Black Swan event about to have a dramatic impact on world markets

[Gundini]

Havent read the article, but if the agreement is between US and SA, then Iran can sell it however it wants...

I don't think they can otherwise they break the agreement. Iran is a member country of OPEC:

http://www.opec.org/opec_web/en/about_us/25.htm

"In return Saudi Arabia, and by extension OPEC, agreed to sell their oil in US dollars only. As if that weren’t sweet enough, as part of the deal, they were required to invest their profits in US treasuries, bonds and bills. The real zinger is that all countries purchasing oil from OPEC had to do so in US dollars, or ‘petrodollars’."

"India has reportedly agreed to pay Tehran in gold for the oil it buys, in a move aimed at avoiding US sanctions that target countries who trade with Iran."

http://www.goldstockbull.com/articles/india-to-buy-iranian-oil-with-gold-china-may-follow/

 

[mullokintyre]

Not much written about Black Swan events.
Hers is the latest.
Black Swans Return

"The increased water in the Coorong ... has created an explosion of food web for many, many different species, but in particular the one that we have noticed dramatic changes in are the black swan," she said.

Mick

 

[divs4ever]

so i guess you are saying there is a flock of them coming

( sporadic reports the Ukrainians are shelling the rebel towns , but since the media either lies , spins or ignores ... )

by the way did anyone notice the US Senate is voting on the debt ceiling soon