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.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (71412)6/10/2008 12:49:45 PM
From: biotech_bull  Respond to of 544260
 
The current spike is not

Some of it is probably Peak Oil, although the Saudis are not going to emphasize it.

Here's a possible explanation for the Euro's recent dip

EU and U.S. seek to turn up pressure on Iran
By Jeremy Pelofsky and Zoran Radosavljevic

An Iranian newspaper said Iran was withdrawing assets from European banks and converting some foreign exchange assets into gold and equities to neutralize the impact of sanctions.

reuters.com