Arab World's Turmoil May Spell Sudden Petrocollapse

[madibe]

Yes, it seems that the Media is mostly focusing on Libya....very little coming out about the rest of the region. From what I have found it is still turning nasty.

[UndercoverElephant]

Oh all right. How about if Abu Dhabi was parked off Denmark?

Still wouldn't be acceptable. Can't have non-democracies in the EU.

You are forgetting the 'wave of democratic revolutions across oil, gas and resource rich regions'.

They haven't produced any actual democracy yet. Don't speak too soon 'cos the wheel's still in spin...

[kenneal - lagger]

Securing oil and gas supplies might have an effect on French and German attitudes to new EU entrants, I suppose.

[snow hope]

Yes, just a bit Ken!

[Lord Beria3]

http://www.independent.co.uk/news/world ... 32928.html

Saudi Arabia was yesterday drafting up to 10,000 security personnel into its north-eastern Shia Muslim provinces, clogging the highways into Dammam and other cities with busloads of troops in fear of next week's "day of rage" by what is now called the "Hunayn Revolution".


Saudi Arabia's worst nightmare – the arrival of the new Arab awakening of rebellion and insurrection in the kingdom – is now casting its long shadow over the House of Saud. Provoked by the Shia majority uprising in the neighbouring Sunni-dominated island of Bahrain, where protesters are calling for the overthrow of the ruling al-Khalifa family, King Abdullah of Saudi Arabia is widely reported to have told the Bahraini authorities that if they do not crush their Shia revolt, his own forces will.

The opposition is expecting at least 20,000 Saudis to gather in Riyadh and in the Shia Muslim provinces of the north-east of the country in six days, to demand an end to corruption and, if necessary, the overthrow of the House of Saud. Saudi security forces have deployed troops and armed police across the Qatif area – where most of Saudi Arabia's Shia Muslims live – and yesterday would-be protesters circulated photographs of armoured vehicles and buses of the state-security police on a highway near the port city of Dammam.

Sounds like next weeks protests are going to be BIG. This could explode very quickly.

Depending on what happens on the 11th, I think i will stockpile stuff the next few days afterwards!

[Aurora]

Never put off till tomorrow ......

[adam2]

Never put off till tomorrow ......

Agree, it might blow over, but if the situation does turn serious, then it is no good leaving stocking up until everyone else has the same idea.

[Yves75]

Does anybody knows how the weapons market and laws work in Saudi Arabia ? A lot of people with weapons ?

[GAZ]

minimum age of 18 to pratice at licenced shooting ranges.

miminum age of 21 to apply for a licence to own and carry a firearm in Saudi Arabia.

before the law was tightened up anyone was free to own firearms in Saudi i'd imagine there's quite a few weapons floating about.

[Lord Beria3]

The first sign of unrest in Saudi Arabia is not the time the masses will panick. I would take weeks for unrest to reach the point at which oil starts to shutdown, resulting in food shortages.

In other words, from the first reports of protests in Saudi Arabia, you have maybe 3 weeks grace period of normality before a Alex Scarrow style collapse occurs.

Similar to the Lehman brothers collapse and a 3/4 week lag time before our banking system nearly collapsed.

So, when I say stockpile at the first sign of unrest in Saudi Arabia, you are doing it WEEKS before anybody else would.

The masses would panick around week 3 - assuming that Saudi Arabian unrest goes the same way as Libya - civil war and the shutdown of oil production.

[Lord Beria3]

http://www.collapsenet.com/

Youtube video of a Saudi protest.

[Lord Beria3]

For those who don't read my posts, please ignore personalities for the moment and READ this link. It is vitally important.

http://www.chrismartenson.com/blog/aler ... sletter_10

Chris has issued a emergency report.

A Global Meltdown
For decades, the world has been running its own nuclear-style reaction, only in the currency and debt markets, where exponentially-accelerating piles of debt and money have spun about faster and faster in a gigantic, complex, coordinated reaction, the core of which is, and always has been, the United States.

At the very center of this ungainly money reactor is the main fuel pile itself, the US Treasury market. With any interruption to smooth flow of money through this pile, it will immediately become unstable.

The threat I see goes like this:

Stage 1: The world watches, riveted, as Japan suffers a tragic and horrible earthquake and tsunami, but as horrifying as these are, they are localized phenomenon affecting a relatively small percentage of the country. The real trouble lurks within damaged nuclear plants, which are now ruined and will never again produce electricity for Japan, creating instant shortages that will take years to remedy. Worse, a dangerous plume of radioactivity is carried south by winds. Tokyo partially empties and shuts down for all practical purposes.

Stage 2: The abrupt slow down of the world's third largest economy alters the smooth flow of cash around the globe, and even causes reversals of some other long-standing flows. Chaotic eddies emerge in a decades-old pattern of ever-increasing flows of money into and out of the money centers, and various carry-trade and other interest-rate-sensitive strategies blow up. Manufacturing in Japan screeches to a halt, disrupting just-in-time manufacturing strategies both internally and across the globe.

Stage 3: In order to fund the rebuilding effort, Japan has to buy a lot of items from foreign suppliers at the same time that its exports plunge precipitously. At first Japan simply does not participate in US Treasury auctions, leading to a shortage of buyers. But eventually Japan has to sell some of its vast hoard of US bonds in order to pay for external items needed for its reconstruction. Further, insurance companies, huge holders of US bonds, face stiff liability claims in the wake of the worst natural disaster to hit a heavily industrialized center and are forced to redeem enormous amounts of Treasury paper. US Treasury yields begin to climb.

Stage 4: Continuing unrest in the MENA region serves to keep oil elevated and local funding needs high, while Europe's weaker players (the PIIGS) continue to slip under the waves. Money continues to ebb away from the US Treasury market. Forced by circumstance, the Federal Reserve reverses its linguistic course and opens the monetary floodgates once again. There's nothing like a crisis to justify more money printing, especially to a one-trick pony (the Fed) that only knows how to stamp its hoof on the 'print' button.

Stage 5: An increasingly chaotic monetary and fiscal situation spills over into the derivatives arena, creating a number of financial accidents. Stressed governments find themselves in more of an arguing mood than a pull-together-and-sing-Kumbaya mood, and agreements are hard to come by. Banks begin to fail again, global trade falls off, unrest continues to build, and then it happens - a currency crisis.

Stage 6: Everything changes. Faster than you think.

Edited - Kenneal