Oil, Currency & the Rush to War

by jedi of $ = €0.94 Thu Jan 16, 2003 21:30

British Pound 0.62
Canadian Dollar 1.53
Euro 0.94
Japanese Yen 117.81
Commodities
Symbol Bid Ask
Gold 357.35 357.85
Silver 4.82 4.84
Brent Oil 32.06 32.08
for commodities first figure is bid, second asking price.

Hi Graham!
well thought out and written piece.
The Euro option to Dollar for global currency was very interestingly first suggested not by an economist but in an essay of 1949 by a British Fascist, Oswald Mosley. He saw the postwar currency sterling union work for UK, Ireland Sweden and several other countries.
Sterling was used in teh immediated post war Germany. Mosley tried to reconstruct his fascism in the post war period with several essays and speeches and continued to recieve support from members of the nascent Fine Gael party and of course the exiled Duke of Windsor in France.
Mosley suggested a european currency (which interesting he did not envision Britain as being part of) which would administer Africa.
The PostWar (WW2) saw both British and French attempt to restructure their empires in Africa by setting up several transstate organisations that eventually failed.
African states declared Independence following the borders agreed upon by European powers.
Former French states continued to most recently to follow colonial currency policies and remained tied to the French Franc.
It is most certain that the Euro will become a currency acceptable to Africans and the Levant in the next twenty years if capitalism in its present model continues. (it will have to deal with me first and my weird pals but still).
Most drug sales which of course do not often enter such currency debate take place in either sterling or dollar.
However euros are now considered to be hard currency in Morrocco for such purposes. I am reliably informed. Nice that.
The present shift of many well a few currency speculators points from American markets to European markets was referred to last week by me, in my list of
"How to Stop the War".
keen and careful readers will remember the options included,
direct action against the USAF and armed forces.
(you might think of this as a case of national defence)
IT warfare.
Manipulation of stock markets.
support of mutually imcompatible candidates to form the post Saddam government thus my phrase was "splitting the permanent members of the Security council"
And manipulation of coup d´etat situations in oil exporting or producing countries.
I quite correctly said a week before that if Mr Chavez (beably man he) suspended certain bank operations, Brent oil would increase in price neccesitating last weekends chinwag in Vienna.
If you want to speculate against the dollar, then I would recommend you learn from Mr Soros, who has written at length about how terribly easy such things are.
If you want to help Venezueala then Mr Chavez (bearable man he) has just issued an appeal to "friendly nations".
You may like to read and consider this on todays reuters pages at http://www.reuters.com
or you could wait till sunday when I generally tell you everything anyway. And I still am using standard crossaire encrytption.
if you want to borrow money to speculate against the dollar then I´d pick some one with lots like seriously lots.
more than lots.
ooodles and what the spanish call "ganas".

by iosaf €=$1.04 Thu Jan 16, 2003 21:33

and I´ve a massive phone bill too.
just short on big money infrastrucure support.

by rip off merchant Fri Jan 17, 2003 23:54

Yes everything should be charged in Euro's It'sthe perfect capitalist currency, prices keep increasing and profits keep soaring. F*** the poor is the motto.

by iosaf - 23 Sat Jan 25, 2003 14:18

knock out the centre of the Euro coin with a hammer.
Delightful.
I am the source of many global conspiracy theories you know.