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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: not_prudent who wrote (144340)1/30/2011 12:09:33 PM
From: upanddown6 Recommendations  Read Replies (2) of 206338
 
From what I have seen of the media coverage in Egypt, It doesn't appear to be driven by Islamic fundamentalism. It seems to be about poverty, unemployment and hopelessness among young people.

The Muslim party has gotten on board but they are late to the game. It can't be lost on Egypt's young people that Islamic states are failed states UNLESS they have oil.

If other states in the region explode, I think the common denominator will be poverty and no OIL. The rich petro-states should be OK since they can always quell unrest with some cash.

In the end, it's mostly about money.
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