SI
SI
discoversearch

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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (33012)10/10/2003 10:34:15 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 36161
 
I s'pose with IVAN going bonkers and Iso acting like alittle child in a candy store this morn.........we can expect to read about more shopping for art work at those flea markets for his walls!

Jane (IVAN...yeah!)



To: Eva who wrote (33012)10/11/2003 6:26:39 PM
From: menanna  Respond to of 36161
 
Hi Eva:

<Not only Russia - the article says ME may follow suit.>

That is the big question "What will the ME do?"

The pricing of oil in euro will not be big surprise in Europe. Much speculation about it has been going on, particularly in relation to the expansion of the European Union.

When I was there in the summer the question in the economic circles was about what the Islamic countries and the Islamic banks would do when (and not if) oil in the Eurozone was going to be prized in euro.

Would they follow suit and accept Euro or would they use the occasion to ask payment in Islamic Gold Diners?

No one obviously knows, but many, (at list in the circles where some of my family members work, i.e. Banca Nazionale Italiana) speculate that they will accept euro initially, but may request Gold Diners in the future.

I have been doing some research in the last couple of months to try to understand how gold could be used by countries interested in ending or diminishing the USA’s economic and political hegemony. Of course this does not include Islamic countries only. The European Central Bank Gold Agreement (a.k.a. the Washington Agreement) clearly set the tone to place the Euro as a strong competition to the USA$.

The more I read the more I get confused by the complexity of the issues related to quest for economic power.

For those who are interested in this topic, here are some links in English you may want to take a look at.

From a North American perspective:
rense.com
321gold.com
larouchepub.com
socrates.berkeley.edu
minesite.com
gold-eagle.com

From an Islamic and ME perspective

e-dinar.com
islamicmint.com
thefiqh.org
islamic-banking.com

PS.: Eva, I like your market moves, read all of your posts, and like your sense of humour. Go on girl, keep us informed, on topic, and amused. My best wishes for the perfect wind whenever you sale, by at sea or in the market.

Ciao and Cheers

Anna