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Why is Saudi liquidating its financial and oil assets?

1. Saudi has started liquidating its, $750+ billion in US reserves, for cash. Saudi is the owner of the three largest USD reserve. The large amount of USD reserves has been a tightly controlled secret by the Fed.

2. There has been no evidence found by the 9/11 commission that Saudi government funded the terror organizations. Lower level officials in the Saudi government receive scrutiny. Saudi said it will sell off hundreds of billions of American assets if Saudi government is held responsible fro 9/11 attacks.

3. Families of 9/11 victims are trying to use the US court systems to hold member so the Saudi royal family, Saudi banks, and charities liable for saudi financed terrorism. Nations given immunity should not apply to acts of terrorism. A Congressional bill would remove the foreign immunity protection in part. http://www.zerohedge.com/news/2016-04-16/saudi-arabia-threatens-us-it-will-liquidate-its-treasury-holdings-if-congress-passes

4. Sovereign Wealth Funds from oil rich countries are selling off assets to meet financial commitments

5. OPEC countries tried to boost oil production and print currency to make payments. Iran is expected to raise oil exports by 500,000 barrels a day having sancetions removed increasing oil inventories.

6. Saudi plans to establish a $2 trillion soverign wealth fund by selling off state petroleum assets. Saudi will use the sovereign wealth fund to buy financial and industrial assets abroad. https://www.theguardian.com/business/2016/apr/01/saudi-arabia-plans-to-sell-state-oil-assets-to-create-2tn-wealth-fund

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