Gravitas: Saudi Royals are selling their assets: Here's why

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  • čas přidán 24. 04. 2022
  • Saudi Royals are liquidating their assets worth Millions. Real Estate, yachts, artwork & jewels, they're selling it all. Is it because they want to hide their wealth or do they fear a purge by Crown Prince MBS? Molly Gambhir reports.
    #Gravitas #SaudiRoyals #Assets
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Komentáře • 1,8K

  • @charlesaneks8321
    @charlesaneks8321 Před 2 lety +1012

    They have learnt from Russia that having assets overseas is nothing but a a hindrance to their sovereignty. They have viewed first hand that countries only allow them purchase those assets to use as leverage against them when it comes to forcing their national interest policies down the throat of adversaries. as such in order not to be held at ransom best is to be economically and financially free from potential enemies. The heightened tension of oil politics between the west and Saudis is the driving force behind this move.

    • @MikeOxlong-
      @MikeOxlong- Před 2 lety

      And yet in the case of the west, they do it to themselves... especially since the latest so called administration came into being.
      It’s not like Canada doesn’t have the worlds second or third largest proven oil reserves or anything, or that with today’s prices it’s not economically viable to restart drilling and fracking in the US either...
      They just want to strangle themselves and their people.

    • @abnerrenaud6768
      @abnerrenaud6768 Před 2 lety +26

      Agree, makes sense

    • @charlesforrest7678
      @charlesforrest7678 Před 2 lety +54

      Saudi's have come to realization that they also on USA top ten list. Kissinger always said uncle Sam has no friends, just assets, as in kiss them goodbye.

    • @brianvernon6567
      @brianvernon6567 Před 2 lety +8

      Yep same suh

    • @jeromemarshall9930
      @jeromemarshall9930 Před 2 lety

      this is one of the more practical answers as opposed to all these comments from these religious gloom & doomer nut jobs...it has nothing to do with the decline of the dollar, because if that was the case, the Emirati/Qatari/Bahraini/Omani royal families would be selling off "foreign assets "as well. Saudi royals are taking note of the Russian billionaire oligarchs and they don't want to end up in the same boat...or yacht lol...that simple...

  • @GD-mw1kd
    @GD-mw1kd Před 2 lety +851

    There is a shift in the geopolitical wind. Saudis are changing their camp. The ongoing European conflict has showed how foreign assets get confiscated with no time to act.

    • @lukemurray4950
      @lukemurray4950 Před 2 lety

      People who watch this channel are so brainwashed it's unreal. Russia knew exactly what was going to happen and had even prepared for it for years!!

    • @GD-mw1kd
      @GD-mw1kd Před 2 lety +49

      @@lukemurray4950
      Well for starters, USA has become from world's biggest oil importer to world's biggest oil producer over last six to eight years. Saudis know that USA don't need gulf oil, so naturally they would seek out the second biggest oil consumer, or the third biggest. The gulf countries would always keep converting their oil money into better security systems, no matter what. The only difference is that USA ain't going to be made part of that. Sooner or later Saudis will find themselves in crossfire, while sitting on that oil money, they might be just preparing themselves.

    • @nkosibless2253
      @nkosibless2253 Před 2 lety +1

      @@GD-mw1kd biden literally begged the Saudi to produce oil for America and they refused

    • @KingsKeep
      @KingsKeep Před 2 lety +20

      I think they are also investing in solar; with them being in the desert, it sounds like a brilliant idea to me. I guess we will see where things go in the Persian Gulf.

    • @coding7196
      @coding7196 Před 2 lety +17

      @@KingsKeep The Arabians could get tons of power from solar panels; it's so sunny there.

  • @giridharnatarajan842
    @giridharnatarajan842 Před 2 lety +320

    It’s not safe for any royals or politicians or oligarchs of these countries to keep their assets is west. After what happened to Russian oligarch, the west can any time freeze their assets.

    • @WilliamStewart1
      @WilliamStewart1 Před 2 lety +14

      Yup, and we just get to continually reap the rewards of the governments doing that with our $2 a liter fuel full of ethanol.

    • @johnnymc5675
      @johnnymc5675 Před 2 lety +4

      Very true

    • @hootowl6354
      @hootowl6354 Před 2 lety

      That's right, but it's not the reason for the sales...unless the Sauds are secretly planning on conquering a peaceful neighbor and want to get out in front of the ethical blowback.
      Everyone should remember, ethically, the Sauds are not any better than Putin. All of these corrupt regimes put their money at risk when they invest in western nations that have a more modern rule of law.

    • @davidarundel6187
      @davidarundel6187 Před 2 lety

      It's not safe for any country to have gold reserves on deposit at the federal reserve , since Richard Nixon , knocked everyone's gold , before Watergate broke .

    • @virginiawoods4796
      @virginiawoods4796 Před 2 lety +1

      Don't forget the movie stars corporate leaders politicians presidents kings queens popes and his minions. 1% of the world controlled the world now 1% will be locked away or sentence for the crimes they have committed ⚰️⚰️🎯⚰️⚰️ burn in hell Lucifer's waiting for them.

  • @antonyswamyedwardirudayara576

    The attitude of America and its Western allies towards Russia changed the trust on America and its Western allies. As the Saudi Arabia took the stand against America, it fear that in turn America and its Western allies frieze their assets in that countries.

    • @monipenny408
      @monipenny408 Před 2 lety

      The Saudi had simply revealed the true nature of western allies, master of thievery.

    • @MrJay8633
      @MrJay8633 Před 2 lety

      We wouldnt do that unless they attacked someone,its not how shit works,you have a kleptocracy invading a sovereign state and ruining private citizens property ,who is gonna replace it,im sure insurance isnt gonna rebuild Ukraine,thisis best for the little guy,they will get proceeds for weapons to defend themselves and to rebuild and feed their people.same type of deal after WW2 for Germany and Japan,they are almost done paying reparations for destroying millions of lives.

    • @hootowl6354
      @hootowl6354 Před 2 lety

      And that's a good thing, for the west. At certain points in history there comes a time when you have to choose between right and wrong. Putin's invasion of Ukraine is 100% wrong. Enabling him in any way, shape or form is unethical and immoral. The west is doing what ethics and morality dictate.

    • @monipenny408
      @monipenny408 Před 2 lety +6

      @@hootowl6354 It always fascinates me how there are people like you, with such superior sense of righteousness.
      I wonder if you would apply the same zeal the same criticism when US, UK invaded Iraq based on false premises, or when US, UK invaded Iran, Syria, Libya, Afghanistan, Yemens.
      It is not like we are short on examples of other atrocities and war crimes so called "benevolent" US, UK committed and are still committing.
      Did you even realised, it was Nuland, US state dept who orchestrated the Ukraine conflict, or that US, UK special forces are in fact training Azov, Right Sector neo nazis?

    • @hootowl6354
      @hootowl6354 Před 2 lety +5

      @@monipenny408 I think we'd be in total agreement on Iraq. The others, not.
      The rest of your comment sounds like it came from RT, so I don't take it seriously. Who invaded who, and what has it led to?
      What fascinates me is that you'd compare instances of U.S. or U.K. committing a relatively few war crimes hear or there with what Russia is currently doing to Ukraine as a matter of practice. And what did Putin do in Syria, and Grozny; and how did he get himself elected in the first place? Have you read Putin's Kleptocracy, for example? Yes, I see that no country does everything by the book, but somehow attempting to equate Putin with anyone in the west does not make you look good. The world's a messy place. The ones who make it the messiest are those like Putin. I'm not on his side and I don't apologize for it. I'm very glad for anything done to make his life more difficult. My only Russian friend agrees. And I sure as hell am glad for the Ukrainian people that they don't have to live under a Putin puppet rather than Zelenskyy.

  • @gamej7946
    @gamej7946 Před 2 lety +270

    They want to keep their monies home instead of them purchasing luxuries outside and getting notoriety from it. They should sell their investments in foreign sports clubs too.

    • @lukemurray4950
      @lukemurray4950 Před 2 lety +9

      You really don't get why they are buying these sports teams though. It's to have influence over the thing that influence western people the most. It's not a tactic I agree with but you cannot act like it's not beneficial for them.

    • @collinmarshall9254
      @collinmarshall9254 Před 2 lety +10

      Try to differentiate between investments and extravaganza spending state money on luxuries for personal use.

    • @putmynameontheinternet8133
      @putmynameontheinternet8133 Před 2 lety +3

      but... those are income generators, (unlike the several estates that just sat empty for sometimes years on end.. until they finally decided to spend a week in LA or wherever.)

    • @zizimai7568
      @zizimai7568 Před 2 lety +3

      Dont worry, soon they will be selling sports club too.

    • @collinmarshall9254
      @collinmarshall9254 Před 2 lety

      @@zizimai7568 Happy waiting. You are probably no longer alive to see that happens.

  • @tenton459
    @tenton459 Před 2 lety +230

    They are getting rid of assets in countries which have a habit of 'freezing' (I.e grabbing) assets in their countries. Saudi Arabia has been disobedient lately.

    • @jadenjaden1180
      @jadenjaden1180 Před 2 lety

      sanctions are imminent if they decides to go ahead with the petro yuan

    • @monipenny408
      @monipenny408 Před 2 lety +15

      The race is on, Saudi has to act quickly, one thing for sure, US and allies will be coming for Saudi, just like they did in Pakistan. A regime change in Saudi is only a matter of time.

    • @Rema-4919ab
      @Rema-4919ab Před 2 lety +2

      Saisir ? VOLER est plus approprié entre pirates escrocs.

    • @alialshehri6977
      @alialshehri6977 Před 2 lety +4

      @@monipenny408 Saudi Arabia is an absolute Monarchy run by a Royal Family. There’s never been a coup is Saudi history so it’s never possible. And btw MBS is not the king yet so technically the US can’t overthrow him.

    • @jirislavicek9954
      @jirislavicek9954 Před 2 lety +6

      @@alialshehri6977 There never was a coup in Saudi for two reasons:
      1. The royal family maintains strong grip
      2. They have always kept good relations with the US

  • @ceriseivey5133
    @ceriseivey5133 Před 2 lety +24

    These rulers could have benefited humanity so much by improving the infrastructure of their cities and countries, improved education for all, invested in sustainable agriculture. But they've spent it on selfish lavishness. What a shame.

  • @sirjoemotovlog1567
    @sirjoemotovlog1567 Před 2 lety +63

    Freezing of assets of Russians Oligarchs is a lesson to learned...the prince are just taking precautionary measures of their assets against American's sanctions in the future...

  • @junjunko5138
    @junjunko5138 Před 2 lety +144

    They're learning from what had happened to the Russian oligarchs.

  • @solutionrecruiter7130
    @solutionrecruiter7130 Před 2 lety +679

    I think something major is coming...We are going back to a time where economic activity and travel is severely downgraded...I think the transition is going to see a lot of things much coveted become unusable... unmaintainable in the new world order of things...I think going local is going to be a new trend

    • @selassietetevie4966
      @selassietetevie4966 Před 2 lety +72

      The dollar is going down, most of these so called assets will become liabilities

    • @maliceintended
      @maliceintended Před 2 lety +43

      I agree! I don't know what it is but, I can feel it.

    • @coding7196
      @coding7196 Před 2 lety +27

      I too am in favour of going local where possible.

    • @juangotti9348
      @juangotti9348 Před 2 lety +16

      global conflict

    • @solutionrecruiter7130
      @solutionrecruiter7130 Před 2 lety

      @@Elemblue2 i too think we have a lot of good here to try and hold on to...youre right about flipping the table...but i think its the currency kingpins finding themselves in an inevitable mess from their corrupt financial system...they cant fix it so theyre blaming it on anything other than themselves while they crash it and set up another one with rules they wrote themselves...

  • @sameerak2679
    @sameerak2679 Před 2 lety +7

    its sad to see the amount of wealth concentrated among few individuals, while rest of the country is in poverty

    • @lorance7114
      @lorance7114 Před rokem

      wtf, how said that we are poor lmao .

    • @samnaaman7978
      @samnaaman7978 Před 7 měsíci

      That’s happening all around the world the politicians fill up their pockets and put new taxes to fund their retirement

  • @carlaldric545
    @carlaldric545 Před 2 lety +240

    Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

    • @cedricdesmet381
      @cedricdesmet381 Před 2 lety

      I truly agree with you on that,

    • @cedricdesmet381
      @cedricdesmet381 Před 2 lety

      I must say crypto is the future and with the way Bitcoin is climbing so high it's really advisable for people to invest now.

    • @cedricdesmet381
      @cedricdesmet381 Před 2 lety

      Mrs Kamilla helped me recovered all I've lost trading by myself

    • @lindaedi6320
      @lindaedi6320 Před 2 lety

      Ever since I lost my job with the ministry, I have been surviving through my investment with her, am so glad I invested when I did. I’m earring $25k weekly with her

    • @lindaedi6320
      @lindaedi6320 Před 2 lety

      Investment is that tiny line that separates the rich from the poor.

  • @sallekerry7051
    @sallekerry7051 Před 2 lety +285

    They will sell more of their assets held abroad.the situation with Russian Frozen money abroad is an eye opener

    • @KKOPPONG
      @KKOPPONG Před 2 lety +4

      But they’ve been selling long before Russia though. How’s that logical?

    • @alialeid2637
      @alialeid2637 Před 2 lety +6

      @@KKOPPONG As a saudi the only explanation i can get is that MBS is cracking down on more corruption. Meaning some royals will need to liquidate in order to payback. Again this is just my thoughts and i could be wrong.

    • @KKOPPONG
      @KKOPPONG Před 2 lety +2

      @@alialeid2637 how do you view his leadership? Isn’t he corrupt?

    • @thealienwatcher540
      @thealienwatcher540 Před 2 lety

      @@alialeid2637 Don't answer @Ali Aleid he could be a spy. I hear the crowned Prince is giving bounties to expose 'disloyals' those that defame or expose him @ international stage

    • @NeoFreshair
      @NeoFreshair Před 2 lety

      @@KKOPPONG Al Saud family aren't the legitimate leaders and only been placed by the British to serve the West!
      The question Wion should ask: Where these Royal bastards got their wealth not they're selling their wealth?
      Saudi oil revenues 60% go to 6,000 Royals plus families, and 40% to 25 million Saudi population!

  • @whataboutism3660
    @whataboutism3660 Před 2 lety +276

    I thought the assets they were selling would be in billions. 600 mil is a lot of money but to saud's royal families isn't much imo

    • @mohammedarafatlone
      @mohammedarafatlone Před 2 lety +45

      That's just 3 individuals
      There are hundreds more like them who haven't sold/disclosed

    • @pathmanathanmoodley1431
      @pathmanathanmoodley1431 Před 2 lety +35

      Agree 600 million is chump change for them

    • @whataboutism3660
      @whataboutism3660 Před 2 lety +2

      @@mohammedarafatlone $tfu

    • @V8V88
      @V8V88 Před 2 lety +9

      @@whataboutism3660 what's wrong with you?!

    • @homer1273
      @homer1273 Před 2 lety +6

      @@whataboutism3660 wtf !

  • @superlight7654
    @superlight7654 Před 2 lety +2

    Thank you for the interesting news clip.

  • @ravindertalwar553
    @ravindertalwar553 Před 2 lety +2

    Congratulations for such a wonderful presentation 💖

  • @Chris-lf9dl
    @Chris-lf9dl Před 2 lety +184

    Maybe they are trying to invest their assets in gold which is safer to do right now instead of currency.

    • @collettebrynes1075
      @collettebrynes1075 Před 2 lety +15

      Yes I think your right they are dumping the Dollar which is worthless

    • @Vamshk
      @Vamshk Před 2 lety +5

      @@collettebrynes1075 Don't call $ worthless, They will print more of it

    • @anjan6916
      @anjan6916 Před 2 lety +1

      Gold isn't as much investment because people who use to put their money on gold turned to cryptocurrency

    • @ComedyGold-ml8wc
      @ComedyGold-ml8wc Před 2 lety

      Gold just dropped to 1999 the dollar and euro is doing well considering inflation is everywhere

    • @syedashamsianazneen5032
      @syedashamsianazneen5032 Před 2 lety

      @@Vamshk 😂what?

  • @andresdeks
    @andresdeks Před 2 lety +74

    The Oligarch asset seizure was a wake up call to the rich

    • @denisebarfield9136
      @denisebarfield9136 Před 2 lety

      @Andres de Klerk, They were and are told to sell by the man who is identified in Daniel and Revelation in the Bible. Only through studying these books with much prayer, can you know for a surety who he is.
      At this moment in time, we are living in chapters 13 and 14 of the book of Revelation. And Revelation chapter 1 verse 3 says, Blessed is he that readeth and they that hear the words of this prophecy and keepeth those things which are written therein for the timebis at hand.
      @Andres de Klerk, may you be blessed as you seek to read and understand these books.

    • @tashalorm4313
      @tashalorm4313 Před 2 lety

      @@denisebarfield9136 You are right I am reading on daily basis to comprehend his words. The book of Revelation is it the one he handed at the Island of Patmos. I want to be sure. Thanks!

    • @denisebarfield9136
      @denisebarfield9136 Před 2 lety

      @@tashalorm4313 Hello Sister @Tasha Lorm. Thanks for your reply. Yes sis. it's the book of Revelation which John the Revelator received on the Island of Patmos.

    • @denisebarfield9136
      @denisebarfield9136 Před 2 lety

      @@tashalorm4313 If you have any questions let me know. Thanks

    • @tashalorm4313
      @tashalorm4313 Před 2 lety

      @@denisebarfield9136 Thanks!

  • @pattyrooney1323
    @pattyrooney1323 Před 2 lety +1

    Thank you for sharing

  • @ibrahimantondalo9184
    @ibrahimantondalo9184 Před 2 lety +4

    If you don't hold it, you don't own it. Period!!!

  • @MrAmhara
    @MrAmhara Před 2 lety +63

    To avoid future American and European sanctions.

    • @Truthorfib
      @Truthorfib Před 2 lety

      A bill is being created currently to seize Russian assets in the West. They say its for the "reconstruction" of Ukraine. But we all know where it's going to go.

    • @Cheesecake99YearsAgo
      @Cheesecake99YearsAgo Před 2 lety +7

      100 %

  • @niconico2312
    @niconico2312 Před 2 lety +127

    They are learning from the sanctions applied to Russia. Just imagine the US and allies sanctions Saudi, the monarch will collapse. Saudi is slowly moving away from the US and getting closer to Iran. India should do the same, keep your assets away from the west.

    • @silverhawkscape2677
      @silverhawkscape2677 Před 2 lety +8

      And closer to whom? China?

    • @edithpayoneer1313
      @edithpayoneer1313 Před 2 lety +11

      Keep it in your home country!

    • @antonetemalim6911
      @antonetemalim6911 Před 2 lety

      What?closer to iran? Saudi and Iran are enemy they cant go together 😁

    • @ioannispasaloukos4885
      @ioannispasaloukos4885 Před 2 lety

      To who? Iran. I think you know nothing about politics or anything like it it's just way out of your tiny brain

    • @melissahogan868
      @melissahogan868 Před 2 lety

      I was going to say the same thing, everyone is commenting about the west, but don't have a clue what China is up to. China is literally taking over the Indo Pacific sea right now and the Biden administration and NATO are to in deep with Ukraine and saving their own butts to worry about what China is doing.

  • @mattanderson6672
    @mattanderson6672 Před 2 lety

    Thank you

  • @Countdown-ct7iv
    @Countdown-ct7iv Před 2 lety +18

    Would also make sense to sell if you know war is coming, and it"s definitely coming when everyone chooses which side they are on based on hemispherical strategical benefits .

    • @violetsrayreikishop2
      @violetsrayreikishop2 Před 2 lety +1

      Was thinking the same thing especially with Biden begging them to pump more oil and they said no and now Europe is scrambling to seek oil because they're being pressured into getting rid of Russian energy, if I were the Saudi people I would do the same thing sell all assets that can be hijacked by the west and invest that money into weapons.

    • @Countdown-ct7iv
      @Countdown-ct7iv Před 2 lety

      @@violetsrayreikishop2 Exactly, if it doesn't happen now, trust me, it will. Everybody's picking sides and if you see what they are thinking about the way America is treating it's allies like India and Saudi Arabia when they were calling Biden and he said right now he doesn't want to talk to no Muslims and the next week he tried calling them and they refused to answer. You'll get where all this is going right now. Even if it takes everybody 2 years to find the right alies, trust me war is coming and it's gonna be bigger than Russia and Ukraine.

  • @dipanshugupta6997
    @dipanshugupta6997 Před 2 lety +77

    Some people don't have money to feed themselves and their families, and some have more money than they can handle, What a cruel world😶

    • @myawoo
      @myawoo Před 2 lety

      Poor people should use condoms and save money

    • @adityaprasad9759
      @adityaprasad9759 Před 2 lety +2

      It's called reality

    • @showcomdigital346
      @showcomdigital346 Před 2 lety

      @@adityaprasad9759 dont be a hater...you will always stay poor...Allah has blessed our bros in the gulf...Say Mashallah! dont be jelouse

    • @farooqrahman7011
      @farooqrahman7011 Před 2 lety

      @@showcomdigital346 Yes Allah has blessed these parasites and monsters with immense wealth but what good are they doing to the neighbouring Muslim countries around them??? Look around you you must have brains between you're ears and eyes to see of the suffering in Yemen, Palestine, Syria or you only care about yourself like like all the Saudis Royals!???

    • @naturelover7979
      @naturelover7979 Před 2 lety +4

      @@showcomdigital346 They have oil money. Nothing to do with Allah.

  • @MI-vn4tp
    @MI-vn4tp Před 2 lety +45

    Maybe we should sell off our assets too. There’s some reason they’re selling at this time with so many countries having so much financial problems.

    • @jonathanjobickson9483
      @jonathanjobickson9483 Před 2 lety +1

      Elon Musk sold all his houses also.

    • @Rnankn
      @Rnankn Před 2 lety +5

      Assets are worth more than money when there are financial problems. Currencies can fail or lose value. Homes and art are timeless.

    • @M2007S2009
      @M2007S2009 Před 2 lety +1

      @@Rnankn If some war should happen that would put assets at risk of damage or total destruction it would be better to have cash,gold etc than physical houses that can't be liquidated fast enough for the owner.

  • @johnny316b
    @johnny316b Před 2 lety

    exactly what form of payment / currency, are they receiving for these assets ?

  • @imo8249
    @imo8249 Před 2 lety +1

    Reducing exposure to robbery, and theft.

  • @asapfilms2519
    @asapfilms2519 Před 2 lety +164

    We miss Palki….please bring her back

  • @christianvachon2235
    @christianvachon2235 Před 2 lety +69

    Because it is items priced in dollars and they are selling dollar assets, possibly to pay off dollar-based debt or moving to other things. Or they can't be seized.

  • @ketherwhale6126
    @ketherwhale6126 Před 2 lety +1

    This is the highest $ real estate boon in history, better sell before a major depression or massive correction.

  • @thetruthisoutthereyt
    @thetruthisoutthereyt Před 2 lety +1

    What currency are they selling into? What assets are they collecting as a replacement for these assets?

  • @mannycaballo1312
    @mannycaballo1312 Před 2 lety +38

    The US at the long run will only end up hurt. Countries around the world will be limited in making investments in the west. I see ver hard times coming.

  • @nitishjoshi_
    @nitishjoshi_ Před 2 lety +25

    They want to get rid of their USD holdings...
    There is a tectonic shift happening in terms of the "reserve currency" status of the USD

    • @antpoo
      @antpoo Před 2 lety +1

      The USD is strengthening.

    • @Aeon1019
      @Aeon1019 Před 2 lety

      Petro Dollar 💵 on its way out, just like how the Asian markets continue to Dump the USD from financial markets

    • @nitishjoshi_
      @nitishjoshi_ Před 2 lety +1

      @@antpoo - Why do you think so?

    • @antpoo
      @antpoo Před 2 lety

      @@nitishjoshi_ because of Fed talk about raising interest rates. USD strengthening and US treasuries are rising so to fear of more interest rate rises.

    • @kevlarkittens
      @kevlarkittens Před 2 lety +3

      I know it probably sounds cool and edgy to want the dollar to crash, but USD is 60% of world currency reserves. Next up is Chinese Yen at 4%. USD isn't crashing any time soon without something drastic, and then it affects the entire world. The whole thing, all of us, and the wealthiest few in the world will profit off that, whereas, regular folks will never ever recover. To lose its status gradually, slowly, maybe it works out, but don't be wishing for the dollar to be crashing over a matter of hours or days. Cause you're screwed too in that scenario.

  • @swhip897
    @swhip897 Před 2 lety +1

    Keep an eye on the value of the dollar. I feel some foresee it's fall.

  • @gregdewitt7155
    @gregdewitt7155 Před 2 lety +1

    And stocking up on Gold!

  • @coding7196
    @coding7196 Před 2 lety +61

    There are thousands of Saudi princes. Therefore, I wonder how rich each one really is.

    • @jedus007
      @jedus007 Před 2 lety +1

      MBS is putting an end to Robbery of the people's wealth by these so called Princes

    • @fusion9619
      @fusion9619 Před 2 lety +5

      I used to know one back in college. I don't think he was powerful, mostly just a regular dude. He got enough free money from his status to buy a new sports car every month, or at least it seemed like every month.

    • @coding7196
      @coding7196 Před 2 lety

      @@fusion9619 Wow. They fritter away their money; no wonder they're taking bribes.

    • @prasadpanicker3047
      @prasadpanicker3047 Před 2 lety +3

      A lot of them are beggars with no pedigree ,education or breeding who have been eating off state resources in past 70 to 80 yrs ,prior to oil boom a bunch of afro asiatic nomads who roamed the deserts of arabia .nothing more ,nothing less kind rgds

    • @constructiveeconomics6733
      @constructiveeconomics6733 Před 2 lety +4

      @@prasadpanicker3047 Pot calling the kettle black. Hmm.

  • @zanataha6503
    @zanataha6503 Před 2 lety +17

    They saw Russia

  • @itchigokurusaki5768
    @itchigokurusaki5768 Před 2 lety +1

    because its too much to keep already ..

  • @jimborad7490
    @jimborad7490 Před 2 lety

    4:00 he also cuts them up into manageable pieces.

  • @SeXyWeaLtHY1
    @SeXyWeaLtHY1 Před 2 lety +57

    they are just selling non income operating assets which costs allot to maintain and to use the cash to purchase net income operating assets thats the real story

    • @SeXyWeaLtHY1
      @SeXyWeaLtHY1 Před 2 lety

      @Ishaan Jain not true, cuz most financial advisors advised all the wealthy people worldwide to get rid of their de evaluated assets which have no value in todays markets, such as i.e paintings have no value today cuz all the rich billionaires are young and they want nfts even the Rockefeller , Rothschilds and etc got rid of their assets these past few years , and the most of their homes are outdated and have 30 more years of building life so rather than demolishing and rebuilding it which has a cost , they should rather just sell it at premium and get a new asset. Same goes to the yachts

    • @eileenhavern77
      @eileenhavern77 Před 2 lety +1

      Why are they only choosing to do that now?

    • @harsharaghav6083
      @harsharaghav6083 Před 2 lety +1

      Maybe 🤔

  • @lesleyriseam1282
    @lesleyriseam1282 Před 2 lety +318

    Who would keep assets in the west when they can be taken at the slightest pretext by Western Countries railing against Wealthy individuals

    • @typicalnewyorker5993
      @typicalnewyorker5993 Před 2 lety +15

      Answer me this now. Why would anyone keep assets in the west ? Haha

    • @typicalnewyorker5993
      @typicalnewyorker5993 Před 2 lety +2

      @Nova Flares I know lmao

    • @MP-qh2mv
      @MP-qh2mv Před 2 lety +8

      Invading independent country in Europe you call: Slightest pretext . 😂

    • @Oscar-no7iq
      @Oscar-no7iq Před 2 lety

      @@MP-qh2mv giving nazis weapons is the solution?

    • @absolutium
      @absolutium Před 2 lety +4

      @@MP-qh2mv It is a pretext.. I bet you can also find one good enough to justify your wife's unfaithful event.

  • @genetberhane4682
    @genetberhane4682 Před 2 lety +2

    EXCELLENT JOURNALISM

  • @tusharjaiswal2948
    @tusharjaiswal2948 Před 2 lety +1

    Brother, why Saudi Royals are selling their assets
    Please also make video for this.

  • @fnbstn32
    @fnbstn32 Před 2 lety +78

    Everything is fine, they just move some assets into the country for safety and some sell related to inheritance distribution before they die

  •  Před 2 lety +34

    I'm kinda more curious about *who bought* than who sold.

  • @mariandyp.9801
    @mariandyp.9801 Před 2 lety

    Wondering WHO are purshasing all those assets, you mentioned only one from the list.

  • @nanyanguo1
    @nanyanguo1 Před 2 lety

    even some tycoons from east asia earlier on were said to be cashing out their assets in UK.

  • @harmitsinghpunia6278
    @harmitsinghpunia6278 Před 2 lety +11

    It's the indication of a big change in the policy of Saudi Arabia.

  • @seteoluisikilulanrelanre2359

    Saudi Royals were not known for purchasing properties outside Saudi Arabia. For instance Cheikh Yamani, the prince and Saudi oil Minister was removed in 1982 for buying a bungalow building in USA. If the present Royals have gone to the extent of buying luxury properties outside the country it is not good enough. That is capital flight.
    But as they are now selling those properties I'm sure it is a good decision.

    • @naturelover7979
      @naturelover7979 Před 2 lety +3

      MBS is strict and the Saudi Royals are afraid of him.

    • @seteoluisikilulanrelanre2359
      @seteoluisikilulanrelanre2359 Před 2 lety +1

      Thanks for your submission, I wrote about what a newspaper in my country, Nigeria wrote about Yamani in 1982. If the information was not true then the newspaper misled me.
      This is one of the things I like in this platform, knowledge sharing.
      I hope the young people will learn from both of us about the way we made our submission instead of using abusive language. Thanks very much once again for your submission.

    • @seteoluisikilulanrelanre2359
      @seteoluisikilulanrelanre2359 Před 2 lety

      @@twenuaba Thanks very much for this.

    • @EridanusYT
      @EridanusYT Před 2 lety

      Yamani isn't a prince or Sheikh or a royal he is just a former minister nothing more I'm Saudi so I know this for a fact!

  • @hussainanoordeen5754
    @hussainanoordeen5754 Před 2 lety +1

    Prince Salman is proving to be a capable and intelligent leader.

  • @thomasmcqueeney6877
    @thomasmcqueeney6877 Před 2 lety +1

    A drop in the bucket for these guys

  • @theatlantean8008
    @theatlantean8008 Před 2 lety +3

    They’re getting ready to leave the Dollar..

  • @pankajchand6761
    @pankajchand6761 Před 2 lety +97

    Saudi Arabia should stop requiring dollars for oil. Make Riyal the currency of choice for Saudi oil.

  • @creativeflow952
    @creativeflow952 Před 2 lety +1

    Also they know the dollar is getting ready to drop.

  • @jfdc8402
    @jfdc8402 Před 2 lety +1

    The beginning of separation ofcourse lol

  • @aminahabdullah6459
    @aminahabdullah6459 Před 2 lety +37

    Or they are learning a lesson from russia's sanction? And getting ready for something? Jst a thought

    • @christianvachon2235
      @christianvachon2235 Před 2 lety +13

      That is my thought. I think they are moving out of dollar-based assets and now is a good time to sell. Something is brewing with petrodollar and I think this is tied to it.

    • @PRASHANTGUPTA-cs6ww
      @PRASHANTGUPTA-cs6ww Před 2 lety +3

      Absolutely correct

    • @conniekabasharira7084
      @conniekabasharira7084 Před 2 lety +3

      Exactly

    • @warlockpaladin2261
      @warlockpaladin2261 Před 2 lety +1

      Nobody has really forgotten that it was the Saudis who flew jets into the World Trade Center.

    • @zionen01
      @zionen01 Před 2 lety

      @@christianvachon2235 what makes those assets dollar-based ?

  • @doctab2040
    @doctab2040 Před 2 lety +30

    so they dont get sanctioned for their next move

    • @cs4u
      @cs4u Před 2 lety +5

      which is their move to sell oil in Yuan

    • @stevelabrosse8489
      @stevelabrosse8489 Před 2 lety

      @@cs4u ya until you relieve your assets are under Chinese control. Good luck with that.

  • @goldgorilla3285
    @goldgorilla3285 Před 2 lety +1

    Thru don't want you to freeze it.

  • @ianandrews8773
    @ianandrews8773 Před 2 lety +9

    This information seems to be a bit flawed considering that you're dating back 20 years of all assets that were sold by Royals. How could this information be valid as these Royals should own quite a bit more than a few properties over the last 20 years

  • @yourmom9608
    @yourmom9608 Před 2 lety +9

    They are diluting USD

  • @herjitpannu2282
    @herjitpannu2282 Před 2 lety +11

    600 million is pocket change. Means nothing when their net worth are in billions.

  • @smithhoowe
    @smithhoowe Před 2 lety +4

    In Summary:
    News: "Saudi's are selling a lot of their things"
    Viewer: "Why?"
    News: "The reasons are numerous and unknowable"
    ...great job guys.

    • @EA-ck4so
      @EA-ck4so Před 2 lety

      Hahahaha! This is the essense of all news now.

    • @affan3095
      @affan3095 Před 2 lety

      @@EA-ck4so nah this is Indian media...
      It's a far right minister owned this who is responsible for communal violence against minorities in India...
      This channel will always side with russia and Israel so nah....
      This is biased towards other countries

  • @CB-ur8zy
    @CB-ur8zy Před 2 lety +1

    That’s why smart countries have been saving gold bars

  • @criessmiles3620
    @criessmiles3620 Před 2 lety +103

    Keep ur liquidity at home to avoid been illegally captured by the west vultures
    Cheers from west Africa
    🦅

    • @SoorajSuseelan10001
      @SoorajSuseelan10001 Před 2 lety +8

      that eagle says it all 😁😁

    • @collinmarshall9254
      @collinmarshall9254 Před 2 lety +9

      Smart African!

    • @mkodyChallengesYOu
      @mkodyChallengesYOu Před 2 lety +4

      Cheers fellow African 👍

    • @MMaheshThakur
      @MMaheshThakur Před 2 lety

      African natural resources are being looted western nation on the name of various companuies

    • @SMMBHQ-cg2zy
      @SMMBHQ-cg2zy Před 2 lety +1

      YES THE US HAS BEEN STEALING MONEY FOREVER , THEY STEAL OUR MONEY HERE TOO. 60 PERCENT TAX RATE FOR THE POOR WE STARVE AND LIVE HOMELESS , MEXICANS IN FOR RUDE AWAKENING .

  • @dilligafwoftam985
    @dilligafwoftam985 Před 2 lety +7

    I'll bet they're converting it to gold, not cash.

  • @rashidabdullah8018
    @rashidabdullah8018 Před 2 lety +1

    What they're selling is just about 1% of what they owned.

  • @warwickchristian5682
    @warwickchristian5682 Před 2 lety +1

    Wealth is only temporary, not permanent.

  • @iamkyros2233
    @iamkyros2233 Před 2 lety +7

    They are just selling because the market is hot. Soon houses will go down in value, so time to take profits.

  • @jessicali8594
    @jessicali8594 Před 2 lety +11

    Selling assets located abroad before theirs are confiscated too, for political reasons too.

  • @1976athletico
    @1976athletico Před 2 lety +1

    They expect retaliation from US as Saudi has stopped using Dollar as exchange currency for oil trade.

  • @luckycharm8888
    @luckycharm8888 Před 2 lety +3

    They are prempting the US action, in case CIA performed a regime change in Saudi. The 1st action will be confiscate Saudi asset overseas, then economic embargo until regime change is performed.

  • @artpimpn
    @artpimpn Před 2 lety +55

    Whenever a reporter says, "Other people say", they mean, they themselves are saying it. Not other people.

  • @OneEyedAnaconda
    @OneEyedAnaconda Před 2 lety +52

    The war will push the world into an economic recession. The paying ability of people to pay for basic commodities is going to get affected seriously. In such a state of economy, expensive luxuries will not only become unsellable due to absence of buyers, but will cost a tonne of cash to maintain such goods. In such a state, it sounds like a better idea to sell off such goods to bring cash flow into the country than to let it out. As during a war its usually all countries fending for themselves making most foreign assets undissolvable. Also they know something the rest of the world doesn't. That's the intriguing part.

    • @split6543
      @split6543 Před 2 lety +3

      What are you even saying...talking about purchasing power when one single man has bought twitter for 44billion

    • @OneEyedAnaconda
      @OneEyedAnaconda Před 2 lety

      @@split6543 Elon Musk has staked 44Bn dollars to buying Twitter. Doesn't mean he's funding the buy. Blackrock and other such Risk Management Organisations are. If you knew your global funding 101, you wouldn't be saying this.

    • @pj3062
      @pj3062 Před 2 lety

      That's the plan of the global elite.
      Inflation to suppress people from having wealth. Ie: start a war in ukraine.

    • @Seansyy62
      @Seansyy62 Před 2 lety +2

      @@split6543 the guy makes a good point. The inflation of goods is slowly happening. And one man out of 7 billion buys a company. Why is it that only one man can purchase it?

    • @ytbois9337
      @ytbois9337 Před 2 lety +1

      @@Seansyy62 point to be noted also

  • @abdullaalattiya3018
    @abdullaalattiya3018 Před 2 lety +1

    People reallocate their assets for better return. They have to pay inheritance as well as loans. It depends how do they view various risks .

  • @bereal2493
    @bereal2493 Před 2 lety +1

    Or maybe they have insight as to whats coming...in the future.🤷‍♀️

  • @nishantaadi
    @nishantaadi Před 2 lety +10

    Smart move, desperate problem required desperate solution.

  • @mikeyu5004
    @mikeyu5004 Před 2 lety +7

    Better sell it before the u.s. gets a hold of it and never gives it back. 😂

  • @juanvaldez3515
    @juanvaldez3515 Před 2 lety +2

    Electric prods bring out the best honesty, in thieves.

  • @asaapple4659
    @asaapple4659 Před 2 lety +1

    before freezing the properties better to sell.

  • @robertsangelo
    @robertsangelo Před 2 lety +17

    maybe to convert to chinese currency

  • @suzettebailey5751
    @suzettebailey5751 Před 2 lety +6

    Has the crown prince tightened HIS purse strings🤨

  • @imp3r1alx
    @imp3r1alx Před 2 lety

    The line project has spark some growing tension from the locals.. some even resort to violence..

  • @BengalLancer
    @BengalLancer Před 2 lety +1

    600 million dollars only? They ain't selling assets, they are getting changes.

  • @honestpetvideos9307
    @honestpetvideos9307 Před 2 lety +10

    Dollar crash, yuan take over..🤔

  • @mohd52ayesha62
    @mohd52ayesha62 Před 2 lety +36

    Royal 😂😂😂
    Money earned by Halal Economy and making slaves 😂😂😂

  • @GARYINLEEDS
    @GARYINLEEDS Před 2 lety

    The currents of currency flush out the evil ones. Happy 2022.

  • @t.47592
    @t.47592 Před 2 lety +1

    WION is the best off all news channel!! For many years I've quitted watching news, as all of them were always Exaggerating. But WION always surprises me with their details...

  • @clutterfunkin
    @clutterfunkin Před 2 lety +4

    600 million to them just a penny.

  • @miaya3898
    @miaya3898 Před 2 lety +10

    Jokes on them for trying to be Westerners like that Russian 🇷🇺 oligarch who bought a football ⚽ club. If I was a oil magnate I'd never put my money in the West. Even Switzerland 🇨🇭 is not safe.

  • @JWBourne
    @JWBourne Před 2 lety +1

    You're Good

  • @mikeutube7888
    @mikeutube7888 Před 2 lety +1

    To avoid losing it to sanctions,in the future?

  • @stephengolden6080
    @stephengolden6080 Před 2 lety +6

    Cash is crap. Hold on to it long enough, and toilet paper may outperform its value.😑

  • @apextroll
    @apextroll Před 2 lety +8

    Hard times have come to the mega-rich and oligarchs.

  • @rick2216
    @rick2216 Před 2 lety +1

    36 and this powerful since 31, insane.

  • @zooski1516
    @zooski1516 Před 2 lety +1

    600m to these folks is equal to $100 to you and me. You’re stretching.

  • @twinkyd.9166
    @twinkyd.9166 Před 2 lety +48

    If 600 million $ showed up in my mailbox I would build assistant living for my son and his school friends with autism and issues. We moms and dads are getting older and concerned about them when we are gone. We filled a ballroom when we met once. I have the place drawn/up and tucked away for my dream!

    • @neilnelson7603
      @neilnelson7603 Před 2 lety +10

      Thats why you can't own such amount of money

    • @Kathakathan11
      @Kathakathan11 Před 2 lety +3

      Hell all the best, I hope your dream is fulfilled soon.

    • @bry120
      @bry120 Před 2 lety

      The carers will kill your son and take 600M.

  • @tjay_79
    @tjay_79 Před 2 lety +17

    "Tel ka Bhoooot utar gaya Sheikhon ke sir se...!" Everything is Temporary in this world, Nothing is Permanent.

  • @marzinaahmad8335
    @marzinaahmad8335 Před 2 lety +1

    There are a lot of people in dire need. They should do more for humanity

  • @JohnSmith-id4ut
    @JohnSmith-id4ut Před 2 lety

    Anyone else notice the name of the yacht @ 2:29? The center of the US Intel community.