OT: es brodelt stärker als wir anzunehmen wagen!

verfasst von Emerald, 13.02.2004, 21:13

-->But a war with Saudi Arabia is GREAT for gold.





Saudi Arabia is breaking out of its lock step pattern with Washington.



This development could well presage an OPEC shift towards a more balanced currency basket settlement mechanism away from the US dollar towards a dollar/euro mix.

It may also explain the Iraq situation as control over that nation's oil is essential for the economic health of Western economies. That of course assumes that the Saudis have given up their position as the 51st State to Japan which has now become Bernanke's Electric Mayhem Money Printing Machine for the USA.

Saudi paper accuses U.S. of waging war on OPEC
Thu 12 February, 2004 09:00

RIYADH (Reuters) - A leading Saudi Arabian newspaper says the United States has no right to warn OPEC against cutting oil output and accuses Washington of waging war on the cartel under the guise of protecting the global economy.

OPEC, led by Saudi Arabia, on Tuesday announced a surprise reduction in crude supplies from April, drawing a caution from the United States that it risked stunting world economic growth.

The daily, al-Riyadh, said OPEC's decision was aimed at balancing supply and demand and that oil producers have made sacrifices to protect the global economy, including opening the taps during the U.S.-led war on Iraq to make up for a loss in Iraqi crude production.

"The U.S. media campaign over production cuts is accompanied by U.S. problems in Iraq, high unemployment, rising debts and war costs and the elections battle, and the only scapegoat is accusing oil producers of harming the U.S. economy," the Arabic-language newspaper said on Thursday.


Trouble brewing..Al-Riyadh site down.
http://www.alriyadh-np.com/





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gesamter Thread:

• OT: es brodelt stärker als wir anzunehmen wagen! - Emerald, 13.02.2004, 21:13
  • Ruhe vor dem Sturm... - Morpheus, 13.02.2004, 21:27
    • Heute waren die Silber- u. Goldkurse iwSdW denk- u. merkwürdig! (owT) - Silberfuchs, 13.02.2004, 23:59
      • Ich kenne jemanden, der hält Silber seit den Hunt Zeiten.... - Tofir, 14.02.2004, 00:42
    • Es geht los, die Ruhe wird bald vorbei sein - politico, 14.02.2004, 14:25