Commodity Trade Mantra

Posts Tagged ‘BRIC Nations’

How The Petrodollar Quietly Died, And Nobody Noticed

Basically, the Petrodollar, long serving as the US leverage to encourage and facilitate US Dollar recycling, and a steady reinvestment in US-denominated assets by the Oil exporting nations, and thus a means to steadily increase the nominal price of all USD-priced assets, just drove itself into irrelevance.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook