Aw, hell, it sure seems like it. Really, you have to have rocks for brains to fall for something so stupid.
Saudi police say they are investigating a hoax that has seen people rushing to buy old-fashioned sewing machines for up to $50,000 (£33,500).Let me guess. Must be the Joooooos.
The Singer sewing machines are said to contain traces of red mercury, a substance that may not exist.
But it is widely thought that it can be used to find treasure, ward off evil spirits or even make nuclear bombs.
It is believed that tiny amounts can sell for millions of dollars, the Saudi Gazette reported.
The paper said that trade in the sewing machines was brisk across the country.
Rumours about the sewing machines have been spreading for days by word of mouth and over the internet, it said.
These included rumours that foreign experts and companies had been buying up Singers.
More here.
Al-Eqtisadiah newspaper said "poverty provided a fertile ground for the red mercury rumor to spread in Saudi society, especially the middle class."Dumber than your average Democrat.
"We have to find out who started this hoax. We cannot be 100 percent sure of getting in the short-term to the person or persons who started this," an interior ministry spokesman told Reuters.
"People hope to make profit. This is no different to cases of citizens who put their money in untrustworthy schemes," he added.
Thousands of Saudi citizens have lost their life savings to financial scams consisting mainly of operations to raise money for real estate projects.
Uh oh, we may be on to something. Singer was founded by Isaac Merrit Singer, who was purportedly Jewish.
Wait until the kooks find this out.
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