Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (58160)	4/29/2002 4:34:07 AM
From: Steve Lee	Read Replies (1) \| Respond to of 99280

"Oil and several other products are priced in $ so the their import price is independent of the $" If the $ goes down, the price of oil in $ will go up, all else being equal. What you are saying is that in a market with many buyers and sellers, price is dependent only on supply and demand from one player. I disagree. I think the supply and demand of the countries that convert their oil buying money from local currency to $, and their oil revenues from $ to local currency, also effect price.