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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (31480)4/30/2005 8:52:57 PM
From: chainik  Read Replies (1) of 110194
 
<Arabs start valuing oil in gold>

<Why do people keep saying this?
It is silly>

It is certainly silly, except for the psychological impact. Such shift would imply that a particular group (Arabs in this case) has more trust in gold than in USD. And if eventually there is no trust in USD by the majority of population....

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