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Mix-Ansicht- .............. und hier hängt er (der Haus-Segen nicht der King) noch schiefer! - Emerald, 16.06.2004, 22:33
.............. und hier hängt er (der Haus-Segen nicht der King) noch schiefer!
-->Secure your Gold & Oil Positions - Saudi Arabia is on the Brink of Civil War
By: Bill Ridley, Online Investors News
OnlineInvestorsNews Volume M 9-7, June 16th, 2004
a free supplement of The Growth Stock Report www.jameswinston.com
The last thing the United States needs right now is another conflict in the Mid East to deal with, but unfortunately America’s key ally in that troubled region is showing signs that they are on the brink of a civil war. With 25% of the world’s oil at stake, our next military mission will likely be in Saudi Arabia.
For the worst possible reasons, the likelihood of oil and gold dropping much further in price seems highly unlikely. In fact, it is very possible we could see a sharp price spike.
A couple of weeks ago, Secretary of Defense Donald Rumsfeld told graduates of the U.S. Military Academy at West Point that the “declared war on terror is closer to the beginning than the end..”
This ominous statement was followed by a speech by President George W. Bush to Air Force Academy graduates at Colorado Springs, where he remarked that the war on terrorism will be the “work of decades.”
Due to the inescapable fact that the source for terrorism funding and manpower comes mostly from Saudi Arabia and that Saudi is the major global supplier for oil, Rumsfeld and Bush could have just as easily said that securing the Mid East oil fields will be the work of decades.
Today, the biggest political and economic disaster in the making is taking place in Saudi Arabia. Increased al-Qaeda terrorist attacks in that country are a major reason why we are now paying more to fill up our cars and why inflation is on the rise.
Some energy economists are saying that the cost of a barrel of oil now has at $10 to $15 premium due to the uncertainty in the Middle East. In Saudi Arabia, analysts are worried that the ruling House of Saud are losing control of their homeland security and are showing signs that they are incapable of protecting their oil infrastructure.
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