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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (111989)10/16/2008 11:49:32 AM
From: Fiscally Conservative1 Recommendation  Read Replies (1) of 206184
 
Commander:

I truly respect you work. But I think there is far more involved here.

The House of Saud as been in Bed with this current Administration since the old man was in office back in 1990. They begged the Sauds to increase production this summer to help orchestrate this huge drop. I say help orchestrate because there have been many other factors weighing in;most noteably the strength in the dollar against a fall in the Euro. Global slowdown was orchestrated. The pendulum swings hard in both directions.

Self preservation? Why would the Sauds have increased production this past summer. Surely they must have known fully well the implications for such a move. But increased they did.

Paulson is behind much of what is happening in the global financial market,imo. His mandate is not self induced but comes from a much higher authority in our own government with Goldman Sachs conducting.
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