Dawson Lodge

The Iranian Oil Bourse: A Bourse with No Basis

Interesting news, I was waiting to hear about it, I though they were going to trade in Euros, no doubt there will be a FOREX component to the bourse. Hey, we'll even take gold!
Coincidentally, we've had all your favorite stocks for quite a while, those trusts are effectively an investment in Canadian dollars (the strongest currency), invested in a cash stream from the most bullish commodity (oil).
We put all our dividends into GLD shares (the safest savings).
Three strikes, the dollar's out !!!!