Tag Archives: Mohammed bin Salman Al Saud

Aggregating in perpetuity

The mind at times makes a halt. I alerts its owner and gives him hell. This actually happened to me in the last two hours. You might have seen me going on on how some players were not paying attention. Over the last 24 hours I have ben watching this venue again, and my brain stopped me and went “Are you perfectly lame, dopey!” OK, I admit he used moron and a few other names (dopey is me going soft on me). 

You see, there is no chance in hell that this is the only thing they are missing. As such it was not merely me, they aren’t seeing a lot more, but what are they not seeing? We could consider where Google is looking at (nest solutions), we could watch where Amazon is focussing (Amazon shops) and we could offer that Apple is the new player, it is not. It merely looks where Apple is going, which makes sense to some degree. As such these players (as well as Facebook, Microsoft, SAP and a few other players) they are in some weird setting of returning to pre covid settings and as far as I can tell, they are missing a lot left, right and centre. 

So my mind gave a holler and went on a ‘Watch This!’ tour. That is where I have been the last to hours and suddenly the Middle East links make sense. Governments like the Kingdom of Saudi Arabia and a few others are now optionally in the market to extent where THEY can be, that was what my mind worked out in these news clippings in the last 24 hours. It also looked at the UAE and the interests of Sheikh Mohammed bin Rashid Al Maktoum. Now, be aware this is not a player to be taken lightly. He and Crown Prince Mohammed bin Salman Al Saud are no light players and they do not suffer fools, neither do the people in their inner circle. Yet if you make a good case, if you can support YOUR case with data and with facts, you could make a killing. These two players will pay for good ideas, so you are unlikely to get movement with the idea for a new potato peeler, but a setting to enhanced 5G applications and technology solutions that players like Google and Amazon might want, could find equal if not more eager potential in players like these two. Google and Amazon have gotten so used to people coming their way, the fact that these ideas go somewhere else could pay off, in my line it could mean a direct increase of $3,750,000 right off the bat, that more EACH MONTH by selecting another player that can afford your idea. I would like to add a word of caution. With these people you get one shot, thats it. Fumble then and you end with zilch, just a warning and it is up to you to adhere (or not) to those words of warning. I made my first move towards the Kingdom of Saudi Arabia, the UAE is in Melbourne, not in Sydney. So that idea is out, but where you are, the setting might be slightly different. And face it, there is no statistical chance in hell that the players we used to rely on ONLY missed where I was and what I found. So what else are they not seeing? That is your optional ticket to a new (less burdened) life. If it works you are welcome and you can buy  me a cold beer if you ever get the chance. Up to you, the information is given freely. And they are not the only ones. There is a top ten of Middle Eastern people who are multi billionaires and they are ALWAYS looking for the next pay off, so you might be barking up the wrong tree, you merely need to show and present a larger case and I gave you a few names yesterday. So go and see what you can make of tomorrow. My solution has three arms and an optional stage that goes beyond 50 million subscriptions. Can you equal it? I am not challenging you, I am asking you. You see there is Software as a service (SaaS), gaming as a service (GaaS), cybersecurity as a service (CSaaS), there is FinTech and a few other means and far as I can tell, players like Amazon, Apple, Dell, Facebook, Google, Microsoft, Netflix, SAP, and several other players are staring in the wide space and missing more and more niches and even more opportunities. A stage that is profitable for you. OK, I will admit that Facebook has an optional excuse, but when does company go soft on itself when $500,000,000 a month passes them by? You tell me, I have actually no idea. So what else are they not noticing and that might be the spark YOU need to make YOUR case and I am welcoming you to make these large blind players suffer a little more. And this is all before you realise that a few more players could be found in Canada, United Kingdom, Germany, China, India  and France. All players that would like a larger slice of whatever the tech players have and that was before the united onesies like Elon Musk come calling. It seems that there are a few more options for all of us, we used to rely on big-tech, but it seems to me that big-tech is broken. In named 8 players and you tell me who would openly ignore $500 million a month. We are looking in the wrong direction for our salvation and it is time we adjusted our views. I personally believe that Microsoft is lost, but the other 7 are in some unintended waiting area, now we can wait until they wake up, or we can offer it to other players and watch the panic when these 8 players suddenly realise that there are players NOW right behind them. I reckon that we can get a really good deal. Consider Netflix and see what happens when a player like CarryMinati extends its YouTube connection by adding whatever you have and adding 10-20 million connections. Google (YouTube) panicked too late when. TikTok came and now there I a contended first player. So what happens when half a dozen players suddenly become contenders in a field they were merely a top tier player? And they all have billionaires behind them hoping and seeking for more and we forgot about that part, at least I did, did you? So when my brain mentally bashed me and called me all things I prefer not to repeat here. My brain opened a door to other players. I was partially on board, but that was due to more factors, but now the playing field is wide open and players like Amazon and Google are now in the lower 5 choices. There are more than 5 more hungry for profit and there is the added profit, they are willing to concede to more whilst they grow their empire and you get a little larger slice, in my case that could amount to $45 million a year more, I’d buy that for a dollar (sorry, Robocop). So how much more could you make? And more important when the US sees that brain drain how large are the waves of panic that come then? 

I will let you work that out for your solution. For me? I am just fine at present, I merely need to wait (something I was never very good at).

Have a great Thursday!

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For those not seeing the oil field

There is a larger field, a larger oil field if you wish. And the people aren’t getting it. I get it, it isn’t an easy equation and it is not really your fault, because the media is guilty as hell in all this, but lets start at the beginning (well, some kind of beginning). One such headline is ‘Oil trumps human rights as Biden forced to compromise in Middle East’, it is one way to look at it, but it is the wrong way. My headline would have been ‘Greed is eternal at the expense of everything else’. The point here is that we get to see a few sides that the media is not giving us. It starts with the oil and that part is a lot more important than you think it is.  So lets take a look at the three nations and the barrels per day they pump.

United States11,184,870
Russia10,111,830
Saudi Arabia (OPEC)9,313,145

So America pumps out a lot of oil, now it makes perfect sense that they will not deal with Russia, but it is at present still an unequal information package.

You see the United States exported about 8.63 million barrels per day (b/d) and imported about 8.47 million b/d of petroleum. And now you think it does not make sense. So lets just say that the US is selling oil at $50 a barrel and buys it at $35 a barrel, so they get 8 million (rounded) times $15, is $120 million of profit a day and that amounts to $43.8 billion a year. Profit they basically got for free. The Kingdom of Saudi Arabia is not willing to give away $43.8 billion after the way the US treated the Kingdom of Saudi Arabia. There is just so much any person will take and I reckon the Kingdom of Saudi Arabia has taken enough of the treatment handed to them. So the US instead of catering to self sells 73% of all the oil they pump, so why should the KSA after the way they were treated cater to that situation? Even an alternative that the us keeps 50% of their sales, they hand the KSA 50% it might be seen as a compromise. The US could stop selling 2,500,000 barrels a day and cater to its own needs, but the profit of some are not easily swayed. They are seemingly willing to let the US population freeze to death (or boil to death). And these numbers are out there, the media has had them for the longest time. All these BS articles on going crude oil free whilst the US is selling 73% of whatever they drill. Seems a little hypocritical, doesn’t it? 

That 73% does cater to 176 countries and 4 U.S. territories, no one denies that, but the profit goes somewhere and not all of it to the US coffers owned by the US treasuries. Someone is getting rich and the media is happy for you to be in the dark about it. Ask yourself “How many media outlets have given view of the amount sold? Why is the US short on oil whilst the oil harvested goes somewhere else?” I get it, there is a need for profit, no one denies that, but we see all these articles that imply and suggest that the Saudi’s are the bad paty whilst the US is trying to get cheap oil so that they can sell it at a profit. And believe me, when we change the prices of the earlier given $50 and $35 into the real numbers the equation changes really quick and the numbers become exceedingly large. 

So why should the Kingdom of Saudi Arabia hand over profit that they are entitled to? Did you honestly think that Aramco was some non profit organisation? If it is it will be non profit for Saudi Arabia and its citizens, not for the US and their citizens, or the 176 countries that they could cater to. And the media does not really give you that, do they? So when the Guardian gives us “Brent crude hit a 14-year high of $139.13 a barrel in March, fuelling global inflation and a worldwide cost of living crisis. In the US, inflation is at 9.1% and accelerating, which is likely to translate into lost seats for the Democratic party in November’s midterm elections.” What happens when they sell 2.5 million barrels a day less and let that go to the US shortage? The equation changes by a lot does it not? 29% less sales will be felt all over the US and by Brent in particular, so why exactly does the Kingdom of Saudi Arabia need to play ball with the US, especially when China is exceedingly courting Saudi Arabia for all kind of goods and when I see the revenue setting of 375 billion + 530 billion that the Kingdom of Saudi Arabia is spending on improving Saudi Arabia, there is every setting where the US has overplayed its hand and China is now in a premium position to get their revenue balls rolling. A setting I warned about before Covid before 2019, there were courters in the field and when that overpriced US plane wasn’t going there, China could sell the Chengdu J-20 at a nice price to Saudi Arabia (I admit I was trying to get my foot in the door and make a play for a simple 3.75% commission), and when you consider that this bill might go up to 15 billion, my 3.75% makes for a nice half a billion (we all have overly big dreams), and merely to play the courier? You have got to be kidding, I am so ready for that part! 

But this was about oil and the US played the wrong hand several times over (like shaking hands with air) and now Saudi Arabia and especially Crown Prince Mohammed bin Salman Al Saud might feel that the US played them for a fool and the problems start when the US could not afford problems. A stage where we see that Brent Crude is not so innocent and the media should have been on top of this, but I will let you people decide how that should be seen.

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The media gets it this wrong?

That is more than a question, it is a statement and the ABC is joining the tool section of media. This all started today when I saw a piece by Stan Grant. The article (at https://www.abc.net.au/news/2022-07-17/joe-biden-upholding-rules-based-order-shaking-hands-with-killers/101242386) gives us ‘For Joe Biden, the price of upholding a global rules-based order seems to be shaking hands with killers and tyrants’ and the article is lousy from the start. We get “So this is what the global rules-based order looks like: US President Joe Biden sitting down with a Saudi leader with blood on his hands. US intelligence says Crown Prince Mohammed bin Salman approved the killing of journalist Jamal Khashoggi in 2018. His body is believed to have been cut into pieces and incinerated.” A little recap. The UN report (at [381]) gives speculation what had to be done, but there is no evidence of any kind that the CIA or other intelligence agencies had ANY realistic level of evidence that Khashoggi’s life was in danger, more important none of the evidence shows that there was a definite evidence. I saw one report that gives us that it was highly likely that a member of the royal family was involved. Lets repeat that ‘Highly likely’ and that is not evidence, as such the statement ‘sitting down with a Saudi leader with blood on his hands’ is a farce and pure speculation. In addition the statement “His body is believed to have been cut into pieces and incinerated” is equally speculative. Then we get to the statement “Osama bin Laden, who plotted the attacks, was a Saudi. Of the 19 terrorists who carried out the attacks, 15 were Saudi citizens. An FBI report has linked a Saudi diplomat to the attackers.” Lets look at that. The more correct version is “Osama bin Laden, who plotted the attacks, was a Saudi, trained by the CIA” as such the attack on America was done by a rogue CIA agent, but that is bad PR, is it not? Then we get “When it comes human rights, China ranks higher than Saudi, according to Freedom House.” Based on what data? How many nations were tested? These seem like harsh questions to ask, yet the writer added the line in the middle, so these questions are valid. Especially as Freedom House is added once in the entire text, the context is gone. In all this the Uyghurs might not agree with that statement, but behind every silver lining a new dark cloud is hiding. 

Is Saudi Arabia a perfect state? Not according to many in the west, not according to non-islamic people. I do not know, I have never been to Saudi Arabia, what I saw was from YouTube. I saw the Hajj today, I saw Mecca, a place that a christian will never visit because it is off limits to non islamic people. Am I upset? No, I am not. I reckon that there are places in Saudi Arabia I would want to see before Mecca ever graces my list. It is nothing negative, it is that Riyadh, Jeddah and Dammam have a lot to offer. I saw the video’s and they look awesome. I saw the Hajj, thousands of people united in one faith and these people are a mix of Sunni and Shias, praying next to one another in peace, more important they all have the same Quran. Try that in the western world. The Protestants and Catholics have been at each others throats for centuries and they still are. There are over a dozen version of the bible and they all claim theirs is the real one. There is ONE Quran! In the Mecca walk that someone posted I saw Mecca. I saw the streets, I saw a surprising amount of high rises. I saw Haagen-Dazs and I saw two KFC’s. I saw a shopping mall that is every bit as luxurious as the ones I saw in Sydney, Bangkok, Chicago or New York. I saw a vegetable store handing out bananas to passing people. Try that in London. I saw people happy and walking in joy. I think that we are more alike than unlike and it made me happy. The streets were clean, the people were walking all over and as they were closer to the Mosque, the pilgrims stood out in their white cloaks, all unified in faith. I can honestly say that I never saw such a sight in Lourdes. I saw no discord, It was an awesome sight. 

This all reflects back to the article. Is MBS guilty? No! He is not, is he innocent? I cannot tell because there is no evidence, and that what is there is warped. I stated that several times and there is something to say for the rogue agents. We have our own Cardinal Richelieu (1585-1642) to thank for that. Wasn’t it he who said “Oh, who will relieve us of these blasphemers?” No order was ever given, but the blasphemer was gone. Was this the same? I cannot tell, there is no evidence, but it seems clear that rogue agents were hoping for some reward. I like the response of one of the spokespeople best “Khashoggi doesn’t make the top 1000 of worries of the Crown Prince”, it is paraphrased. I tried to find the article again, but I was unable. Consider the facts, when Khashoggi was alive he was a mere columnist for the Washington Post. I reckon that less than a thousand non WP readers had a clue who he was. And now his name is stated in nearly every article that mentions Saudi Arabia or the Crown Prince Mohammed bin Salman Al Saud, have you not noticed that? So in this age, the US needs cheap oil and Saudi Arabia is the only source left for America. And in that race no one is asking why the US needs Saudi oil. You see America is the largest oil producer, followed by Saudi Arabia, Russia and China. In this day and age of everyone screaming to reduce oil, why does the US need Saudi oil? Perhaps the US needs to reconsider the stupidity they preach and come out clean why they need more oil. They are by several sources the largest producer of oil, so why would they need more? Perhaps I was right all along, to reduce oil usage one must redefine what is essential, it seems that the US is not doing that. But that side of the equation does not make it into the media, does it?

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Ding, ding, prices are going up

After I wrote ‘A symphony in only two parts?’ (At https://lawlordtobe.com/2022/03/16/a-symphony-in-only-two-parts/) two articles appeared (might have been more, but these two lighted up). The first one is from a place called oilprice dot com. The article (at https://oilprice.com/Energy/Energy-General/Saudi-Arabia-Considers-Ditching-The-Dollar-For-Chinese-Oil-Sales.html) gives us ‘Saudi Arabia Considers Ditching The Dollar For Chinese Oil Sales’ with the added “According to the report, the talks with China over yuan-priced oil contracts have been off and on for six years but have accelerated this year as the Saudis have grown increasingly unhappy with decades-old U.S. security commitments to defend the kingdom.” OK, that is fine, but I reckon the way Crown prince Mohammed bin Salman Al Saud has been treated by some will not have helped. Moreover if China sets the barricades of pushing forward and aiding SAMI in getting the internal growth desired these pushes might come to fruition. We are also given “China buys more than 25% of the oil that Saudi Arabia exports, and if priced in yuan, those sales would boost the standing of China’s currency, and set the Chinese currency on a path to becoming a global petroyuan reserve currency.” I feel uncertain to answer that part, but consider that there is a limit to oil, consider that China will request not the 25% they get now, but 30%, with an overcapacity of amount X, now consider that Saudi Arabia (ARAMCO) does that and therefor the US (and west) will now receive 5% minus X less. Prices will skyrocket. More importantly in the last hours we saw ‘Boris Johnson Visits U.A.E., Saudi Arabia, Seeking More Oil’ and here too we see the British PM go home without any commitments, CNN even gives us ‘Biden demands faster drop in gas prices as oil tumbles’, so where is he going to demand that from? Russia? Venezuela? UAE? Saudi Arabia? The man who was desperately outspoken about making Crown prince Mohammed bin Salman Al Saud a pariah is now telling that same person to drop prices? Man does karma suck and then some? We see the stage of painful karma in article one, but why article two? That is seen as we contemplate the title ‘Saudi Arabia’s Oil-For-Yuan Bid Won’t Threaten the Dollar’ (at https://www.bloomberg.com/opinion/articles/2022-03-16/saudi-arabia-s-oil-for-yuan-proposal-won-t-threaten-the-dollar) it is a good and decent piece, but an opinion piece none the less. There we get “Is there a situation more absurd than two of the world’s most dollar-dependent economies promising to free themselves from the exorbitant burden of the dollar?” I believe that a few gaps are there. This is no longer a ‘too big too fail’ market. The US has a debt surpassing $30,000,000,000,000 and that debt is growing by billions a day. In addition in this economy that is picking itself up fuel prices could (could being the operative word) go up by 20% before October and then winter comes. You all watched the income of dreaded winter in Game of Thrones, now you get to see it in your neighbourhood (if you are north enough to see it for yourself). So the quote “it’s inevitable that the perennial chatter about the yuan challenging the dollar’s status as the world’s reserve currency should be revived. Such talk has always been fanciful — but it’s even more unlikely right now.” The man is not incorrect, but these talks have been going on for 6 years and in that time the largest one has surpassed a point of no return point in debts, and number two and three (EU and Japan) are not that far behind, they will take extensive damage if the dollar topples. Yes, we all here that noise “It will never happen” but really? How much debt will that take and when it happens, the Kingdom of Saudi Arabia will have to do whatever is best for the Kingdom of Saudi Arabia. The writer then gives us “The yuan punches far below its weight in terms of foreign exchange transactions, and the dollar punches above its weight” which to some degree gives us that Saudi Arabia might consider it and when the oil shortages start adding up, that move of Saudi Arabia solidifying longer and stronger walls with China the stage is partially set. Life in the US and EU will become unbearably hard. Even now Japan is trying to set up new stimulus packages and we saw how great that was for the EU, trillions in added debt and no restarted economy. Ad there is a direct link in support between the US, EU and Japan. So when these support structures collapse we see a sort of house of cards impact and that affects the global economy, no matter how you want to present that picture. Consider the simple stage of California. In Los Angeles fuel costs $5.876, now consider adding 20% to that, all whilst life in Los Angeles (all over California) is as expensive as it ever was. With the shortage of drivers and deliveries that market will sure to set a few more stages. In 11 districts in California fuel prices are (presently) the highest ever, so add 20% to that? You think it is impossible? Think again. The Middle East has given NO guarantees that there will be more fuel, it basically has no interest to do that, or to lower prices and around the corner is China enjoying the commercial stage the US (EU too) pushed themselves in and they get to direct the fallout of that setting. 

Now, there needs the be a clear message. “I could be wrong” an educated guess remains a guess, yet what I found is coming from decent sources and because the writers do not want to look into the dark corner does not mean that dark corner goes away, it merely means that whatever comes from there will come less expected and hits the people squarely on the jaw. And the setting that we see now has been growing month after month for about 2-3 years. So the people in that corner WANT this to happen. Like myself they are hoping for that fat bonus and some of them have received guarantees (I did not) So the people pushing this have an interest to push this. I do not care that much unless the 3.75% bonus comes my way. At that point I would state ‘Push all you want’ because that too is the result of a commerce based world and now the inhumane setting of that becomes clear. The US never cared when they got to call the shots, but that is now no longer the case is it? So when we see a president giving CNN ‘Biden demands faster drop in gas prices as oil tumbles’, they seemingly forget that oil prices were dropping when there was still supply at a higher price and there is a decent chance that these prices will go back up before those reserves are completely gone. And when they are gone oil volatility will hit American households all over (EU too). The dream of every family it own car will be to live in a stage of perpetual work at home because the people cannot afford to go to the office and then reality comes calling double quick. So perhaps yes, I do hope I get my bonus, if only to retire with a will to live and I am not alone in that setting. There are millions like me all over the world. 

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A symphony in only two parts?

That is the question at times. We see two events, two articles and we forget that there are a dozen other connections. I am not different, at times I overlook them too, not always but frequently. It is a mix of a larger stage, more connections, more unregistered events. Yet for now we start with the first nail in the coffin of American economy. The article from Reuters (at https://www.reuters.com/world/middle-east/saudi-arabia-invites-chinas-xi-visit-wsj-2022-03-14/) gives us ‘Saudi Arabia invites China’s Xi to visit’, the article states that this could be as early as may. Right before the Midterms in November 2022 the US is now likely to face that dozens upon dozens of billions walk from the US side straight into the hands of China (and me missing out on commission, darn). Is this a given? No, of course not. There could be a dozen reasons why President Xi Jinping might be visiting. But how often has ANY Chinese president done that? And Crown Prince Mohammed bin Salman Al Saud is eager to set his defence and SAMI to higher values and I was clear in the two years that this was coming and as far as I can tell, President Biden has soured the waters enough for this to become a reality. Some focusses on weapons being sold, I say in THIS economy you should not ignore the nations Saudi Arabia, India, Egypt, who are the largest importers. In this stage where the US HELD 37% and China only 5.2% the stage is now set where China can progress a lot higher on that list and should they get the bulk of Saudi and SAMI attention there is a clear stage where the new numbers will represent (2023/2024) could state that the US hold 25% and China then could be holding 17.2%, it then places China right next to Russian exports and the US a lot more to that stage, a stage where it is now an almost fair fight between the US, Russia and China, but to be clear was that EVER an economic stage where you WANT a fair fight? A stage where China overtakes both France and Germany as supplier? This is the stage that could inhabit the Middle East and that is merely the beginning. You see the partnerships that the Kingdom of Saudi Arabia and Egypt have also sets Egypt in the sights of China as a defence trade partner, a stage a few people overlooked and that drives Chinese export achievable needs up a lot more. So the damage to the US might increase over the coming year and those who want to be in denial, go right ahead, the article with ““The crown prince and Xi are close friends and both understand that there is huge potential for stronger ties,” the report quoted a Saudi official as saying. “It is not just ‘They buy oil from us and we buy weapons from them’.”” I like the part “It is not just ‘They buy oil from us and we buy weapons from them’” the best, it might not be merely just, for China that is a good deal in several ways and when that deal gives China more oil, it will mean that it gives the US less oil a stage they feared for some time and the oil market has been volatile on these fears alone. So when I was mentioning that whatever relief the oil prices give us today, tomorrow will be different and now we see that fear come to fruition, not immediately mind you, but the price of fuel will go up again and again, how high? I cannot tell but the stage where we saw the American administration make statements like “You can pump more oil, so pump more oil!”, it was nice but there is now every chance that the extra oil (plus a little more) goes to China. Will the UAE do the same? I cannot tell, but the US better become best buddies with Sheikh Khalifa bin Zayed Al Nahyan and Sheikh Mohammed ibn Rashid Al Maktoum, because if I see this right, the US will need every friend it can muster in their oil needs (a few others too) and in that need they better realise that catering to Iran will not merely be unrewarding, it will soon become dangerous on more than one field as well. I mentioned two years ago that yielding the Middle East to China would be one of the most dangerous things ever, and that was merely economically. Now we see one field exposed and the construction opportunities in Neom could also go towards China, a stage that makes the US (EU too) more and more irrelevant, a stage the US themselves threw upon their own economic needs. Now that it is becoming more and more realistic these people will not be allowed to cry with the “Why oh why” statement like little chihuahua’s. Or as my grandmother used to say “You do not bite the hand that feeds you” a practical lesson that the US will now face within the next 3 months and the 2 years that follow. A stage that the Biden Administration failed to spot in some stage of ignorance and now as we see it optionally unfold (it might be that President Xi Jinping is visiting to buy real estate in Neom) some might see the dangers that are coming the next year or so and the impact over the next decade. I merely loose out on commission (oh, poor poor me). 

 

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