This Crimea saga revolves around the "Petro dollar" any time in history where there has been the slightest idea of selling oil in any currency other than the dollar USA is on the "WAR" path. Now with the gold standard long gone the $ is vulnerable to losing being the default "world currency" thus as long as oil is sold in dollars it will retain this status. Take away this status & ......? New world order me thinks. The Saudis' did a deal in the 70's protection from whatever, US sort it out we sell oil in $'s only.
P.S. Add Venezuela's Chavez to the list of F- you US. He survived a US induced military coup to have absolute say over his country's oil wealth.
Weapons of Mass Destruction / Disappearance ( you choose ) this year was the most oil produced "ever" from Iraq's oil fields....
As you were..... Going back to the CFD thread now.
Lets face it, the ALSI thread has all the fun you need.
I probably resembles the trading pits, where the was shouting yelling and fighting.
It's in the nature of traders to disagree, we are speculators after all.
Every body has their own 2c.
Politics is part of trading. Markets move based on politics and economical reasons, we cant ignore it.
This is not a peace forum. Anything that has to do with money can never be peacefull.
Every topic will be scrutinized here.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.