Godlike Productions - Reply to Thread

Users Online Now: 1,855 (Who's On?)	Visitors Today: 717,716
Pageviews Today: 950,190	Threads Today: 259	Posts Today: 3,819
08:15 AM

REPLY TO THREAD

Subject BREAKING: New Oil Bourse on March 20th 2012 --> Bye Bye Petrodollar

User Name

Font color: Font:

In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.

Original Message ".... wait for March 20, when the Iranian oil bourse will start trading oil in other currencies apart from the US dollar, heralding the arrival of a new oil marker to be denominated in euro, yen, yuan, rupee or a basket of currencies.

That would suit Asian clients - from BRICS members India and China to US allies Japan and South Korea, not to mention NATO member Turkey. But that would also suit European clients, to pay for oil in their own currency.

Tehran - as well as many key players in the developing world - does want to sink the petrodollar."

[link to www.atimes.com]

Thats it folks. 33 days to go to prevent it from opening .....

:Gunman1:

Pictures (click to insert)





\| Next Page >>