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I wonder how this is working out for them?

RedneckHBRedneckHB Posts: 19,674 ✭✭✭✭✭
in Precious Metals
Iran Ends Oil Transactions In U.S. Dollars

At the time of the article, the Euro was 156. Its been down ever since. I LOVE this stuff.

How many other stories did we hear about the abandonment of the dollar over the past 2 years?
Excuses are tools of the ignorant

Knowledge is the enemy of fear

Comments

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭


    << <i>Iran Ends Oil Transactions In U.S. Dollars

    At the time of the article, the Euro was 156. Its been down ever since. I LOVE this stuff.

    How many other stories did we hear about the abandonment of the dollar over the past 2 years? >>



    It could still happen you chicken counterimage

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Devine justice.image
  • jmski52jmski52 Posts: 23,238 ✭✭✭✭✭
    Does this mean that Iran is getting screwed on their oil shipments now?image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 37,632 ✭✭✭✭✭
    Quite well I'm sure. They're just getting more euros per barrel. Their real problems arise if they don't quickly turn those euros into something else, like GOLD!

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • KUCHKUCH Posts: 1,186
    Yea, let them buy gold
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