Replies

of course this is bad but the price will only be up a short period before coming back down how ever the long term oil will remain up, the dollar is losing value on world markets, the oil increase is due to dollar losing value in markets and is why saudis raised the price of oil to make up the losses from the dollar, oil going up is result of that. add in to this the attacks you have a supply and a oil price problem none of which has occurred in past but seperatenow you have the two coming together and has same setup with past scenarios acclimating in to one which will likely send oil over $92 a barrel as did in 1980 and gold hold at or above $1600, gold should go above $480 in august and above $530 for 2005 if not sooner, should threats be carried out here in U.S on refineries & distribution points then you will see oil much higher than $120 a barrel and stabilizing at $140, gold will like be much higher than $1600oz mining stock on the OTC that has been around since 1980 will see its highs and then some. multinational troops can do nothing they never have and is no history of it doing anything, what you have in saudi arabia is the ruling tribe losing control, several coupes have been attempted against royals, saudi security forces have been infiltrated and shows serious risk of escalating further in to decay, take notice of the security measurements and how they got around it, shows there is a breach at highest levels of saudi government the royal family must beaware of it and they haven't stop this one means it will happen again and again, the intelligence is much better than those at compounds means it will take place again and again. if the U.S is to understand and beat terror networks in saudi arabia it needs to understand the islamic battle tactics of its history or terror networks will beat them there, europe and U.S. their main target is the U.S dollar given time they will dump it as those against U.S, OPEC has already started pricing oil in a basket of currencies mainly euros time comes they will make a total switch killing the dollar even more so pull out of investments here in U.S, mining stocks in market will go higher as most people exiting markets to stop losing cash will go to mining stocks as a quick entry as they cant go out to buy actual gold coins, COTS in market shorting gold for years are beginning to go long on gold and once this happens and you can besure they're intelligence is good that gold will go vertical.

what you are seeing in arabia is a change that will eventually take place and Id bet that bin laden isn't far from there as being looked at as the enlightened one, U.S wouldnt touch him there in the tribes of the desert. matters there are going to get worse,weapons of mass destruction have been circulating around the middle east the impact of one showing its face in one of the terror acts will be the tip of the ice berg, seeing terror acts in middle east one should prepare financially