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Re: ChannelTrader post# 1574

Friday, 12/28/2007 9:20:54 AM

Friday, December 28, 2007 9:20:54 AM

Post# of 1779
I had a hair-brained thought during my last sip of morning wakeup coffee. I'll toss it out here for the board as a topic to pontificate should anyone want to comment.

Question: What would keep certain OPEC nations from forming their very own currency, and stop pegging oil to the Dollar and the Euro or any OTHER currency completely?

Afterall, it seems to me that the greatest asset in the world right now is oil, and there are those who say it will remain that way until it's completely depleted, (at which time we'll either go back to the bicycle and horse and buggy mode of transportation, unless we have made peaceful contact with those UFO creatures by then, and they'll either transport us around on their taxi-craft, or teach us how to construct our own).


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