Originally posted by Bushbaby
Is oil still traded in USD?
I remember reading some time ago that some of the oil producing nations wanted to switch trade to the Euro. There was even speculation at the time that it was this, rather than any real concern for terror networks that promted the invasion of Iraq.
A few members of the OPEC nation mentioned something to that affect, that why don't they trade in the EURO
As for the invasion of Iraq, I wait for the reports to JFK's murder which the FBI have to make available to the US citizens next year.
Because Iraq is starting to smell more like a Vietnam everyday .. and the link .. big business was 'supposedly' linked to the killing of JFK as he opposed was to war in Vietnam .. war is big business
big business is certainly involved with Iraq
And the dollar .. a currency is oft under attack around a volatile election time