View Full Version : Saudi Stocks Crash
03-01-2011, 10:03 AM
Saudi stock market loses 7% this am.
03-01-2011, 12:58 PM
I'm sure it's because of all the sheiks pulling their money out and putting it into gold-$1428 as of this writing, and still going up...
Somebody over there knows something, and it's not a good thing...
The London FTSE also going down .
Doubtless SA military intervention in Bahrain is a factor .
Quite possibly Jim Rogers saying via the media that SA is
lying about oil capacity did not inspire a lot of confidence either .
Frankly I think the good ship 'Earth' has hit economic rocks and
is breaking up fast .
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