Articles related to Saudi Arabia
 
Graham Summer - Gains Pains & Capital
The West Will Become The New ‘Third World’: PricewaterhouseCoopers 
Hold your real assets outside of the banking system in one of many private international facilities  -->    https://www.sprottmoney.com/intlstorage  The West Will Become The New ‘Third World’: PricewaterhouseCoopers Written by Jeff Nielson (CLICK HERE FOR ORIGINAL) First World The term “First World” refers to so called developed, capitalist, industrial countries, roughly, a bloc of countries aligned with the United States after word war II, with more or less common political and economi
Sunday, January 17, 2021
Mickey Fulp - Mercenary Geologist
The Never-Ending Wars of the United States of America
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefi
Monday, November 23, 2020
FOFOA - FoFOA
Fiat 33 
"Sir, I would say, "Old World Order" to return. To understand/explain better: A very easy way to view this "order", would be to simply say that the American Experience is reaching the end! As we know, world war two left Europe and the world economy destroyed. Many thinkers of that period thought that the world was about to enter a decades long depression as it worked to rebuild real assets lost in the conflict. It was this war that so impacted the idea of looking positively toward the fu
Sunday, June 21, 2020
Michael J. Kosares - USA Gold
King Ibn Saud’s 35,000 British sovereigns – Gold’s historic undervaluation versus oil 
TheWikileaks/Financial Times revelations on significant gold buying interest in the Middle East — notably Iran’s central bank, Jordan’s central bank and Qatar’s sovereign wealth fund — brought to mind the story of KingIbn Saud and his sale of oil concessions to the major oil companies. In payment he received 35,000 British sovereigns — a coin many of you hold in your own sovereign wealth funds.
Thursday, April 23, 2020
Przemyslaw Radomski CFA - SunshineProfits
Are We Going to $1,120 or $1,510 No Matter What, Own Some Gold!
Who will win: bulls or bears? The LBMA published its annual forecast survey for precious metals prices in 2018. Gold prices range from $1,120 to $1,510. Where is the price of the yellow metal headed? Summary of the Survey The views of about 30 analysts in the 2018 forecasts are strongly divergent. The average price of gold is projected to be $1,318, so it is expected to be around the current level, but almost 5 percent higher than the last year’s average of $1,257.12. However, the average gold p
Friday, March 16, 2018
Peter McKenzie-Brown - Language Instinct
Capturing a Cacophony of Voices
My  2017 book, Bitumen: The people, performance and passions behind Alberta's oil sands, its book of the year. I'm quite honoured. Here is an intro to the oil sands, based on information from that book. By Peter McKenzie-Brown Hudson’s Bay Company explorer James Knight made a seminal observation in his diary on June 27, 1715. On an expedition into today’s Alberta, he wrote that he had learned from Cree “Home Guard” Indigenous people, local trappers and factory provisioners “abt the Great R
Tuesday, March 13, 2018
SRSrocco - SRSRocco Report
The Amazing Amount of Gold The U.S. Exported Since 2000
The U.S. exported a stunning amount of gold since the turn of the century.  As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs.  In 2012 alone, the United States exported nearly 700 metric tons of gold.  The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.While the U.S. exported nearly 8,000 metric tons (mt) of gold since 2001, it also imported a great deal as
Sunday, March 11, 2018
Przemyslaw Radomski CFA - SunshineProfits
Crude Oil – It Smells Like… Profits
Although oil bulls pushed black gold higher after yesterday market’s open, their triumph was very short-lived. Looking at the daily chart, it even tempts to say that their rally took place on an empty tank. Why? Because thanks to yesterday’s decline oil bears not only made short positions more profitable, but also gained next pieces to their puzzle. Let's check them together in today's alert. Today's alert will start a little differently than usual, because we will take you on a small journey to
Friday, March 2, 2018
Przemyslaw Radomski CFA - SunshineProfits
Relationship Between Crude Oil and U.S. Dollar in February 2018
On Thursday, the price of black gold moved higher after the EIA weekly report showed an unexpected decline in crude oil inventories. Is this one bullish factor strong enough to push light crude higher in the following days? What did the buyers miss? Yesterday, the Energy Information Administration reported that crude oil inventories declined by 1.6 million barrels in the week ended Feb. 16, beating expectations for a gain of around 1.8 million barrels. This first in four weeks decline in crude o
Saturday, February 24, 2018
Bullion Vault
Comex Silver Speculators Turn Net Bearish, Gold Prices Steady as Russia, Turkey Warn US Over Syrian 'Fire'
GOLD and SILVER PRICES remained steady on Monday morning in London against a rebounding US Dollar, write Steffen Grosshauser and Adrian Ash at BullionVault. With New York shut for Presidents Day – and ahead of meeting minutes due Wednesday from the US Federal Reserve's latest policy meeting – global equity markets were mixed as non-US government bond prices fell once more, nudging interest rates higher.
Monday, February 19, 2018
Bob Hoye - Institutional Advisors
Signs of the Times
Perspective We have been watching for credit conditions to deteriorate - enough to prompt the establishment to claim that there are no problems. It took a jump in long-dated rates and a hit to the stock markets to prompt some such defensive claims. The advice to ignore the break and focus on the economy seems naïve. In ordinary conditions the top of the stock market leads the peak in the economy by some 12 months. That is why the S&P is included in the formal list of "Leading Indicators" (number
Friday, February 16, 2018
SRSrocco - SRSRocco Report
Future U.S. Oil Production Will Collapse Just As Quickly As It Increased
While U.S. oil production reached a new peak of 10.25 million barrels per day, the higher it goes, the more breathtaking will be the inevitable collapse.  Thus, as the mainstream media touts the glorious new record in U.S. production that has both surpassed its previous peak in 1970 and Saudi Arabia’s current oil production, it’s a bittersweet victory.Why?  There are two critical reasons the current record level of U.S. oil production won’t last and is also, a house of cards.  First of all, oil
Thursday, February 8, 2018
Richard Mills - Ahead of the Herd
Resurgent US oil industry priming the economic pump
Crude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking the country into recession and snuffing out the oil boom in Alberta. Many foreign companies operating in the high-cost Canadian oil sands pulled up stakes. One of the hardest hit countries was Venezuela, whose petr
Friday, January 26, 2018
Jim Willie CB - Hat Trick Letter
Silver as a Strategic Metal and Why Prices Will Soar 
The arguments in favor of silver as an investment asset are growing rapidly. In the opinion of the Jackass, silver is the most under-valued hard asset in existence, with the highest potential for price appreciation on the globe. To begin with, central banks own no silver, but do own huge tracts of gold. Industry has huge demand for silver, but a trifling amount for gold demand. The investment demand is another key factor in favor of silver, but also for gold. Ever since the tech telecom bust in
Sunday, January 21, 2018
Alasdair Macleod - Finance and Eco.
  One-year score card for Trump
We understand our politicians to be human, with much that that implies. In a democracy, politics is a competitive business, which means that generally well-balanced individuals tend to succeed, while those who are obviously unbalanced do not. And as for political power corrupting individuals, that is normally limited by the obligation to periodically seek an electoral mandate. That, at least is the theory, but in late-2016, the election of President-elect Donald Trump caused us all to question t
Friday, January 12, 2018
Oilprice.com - oilprice.com
The World’s Most Expensive Oil
When asked about the most expensive oil grade out there, those working in the oil industry are caught blindsided because there’s no easy way to answer this question. The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are several exceptions to this rule), classic supply-demand conditions, distance from main marketing outlets and trading hubs, potential risks and general market sentiment. To make matters even m
Wednesday, January 10, 2018
Alasdair Macleod - Finance and Eco.
How quickly will the dollar collapse 
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in 2018 the dollar’s primacy will be challenged by the yuan as the pricing medium for energy and other key industrial commodities. After all, the dollar’s role as the legacy trade medium is no longer appropriate, given that China’s trade is now driving the gl
Thursday, January 4, 2018
Clive Maund
Oil Market Update
The paradoxical technical situation for oil that we highlighted in the last update has continued – and has gotten even more extreme. In that update we concluded that oil’s very bullish volume indicators pointed to its continuing to advance, despite COT and Hedgers charts and sentiment indicators showing extremes that would normally call for a reversal to the downside, and that is what has happened. The reason? – Iran – it looked like the United States and Israel, and possibly client state Saudi
Thursday, January 4, 2018
James Howard Kunstler
Forecast 2018 — What Could Go Wrong 
Markets If you take your cues from Consensus Trance Central — the cable news networks, The New York Times, WashPost, and HuffPo — Trump is all that ails this foundering empire. Well, Trump and Russia, since the Golden Golem of Greatness is in league with Vladimir Putin to loot the world, or something like that. Since I believe that the financial system is at the heart of today’s meta-question (What Could Go Wrong?), it would be perhaps more to the point to ask: what has held this matrix of racke
Monday, January 1, 2018
Andy Hoffman - Miles Franklin
2017, The Year of the Truth Bomb! (Part 1)
Here we are at the end of 2017 with more “truth bombs” released than I could have imagined!  In fact, I believe we probably received more “truth” in just one year than collectively in all of human history.  This is a sad statement because it also means we have lived behind more lies than at any time prior.  Also surprising is none individually have cracked the dam called “confidence”.  But do not be fooled as it looks as if the entire dam is moving, particularly in the last few weeks! As we have
Tuesday, December 26, 2017
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