http://www.upi.com/view.cfm?StoryID=20021130-122047-3824r http://www.arabnews.com/Article.asp?ID=20757 What do you think is going on here? Are there any reliable figures on just how much of us they own? Could it move the market if they dumped?
Sounds like sabre rattling, and I think if they did dump shares the market is large and diverse enough to handle it. Would anyone dump large blocks of shares and depress the price they were getting? Taking the money out of the US to go to Japan, So. America doesn't sound quite right. I read that the US is the Saudi's biggest oil customer and I don't think they would want that to change. They want it both ways, take our money and hate our way of life at the same time.