The falling dollar and rising energy prices...

Yes, the pirate speaks the truth.

Just waiting for the Saudis to announce moving their oil over to Euros - should happen any day now - and then pull all of their dollar investments - they already gave the first indication this week by not changing their interest rate as they have every other time the US has

now you idiots know why i have an arsenal and body armor and have allot of silver and gold.


you dumbfucks will never learn until its to late.

For all the "Global Marketplace" talking that the politicians do it amazes me that they take actions that weaken our position in the global marketplace. There is too much govt involvement in business. They need a more Darwinist approach to how they operate.

Here's the funny part that nobody has really mentioned: High oil prices are a very specific "terrorist" style attack on the US.

Combined with the falling dollar, which almost isn't in the US government's control anymore means that Americans are seeing huge increases in the price of oil. Because oil is priced in US dollars, it directly affects americans.

The rest of the world isn't feeling the same pinch.

When oil was $30 a barrel and the Canadian exchange rate was .65, oil was effectively costing us almost $50 a barrell. Now at 1 to 1, we are at $80, about a 60% increase. Americans are face a price that is 270% higher.

While oil has climbed to it's highest price every, price of pump gas in Montreal has been hovering around $1 a litre, sharply lower than it was this time last year... we peaked out well over $1.20 a litre.

Every time the US dollar drops, the price of oil ticks up and the vise gets tighter on the US. Who controls the oil? Think about it.

raw alex is so smart... kinda makes me onder if he is a teacher and got into porn because he fantasizes about the kids he teaches?

you never know....

:-) :-) :-) :-)

Yeah interesting movement from the Saudis.

In 2001 Saddam Hussein also wanted to sell his oil in Euros. Result? US (and friends) invaded his country, installed a new government, and killed him. Now the oil is being traded in dollars again.

Oil can only be traded in USD - if it wasn't for the oil the dollar system would collapse.
Should any country get the insane idea of trading oil in other currencies than the dollar - then USA would intervene with its superior military power.

Modern pirates! Yarh!

Oil can be traded in any monetary system OPEC chooses - and in the last two weeks they have indicated a strong desire to go to the Euro - most overseas investors are predicting it literally any day - and Im afraid that invading a whole bunch of countries doesnt happen when you just lost all of your money - you cant support an invasion of 9 countries