Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (42329)	12/7/2005 5:01:39 PM
From: Square_Dealings	Read Replies (1) of 116555

Maybe my position is more clear if I say that oil will be sold in gold. That is you will need a gold backed currency to buy it. Eventually we get to the point where dollars will not be accepted for trade in oil. When Saudis take their money home they dont need liquidity so gold is fine. Not like they are daytrading GOOG and they dont need the money right now imo. Anyway should be interesting. m

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