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

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To: Real Man who wrote (71362)11/19/2007 11:51:49 AM
From: mishedlo  Read Replies (3) of 116555
 
Oil to be Priced in ...?
globaleconomicanalysis.blogspot.com
OPEC has changed their mind and is now considering pricing oil in a basket of currencies. I gives this basket a name, calling it the WHISIT. Would anyone really buy oil or anything else in WHISITs? The answer is no and again even if OPEC did price oil in WHISITs it would not matter one iota. A challenge has been made if you can refute my logic.
Mish
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