Crude Oil, The Terror Of The 100-Dollar Barrel
Like the easy-to-remember 100 for the barrel price in dollars, we have a shift to equally easy near-term future currency values and relations. The Euro and US dollar can attain parity, along with the GB pound, and 100 Yen will be equal to all three. Adding the 100-dollar barrel we have a future commodity and currency pack, possibly including a slightly shrunken but fixed-value gold standard of 1000 dollars an ounce, although this is less sure. More here
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