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Gold/Mining/Energy : Barrick Gold (ABX)
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To: nickel61 who wrote (2471)5/2/2002 3:36:25 PM
From: nickel61  Read Replies (1) of 3558
 
In light of the previous commnets it is easy to see the entire crux of the US relationship with Isreal and the various oil producing countries of the Middle East...
In a nutshell the Saudis and the Iran/Kuwait/Iraq petroleum reserves(that are all fairly tightly located in a relatively small geographic area) contain the worlds lowest cost petroleum production. IF the US/UK were not able to ensure the control of these reserves then the price could be set at whatever level those who did control those areas wanted to charge..the game would be over...and the US/UK would be the servants and not the masters. The support of Isreal and its only populous possible combatant Egypt with unbelievable levels of direct foreign aid only makes sense in this light. We have the Isreali enforcer in the region to keep the muslim slaves in line..the royal family is there after all only because we put them in power and back it up with the US military might, but we need a close local power to punish those who might take actions against our control and that is the function of Isreal pure and simple...the other is all just dross to confuse and justify the process..It is time that we understood what we are really doing and see if the US population are really willing to lose their sons in the process.
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