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The End of the PetroDollar is Coming, and the US Congress is Helping
The end of the US Petrodollar (US Dollar) is happening. By trying to punish Saudi Arabia for cutting oil production before the November midterm elections the government is assuring the death of the petrodollar. The administration wants to halt all cooperation and military assistance with Saudi Arabia. These things are EXACTLY the reason gulf nations require countries to us the Petrodollar. If America doesn't provide cooperation and military assistance there is no reason for oil sales to be made in the dollar. OPEC will move to a BRICS currency and the dollar will be left to rot. Keep Your Ear to the Ground, and Head on a Swivel!
#petrodollar #oil #usdollar
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Articles:
https://www.zerohedge.com/geopolitical/top-dems-pivot-against-weapons-sales-saudi-arabia-after-oil-production-cut
https://www.moneymetals.com/news/2022/10/08/us-congressman-introduces-gold-standard-bill-as-inflation-spirals-out-of-control-002607
https://www.moneymetals.com/uploads/content/HR-9157-Gold-Standard-Restoration-Act----Alex-Mooney.pdf
Food shortages are here and will get worse. A dying dollar means you will be able to buy less. Grow your own food to combat the food shortages.
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DISCLAIMER #2: I am not a financial adviser. Do not take anything in my videos as financial advice. Even though I talk about money, currency, cryptocurrencies, gold, silver, other commodities, stocks, etc., I only express my opinion based on my experience or on articles I have read. These videos are for educational, and entertainment purposes only. Investing of any kind involves risk, do your own research. Your investments are solely your responsibility. There is no guarantee of gains or losses on any investments, especially the ones I talk about.
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