Mish, we've talked by email a few times over the years. I'm old Buck the guy that will hire when I hit the lotto, hehe.
Anyway, I still maintain a lot of contacts in ME after being over there for years.
From a security point of view, I believe the KSA has a lot less of a chance of going over to the Yuan backed gold than it did a few weeks ago.
I'd like to hear your professional opinion on the subject.


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Mike Mish Shedlock
Mike Mish Shedlock


Hi Buck - I highly doubt Saudi backs its currency with gold, if that was the question.