Posted 11/12/2007 13:22 (#236465 - in reply to #236274) Subject: RE: Not stock market but this may help make some sense of what is happening on several fronts
Isn't that opinion on oil and dollar values a little contradictory?? If the price of oil has risen because of the weakness in the dollar. Wouldn't switching to the Euro which is valued at a 1.46-1 ratio above the dollar soften the crude oil market in a direct relationship??? Correct me if I'm missing the rationalization on this.