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Archive for the tag “petrodollars”

Who Doomed The Petrodollar?

There has been a lot of confusion lately about Saudi Arabia allegedly ending a 50-year-deal with the United States. The “deal” tied oil sales to the US dollar. But many have claimed that the deal never actually existed. So, what’s really going on here and should Americans be worried?

Financial expert Carol Roth joins Glenn Beck to break it all down, including why she believes the United States and our Federal Reserve are really to blame for the petrodollar’s destruction. Plus, Carol explains why the Biden administration can insist the economy has never been better, although our wallets can tell us the opposite is true.

Saudi Arabia Kills Petrodollar

A big development in dollar dominance…or dollar decline? Is it true? Is it fake? Let’s discuss. Here’s more from Really Graceful.

We Are In God’s Hands

Fear not. While threats of World War III are running rampant, we are in the hands of God, and God will not lead us astray. But we can expect some major upheavals, economic shakedowns and armed skirmishes over the months ahead. That’s the prognosis of Bo Polny, who previously accurately predicted that a war would break out in Israel during the month of October 2023.

In this roughly hour-long video, Polny is interviewed by journalist Greg Hunter. Polny gives full credit for his epiphany to God.  Polny explains how he reads the variety of symbols and interlocking numbers from the pages of The Bible. Even though The Bible has been altered — and much of its deeper meanings obscured — there are still ways it can be studied to glean the truth.

Here, Polny makes several new predictions:

  • He sees a major crash in the U.S. bond market and stock exchange, with stocks possibly losing as much as 27 percent of their value. He says these crashes could begin later this month, but might well stretch out over a couple of months time.
  • The U.S. dollar also is poised to crash. It’s no longer backed by gold, and now its attachment to oil has also been severed as Saudi Arabia has joined the BRICS (Brazil, Russia, Iran, China, South Africa) nations. “In other words, it’s run out of gas,” says Polny. He sees this collapse occurring during the first quarter of 2024.
  • What else might collapse? Polny says the days of the World Economic Forum are numbered. “Fear not,” he says, “God has got this.”

World Dumping U.S. Dollars?

Andy Schectman, President and Owner of Miles Franklin, discusses his thesis that the world is poised for a monetary reset, which would result in the BRICS having their own reserve currency, likely backed by gold, and how this goes hand-in-hand with de-dollarization trends that are currently unfolding.

He tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, how a ‘tsunami of inflation’ would ensue as dollars are repatriated to the United States, which would cause a corresponding ‘crash’ in asset prices as interest rates rise accordingly.

Wealth strategist Rebecca Walser predicts that tectonic shifts in the global financial system are going to produce dramatic shifts in wealth within in the US. Will you be left behind? More from Dinesh D’Souza.

Have Saudis Ended Petrodollar?

Saudi Arabia’s Finance Minister Mohammed Al-Jadaan says the Saudis are now open to settling trade in currencies beyond the U.S. dollar. The announcement came at the World Economic Forum (WEF) meeting in Davos, Switzerland.

Does this signal the end of the petrodollar? If so, says, Greg Hunter, we better brace for a monstrous economic crash. More from Hunter on his channel USAWatchdog.com

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