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Poll: How are gold and the miners going to react to the Saudi oil problem?

How are gold and the miners going to respond this upcoming week?

  • Gold up significantly - Miners down

    Votes: 0 0.0%
  • Gold up significantly - Miners down significantly

    Votes: 0 0.0%
  • Gold down hard - Miners crash and burn

    Votes: 0 0.0%

  • Total voters
    17

Strawboss

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#1
Serious times...

With Saudi Arabia poised to lose perhaps 50% of their daily output for some unknown amount of time - and with the very severe risk of additional attacks that could take off even more supply...

What does that do to oil prices and GAS prices?

How will gold respond next week? How will the miners respond (higher gold prices but much higher gas prices)?
 

anywoundedduck

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#2

Fatrat

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#4
Gold and gas up, miners I have no clue, and it serves the Saudis right for launching a vicious war against the Yemenis.
 

GOLDBRIX

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#5

madhu

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#6
Gold is going to be shorted down. Oil is going down and nasdaq and Dow stay flat , ppt will work. China’s gdp numbers have been fudged up 2% for 9 years and their gdp is no where near where they state it is.
 

Mujahideen

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#7
Yes it could- IRAN.
OR
As in horse racing Iran # 1, Saudi #1A.
When has Iran attacked the USA with out being provoked? The saudis did 9/11 and finance isis and al qaeda; kinda hard to top that.
 

Silver

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#8
Couldn’t have happened to a better country.
And the Barbarians thought they could exterminate Yemen and take their territory, now it looks like SA is going to get their asses handed to them.
 

GOLDBRIX

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#9
When has Iran attacked the USA with out being provoked? The saudis did 9/11 and finance isis and al qaeda; kinda hard to top that.
Uh, The U.S. embassy overrun under "Jimminy Cricket". 60 US Hostages.
 
Last edited:

Fatrat

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#10
Uh, The U.S. embassy under "Jimminy Cricket".
Only after we let a wanted war criminal hide in our country, we should have NEVER let the Shah in, nor should we have trained SAVAK. SAVAK (Persian: ساواک‎, short for سازمان اطلاعات و امنیت کشور Sāzemān-e Ettelā'āt va Amniyat-e Keshvar, literally "National Organization for Security and Intelligence") was the secret police, domestic security and intelligence service in Iran during the reign of the Pahlavi dynasty.
 

Mujahideen

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#11
Uh, The U.S. embassy under "Jimminy Cricket".
Was very much provoked to say the least.

That’s what will happen when a puppet dictator gets overthrown, the people who put them there via a coupe might get their embassy overran.
 

Fatrat

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#12
Iran may find their oil will sell a little better now, how do we play that angle if we can?
 

GOLDBRIX

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#13
Was very much provoked to say the least.

That’s what will happen when a puppet dictator gets overthrown, the people who put them there via a coupe might get their embassy overran.
So the Shah leaves for Egypt. Later finds out he has cancer and come to the states for medical treatment. Why didn't Iran attack Egypt ?
answer : BROTHER MUZZIES. Only attack the infidels.
 

Mujahideen

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#14
So the Shah leaves for Egypt. Later finds out he has cancer and come to the states for medical treatment. Why didn't Iran attack Egypt ?
Egypt didn’t help install a puppet dictator who was milking the country for its natural resources... that was the brits and cia.
 

GOLDBRIX

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#15
Egypt didn’t help install a puppet dictator who was milking the country for its natural resources.
But that is where the shah went first.
 

Mujahideen

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#16
But that is where the shah went first.
What would that even matter?

They went after the puppet master right on their soil.

I can’t blame them.

What would the USA had done in such a situation?

Bottom line is they were provoked.
 

GOLDBRIX

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#17
So, It wasn't about the Shah at all. Or they would have had issues with Egypt. Great Britain had more involvement than the US with installing the Shah. After all that is where BP ( British Petroleum) started.
 

Mujahideen

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#19
The Yemeni rebels, undoubtedly supplied by Iran.

It’s interesting to watch this pendulum swing. Not too long ago Syria and Iraq, both Iran’s allies, were in deep shit with the Saudi supported isis.
 

Usury

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#20
US officials publicly blaming Iran directly.
 

kiffertom

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#22
wonder if they did it to themselves to boost oil prices. nothing surprises me anymore! theres a glut of oil or at least there was. fill up your tanks tomorrow!
 

Son of Gloin

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#23
Well, so far this evening, gold and silver are both green and appear to be rising.
 

Strawboss

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#24
Well, so far this evening, gold and silver are both green and appear to be rising.
I would have thought gold would have moved significantly higher - perhaps $50 or so higher. Ghawar taken offline, Trump "locked and loaded"...

It seems "they" are sitting on the price - and I suspect its costing a pretty penny to keep it surpressed...

But - its only Sunday night...lets see what tomorrow brings...
 

Fatrat

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#25
No price rises yet as of 6PM Monday, I still betting we will see a 50 cent rise this week.