by John Galt June 3, 2012 07:50 ET Here we go again. With the Saudi market bouncing back into a positive move for the day, albeit small (0.34%) and looking to close relatively flat there was some hope that the markets might recover in the Middle East to put a floor under U.S. collapse on Friday. Unfortunately the rest of the region is down but not as bad as the TASI yesterday so it would appear everyone is waiting to see what Asia…
by John Galt March 18, 2012 09:00 ET America’s preoccupation with starting a war with Iran ignores the reality of the Theocratic dictatorship on the other side of the Persian Gulf opposite of the nation which calls us the “Great Satan.” Saudi Arabia has a long history of purchasing Christian children as slaves from Sudan and other East African nations, oppressing all non-Islamic religious views, and enforcing the Wahhabi sect version of Sharia law. Per the news website Arabian Business on March 15, the Saudi…
by John Galt February 5, 2012 08:40 ET The United States citizenry continues to enjoy this bubble of disbelief, told repeatedly that the threats of the Arab Spring uprisings are overblown and that the concerns expressed are rantings of anti-Obama and anti-Democracy forces. Unfortunately for one of the most inept State Department regimes in U.S. history, the Arab Spring did in fact give way to an Islamist Winter and the dominoes have been falling as feared, one nation at a time. Kuwait joins this list…
By John Galt December 18, 2011 – 20:15 ET As Bahrain and Egypt are getting scant notice beyond some of the cable news outlets in the U.S., there are other regions roiling with protests and riots which will impact not just the geopolitical picture, but economic future of the West in the year ahead. Thus I thought some alerts as to what just might be coming is worthy of reporting. First from Reuters, a story today that could indicate that all of the plans of…
By John Galt November 16, 2011 – 17:50 ET In an article back on March 25, 2011 and on several podcasts, I warned about the ring of fire surrounding Saudi Arabia and the instability being instigated by the Iranians and their Shiite allies working to weaken the House of Saud and its influence over the region. Fast forward to the news from the Kuwait Times today and the exploding corruption scandal which appears to be awakening an Arab Spring type of demonstration in one of…
By John Galt June 20, 2011 It would appear some of the Middle East stock markets smell the liquidity crunch about to hit due to the potential Eurozone collapse. Here are some of the larger markets this morning:
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