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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose94	1/11/2016 7:30:52 PM
	Read Replies (1) of 202715

Why QE1 QE2 and QE3 were printed. It's all about "OIL and control"... To raise cash, the Saudi government may sell its crown jewel… Saudi Aramco is Saudi Arabia’s government-owned oil company. As the world’s largest oil company, it owns the biggest oil fields in the world, and produces 13% of the world’s oil. The Saudi government has controlled the country’s oil industry since the 1970s. Last week, Financial Times reported that Saudi Arabia is considering an initial public offering (IPO) for Aramco. An IPO is when a company sells shares to the public. According to Financial Times, an IPO would likely value the company “in the trillions of dollars.” Saudi Arabia Could List Production Assets in Aramco IPO wsj.com

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