'The Petrodollar already died, no-one noticed'

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 29, 2014.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    TreasureHunter, Dec 29, 2014
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  2. TreasureHunter

    TreasureHunter Well-Known Member

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    It's interesting to note the graph of the demand for petrodollars:

    [​IMG]


    Could it be... the petrodollar is already dead and it takes a while until we all 'notice'.

    So, what keeps the dollar going?

    Belief?

    Financial markets and trade involving the dollar?

    Global reserve currency status?
     
    TreasureHunter, Dec 30, 2014
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  3. alor

    alor Well-Known Member Silver Stacker

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    Petroleum is going down and yet Dollar is going up, so the wars is everything VS everything else.

    Dollar is going up vs other currencies, so the others are tied more to Petro

    The US is loosing its grip on the oil countries. Somalia get the strikes. Their elephants could be murdered, so we can now not buy those shiny :(
     
    alor, Dec 30, 2014
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  4. Eruaran

    Eruaran Member

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    Deflation, inflation, rigged markets, economic warfare, conspiracies, plain old greed, corruption and criminality... The markets seem so dysfunctional I don't know anything anymore. I don't try to predict anything either. :|
     
    Eruaran, Dec 30, 2014
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