implode financially.

This of course could take the whole American financial system down with them.

And as many now realize these large Wall Street Banks over-speculated during the boom years up until 2007 and took huge profits for their principals, leaving bankrupt-ready empty financial shells once the numerous investment bubbles they created burst.

The major worldwide investment gambling losses that these major Wall Street Banks accumulated brought them to the point of imminent collapse in 2008 and 2009.

Hank Paulson, Secretary of the Treasury and Ben Bernanke, Chairman of the private Federal Reserve System great Wurlitzer elastic money creating machine. These men were having a good laugh about a bought and owned Congress and the stupid American Taxpayers who were going to bail out the largest Wall Street Banks. The monumentally large bank losses that Congress and the Administration forced American taxpayers to cover totaled over two trillion US Dollars. These mega losses were the result of careless international investments by these largest Wall Street Banks. This actually constituted high tech international speculating, best described as high stakes gambling. If the original Glass Steagall Act had not been repealed, these bad investments could never have been made in the first place.

However, these large Wall Street banks immediately used their well established influence to manipulate the US Congress and Two different Administrations (Bush2 2 and Obama) using fear and the threat of Martial Law in the Streets of America to manipulate Congress and the Administration into giving them two huge near Trillion Dollar bailouts all fully financed by the American taxpayer.

Despite some efforts by the US Congress to track where these expenditures went, Congress was only able to find out that most of the Taxpayer provided money was transferred to foreign banks to prop up the foreign investments of these large Wall Street banks and the US Petro Dollar and never learned the specific trails or amounts.

Many Americans did however find out that very large bonuses, often a million dollars or much more, were paid to the top Officers and earners in these large Wall Street Banks during this severe financial crisis, much of it linked to the taxpayer bailouts.

These two bailouts were so large that if applied on behalf of the American People, all homesteaded home mortgages and all college loans could have been paid off.

When a similar crises of impending bankruptcy of the large banks in Iceland occurred, Icelanders reacted and forged a whole different direction of actions and corrections. They arrested the bankers responsible, cancelled any liability of Iceland and its citizens to restore these bankers losses, and declared most home mortgages paid in full. They also tried, convicted and jailed several of the top bankers responsible for this fiasco and financial mal-management.

BANKERSxxA significant portion of the American public want the same thing done that Iceland did to the Bankers responsible for our Wall Street banking crisis and the two bailouts.

We now have a new US Attorney General. The prior totally corrupt one that refused to enforce the laws the Bankers broke has resigned.

Many Americans want the US Department of Justice to now begin a process in earnest and deliver indictments against these Bankers of the largest Wall Street banks involved in the Wall Street meltdown of 2008.

Some legal experts believe that there is no standing statute of limitations because fraud was involved and this negates such normal statutes of limitations.

When the Saudis lowered their price of crude at the apparent direction of the Pentagon power structure in an attempt to create maximum financial stress to Putin and the Russian Federation, Putin, the master chess player that he is, reacted quite unexpectedly. He lowered his crude price even further. This turns out to have been a very crafty move.

What is truly surprising is that not only has it turned out that the Russian Federation is stable financially enough to handle this drop in the World price of crude, but it now seems evident that Putin has used this opportunity to once again outsmart the Wall Street Banksters and the Khazarian Mafia.

This drastically lowered crude price has seriously stressed some of the largest Wall Street Banks to the max because of their inflated Oil Derivative contracts they have used to stay afloat.

These Banks have apparently countered this drastic drop in the price of crude by accessing revenues derived from British Petroleum and Exxon buying stolen crude from ISIS at a greatly reduced, deeply discounted prices and re-selling it at the much higher going World crude price. This appears to have provided a means for these large Wall Street Banks to keep their Crude Oil Derivative Contracts afloat.

Under American Law as well as International Law, this makes BP and Exxon Directors and officers quite vulnerable to legal action as well as major trans-national anti-terror measures that can be legally exercised directly against them personally if these reports are cross validated and pursued legally in US and International venues.

Kaiser_695Now with the downing of the Russian airliner in Egypt and the mass-murder of 224 innocent on-board passengers, President Putin appears to have intensified his attacks on ISIS/ISIL.

We have reports that Russian Federation Forces are now directly attacking ISIS/ISIL Oil shipment tanker caravans of their stolen Syrian oil and directly attacking ISIL controlled oil facilities.

Putin has publicly stated that if a dog bites you, don’t worry about the dog but go after its master. And that is what he is now doing by attacking these ISIS/ISIL tanker caravans of Syrian of oil stolen by ISIS/ISIL.

The Liveleak Video Clip below shows Russian aircraft destroying 500 ISIS/ISIL Oil tanker trucks filed with stolen Syrian Oil.



Kaiser_710If this decimation of ISIS/ISIL crude oil shipments by the Russian Federation continues it is likely that such will be the straw that soon breaks the back of the Wall Street Oil Derivative contracts.

And once that occurs it is expected that we will then see the fall of the US Petro Dollar soon to follow. The US Petro Dollar will then cease to be used any further as the World’s Reserve Currency.

And you can imagine how quickly and deeply that will erode the power and political influence of the Khazarian Mafia and its large Wall Street banks in America and around the World.

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  1. How long will Wall Street Banks want to keep crude from skyrocketing? If history is an indicator of how wall street is doing its part today for the globalist plan the production of oil from Syria will have no affect on oil contracts unless they wanted it to. Its logical to think at some point to bring in world government oil production will need to be drastically decreased to reduce supply to manipulate oil prices much higher. Why is it logical to think that? Thats what sustainable development has planned for “the people”, to bring in world government where only the elite and their favored class will be able to afford to buy fuel and pay the carbon footprint under a one world government.

    • Well the FRS has just announced a special expedited meeting this coming Monday. Betcha it is in response to the destroyed 500 tankers filled with stolen Syrian Oil. That’s how close the oil derivative
      crash could be. It’s a major problem coming on fast.

  2. How can we do anything as long as the Courts are controlled by the Bankers and Politicians. The Bankers and the Politicians are the ones we need to go after, but, it looks like the first thing we must do is put a bunch of Judges in Prison. Now, that’s a trick if ever there was one. How terrible it is that an armed revolution could be the only solution to our terrible problems, I wonder when and how it will start?

  3. Dear Mr. Preston

    This article made me log in.
    Please can you explain in great detail, how in the heck will such a small production of oil, from Syria affect Big Banks and oil contracts?

    It would be 10 000 times more effective to decrease production, reduce supply; use futures contracts to manipulate oil price higher.

    Please check where on production list Syria is (number 68.). For oil prices to rise, you only need OPEC, good PR, some big media, short squeeze with some skilled traders not some oil trucks anybody can see.
    Even more, US and SA to reduce production by 20 percent, massive short squeeze. And, even at price of 60-70 Russia is far away from break even (105$).

    Please, consult folks with 10 or more years on Wall Street or CME; they will open your eyes about oil prices.

    That being said, your’s story just doesn’t hold water.


  4. I admit, when I first heard the allegation “back when” it had my blood boil. A correction isn’t so much necessary as the piece was intentionally satirical. One or two news outlets ran with it as “true” without fact checking, but a site known as “Bad Satire Today” pointed out the true nature of the piece shortly after it was published. JPM publishes a list of its top officers and directors and Holder isn’t one of them. If that wasn’t enough, all one of the outlets that ran with it had to do would have been to call JPM and speak to their public or government relations departments. They would have indicated the former Attorney General is not employed there. Reportedly, he’s back in private law practice. You’ll find him prominently displayed on the home page of the firm Covington & Burling LLP.

  5. This was a good piece by Dr. James and, as with a similar article posted yesterday by Mr. Dean, helps to highlight who benefits from the destabilization of the Middle East, and the economic war against Russia. As a clarification, the meme that Mr. Holder is working at JPM, and for a salary of US $77MM, is from a satirical piece originally posted in September 2014 by the Daily Currant. The article joked that Holder would become the bank’s Chief Compliance Officer. He is not, and does not work at JPM.

  6. Dr. James. Excellent as always. ! As ive stated with agonizing redundancy, as a retail trader, your one of the very few that can connect the dots in regard to what was “markets and today’s nonsense. I usually put things in terms of “markets” which have long since ceased to exist. Need any more evidence see this week and starting point 9am 10-2. You state “Why are the largest Wall Street Banks still afloat?” Well maybe its more simple? When IMHO one of the many said goals of the RKM in the intentional orchestrated “financial ” crisis was to indeed destroy and semblance of price discovery. . IMHO 4.5 trillion in QE was indeed just like the Patriot act. Actions sold as cures but yet the opposite in being hatched well before the events to trigger happened. How else can i not draw that conclusion?? QE as you have seen (and i truly believe there is Stealth QE with Reverse Repos and such) has been essentially the 4.5 trillion dollar short ban. All by design probably well before 08. This mechanism. i believe was to at one point destroy demand, middle class etc while guaranteeing the wealth transfer to the ruling elite. In other words its the most epic white collar crime ever committed.

  7. What a fabulous article Dr.JAMES. Jamie Dimon would look good in a orange prison uniform. BP has done so much harm to the natural environment of the US. Does this selling off the national reserves at half cost being done to keep off the run away train on the tracks a bit longer? Bankrupt ready empty shells,well put. The fracking investment seems to be unprofitable too. Putin really knows how the bankster operates and is working quite lawfully to checkmate them. Who owns those oil tankers transporting the oil looted from Syria by the isis mercenaries. Again, thank you Dr. James you blew this wide open.

    • Actually it was Mike Harris the Veterans Today Financial Editor who used his deep knowledge of international finance to figure this puzzle out. He is the co-author of this article. Early this morning he connected all the dots on this and resolved a situation where the pieces described in the CMMM just didn’t fit with what we know is going on. Everyone else missed it, but Mike connected all the dots and figured it out. Actually, Mike has been doing that a lot of this dot connecting lately.

      He is the one that figured out that the World’s largest Organized Crime Syndicate are actually sheep-dipped Khazarians. He also discovered and documented that they have been playing out a thousand year long inter-generational blood-grudge against Persia (now Iran) and non-Khazarian Russians. The deeper we dig into all this, the more evidence we uncover that what Mike discovered is correct and well supported by the actual documented events in History.

  8. Just some points to throw into the mix. 1. The Chinese have cut deals with Saudi, in exchange they will build an oil processing plant. I suspect, that maybe, this drop in the oil price might not have anything to do with Kerry, but was rather because the Chinese said: this is what we will pay. Take it or leave it. Chinese have got shares in oil in Angola. Angola has more oil than Saudi. So this is what I suspect might have happened, it dovetails with China being denied inclusion in the SDR, however that has since changed and they are no included. 2. One of the reasons that Russia has not wobbled because of the oil price is because they are no longer trading in the petro dollar.

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