PODCAST: Donald Trump Threatens Petrodollar System, U.S.-Saudi Relations
Welcome to this week’s edition of Follow the Money Weekly Radio!
On this week’s broadcast, Jerry Robinson spotlights Donald Trump’s recent statements on Saudi Arabia and how it relates to the Petrodollar System. Also, enjoy an exclusive interview with best-selling author, Jim Rickards. Later, an interview with historian and economic researcher, F. William Engdahl.
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Show Notes
Segment 1: What Jerry Thinks
Segment begins at 0:33
Donald Trump Threatens Saudi Arabia
Christian economist Jerry Robinson opens today's show by discussing GOP Presidential frontrunner Donald Trump's recent "tough talk" on Saudi Arabia and why it's good for America.
In a recent NY Times interview, GOP Presidential frontrunner, Donald Trump has publicly stated that he might halt purchases of oil from Saudi Arabia and other Arab allies unless they commit ground troops to the fight against ISIS or “substantially reimburse” the United States for fighting ISIS, which threatens the Arab allies’ stability in the region.
According to the few U.S. Senators who have been granted access to these pages, the 9/11 attacks were likely financed by the highest levels of the Saudi Royal Family.
Saudi Arabia has one of the worst human rights records in the world. And while the U.S. economy and foreign policy relies upon a compliant Saudi Arabia, Trump is calling the oil-rich sheiks out, demanding that they use their vast military power to rein in their own terror spawns across the region.
Jerry Robinson discusses "The New Case for Gold" and other issues with popular economist and NYT best-selling author, Jim Rickards.
They say gold is a “barbarous relic.”
They say there isn’t enough gold to support finance and commerce.
They say the gold supply can’t increase fast enough to support world growth.
According to Jim Rickards, they’re wrong. In his new (not-even-released yet) book, The New Case for Gold shows why.
In this interview, Rickards asserts that:
The next financial collapse will be exponentially bigger than the panic of 2008.
The time will come, sooner rather than later, when there will be panic buying of gold, and only central banks, hedge funds, and other big players will be able to buy any gold at all.
It’s not too late to prepare ourselves as a nation: there’s always enough gold for a gold standard if we specify a stable, nondeflationary price.
In this final segment of the program, F. William Engdahl breaks down the current chaotic conditions across the Middle East and Russia's recent decision to pull out of Syria in the fight against ISIS.
Thanks for joining me again this week! I am honored to speak into your life each and every week. I also love to hear from all of our many listeners around the world. (At last count, the FTMWeekly podcast is downloaded in more than 100 countries every week!) Do you have a comment or a question about something you heard on this week’s show? Submit your question below and as a “thank you” I will send you a special 38-page report I wrote that is entitled: The Hidden History of the Federal Reserve.
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PRAISE FOR JERRY 'S BOOK "Jerry Robinson does an excellent job of explaining the 'Petrodollar' system. His book explains exactly how this will come about, but equally important is the comprehensive section on what you can do to protect yourself."
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