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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (30054)2/28/2008 11:05:12 AM
From: RJA_  Read Replies (1) | Respond to of 217802
 
>>Elmat will ask to be paid in CFA -the currency of Francophone Africa or the Rand.

Why not CHF? Too close to Euroland?

Why not NOK... they at least have resource...



To: elmatador who wrote (30054)2/29/2008 9:33:53 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 217802
 
Here's the script: Hyperinflation threatens to destroy all USD world reserves. OPEC countries move away from the USD. China will move away from USD.

This further remove the floor under the USD.

USD holders scramble for assets to protect the value of their holdings.

Rampant speculation in every tangible asset.

Are we discussing the future or the present? :-)

Elmat will ask to be paid in CFA -the currency of Francophone Africa or the Rand.
Ahhh.... Africa is a basket case and will remain so as long as they decide to have a civil war every time an apple falls from a tree. China, Russia, the US, Europe may chop it up again to take its natural resources but it is in no position to stop any of them.