OPEC Oil Cuts & The End Of The Petrodollar | An Inflationary Nightmare
Gold & Silver Prices Turn Green, Is The Pullback Over? ($3000 Gold & WW3) â–º https://www.youtube.com/watch?v=CfN-gohuB6s
Saudi Arabia & OPEC have cut oil production by another 1 million barrels per day. This has some significant implications for gold, silver & inflation, because much of the "disinflationary" relief we've seen so far this year has coincided with falling oil prices.
If the price of energy begins to rise again, it could trigger a cascading series of events that leads to a much weaker US Dollar, Fed capitulation, and rising prices for inflation hedges such as physical gold & silver bullion.
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Video Breakdown:
00:00 Saudi Arabia & OPEC+ Have Cut Another 1 Million BPD Of Oil Production
03:19 What Effect Would Higher Oil Prices Have On The US Economy & Inflation?
04:55 The Federal Reserve Is Considering "Skipping" Rate Hikes
07:37 The Moment Of Truth For The Fed May Arrive Soon?
09:06 Saudi Arabia Joining BRICS Could End The Petrodollar & Lead To Soaring Energy Prices & Inflation
#oil #opec #brics #gold #silver #goldprice #silverprice #silverstacking #inflation #petrodollar
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