businessinsider.com - 10/6/2009
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saudi ambassador The Saudis are denying the shock report in The Independent , that central bankers around the globe are holding secret meetings about killin the dollar. According to Bloomberg , the Saudi Central Bank Minister Muhammad al-Jasser called the report "absolutely incorrect." Others ...
bloomberg.com - 10/6/2009
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bloomberg.com —
Oct. 6 (Bloomberg) -- Saudi Arabia hasn’t held
talks with China and other countries on dropping the...
dollar as the currency for pricing oil, Saudi Central Bank Governor Muhammad al-Jasser said, denying a report in the U.K.’s Independent newspaper. The ...
(more)
Saudi Bank Governor Denies Talks to Replace Dollar (Update2)
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Tuesday links: sidelined cash
Abnormal Returns —
... going bankrupt? (Silicon Alley Insider)
New York City taxi medallions have been a great investment this decade. A way to play this is Medallion Financial (TAXI). (Crain’s New York via peHUB)
Are oil producers looking to price oil with a basket of currencies. (The Independent also Credit Writedowns, The Money Game, Mish)
Is the stage set for a ...
US Dollar: “I’m Not Dead Yet!”
The Aleph Blog —
... an example, China does not want to run deficits, nor is its financial system strong enough to bear the wear and tear of global use of its currency.
So, when reporters write pieces indicating the imminent demise of the US Dollar, I don’t buy their arguments:
The demise of the dollar
The latest dollar rout revealed
Other parties disagree with the worry:
Oil states say no talks on replacing dollar
Saudi Arabia Denies Holding Secret Meetings To Kill The Dollar ...
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