Comment: Riyadh: Saudi Arabia's King Abdullah Bin Abdul Aziz will not give the USA any money for the economic collapse! Since its TRILLIONS they need, mere billions from the gulf are are not needed. Saudia Arabia has purchased billions of dollars worth of GOLD. They are in a position when the US dollar collapses, the Gulf states will be in excellent financial shape!
From the Gulf News: (snippet)
He stressed that Saudi Arabia and other Gulf states did not and will not give any amount of money to the US for that purpose.
"All major countries in the world have been affected by the economic meltdown amounting to trillions and therefore, they are not in need of mere billions from the Gulf," he said.
OIL: "We see the fair price of oil as $75 per barrel," Saudi Arabia's King Abdullah Bin Abdul Aziz was quoted as saying in an interview published by Kuwaiti newspaper Al Seyassah.
The Saudi oil minister also identified $75 a barrel as a fair price for oil, the first time in years the kingdom has cited a price target.
Wow! The only thing is that oil will never rise to $70 a barrel for the next ten years! And gold is not going to rise either! Whatever!
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