Why gold and oil will soar but the dollar and America we knew might be finished!

by Ron Holland

Oil at $200 plus a barrel will be the least of America’s problems when the Saudi Monarchy falls.

"If something happens in Saudi Arabia it (oil) will go to $200 to $300 (a barrel). I don't expect this for the time being, but who would have expected Tunisia?" ~ Former Saudi oil minister Sheikh Zaki Yamani 4/5/11

The most important question facing the United States today is whether the freedom revolutions sweeping the Middle East will impact the authoritarian regime of Saudi Arabia and the major oil producers surrounding this nation of major oil reserves? The second question is if the government is overthrown, will the new government continue the practice of pricing oil in depreciating dollars rather than consider new options?

The future value of the dollar and the dollar status as the world’s reserve currency depend heavily on the outcome of these two questions. This is why the price of gold could soar and the dollar move dramatically lower when the Saudi Monarchy is overthrown. I fear, the probable American military reaction to this scenario threatens what remains of our republic and may be compared by future historians as comparable in scope to Caesar's march across the Rubicon in Roman history.

"I don't think that what the King is doing now is sufficient to prevent an uprising. Saudi Arabia is a time bomb, but one that is constantly being reset," ~ Jaafar Al Taie, managing director of Manaar Energy Consulting

Today, I’m warning about the risk of a dollar and Treasury bond threat which could make the real estate collapse or 2008 market meltdown mere footnotes in comparison. Today in the Middle East, either by stupidity or design, the Federal Reserve’s perpetuation of the dollar and treasury debt Ponzi schemes is now dependent on the survival of a few dictatorial regimes staying in power in the Persian Gulf while surrounded by spreading freedom revolutions.

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