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2015/04/30

(Sinister?) Saudi Oil Plan Designed to Collapse U.S. Oil


Dear Early Investor,
 
Even in the face of rock-bottom gas prices (now around $2.50 nationwide), the Saudis just keep pumping oil...
 
They're churning out a record 10.3 million barrels a day, surpassing the old mark of 10.2 million barrels set in August of 2013 - when gas was going for $3.54 a gallon!
 
This has been a shocking response to the global oil glut, to say the least.
 
Venezuela's oil minister Asdrubal Chavez visited Saudi Arabia this week, as he's trying to broker a production cut. Right now, the low prices are killing the value of his country's No. 1 export.
 
For the same reason, Iran is pleading for a cut of "at least 5%," according to its oil minister Bijan Namdar Zanganeh.
 
Meanwhile, one UBS analyst says, "Saudi Arabia will go from record to record."
 
Oxford Club Resource Strategist Sean Brodrick is all over this story.
 
Why would the Saudis produce MORE oil even as prices plummet?
 
Sean tells me "there's a deeper, darker goal to this widely unpopular Saudi strategy."
 
In this video, Sean says, "The bottom line is this: Saudi Arabia wants to crush U.S. oil."
 
And it's working.
 
American oil job layoffs in the first quarter of 2015 were up a mind-boggling 3,900% compared to the same time frame last year.
 
Sean also warns of a "not-so-silent partner" that can help the Saudis ultimately destroy U.S. oil.
 
 
Regards,
Adam Sharp
Founder, Early Investing LLC

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