UAE. The Dubai Precious Metals Conference last week discussed if the silver bubble had burst. The resulting poll showed the audience believed the rally is by no means over, and that silver could rise to US$100.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."