As the 1st GPMer 2 draw attention 2 the UAE & Gold connection re: 9/11 Attack on America, I read that Schwartz piece on the gold-owning, oil controlling UAE with GREAT interest.
I'd like to conclude these contiguous excerpts hereupon this fine Sunday--especially in earshot of those both "blacklisted" as well as GPM lurkers and GPM posters who believe I'm "too extreme" on my HARSH/HAWKISH STANCE re: my USofA residing Islamic, so called "peaceful" neighbors.
My final thoughts and summary for this series of posts:
When Truman/Eisenhower gave into the pressure and gave the oil discovery/recovery and refining business to the "Arabs" some 50 years ago as the result of the failed policy of appeasement and detente', we have seen what an "ace of the sleeve" in world politics that pricig and availability of black gold has become.
Furthermore, it is a well-known and accepted fact by those in the know that oil has been subsidized to tune of almost $5,000 GOLD VALUE PER BARREL for several years now.
Is it truly going to be a surprise to any upon this thread that we will wake up and find the world's YELLOW GOLD also an ace up the Arab/Wahhabi/Gulf State sleeve? This amounts to an Arabic embargo of both oil and "good delivery" gold from the Westernized world. And they will want OUR gold and OUR oil before they consider their "job done."
I boldly state that we have NOT seen exactly where the black gold's price will end up zooming to in the immediate future, nor for the next 50 years.
I also boldly suggest that NOTHING will be spared in the effort to wrest our nation's gold, nor the gold held by the citizenry from us by this same set of Saudi financed Wahhabi enemy both within our borders as well as abroad!
It has already been amply demonstrated to this poster's satisfaction that the POG is relatively low, in historical terms. But to contemplate that 50 years from now it & black gold will still be at $250ish and $28ish levels, is not only ludricrous but borders on lunacy.
GOT ENOUGH $250ish GOLD, folks?? |