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Saudi Arabia about to dump US bonds?

Gold discussion group - Kitco Forums - www.kitcomm.com
with Congress approving the 9/11 bill, all eyes are on Obama who said he'd veto the bill

which might not matter, as Congress is likely to have to votes to override him

the problem is that the Saudi's are rumoured to have told the White House that they would respond to the the bill by dumping their US assets, to avoid them being seized by US courts

if Saudi Arabia, the most important supporter of the Dollar, were to sell off $750 billion worth in short order, one can only imagine what that might do to the Dollar and gold...

edit: to get an idea of what might happen, here's the 1981 movie Rollover, in which the Saudi's sell off their Dollars, causing it to crash

Date: Sep 11, 2016   


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