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You're seriously suggesting that the Russian Ruble is a "hard currency?"
Feb 18 22:23 pm
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0
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All Comments by Greg Pinelli »Iranian Oil Bourse Starts Trading, Sans Dollar Contracts [View article]
Or that the Iranian Rial is a legitimate threat to the US $? How do you know whether the USA anxiously follows these events..or even cares?
This article is third rate hash....and just piles onto the notion the dollar is doomed because of publicity stunts like the Iranian Bourse. A Bourse MUST be based on a currency that can be translated into investments by the holding group. Tell us what you would take Rubles or Rials and invest in taht couldn't or wouldn't be confiscated at will in the countries noted.......well???