Thursday, October 21st, 2010 at
12:16 pm
Travis T asked:
Demand for honey is growing. Does honey trade on any commodities market?
Thursday, October 21st, 2010 at
11:01 am
ansy asked:
Do agricultural products and agricultural commodities have the same meaning and can they be used in the same situations? Which is better: agricultural commodities market or agricultural products market?
Thursday, October 21st, 2010 at
3:35 am
Annie C asked:
If so, it just shows his liberal hypocrisy.
Monday, September 27th, 2010 at
5:53 am
Kemit-Soul J asked:
List of all traded goods or commodities in the stock market
Wednesday, July 29th, 2009 at
5:43 pm

…. . .-.. .-.. — asked:
Do you think the Russians hold a grudge for the fall of the USSR?
I do.
Do you think if they see an opportunity to cause the fall of the USA they’d take it?
I do.
Russia has emerged as the second largest oil exporter behind Saudi Arabia. Since the early 1970s, when the USA went off the gold standard, it has been the international trade in oil that has supported the value of the dollar. All oil exporting countries have demanded payment for oil in dollars. These are called petrodollars. Without this trade in dollars, U.S. currency would be virtually worthless.
In 2000, Iraq started demanding payment for it’s oil in Euros. Soon after, Jordan, Iran, and Venezuela also started trading oil in Euros. All of these countries were close allies to the old USSR.
Interestingly, France and Germany, two major countries in the EU, did not back the U.S. and the UK in the Iraqi invasion, which clearly was to stop the trade in Euros and not for WMD.
The situation is much more dire than being presented by the government. If only one more major oil exporter switches to trading oil in Euros, the U.S. dollar is going to crash. It will cause a depression here in the USA several times worse than the great depression. There is 2700 trillion U.S. dollars tied up in the international commodities market. If the Euro replaces the dollar as the international currency, the U.S. will have to buy all that script back.
Think about the effects of that.
Tuesday, December 16th, 2008 at
1:18 pm
Annie C asked:
Making a profit off of the air temperature? Isn’t that going against the liberal creed?
Thursday, October 23rd, 2008 at
4:13 pm
Sterkwell asked:
Is there a difference between buying wheat in the commodities market, for example, and buying wheat futures?