Iran Setting Up Oil Trade Exchange In Euros

Discussion in 'Commodity Futures' started by libertad, Nov 4, 2005.

  1. #22     Nov 5, 2005
  2. 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...
     
    #23     Nov 5, 2005
  3. mhashe

    mhashe

    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.
     
    #24     Nov 5, 2005
  4. Wasn't Iraq's intention to quote oil in EUR the major reason for the US to invade this country ?
     
    #25     Nov 5, 2005
  5. #26     Nov 5, 2005
  6. Dell-Boy

    Excellent article.....

    Thank you...again....

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

    Renewable energy has a lot of obstacles...including the VP and President of the USA........
     
    #27     Nov 5, 2005
  7. 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!
     
    #28     Nov 5, 2005
  8. ROFLOL
     
    #29     Nov 5, 2005
  9. mhashe

    mhashe



    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.
     
    #30     Nov 5, 2005