Saudi Arabia Threatens To Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks


Raging Bull-shit

Original Posted at Zero Hedge

Back in January, when the market was watching in shocked silence as oil prices were crashing to decade lows and as concerns emerged that Saudi Arabia may need to commence selling its vast, if unquantified, USD reserves, we wrote a post titled „Attention Finally Turns To Saudi Arabia’s „Secret“ US Treasury Holdings“ where we noted something very surprising: whereas we do know that Saudi Arabia is the owner of the world’s third largest USD reserves…

… their actual composition remains as a secret, because while the US discloses the explicit Treasury holdings of all other nations, Saudi Arabia’s holdings, for some unknown reason, are not officially disclosed.

„It’s a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and mighty petrodollars,“ Bloomberg wrote of Saudi Arabia’s US Treasury holdings.

„As a matter of policy, the Treasury has…

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