OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

It continues….could get interesting if Holter’s right

Posted by Buygold @ 11:54 on August 23, 2015  

Gulf Markets Melting Down: Saudi Arabia Plunges 7%, Dubai Sold

Following the end of a horrible week for petroleum importers (not to mention shale producers) despite WTI briefly dipping under $40 (wasn’t this supposed to be great news for the US economy?) we have the start of a just as ugly week for the Persian Gulf oil exporters, whose Sunday market open can be described as a continuation of last week’s broad risk carnage, and where Saudi Arabia, until recently the region’s best performing market, is now down 10% for the year and down 30% compared to 12 months ago.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.