The USD is reserve currency because Saudi Arabia agreed to accept USD for crude oil in exchange for USA military protection.
Iraq started paying in euro & was bombed. Venezuela started paying in euro, rmb & other currencies with the result being US sanctions. US can't bomb Venezuela without it starting a war with Russia.
Now the US & Saudi's have some issues between them. Russia will accept currencies other than USD for oil. The US will go to war to defend the petrodollar.
Reserve currency lasts about 100 years. We are due for a new reserve currency. China is on the rise & whether we like or not RMB might be the new reserve currency within a decade. Wars precede a new currency & this Ukraine situation will either blow over like US/Iraq or grow into something global. Either way history suggests a war & new reserve currency is a matter of time.
- Forums
- ASX - By Stock
- NOV
- 20 cent party
20 cent party, page-103
-
- There are more pages in this discussion • 440 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOV (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $18.85M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $3.49K | 65.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 34355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 0.051 |
1 | 20018 | 0.050 |
1 | 50000 | 0.049 |
1 | 63829 | 0.047 |
4 | 138700 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 34355 | 1 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
0.070 | 100000 | 1 |
0.076 | 72036 | 1 |
Last trade - 15.44pm 13/09/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online