Quote:
Originally Posted by Blue Player
Get rid of them, if you have US Dollar accounts move them to Euro.
The European Union is now talking with OPEC for oil to be traded in Euros. The dollar will just continue to slide down. Russian has just said it is going to trade in Euros.
Basically good bye US dollar.
If you need an EU processor then email me info at blueplayers.com
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Has Russia agreed to Petro-Euros?? The Russia/EU oil chat has been going on for a few years now, but seems to have progressed.
Iran seems to be mumbling about Petro-Euros and sure makes you wonder what real motivations are with the US and Iran.
If OPEC does implement trading in Euros, this is devastating for the dollar - tho can't see them doing this all at one time - it's too damaging for the US.