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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: stockfiend who wrote (60308)	5/5/2006 6:46:55 AM
From: LLCF	Read Replies (1) \| Respond to of 110194

<It's hard to dictate terms when you’re thirsty.> The Europeans are quite capable of trading oil in Euro's themselves, and the Iranaians would be exstatic to trade there. As I said, picture a Swiss Bank with billions in Iran in order to trade oil in Euro's instead of just trading in London in dollars and crosshedging out of the dollar. Now try and stop laughing. You may as well walk into the Kazbah with expensive jewelery hanging off you body. <Ever see those African nature documentaries shot during the dry season, where they show the water disappearing and all the fish crowded together in that last puddle of sludgy mud?> I think you're missing the analogy. No one is saying that IRAN can't just demand Euro for their oil... in fact, I think they do. BUT, that doesn't mean anyone is going to come to their country to trade oil. In your analagy fish have jet aircraft and can fly to any puddle on the planet. DAK