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View Full Version : OPEC is starting to talk about dumping Dollars for Euros




wisconsinite
11-19-2007, 02:39 AM
RIYADH, Saudi Arabia (AP) -- Iranian President Mahmoud Ahmadinejad said Sunday that OPEC's members have expressed interest in converting their cash reserves into a currency other than the depreciating U.S. dollar, which he called a "worthless piece of paper."

Here's the rest of the article: http://edition.cnn.com/2007/BUSINESS/11/18/opec.dollar.ap/index.html

hard@work
11-19-2007, 03:00 AM
The sad part is this isn't really new. The oil bourses have all been itching to ditch the dollar for some time now. If I recall Iraq started first, then Iran ...

noxagol
11-19-2007, 03:05 AM
The list of liberation is created! We must go liberate the peoples of these countries!