Jump to content
House Price Crash Forum
Sign in to follow this  
malco

Good Article On Iranian Oil Bourse & The Dollar

Recommended Posts

If this topic interests you it is worth your while to study this full article examining the reasons for the Iranian oil bourse and why it will not lead to a collapse of the dollar:

http://www.energybulletin.net/13780.html

The Editor of Energy Bulletin adds a valuable summary at the end of the article and points to other opinion, commenting on what the disputers have in common and what they disagree about.

The evidence that a war with Iran is due to the oil bourse does not look strong, in this presentation.

Comments especially invited from those with specialist knowledge of currency markets, or the oil trade, whereas those merely with a bee in the bonnet are less welcome.

Share this post


Link to post
Share on other sites

If this topic interests you it is worth your while to study this full article examining the reasons for the Iranian oil bourse and why it will not lead to a collapse of the dollar:

http://www.energybulletin.net/13780.html

The Editor of Energy Bulletin adds a valuable summary at the end of the article and points to other opinion, commenting on what the disputers have in common and what they disagree about.

The evidence that a war with Iran is due to the oil bourse does not look strong, in this presentation.

Comments especially invited from those with specialist knowledge of currency markets, or the oil trade, whereas those merely with a bee in the bonnet are less welcome.

He states that there are no signs of dollar asset liquidation. But there are signs that China, Japan and others are diversifying their dollar holdings, suggesting that confidence in the dollar among the largest holders of dollar-assets is weakening.

I believe that the Bourse will only be another link in the chain which will lead to the collapse of the dollar, rather than the main cause.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.