March 20, 2006

[Earth_First]

It's going to be an interesting couple of weeks...

Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse

"...the oil bourse will start trading on March 20, 2006, coinciding with the Iranian New Year."(16)

http://www.energybulletin.net/7707.html


(16) “Iran's oil bourse expects to start by early 2006,” Reuters, October 5, 2004

Syria switches to euro amid confrontation with US

DAMASCUS (Reuters) - Syria has switched all of the state's foreign currency transactions to euros from dollars amid a political confrontation with the United States, the head of state-owned Commercial Bank of Syria said on Monday.

http://today.reuters.com/news/newsArticle.aspx?type=worldNews&storyID=2006-02-13T153028Z_01_L13432231_RTRUKOC_0_US-SYRIA-US-FOREX.xml&archived=False

25-year high for gold

http://money.cnn.com/2006/02/02/markets/gold.reut/?section=money_markets

Seems like an awful lot of preemptive strategy going on right now in respect to investment. It's interesting to watch where the money is going in order to predict geopolitical events.