Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule
Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule.
London’s streets have reached a whole new level of extravagance this week as a Saudi-owned gold-plated Range Rover, with a “666” number plate, joined other similar supercars already roaming the city’s roads.
The spectacle is nothing new. According to CNBC, wealthy visitors from the Middle East bring their cars over to London to show off their wares every summer.
Image: Screenshot via YouTube
The Rover’s normal design has been replaced with a customized body-kit, which includes oversized bumpers and a bonnet vent. It is also fitted with fitted with 23-inch alloy wheels and customized black and gold wrap.
Image: Screenshot via YouTube
The first time cars like this arrived in London was in 2010. The dubbed “summer invasion of Arab supercars” included a $2 million Bugatti Veyron and a $843,000 Mercedes Benz McLaren SLR, both chrome-finished with Middle Eastern plates spotted outside a hotel in Knightsbridge.
Some of the cars spotted around the city include Lamborghinis, Ferraris and Bugattis, which have attracted crowds of camera-carrying youngsters, also known as Carparazzi.
4 Comments
rrr
Impressive yes, but, you know, they are still Arabs.
JK
Disgusting!!! Some of of this wealth should be used to help their poor Muslim brothers in neighboring countries.
Picquet
“Disgusting” is indeed the first word to mind when you see those photographs. Symptomatic of unearned wealth, I’d say.
Gary Morgan
Symptomatic of more money than sense. Also very childish Male Display; it only impresses people as shallow as their stupid selves. How the car sales types must hug themselves when they see these twits approaching.
Marxism, anyone?