Saudi Stocks Crash

[DReynolds]

Saudi stock market loses 7% this am.

http://www.ft.com/cms/s/0/93e4bd68-42e7-11e0-8b34-00144feabdc0.html?ftcamp=rss

[penguinzee]

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...

Franc (penguinzee)

[Ross]

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 .