Buy Kentz Corp (KENZ) and Profit from OPEC’s Trillions

Posted July 18, 2008

” Just as the Romans built reservoirs and aqueducts, the city states of the United Arab Emirates have been building desalination plants. Skyscrapers, power plants and airports have sprung out of the desert. They are building a future for themselves beyond oil – an empire built on financial services, luxury tourism and technology.” — Eoin Glesson

Blogger’s note: Oil prices are at record highs, and all of that money that’s flowing out of your pockets is landing in the coffers of OPEC nations. So how do you make some of it back? Invest in the economic growth of the Middle East. Eoin Gleeson recently discovered Kentz Corporation (KENZ), a London-listed company that’s perfectly positioned to profit from the current Gulf States building boom. Read on below to learn where you could find easy gains from record oil prices.

by Eoin Gleeson

Baltimore — (TFN): Spain made its fortune plundering South America. And Rome was built on the spoils of conquest. But the Gulf States are managing to accumulate the world’s wealth without even crossing their own borders.

According to a recent report entitled The Monumental Petro-Wealth Transfer, by Morgan Stanley currency analyst Stephen Jen, at $130 a barrel, about $1bn a day is being added to the region’s trade surplus. At these prices, the Gulf States are sitting on reserves worth almost $65trn – about three times the entire value of the world’s equity markets. That translates to some $4m per citizen of the Gulf Cooperation Council, which includes Saudi Arabia, the United Arab Emirates and Qatar.

But unlike the 1970s oil spike – when most of the petrodollar spoils were poured into New York, London and Zurich to be invested in Treasury bills, or spent on consumer goods – the Gulf States are now investing the money at home.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Taxes eating you alive?

The Sovereign Society’s Offshore A-Letter is a FREE online newsletter specializing in elite global investment opportunities, asset protection strategies, tax management solutions, second citizenship and residency programs, offshore structures and personal and financial privacy solutions.

The A-Letter is edited by former U.S. Congressman, Robert E. Bauman with contributions from over 40 financial and legal professionals located in select tax and asset havens around the world. Sign-up for the FREE A-Letter today.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

From 1978-1981, 75% of the increase in oil cartel OPEC’s export revenues was spent on imports of goods and services, notes The Economist. Today, the International Monetary Fund (IMF) estimates that only 40% of the windfall is being spent.

And this time it’s not just being spent on empty consumption. Just as the Romans built reservoirs and aqueducts, the city states of the United Arab Emirates have been building desalination plants. Skyscrapers, power plants and airports have sprung out of the desert. They are building a future for themselves beyond oil – an empire built on financial services, luxury tourism and technology. Read on to learn where you can profit from the Gulf’s trillions.

****Make sure you sign up for our FREE TFN News Feed for breaking news, special reports and new financial videos. You can pick your favorite reader. Or if you prefer, you can have the feed delivered to your email.