Teeka

In today’s 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari warns against a major event that’s all over the financial pages…

Cash-strapped Saudi Arabia is about to take its national oil company (Saudi Aramco) public. It’s rumored to be valued between $2 trillion and $3 trillion. But as Teeka notes, no one has independently verified the oil reserves the company is boasting…

The Saudis’ overhyped talk and lack of transparency smacks of classic “Wealth Stealer” shenanigans. Click here to listen to Big T’s analysis and investment recommendation.

(Afterward, you can review Mark’s must-read introduction to the Wealth Stealers—“The Six Biggest Threats to Your Financial Well-Being”—right here.)