bbqdays

Today I read once again a statement from FED boss Bernanke .He would do anything to support and avoid further weakening in the US $.So price of oil dropped again by strenght in the $.

These guys can manipulate as much as they will .I think they will try to stop current rise and it's possible oil price could drop to around 115 .But this wil mostly due to a strenghtening in the us $ which counters the drop in oil price.Since many years there is a relations between the us $ and the oil price + gold price.

Just don't know what this could effect on CLL.How is CLL payed ?In Cad $ or us $.

If in us $ then it's almost a non event for them.If oil price drops but us $ rises then the amount of cash is the same or am I missing something?

Or is CLL payed for WTI in cad $?