Prince Salman's Shake-Down Worked -- Saudi Reserve Assets Continues To Grow -- February 3, 2017

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Title : Prince Salman's Shake-Down Worked -- Saudi Reserve Assets Continues To Grow -- February 3, 2017
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Prince Salman's Shake-Down Worked -- Saudi Reserve Assets Continues To Grow -- February 3, 2017

The change in the price of crude oil over the past month (nil) and the change in Saudi's crude oil export market share (nil) is unlikely to have explained the most recent gain in Saudi's foreign exchange reserves, but rounding up 100 princes with demands for ransom certainly could. Regardless, here's the latest report, posted overnight. Link here:

Maybe later I will do the numbers, but a glance at the chart suggest $2 to $3 billion improvement month-over-month.


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