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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (70640)10/30/2007 1:09:54 AM
From: Archie Meeties  Respond to of 116555
 
Some of OPEC already has decoupled from the USD, like Iran. And when it happened there was minimal effect. Mish's arguement is well reasoned, the only counterarguement is that in the period preceeding a switch from dollars to euros there may be a realignment of currency reserves. However, those reserves in the long run represent just a fraction of the flow of currency, and this realignment really has little to do with what you quote prices of a commodity in.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News