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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: John Pitera who wrote (137058)12/10/2017 9:54:47 AM
From: elmatador  Read Replies (1) of 217764
 
The Saudi prices arrested and the change the direction of BTC?
Peaked at 7.000 first week of November. Princes arrested Nov. 3rd. BTC reverted to 6.000 at second week of November. Then princes' family started moving their wealth on untraceable BTC and it went ballistic.

Saudi princes need to hide their wealth and quickly. In some cases, the Saudi government had been seeking to appropriate as much as 70% of a suspect's wealth, the Financial Times reported in mid-November. The settlements have the potential to channel hundreds of billions of dollars - allegedly accrued through corruption – back into depleted state funds. If you were the family of these arrested princes, plus the ones who had not been arrested but have got the message. What would you do? Move to Bitcoin.

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