Iranian Oil Bourse opens this month

Discussion in 'Wall St. News' started by Pekelo, Feb 6, 2008.

  1. Pekelo



    "Iran's Finance Minister Davoud Danesh-Jafari told reporters the bourse will be inaugurated during the anniversary of the Islamic Revolution (February 1-11) at the latest.

    "All preparations have been made to launch the bourse; it will open during the Ten-Day Dawn (the ceremonies marking the victory of the 1979 Islamic Revolution in Iran)," he said."

    Communication cablecuts anyone???
  2. Brandonf

    Brandonf ET Sponsor

    I have heard rumors that they planned to open an exchange and price the petro products in Euro's, not the US Dollar. I'm not sure if this is true or not, but if it is I bet they find nukes someplace in the desert and we bomb the Bourse for its "strategic milatary value". This administration is obviously ok with a weak dollar, but worthless one, well them'd be fightin type words.
  3. This will be interesting.

    Oil is pulling back, which is a prime opp. to get in.

    Today was a great day to add to longterm shorts in the INDU rally.

    OIL is going to be a factor to push the INDU even lower,
    give it time.
  4. supposedly opening tomorrow.
  5. are they going to have a ribbon "blowing up" ceremony
  6. No but the brokers will all have boxcutters with them, don't piss them off!
  7. Pekelo


    No, but the cablecutter submarines are in place already! :)
  8. didn't they cut them already, i thought they did last week
  9. qwert


    why wont iran give up their share of the Caspian sea oil, its not nice[anytime iran is the news type in Caspian sea into yahoo finance]