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View Full Version : Oil at $250 Is Pipe Dream Without Chinese Boom: William Pesek - Bloomberg



NewsWhore
06-19-2009, 01:20 AM
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Oil at $250 Is Pipe Dream Without Chinese Boom: William Pesek (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26sid%3DaLp2En_IU43E&cid=1263583347&ei=DxU7SoHWDeOqmQe_ksmoCA&usg=AFQjCNETTOqPglnGBnS9AcawKI920z7etQ)
Bloomberg
Also, China aims to diversify its $2 trillion of currency reserves away from the dollar. Along with buying other currencies, says investment strategist Simon Grose-Hodge of LGT Group in Singapore, that may mean stockpiling commodities. ...


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