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View Full Version : Iranian oil bourse hits wall


rueben
03-16-2006, 10:35 AM
Always so much conflicting information, isn't there?

http://www.iranian.ws/iran_news/publish/article_14125.shtml

"As the nuclear standoff pitting Iran against the West continues, some conspiracy theorists are more focused on another plan that the Middle Eastern nation is pursuing. But they are jumping the gun if they still figure Iran is within days of launching a new international oil exchange that would sell its own and other Middle Eastern oil producers' black gold in euros rather than U.S. dollars -- and which, the theory goes, could ultimately torpedo the greenback and the U.S. economy.

Despite repeated reports over the past 18 months or so that the planned bourse would finally open for business on March 20, 2006 -- and go head to head with the New York Mercantile Exchange and the ICE Futures Exchange in London -- the start date has been postponed by at least several months and maybe more than a year."

Lonestar
03-16-2006, 11:03 AM
Another positive story. Keep them coming.

tattatu
03-16-2006, 11:15 AM
of current events that relate to countries diversifying their assets and favoring the use of Euros over Dollars. US is losing world market share at precisely the time when it should be expanding to create favorable trade balances -- NAFTA (its failure) is seen by countries as yet another US agenda. As evidence, just watch the USD drop...

insuratei
03-16-2006, 06:10 PM
http://www.atime.com/atime/Middle_East/HC10Ak01.html

spectrans
03-16-2006, 06:27 PM
http://www.atime.com/atime/Middle_East/HC10Ak01.html
Don't click on this link ----Spyware

inquisitive
03-16-2006, 06:54 PM
Thanks Spectrans....another catagory where we can help each other. Give it up for the good guys!:happy64::happy64::happy64:

FREEON
03-24-2006, 03:03 AM
of current events that relate to countries diversifying their assets and favoring the use of Euros over Dollars. US is losing world market share at precisely the time when it should be expanding to create favorable trade balances -- NAFTA (its failure) is seen by countries as yet another US agenda. As evidence, just watch the USD drop...
Well, do bet on the US$ drop. Just watch the chart below link.

http://asiachart.com/world.html