Jim Rogers at The 3rd Annual Financial Markets Forum held at The Yas Hotel in Abu Dhabi

Jim Rogers Global investor and author of Hot Commodities alongside with Black Swan author Nassim Taleb took the stage at The 3rd Annual Financial Markets Forum held at The Yas Hotel in Abu Dhabi today , the main topics are the concerns about the Oil prices and the fear of seeing the unrest in Bahrain and Oman spreading to the oil rich eastern provinces of Saudi Arabia which are just like Bahrain a majority Shiites but dominated by a Sunni monarchy ,Jim Rogers who recently told Bloomberg that he was skeptical about the real crude oil reserves of Saudi Arabia told the audience that if regime change ‘closed the Saudi oilfields for sometime, the oil price would go through the roof, though that would still leave places like Abu Dhabi making lots of money’.Investor Jim Rogers expressed his skepticism regarding the fact that Saudi Arabia could make up any short falls on Libyan’s oil supplies, Jim Rogers told Bloomberg TV recently that the Saudis has been lying about their oil reserves for decades. The last time they said they were going to increase production, they didn’t do it. The Saudis told George Bush that they could not increase production and that is the truth. “The reason why oil is going up is because the world is running out of known reserves of oil,” Jim Rogers said.