Loading ...That Saudi news is a stunner. Something tells me there’s a lot more to that story than meets the eye, not just corruption and money laundering.
As the article mentions, the move smells more like a prevention of a coup by those that are friendly to the U.S.
Recall the recent meeting of Bin Salman and Putin. Recall that the Saudi’s just intercepted a ballistic missile supposedly shot at Riyadh from Yemen?
I suspect we find out a lot more about this in the next few days. This could certainly be one of those black swans that comes out of nowhere, time to really watch oil. This could be huge and the beginning of the end of the petrodollar.
Then again, it could be cause for a 1000 pt. rally in the DOW. 🙂