A Docudharma Exclusive — I’ve been a dollar-follower for a long time.

I remember when, in January 2003, Saddam Hussein announced that Iraq would no longer accept US Dollars for oil. Three months later we invaded Iraq and Saddam was a dead man walking.

I remember why Saddam did it. He was pissed about U.S. sanctions against Iraq.

I remember why the sanctions were there. Phonied up “reports” that Iraq was trying to develop nuclear weapons.

I never forget how stupid Americans are.

I never forget that you can fool them twice in a row with the same bullshit tricks.

2000 <---> 2004. Gawd, Americans are dumb.

Iraq <---> Iran. They’re almost too brain dead to breathe. But like Terry Schiavo, not quite brain dead enough to cease to exist. Unfortunately, for the rest of the world — they are stuck with the responsibility of pulling America’s feeding tube in order save the planet.

TEHRAN (Thomson Financial) – Some 85 pct of Iranian oil is sold in a currency other than the US dollar, the Iranian oil minister said, cited by the central agency of information on state television.

Seyed Mohammad Khatibi, vice president of the National Iranian Oil Company (NIOC), said at present 65 pct of oil sales are made in euros and 20 pct in yen.

‘Only 15 pct of oil sales are made in dollars and we are progressively replacing this with more credible currencies,’ he added.

The value of the US dollar has fallen some 30-25 pct since 2004, he said, and ‘keeping capital in dollars means a significant fall in the value of our assets’.

‘We have therefore decided to replace the dollar with other currencies,’ he said.

A Docudharma Exclusive — The Sixties were an exciting, revolutionary, turbulent time of great social and technological change — front-page fashions, unique musical styles, a call for sexual freedom and gay rights, a controversial and devisive war, a strong anti-war movement, civil rights confrontations….

Hold on a minute! Did I say the Sixties?

Well… they’re back!

October 1, 2007 — JENA, LA. — Things went from bad to worse for the Blacks of Jena and especially for the Jena 6 the day following the rally where more than 20,000 Blacks converged on the little town in LaSalle Parish, La.

Friday, just one day after the rally, Tina Jones, mother of Bryant Purvis, began receiving phone calls from individuals claiming to be from the KKK and other hate groups.

“This is Michael Burks. I’m with the American National Socialist Workers Party,” said one caller, bold enough to leave his name. “I want to interview your nigger son that beat up the White boy with a gang, just like a coward. So you can call me at 502-474-5373. White Power.”

Oh, where have you been, my blue-eyed son?
Oh, where have you been, my darling young one?
I’ve stumbled on the side of twelve misty mountains,
I’ve walked and I’ve crawled on six crooked highways,
I’ve stepped in the middle of seven sad forests,
I’ve been out in front of a dozen dead oceans,
I’ve been ten thousand miles in the mouth of a graveyard,
And it’s a hard, and it’s a hard, it’s a hard, and it’s a hard,
And it’s a hard rain’s a-gonna fall.

The Dollar got pummeled against all major currencies yesterday. It’s a dangerous time for the greenback because its value has plunged below its all-time lows (set back in 1992). Often, major break-outs below key levels lead to a whole new wave of selling. (The pile-on effect.) It’s playing out right before your eyes and it’s going to get very ugly for the Dollar before it gets better.

This could be great news for YOU — if you play your cards right!

Back to the Future — Do you remember in the movie when Biff got his hands on that sports almanac, and took it back to the past? That outdated little almanac suddenly became the most valuable item on the face of the planet — because the person who possessed it knew how reality was going to unfold — and could wager big money on it.

The winner of the World’s Series was a “sure bet” in Back to the Future. Well, another “sure bet” is that the dollar will be crashing for the next 6 months. Sure things don’t come along very often — maybe once in a lifetime if at all. But we have one now:  As long as you bet against America you can build a lot of wealth, fast — and you can definitely protect the wealth you already have.

I’ll demonstrate one of the ways I’m doing it, below the fold.

The dollar is got pummeled against all major currencies today.  It’s a dangerous time for the greenback because it has plunged below its all-time lows (set back in 1992).  Often major breaks below key levels can lead to a whole new wave of selling. I’m seeing that start to play out against the dollar today.  It’s going to get very ugly for the dollar before it gets better. 

This is fabulous news for YOU!

Remember when Marty McFly got his hands on that sports almanac, and took it back to the past? That cleap little almanac became the most valuable item on the face of the planet — because the person who possessed it knew how reality was going to unfold — and could wager on it.

It was a sure thing! And so is the dollar (for the next 6 to 18 months) — as long as you bet against America you can be a millionaire lickity split. I’ll show you one way I’m doing it, below the fold.

SATIRE — This is a petite follow-up to my recent Essay — My Big Fat Rant: Saudi Arabia Set to ABANDON the U.S. Dollar — wherein I discuss strategies for protecting yourself against the accelerating crash of the USD.

How bad is it?

Secretary of State Rice has acknowledged a communique from Israeli foreign minister Tzipi Levni which requests that all foreign aid payments and loans from the United States be made in Euros rather than in Dollars. Foreign Minister Levni cited the rapidly declining dollar and it’s disfavor as a world currency as reasons for the request.

FYI (and ROFL) — the Euro is now worth about 1.4 US Dollars.

The title of this Essay is taken from one of the many private newsletters that folks like me (a currency trader) subscribe to. In the past three years of trading, however, I have never seen anything like the “Red Alerts” that have bombarded me this week.

International Investors Are Abandoning the Dollar, Driving It Toward  All-Time Lows Fast: The US Dollar Index has just fallen well below critical support levels – to within a fraction of a point of its lowest level in history. And it’s signaling even more dramatic declines ahead….

Do you have any idea how much this is going to impact your life before the end of the year?

Before things start to get worse…?

Investors Are Shunning U.S. Bonds, As Demand Sinks a Staggering 80% in One Month: The U.S. Treasury just reported that purchases of U.S. bonds collapsed from $97 billion to just $19 billion in July alone.

Do you know how this has already affected your life and the well-being of your family?

Read on. You haven’t even heard the bad news yet…

Of course, by now we all know that the dollar is losing value at a swift pace. But do we know how that will affect our everyday life in the next 18 months?

More important, is there a way to protect ourselves? Hey, maybe there’s even a way to have fun with it and get rich at the same time.

Just about everything written on this topic is aimed at businesses and institutional investors. There’s never any clues for the little guys. We’re just collateral damage, after all. We share the same status as Iraqi civilians, in that regard.

Of course, by now we all know that the dollar is losing value at a swift pace. But do we know how that will affect our everyday life in the next 18 months?

More important, is there a way to protect ourselves? Hey, maybe there’s even a way to have fun with it and get rich at the same time.

Just about everything written on this topic is aimed at businesses and institutional investors. There’s never any clues for the little guys. We’re just collateral damage, after all. We share the same status as Iraqi civilians, in that regard.