Future Price of Oil ??

[jetflyer]

If some of you read the articles about the oil bourse you might have noticed that

Hon. Ron Paul (Republican from TX) gave a great speech Before the U.S. House of Representatives where he briefly talks about the Iranian Oil Bourse and mostly about the great possibility of a coming dollar fall on:

February 15, 2006

Titled: The End of Dollar Hegemony
located at this government site: http://www.house.gov/paul/congrec/congrec2006/cr021506.htm

Well here is a link to a RADIO PROGRAM where Republican Ron Paul talks about: the U.S. dollar, the history of the dollar, the Federal Reserve fraud, the future of gold, the Iranian Oil Bourse, future inflation, etc.

Anyone that wants to protect their wealth in the coming years should listen to this man.

This is a very informed and educated man and hearing him speak is very enlightening.

Here are links to LISTEN to Republican Ron Paul speak with Jim Puplava on the "Financial Sense News Hour":
(PICK YOUR PREFERRED AUDIO FORMAT: )
RealPlayer | WinAmp | Windows Media l mp3
The interview with Ron Paul begins a little after minute 33.

More information about the entire radio program that occurred on February 25th with Jim Puplava can be found here:
http://www.netcastdaily.com/fsnewshour.htm

Jet

 

[jetflyer]

The Iranian Oil bourse has been delayed, until at the earliest Mid-2006, maybe later.

From http://www.theglobeandmail.com/servlet/story/LAC.20060314.RIRAN14/TPStory/?query=

Despite repeated reports over the past 18 months or so that the planned bourse would finally open for business on March 20, 2006 -- and go head to head with the New York Mercantile Exchange and the ICE Futures Exchange in London -- the start date has been postponed by at least several months and maybe more than a year.

"In the middle of 2006, we are able to start the bourse," Mohammad Asemipur, special adviser on the project to Iran's Oil Minister, said when reached in Tehran. The plan is to trade petrochemical products first, with a crude oil contract coming last, a rollout that likely will take three years, he said.

The more I read on the subject I think the bourse is just one of many, many reasons we will in some way go into Iran.

The Bush administration has thouroughly convinced the American public that Iran is a danger to the USA. It's just a matter of time before we do something about those "nukes" they want to build.

Nukes of course are just one of many reasons, including the oil bourse, oil, taking away Iran's control of the Strait of Hormuz, etc.

Jet