Value Microcaps Motherboard

[roguedolphin]

Oil prices, supply/demand and the US dollar....

I heard some good "provocative" analysis on the current strength of the US dollar of late and oil prices.

This is an excellent weekend "wrap-up" financial program.....I listen every week to the entire program if possible....

http://www.netcastdaily.com/fsnewshour.htm

Oil has basically almost tripled in price in the past two years. It has been said by some that since oil is priced in US dollars worldwide that this has put an "artificial bid" underneath the fundamentally unsound US dollar.

Since countries around the world that buy/import oil must buy US dollars to "pay" for oil.... This has "created" a somewhat artificial demand for US dollars. THE RISING PRICE OF OIL MAY HAVE BEEN BULLISH FOR THE US DOLLAR.

How this may "unwind" is interesting? Is there a "vested interst" to keep oil priced in US dollars and "high" in price to keep the unsound/unsustainable US dollar proppped up???

Just wondering?

Rogue