Thursday, September 20, 2007

Helicopter Blinks

A remarkable exchange, but the helicopter needs to work on its poker face.

Sept. 16 (Bloomberg) -- Venezuelan President Hugo Chavez instructed Petroleos de Venezuela SA, the state oil company, to convert its investment accounts from dollars to euros and Asian currencies to reduce risk. [link]

Sept. 20 (Telegraph.co.uk) -- Fears of dollar collapse as Saudis take fright. [link]

Sept. 20 (Marketwatch) -- Crude futures rally past $83 to another record. [link]

Sept. 20 (Marketwatch) -- Canadian Dollar Trades Equal to U.S. for First Time Since 1976. [link]

Sept. 20 (Bloomberg) -- Gold Rises to 27-Year High on Weak Dollar, Inflation Concerns. [link]


Sept. 20 (Investmentnews)-- Euro all time high against the dollar. [link]

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