You are here
Venezuela suggests global oil trade in Russian ruble, Chinese yuan
From Russia Today, Moscow
Wednesday, August 4, 2017
The president of Venezuela, Nicolas Maduro, has proposed that oil-producing countries should discuss creating a currency basket for trading crude and refined products.
"Developing a new mechanism of controlling the oil market is necessary,” he said today at the Russian Energy Forum, being held in Moscow this week.
According to Maduro, trading paper futures has an adverse impact on the oil market, undermining attempts by the Organization of the Petroleum Exporting Countries to stabilize prices.
Introducing alternative currency baskets, including the yuan, ruble, and other currencies, will eliminate the impact of futures trading, according to the Venezuelan president. ...
... For the remainder of the report:
https://www.rt.com/business/405640-maduro-crude-producers-currencies-moa...
Fisher Precious Metals is preparing and equipping
clients for the upcoming 'Everything Bubble'
Fisher Precious Metals, North America's top-rated bullion dealer, known for personal service and great pricing, has been helping Americans and Canadians protect their wealth with precious metals for more than a decade. Enjoying a five-star client rating across the internet with no complaints at the Better Business Bureau, the team at Fisher Precious Metals works hard to serve you.
We have helped thousands of clients in buying and selling bullion, arranging segregated and offshore storage, establishing precious metals IRAs, and obtaining certified precious metals appraisals. We provide security to our clients with our Bullion Authenticity Guarantee. We recommend that you read our article "How to Avoid Bullion Counterfeits":
https://fisherpreciousmetals.com/precious-metals/bullion-authentication/
As a family-owned business, we strive to help you assess your wealth-protection goals and overall investment objectives. From the new precious metals buyer to the seasoned bullion investor, we are here to help you with a no-pressure, confidential consultation. Rest assured that everyone in our firm owns physical precious metals and no one is compensated via commission -- period.
Fisher Precious Metals is your full-service precious metals investment partner for life. Please call us at 1-800-390-8576 or visit us here:
https://fisherpreciousmetals.com
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...
Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/
* * *
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
