Charles de Vaulx - Middle East nations are getting more petro-dollars as (oil) prices...

Middle East nations are getting more petro-dollars as (oil) prices rise, and they're not putting it back into paper assets. They're trying to protect the value of their profits -- just like in the 1970s -- so they're buying gold.

Charles de Vaulx

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Charles de Vaulx Quotes

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Middle East nations are getting more petro-dollars as (oil) prices rise, and they're not putting it back into paper assets. They're trying to protect the value of their profits -- just like in the 1970s -- so they're buying gold.

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middle east nations petro-dollars oil prices rise putting back paper assets protect profits -- 1970s buying gold

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