Iran Setting Up Oil Trade Exchange In Euros


Interesting read.

Worth noting that Japan hasn't fallen apart despite persistent prices at $60+. I'll have to watch their economic reports a bit more closely. I have noticed that the long bond can't seem to find it's feet. Not sure if that is related to the new issuance coming in Feb or what is being suggested in this article.

Thanks...
 
Quote from ssternlight:

Interesting read.

Worth noting that Japan hasn't fallen apart despite persistent prices at $60+. I'll have to watch their economic reports a bit more closely. I have noticed that the long bond can't seem to find it's feet. Not sure if that is related to the new issuance coming in Feb or what is being suggested in this article.

Thanks...

The Japanese economy is essentially a diversified global economy. Many of their larger companies generate more revenue from outside Japan than from the local market. imo the Nikkei has been turning up ( http://finance.yahoo.com/q/bc?s=^N225&t=5y&l=on&z=m&q=l&c= ) not because of the domestic economy but because of the potential for Japanese companies in China. There is declining cost of living and an increasing stock market, now there's a real conundrum.
 
Dell-Boy

Excellent article.....

Thank you...again....

.............................................................................

Renewable energy has a lot of obstacles...including the VP and President of the USA........
 
Quote from BlueHorseshoe:

Nobody is going to trade in Iran. Namely, risk of confiscation and fraud is extreme, not to mention sanctions will likey bar citizens of several other countries.

If anything, Dubai will become the central financial market for the middle east, if one come into existence at all ...

Their is fraud everywhere, Greenspan was a total fraud, heck look at Refco, Enron,Worldcom, etc etc.

How does Greenspan solve a problem MORE DEBT!
 
Quote from libertad:


.............................................................................

Renewable energy has a lot of obstacles...including the VP and President of the USA........

ROFLOL
 
Quote from libertad:

Dell-Boy

Excellent article.....

Thank you...again....

.............................................................................

Renewable energy has a lot of obstacles...including the VP and President of the USA........



What most people, I'd say the 95% that consistently lose money in the markets, don't understand.......is that if the govt spent only 1% of the yearly armaments and intelligence gatheirng expenditure in funding research towards alternative renewable energy resources, you'd have a whole new industry created that will not only create many new jobs, but also decrease substantially the reliance on foreign crude. imo the issue is most people are just plain ignorant and lazy to take the time to learn about the issues. They want to be spoonfed and told what to think, unfortunately the ones doing the feeding is big oil and their corrupt cronies in govt.
 
Back
Top