Pages

October 07, 2007

OPEC to consider money change?

Consider ditching your T-bills. Speculation continues to mount that OPEC will dump the dollar as the sole currency of payment. As the Euro continues to soar, and the dollar sinks even beneath the Canadian loonie, can you blame OPEC? But, will the cartel, under what will surely be intense U.S. pressure not to co-denominate, presumably with the Euro, go through with any such move?

No comments:

Post a Comment

Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.