My hypothesis is that oil being priced in Dollars is a major component of the Dollar being the reserve currency of the world, not the only component of this phenomena my gut feeling without empirical study is that it  about 33.33 percent of it.

I would say that the recycling of dollars by OPEC(etc)  buying US bonds helps support the bond market/stock market, and less so the buying of weapons as important components of this concept  which I think especially the bond market aspect of it allows the US to borrow more money to run it’s government and  creates virtuous circles in several areas.
I believe systems are made up of many components and can not be defined by one thing but rather systems are made up of many interrelated moving parts. although it is possible to point out important aspects or major elements of a system like the pricing of oil in dollars relationship to the dollar as the reserve currency of the world.

My hypothesis was challenged by a customer in the cab. It turns out to be a good thing as I will read more about this theory of mine and flesh it out later.
My cab customer thought it was irrelevant what currency oil was priced in.

If any of you have an opinion as to whether the pricing of oil in dollars is relevant or not to the Dollar as reserve currency please post your opinion in comments section.

China trying to break out of US containment in Gadwar, and in South China sea, on China’s Eastern flank the US is using Japan as proxy to contain China.

If China breaks out at Gawdar in Pakistan though you got a game changer going on.

For the moment the US has China almost completely geographically contained except for on the Russian side of China. US navy still controls the seas, controls all choke points at Strait Malacca etc. China is trying to break out also in the South China Sea and Senkaku Islands but ;
China going for a game changer at the port of Gwadar Pakistan, which creates a port and a potentially overland path from China to energy rich Middle East.
At the same time Iran is talking of building a pipeline to the  port to Gawdar.

Side note US has reinflated economy for now through Quantitative easing, allowing ruling cliques to keep control, and working class to limp along in a painful manner of being squeezed by lower pay, higher inflation for essentials and cutting of government support for certain services used by the working class.

US working on developing LNG (liquid natural gas) for export to keep Europe from integrating and being controlled by Russia. US was going to use Nabbuco pipeline but now it looks more expedient to use American natural gas to this end.

US trying to create TPP to go with more muscular posture against China.

All the while trying to create a new trade zone with the EU to strengthen Atlantic partnership between the US and Western Europe.

http://taylor-65.blogspot.com/2011/05/game-changer-port-of-gwadar-pakistan.html

http://taylor-65.blogspot.com/2011/05/huge-proxy-battle-going-on-between-us.html

http://taylor-65.blogspot.com/2010/09/string-of-pearls.html

http://www.upi.com/Business_News/Energy-Resources/2013/03/07/Trouble-brews-for-Iran-Pakistan-pipeline/UPI-32201362681559/

http://en.wikipedia.org/wiki/Gwadar

http://en.wikipedia.org/wiki/String_of_Pearls_%28China%29

Epigenetic -changes of altered DNA that are passed down.

Cytokines-cause body ache when you have the flu.

Symbiotic Ancient adversary. The flu virus.Relationship with humans like booze and dogs.

My flu has come back for about 4 days now.  Put me in the slowdown mode while I take Acetaminophen and sleep to try and mitigate the effects of this terrible thing we call the flu.

I wonder if these mild flu’s help to keep our beautiful immune systems in good shape?

There is a whole world of evolutionary science related to fungi, and viruses, and their relationships to humans..hmm very interesting.

My wild hunch with no empirical data other than that prices of food and gas are going way up. Is that the Federal Reserve Bank of the United States is going to late interest rates rise in the near future.
 

The cab industry in San Francisco is being revolutionized by smart phone technology, as companies like Uber, Flywheel, and others change the way people order cabs.
People are now ordering cabs and other transportation services like limos and “shared rides” by smart phones which are cutting out cab company distribution systems and city regulations.
The way it stands right now why should some one pay 300,000 for a cab medallion when they can buy a black car for 10,000 dollars and go into business using a smart phone distribution system to find business.

US Postal Service to cut Saturday Delivery on Aug 5, 2013.  Really a sad day to see US Post Office under siege from short sighted policy makers.

The postal service has three major problems

1). Is people paying bills on line which takes away from someone paying 47 cents for a stamp to pay their electricity bill, but even with this problem post office is still breaks even.

2.)Congress passed a law in 2006 Called (PAEA)Postal Accountability and Enhancement act which makes the Post Office pay it’s pension benefits up front at a clip of 5.5 Billion a year this was the back breaker.

 http://thinkprogress.org/economy/2012/07/19/546851/postal-service-default-congres/?mobile=nc

3) Forces that want to privatize the Post Office and buy up the land and buildings that the Post Office currently owns.

It comes down to this. The government has Trillions of dollars of subsidies for Wall Street and the too big to fail banks, but can not fund a basic service like Saturday mail that has gone on for all of my over 40 years of life. Something is wrong here.

I am sure this Saturday cut is just an opening foray in the attack on the postal service. Peace

What does it mean. Probably not that much but I think it is an interesting story and I could come up with about 7 hypothesis about it.
Germany says that the United States and France where holding the gold for Germany to keep the gold out of reach of Soviet Union during cold war.
My unempircal/taking a wild guess  opinion of why the US/France were holding German gold.   I would suspect without any reading on the matter but just a gut feeling that the holding of gold has more to do with war reparations ,Marshall plan and the now defunct Bretton Woods system of money management which had a component of gold to the exchange mechanism.

The Bretton Woods system came to and end around 1971.

http://finance.yahoo.com/news/germany-wants-gold-back-worry-062115584.html

I am Half way through finishing Cormack Mccarthy’s satanic cowboy tale(Blood Meridian) taking place in the late 1840’s in Mexico and Texas region of North America.
McCarthy’s story follows a group of US mercenaries who get paid to scalp Indians by Mexican authorities.
McCarthy has mentioned Churches’ and priests at least 8 different times in the story, sometimes the churches are destroyed, sometimes the religious people are shown in a less than flattering light.
Mccarthy has a tremendous arcane vocabulary, and can paint vivid hallucinogenic images of scenery.
McCarthy also seems to have much knowledge of geology and plants.
A great line from the book page 163

            “In the smoking dawn the party riding ragged and bloody with their baled peltries looked less like victors than the harried after-guard of some ruined army retreating across the meridians of chaos”.

Colin Kaepernick blew my mind yesterday as he lead my home team the San Francisco 49’ers to a playoff victory over the Green Bay Packers 45-31.
Kudos to Kaepernick, and the 49’er coaching staff for having the vision and guts to go with this young quarterback.