Military History | How To Make War | Wars Around the World Rules of Use How to Behave on an Internet Forum
Saudi Arabia Discussion Board
   Return to Topic Page
Subject: Saudi's Wage Economic War on United States
wepollock    12/13/2002 6:25:00 PM
December 13, 2002 http://www.geocities.com/wepollock Today the currency markets are flirting with the US dollar cash index at 103.80. The break point to new lows for the USD will occur when the index breaks and holds below 103.50. On a parallel track, Jim Sinclair an expert in precious metals famous for managing the damage of the Hunt brothers failed attempt to corner the silver market, raised two talking points regarding the inverse strength of gold against the dollar. First, Sinclair talked about how the "discovery" process in the "Burnett" vs. Saudi Arabia lawsuit might cause the Saudi's to exacerbate a pre-existing systemic weakness in the dollar. Second, He talked about the announced acceleration of a Islamic gold currency tied to the Euro aimed at replacing the US dollar as the worlds reserve currency. Both these action items are Saudi initiatives and they are designed to weaken the United States. Dramatic moves to weaken the dollar, and to strengthen gold, are a direct Saudi retaliation related to US involvement in the Middle East. Saudi Arabia now wages an undeclared economic war on the United States. A main justifier for US military involvement in Iraq resides in the fact that we as a nation need to throttle in the more dangerous near term threat of Saudi Arabia. Iraqi "weapons of mass destruction," hidden from view in the Sudan, are a long-term issue but Saudi Arabia represents the largest near-term security problem and danger to the United States. With the recent weakness in the dollar we may be seeing the opening salvos in a conventional economic war. Conventional wars are waged economically. In parallel the United States may have to counter both an asymmetric and multiple conventional wars in Afghanistan, several nations in the Middle East, and perhaps parts of Asia. The tendency in this war will be that multiple international issues and escalations will occur concurrently in different theaters of operations around the world. As the United States moves towards Iraq, Saudi Arabia will push back economically. The United States may also need to counter exploratory aggression both from terrorists, hostile nations such as Saudi Arabia, and rogue nations such as North Korea and Iran. The Achilles heal of the United States resides in the preservation and continuity of its economic and technological dominance. Some natural economic forces causing a downturn in the US economy and dollar may be accelerated by intentioned international economic warfare.
 
Quote    Reply

Show Only Poster Name and Title     Newest to Oldest
Global-Islam    RE:Saudi's Wage Economic War on United States   8/10/2003 5:41:29 AM
Lol. Wait until we start trading Oil in Exchange for Gold!
 
Quote    Reply



 Latest
 News
 
 Most
 Read
 
 Most
 Commented
 Hot
 Topics