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Reminder: Saudi's 5 Million Bpd Gwahar Oil Field Is 60 Miles Away From Bahrain
The temporary lull in the Bahrain "peace" is over: Saudi troops have invaded the country, which has prompted the country's opposition to declare the escalation an act of war by Saudi Arabia, and as Reuters reports "Saudi troops who crossed into Bahrain were heading in the direction of Riffa, a Sunni Muslim area that is home to the royal family and a military hospital, witnesses said. They saw 150 armored troop carriers, and about 50 other vehicles including ambulances, water tankers, buses and jeeps. The vehicles were lightly armed and there were no tanks or missile launchers in the procession." All this serves as a reminder that should the violence in Bahrain not be contained, and if there is a "reverse invasion" out of Bahrain into Saudi Arabia, the Ghawar oil field, which supplies more oil than any country except Russia and the US, will likely be the first target of retaliating Bahrainis.
A just released graphic from Reuters should jog readers' memories.
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Yeah, Bahrain, sure. Lets see these sandnazis go after Lichtenstein. Talk about Waterloo and Stalingrad. Whoa.
Eggzackly right. Bahrain = non-country = non-issue. Like Qatif, just a sandy trailerpark polluted by heretics. The only thing worse than a non-believer is a heretic -- ask any Wahhabi.
60 miles is a long way when every inch is being defended by the US.
Thats exactly what "they" said about Bataan.
Stratfor has a very interesting strategic view of the Saudi-Iranian challenge over Bahrain.
http://www.stratfor.com/weekly/20110307-bahrain-and-battle-between-iran-and-saudi-arabia
<grabs popcorn>
+1000
+1 Has this even hit the news? Nope.
That, my dear ZHers, is the biggest milkshake in the world right there.
A mother will fight to protect her baby. Only this baby is covered in crude oil and produces an income stream that keeps the royal family in power.
Expect a lot of fight in this motherf**ker.
BTW now we know why Saudi Arabia paid to build the bridges from SA to Bahrain. Easy to drive the tanks into town for some celebrations and the great nightlife.
Then again, if this scenario happens...
One starts to wonder which side will be enticed to blow-up the King Fahd Causeway first?
http://en.wikipedia.org/wiki/Bahrain#Military
Wonder if something will actually happen.
On a related note: Can anymore SHTF today?
More S hitting T F : a second reactor blew up in Japan. Al Jaz has video.
http://english.aljazeera.net/news/asia-pacific/2011/03/20113144314279315...
Ivory Coast
http://www.reuters.com/article/2011/03/14/us-ivorycoast-fighting-idUSTRE72D4KO20110314?feedType=RSS&feedName=topNews&rpc=22&sp=true
""Can anymore SHTF today?""
...Iran will react to protect its fellow Shiites in Bahrain.
Watch for a Holy War between Iran and Saudi Arabia.
It's over Oil of course, neverthe less, Israel and all it's Zionists are at full blame.
...Keeps coming back to the safety of Canada's four western provinces...pletlhora of food, water, natural resources w/ only 12.5 million citizens...led by gateway city Vancouver BC...
http://seenoevilspeaknoevilhearnoevil.blogspot.com/2011/02/vancouver-bcworlds-most-liveable-cities.html
Let the North American anchluss begin.
Gateway city Vancouver is about to experience a nuclear winter.
A gigantic real estate bubble is about to burst in Canada as everyone and their mom tries desperately to sell their properties and bail out of the path of the nuclear cloud.
RUN FORREST, RUN!
Yes, van real estate will pop, but nuclear fallout of any serious consequence.....please get educated about the matter and stop propagating fear.
+1000 troll points. Have you ever looked at a map?
4.5M people live in British Columbia. 13.3% of Canadians. 600K of them, live on the island. The rest are in towns where the borders of these towns are surrounded by mountains.
Now...even if these 4.5M people, all wanted to sell in one part of Canada, they are all probably buyers somewhere else.
If you've ever met a British Columbian, you'd know, most of then think every other place on the planet SUCKS. (probably some truth there) They are hippies, who love camping, the forest and mountains. They are willing to pay for it, cause they would rather eat bird seed than pizza.
Nobody who doesn't live in BC, can possibly predict, BC real-estate trends.
Average price of existing homes in Canada, $342K CAD or $352K USD. A 20% crash, wouldn't be more than a year of after tax income, for the average family. At that point, homes would be below replacement value.
I'd like to point out, just about every other corner of the globe is practically on fire...except, Canada.
I live near a border town in Canada. Lots of American friends, lots of Canadian friends. Not a single Canadian I know, wants to leave. About 5 out of 6 of every Americans I know, are trying to figure out how to move here. I do consider my peers, smarter than the population, FWIW.
You bring up some good points, but any place near the Cascadia subduction zone being labelled safe is like saying those Japanese plants blowing up were built in a safe zone.
Of course inland is a different scenario, but advocating Vancouver/Seattle as safe is like saying Tokyo is safe to a fairly high degree.
Many similarities to Tokyo and Vancouver/Seattle. Many differences as well, but the 'subduction' zone similarity is the key.
I have lived in 3 countries, 6 time zones, East Coast, West Coast, Plains, Mountains, etc...
I would move back to Victoria, BC in a heartbeat. Vancouver, not so much so.
You work in Vancouver realty or something? Your city is terribly prepared for the imminent earthquake. Enjoy being a human pancake.
I didn't save 15% by switching to GEICO.
Yes CD, I also saved a ton by switching away from GIECO (went to Century21/Farmers, saved nearly 50%). Screw Buffett.
Warren Buffett is a piece of sh*t and a fraud.
don't jinx it. On that note, a paralegal in our office said all her animals are acting very strange over the last 24 hours
What state do you work in so I know where to stay away from? :>)
Another comment from Saturday referenced the west coast of US for strange animal behaviour. Seattle or there abouts if I remember correctly.
There have been 2 doozies involving the Pacific plate in the past year... Doesn't take a rocket scientist to look at Cascadia and take into account the last big one there was 300 years ago....
http://en.wikipedia.org/wiki/1700_Cascadia_earthquake
If that paralegal was a "real" attorney, I would guess all her animals are walking bow-legged.
Oh you mean like that Iranian warship firing a missile at Tel Aviv?
fuel rods in number 2 reactor are again "fully exposed"after water levels have fallen.
three soldiers killed in Yemen.
Damn powerful rods. Yemen is what....4000 miles away. Wow.
Are any of the useless talking head networks reporting on this? Maybe they're tapping the silver slippers together hoping it aint true. Or maybe they're just toe tapping in the men's room.
Exactly - look at that wide stance between Saudi Arabia and Bahrain
Yeah, they should'a released the BOA stuff a week ago--now it's lost in the bigger newsstream.
This is the perfect time for the CIA to confess to off-ing JFK, The Ramsey's to tell all about Jonbonnet, someone to point out where Hoffa is buried (or whatever...).
Never let a good crisis go to waste.
Let it be said that Tyler never misses any potential good news on a situation...
Good for the Bahranis not to back down. If they set the oilfields alight it will cause a mass uprising in Saudi Arabia as the Saudi citizens realize their welfare checks won't be coming
Things that have been toyaly discredited:
Efficient Markets Hypothesis
American "free enterprise / free markets"
Crony capitalism
Supply side economics
Francis Fukuyama's "The End of History"
History, Bitchez!
@Jim
Enjoyed your posts this weekend. We are getting a lifetime of history right now. I'm not a Mayan prophecy guy, but the next couple to 5 years look grim.
Better load up on oil on this dip! Black gold could be as good as PM's soon.
They're desperately trying to keep silver contained at $36 and under.
Under $36 is their target...
... and they'll do ANYTHING. After so many years I still cannot fathom how the CIA got away with assasinating King Faisal in 1975 under Gerald Ford's watch. Can you imagine King Faisal refusing greenbacks and only taking silver and gold for Saudi oil? The proxy was King Faisal's nephew: Faisal bin Musaid (son of the king's half-brother, Musaid).
When the tribes of the New World refused small mirrors, combs, and bibles in exchange for their silver and gold, the Conquistadors opened fired on them. When the Chinese refused opium in exchange for tea, china, silk, the Brits opened fired on them. When the world refuses US dollars (and all paper money for that matter, including Yen), what's left but the big guns?
Black gold is PM's... A rose is still a rose, as the old saw goes.
"Reminder: Saudi's 5 Million Bpd Gwahar Oil Field Is 60 Miles Away From Bahrain"... and defended by the Fifth Fleet. So remind me again: What's your point?
The 5th fleet has dug how many foxholes? Thats what I thought.
Most naval ships stay in the big blue wet thing, sand is not blue or wet!
When is Andrew Maguire releasing his bombshell. As mentioned on Max Keiser show. http://maxkeiser.com/2011/02/11/andrew-maguire-bombshell-information-within-two-weeks-max-keiser-on-aj-show/
http://www.zerohedge.com/article/coghlan-capital-andrew-maguire-launch-precious-metals-service
Coghlan Capital & Andrew Maguire Launch Precious Metals Service
Guarantee backed service provides real time access to calls by professional trader
New York and London, Feb. 23rd, 2011: Coghlan Capital today announced the launch of MetalsTrades, a unique service for gold and silver traders and investors. In addition to intraday traders this specialist service is ideally suited for traders or institutions that have or are looking to establish core positions in gold or silver and would like to hedge or capitalize on intraday moves in these highly volatile instruments. The service provides access to real-time calls and commentary from well known metals trader, Andrew Maguire.
I saw that article but he said people would be going to jail when he releases new information.
Saudi's invade Bahrain???....sell oil, sell gold, sell silver
Really?? This would reinforce a buy rating on oil in my opinion
OK It is BTFD somewhere hour.
In fact there FD's everywhere.
The sardines are running for the rocks and the groupers and pelicans are waiting for them.
And then they swim out to sea and the sharks, birds, tuna gobble at the edges of the bait ball that forms and slowly, ever so slowly, the bait ball shrinks to nothing ......
And hear you'all thought I was talking about fish
Chain Reaction
no we can see that it was not so difficult for the Illuminati...to stage the 1st n 2nd WW...
look whats happening in the middle east .....it looks so silly....why would all of the arab countries go to revolutions ...All at the same time....now food prices are increasing all over the world ...the Arabs are lucky they got Oil ...India is boring the brunt of both food and oil price rise....and then perhaps ...the illuminati hasnt chosen India as a stage for the 3rd world war ......
Oil will soar to $220 as Nomura predicted. Sadly, a nation's sovereign status is ignored more and more as SA invades Bahrain, Sarkozy pushes for invasion of Libya, etc.
The spice must flow.
So are the Fremen Shia or Sunni? Maybe they are Quranists?
Any clues who Muad'Dib is?
The White House said "We've seen the reports that you're talking about. This is not an invasion of a country" today.
My guess is the US is getting uneasy about the strength of the protests and called in their Saudi buddies to keep the peace, since if the US did it themselves, it obviously would look like an occupation to everyone.
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It's turning into a Sunni and Shia fight, what the Sunni govt. around the middleeast always feared. Remember, most of the oil production and wells are in the east of Saudi Arabia and thats where most of the Shia live.