Why America’s Deep State Needs Saudi Arabia

Why America’s Deep State Needs Saudi Arabia by Nick Giambruno – Bonner and Partners

Over the past week, the government of Saudi Arabia began a shock-and-awe style political crackdown.

More than five dozen members of the royal family, ministers, and prominent businessmen were arrested. More than $800 billion in assets was seized by the government.

The official excuse is to stamp out corruption. But it’s clear that this is an attempt by the crown prince, and heir apparent to the throne, Mohammed bin Salman to consolidate power in the country.

You might think the United States would decry these sorts of actions.

As a candidate, Trump blasted the Saudis countless times. He called them the biggest funders of terrorism in the world.

But, after he took office, Trump did a complete 180. He stopped criticizing the Saudis. In fact, he’s now singing their praises.

It’s bizarre… as if someone put a severed horse head in his bed.

Trump’s about-face was astounding. But his newly adopted deference to the Saudis is no different than Obama’s, Baby Bush’s, or any previous president’s.

Today, I’ll tell you why Trump made such an abrupt turnaround. I’ll also explain why the Saudis get special treatment from the U.S. Deep State.

As Good As Gold

It’s been rightly said that he who holds the gold makes the rules.

After World War II, the U.S. had the largest gold reserves in the world, by far. Along with winning the war, this let the U.S. reconstruct the global monetary system around the dollar.

The new system, created at the Bretton Woods Conference in 1944, tied the currencies of virtually every country in the world to the U.S. dollar through a fixed exchange rate. It also tied the U.S. dollar to gold at a fixed rate of $35 an ounce.

Continue Reading / Bonner and Partners>>>

Sharing is caring!

Bonner and Partners

Bill Bonner founded Agora Inc. in 1978. Since then, it has grown into one of the largest independent newsletter publishing companies in the world. Bill also co-wrote two New York Times bestselling books, Financial Reckoning Day and Empire of Debt, In his latest book, Hormegeddon, Bill describes what happens when you get too much of a good thing in the sphere of public policy, economics and business. This new newsletter is unlike anything else published in America today. Now in this industry, Bill Bonner has agreed to share his secrets and insights every month. It’s like having a super-wealthy uncle share his best ideas, insights and wisdom about business, relationships, investments, trends, developments, ideas and more.