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Iran eyes $100........

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  • Iran eyes $100........

    ......& rubs their hands with glee:-
    http://uk.finance.yahoo.com/news/ira...16e37.html?x=0

    Personaly i be delighted with $100/$200/$300..........i am invested for Peek oil so bring it on BABY!

  • #2
    Re: Iran eyes $100........

    Mike , it depends if your countries currency is appreciating/ depreciating against the reserve currency. The US dollar ( reserve) can export inflation to the World.
    EG: If the Doctor Strangelove affair with the Japanese yen gets a dose of reality and it depreciates against the $US reserve, from say 80 to 120. Japan is Dead meat.
    Watch this space as you would watch an unlocked sports car in Manchester. And I might add the English pound is not worth a pound of sterling any more,old boy.
    Personally I am for a Basket of G20 currencies as reserve to take the cocaine plate away from those who draw from it. We NEED CURRENCY STABILITY-NOW. (yes I am screaming, alone, in the wilderness)

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