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The Bottom Line

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The Minyanville daily take on news, commentary and opinion from around the world:

Of all the things that could wreck the US dollar - and there are many, writes John Berthelsen in the Asia Times - the projected Tehran oil bourse, which is tentatively scheduled to open this month to trade crude and other petroleum products in euros rather than US dollars, is probably not among them.

  • Bottom Line: New oil bourse pictured below? Sorry, dollar looks safe from here.



"Looking to capitalize on the Apple halo effect, three former company executives, including co-founder Steve Wozniak, took their new company, Acquicor Technology, public yesterday in an IPO raising $150 million," according to techdirt corporate intelligence.

  • Bottom Line: iPo


A Hans-Harmann Hoppe article on the Mises.org site wonders: "Can individuals with divergent interests peacefully coexist under conditions of scarcity?" The answer? "Yes, by recognizing the institution of private property and its direct or indirect foundation through acts of original appropriation."

  • Bottom Line: All I can say is any man who tells me we can't live together in peace better have a knife.

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The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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