Which Currencies Rise With Oil?
Feb. 24 2011 | "The oil price is going up because of risk… therefore analyze currencies via risk," David Bloom, global head of foreign exchange strategy at HSBC, said. This is why the Canadian dollar, among others, was not boosted by the recent spike in oil prices, he added.
Thursday, February 24, 2011
Libya Revolution and Oil Addiction
February 23, 2011 CNN :
Our Total Dependence On Oil Is like Building A Home Next To A Volcano & Now The Volcano Is Rumbling
Our total dependence of the value of money, purely being based in the confidence for the return is like building the society like a casino. The bank always wins. Oil be one resource, better look at the root, the insane confidence in banks and interest based currency. It's like trusting there will always be calm waters when boating without life-west.
Our Total Dependence On Oil Is like Building A Home Next To A Volcano & Now The Volcano Is Rumbling
Our total dependence of the value of money, purely being based in the confidence for the return is like building the society like a casino. The bank always wins. Oil be one resource, better look at the root, the insane confidence in banks and interest based currency. It's like trusting there will always be calm waters when boating without life-west.
Wednesday, February 23, 2011
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