Back

I’ve moved, and for the most part settled in, so with the exception of a week away coming up soon, I hope to get a bit more active in blogsville.

I’m thinking of reviewing some articles I started and put on hold and maybe putting them out to get me back on the horse.

Advertisements

One Response to Back

  1. Rod Clarke says:

    Dear Steve – Can I make a readers request???

    I would like an market head/economist smarter than me to unravel this whole USD/ Iran / Euro oil trading proposal and the effects it could have on the USD.

    My take on it is that, in order to hedge future energy requirements traders have to buy USD denomiated hedgeing instruments, and that this massive “natural” demand for future USD reduces the USD forward points lower than they otherwise might be given the countries external debt levels.

    Putting it another way, with all that oil in the ground priced in USD it acts as a defacto gold standard underwriting the value of the USD??

    Any articles or guidance to clarify this?

    Cheers
    Rod

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: