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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.11+0.1%Dec 4 4:00 PM EST

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To: Haim R. Branisteanu who wrote (91860)6/25/2012 5:04:27 PM
From: elmatador1 Recommendation  Read Replies (2) of 218179
 
What if OPEC has too many Euros and are propping up Eurozone with lower oil prices to save the currency they hold as reserves?
Saudi Arabia, the world’s top crude exporter, has added to supplies, cranking up output to a 30-year high.
...

“Our actions have helped the oil price drop … which has acted as a type of stimulus to the European and world economy,” Ali Naimi, the Saudi oil minister, said recently.
ft.com
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