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Olduvai III: Catacylsm
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Attention Finally Turns To Saudi Arabia’s “Secret” US Treasury Holdings

Attention Finally Turns To Saudi Arabia’s “Secret” US Treasury Holdings In November of 2014, we announced the quiet death of the petrodollar. The system which underwrote decades of dollar dominance and kept a perpetual bid under USD assets met an untimely demise when the Saudis moved to bankrupt the US shale complex by deliberately suppressing oil prices. […]

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Saudi Arabia’s Oil-Price War Is With Stupid Money

Saudi Arabia’s Oil-Price War Is With Stupid Money Saudi Arabia is not trying to crush U.S. shale plays. Its oil-price war is with the investment banks and the stupid money they directed to fund the plays. It is also with the zero-interest rate economic conditions that made this possible. Saudi Arabia intends to keep oil prices low for as […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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