I came across a few articles discussing the Iranian Oil Bourse, or Iranian Stock Exchange, and discovered some very disturbing news. Please read, since I doubt you will ever see this on the evening news:

As all countries currently buy oil in U.S. Dollars through the New York Mercantile Exchange and the International Petroleum Exchange, it keeps the demand for the Dollar artificially high. Since the establishment of the Euro, we are now fully engaged in "Euro vs. Dollar" warfare. In the year 2000, without the approval of OPEC, Saddam declared that he will begin selling oil for Euros instead of Dollars...a first for any country. There were rumors that other oil-bearing nations would make the change from Dollars to Euros as well. Economic analysts claim that a switch in the world’s currency from Dollars to Euros will cause a complete collapse of the Dollar, pushing the U.S. into a depression like we have never seen, due to our tremendous trade and budget deficits.

Not long after Saddam changed from the Dollar to the Euro, the U.S. attacked Iraq for no reason other than oil and to save U.S. currency. Amazingly, George Bush’s “Mission Accomplished” stunt occurred shortly after the invasion and Euros were switched back to Dollars.

In 2003, Hugo Chavez begins discussion of selling oil for Euros. Shortly after his intentions were made public a CIA-backed coup kidnapped Chavez. However, his own army defeated the coup and he was released unharmed.

In the year 2003, Iran begins selling oil for Euros causing the Euro to increase sharply, and the Dollar to drop. Iran’s Oil Ministry makes the decision to open their own stock exchange, rivaling the two American-owned stock exchanges, on the Free Zone Island of Kish (conveniently located in the Persian Gulf). After many years of postponement due to various pressures, the Iranian Oil Bourse opened in June of this year. This has not been reported on any major news network (surprise), and is not even discussed on internet news sites. Since Iran is now actively selling oil exclusively for Euros, with many oil-gluttonous countries giving verbal commitments to dump Dollars and stock up on Euros to buy oil (China, India, Japan), where does this leave the U.S.?

Worse yet, as of March 2006, the Federal Reserve began hiding reports (M-3) to make it impossible for anyone to understand the full impact of the global dumping of the U.S. Dollar.

What will the response be? Will the war hawk - President Cheney - nuke Iran for not having nukes? Will the public buy this excuse? Is the reason for the buildup of warships in the Gulf to destroy the new stock exchange on Kish Island? It all seems to be coming full circle…

Here is the only article I have found after hours of research discussing the June opening of the bourse:

http://www.ft.com/cms/s/9ab5b9b8-1f77-11dc-ac86-000b5df10621,dwp_uuid=be75219e-940a-11da-82ea-0000779e2340,Authorised=fals...

http://www.lewrockwell.com/paul/paul303.html (By Ron Paul, the only presidential candidate who is being honest about the situation and has a solution to the problem)

http://www.iranian.ws/iran_news/publish/article_20982.shtml

http://archives.cnn.com/2000/WORLD/meast/10/30/iraq.un.euro.reut/

http://www.theglobalist.com/DBWeb/StoryId.aspx?StoryId=3193

http://www.projectcensored.org/publications/2004/19.html

http://www.thinkandask.com/news/thedollar.html