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Hence my point. BHP and RIO are trying to sink VALE. Oil price...

  1. klob25
    1,404 Posts.
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    09/12/14
    12:17
    Post #: 14432093
    Hence my point.
    BHP and RIO are trying to sink VALE.


    Oil price did not come from no where.

    point 1
    US used to back all the oil nation if they trade in USD. But a certain nation lost US backing and felt semi betrayed.

    point 2
    Russia supplies more oil then middle east country stop backing the US.

    point 3
    Now china has stop backing the US dollar.

    Nutshell- China is trying to do direct deals with countries like australia.

    Soon we wont be using the US but RMB per ton, unless a war breaks outs.

    do your own research as i could be lying to you all
    Last edited by klob25: 09/12/14
    SDL Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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