Page added on January 29, 2023
The last 24 hours have marked another major waypoint along the path to my long-held contention that Russia, China and Saudi Arabia are going to make a massive, collective push to try and dethrone the U.S. dollar as global reserve currency.
Anybody who has read my 23 Stocks To Watch For 2023 (or any of my other recent articles discussing how I am personally positioning myself for this thesis) knows that I believe we are on the precipice of an unprecedented era geopolitically.
Put simply, I believe there is a historic divide in the making between the BRICS nations, led by Russia and China, and the West, led by the United States.
I was one of the few outlets last summer to even report on the fact that Russia and China openly announced a “new global reserve currency” (announced in July 2022, predicted by me in February 2022). And of course, Russia and China can’t do it on their own: they are working with nations like Saudi Arabia and India to help put their plans into practice.
Crucial to dethroning the U.S. dollar would be the removal of its use for buying and selling oil – a system that has been in place since the 1970s when the U.S. promised security for the Saudi Kingdom in exchange for the petrodollar system that underpins the dollar’s strength as global reserve currency. It’s a topic that I discussed at length back in September with Andy Schectman on this podcast.
Andy told me back in September 2022: “The dollar hegemony is right about ready to break when you realize that Saudi Arabia is about to join the BRIC nations. Do you think Biden is going to fly there to ask for more oil? He went there to beg them not to join BRIC.”
“The dollar was made reserve currency only because of our protection of the Saudi kingdom,” Andy continued. He then noted astutely that Saudi Arabia had signed new protection agreements with Russia. “All of the Eastern European countries that have repatriated their gold. They’re all part of the EU but they all trade their own currency. They’re all going to break away from the Western system,” he added.
And now it looks like Andy was right: it appears Saudi Arabia has just issued a death knell to the exclusivity of the petrodollar as we once knew it – the first of several dominoes that needs to fall before the U.S. is exposed financially as an emperor with no clothes.
108 Comments on "Saudi Arabia Just Killed The Petrodollar Right In Front Of Our Eyes"
superior chinks are being targetted 2023.01.11 Afghanistan Kabul 20 40 Twenty are left dead when a Fedayeen suicide bomber targets a Chinese delegation. on Fri, 10th Feb 2023 6:02 am
supertards please change ur undies after 5 weeks
please feel at ease among friends we’re all lovers of supremacist muzzies here
Duncan Idaho on Fri, 10th Feb 2023 10:08 am
Did you know Hillary Clinton has been replaced with a body double? That Donald Trump is currently president and running the country from Mar-a-Lago? That Nazis won WWII? That Mars has been colonized for decades? That there is no war in Ukraine; it’s all actors?
i appoint low IQ supertard KAT supertard his title is the lover of supremacist muzzies he is anti American and claims to make decison based on factual information i gave facts that supremacist muzizes kill daily and he still resolves to be on Fri, 10th Feb 2023 10:12 am
a lover of supremacist muzzies
2023.02.05 Philippines Lanao del Sur 1 3 Local Islamists attack a security patrol, killing one member.
supertards please change ur undies after 5 weeks
please feel at ease among friends we’re all lovers of supremacist muzzies here
ee e eee e on Fri, 10th Feb 2023 2:56 pm
Dissolution du gouvernement moldave suite à la démission de la Première ministre
https://www.youtube.com/watch?v=zYM07NzVjnA
This is why I said to have my new body done by the end of 2023 and ready to go out of earth by 2024.
Things will accelerate really rapidly from now on: supply chain collapse, gouvmerment collapse, global cooling, floods.
You will see gouvmerment collapse all around the world collapse and you will not be able to find competent and capable people to assume position of leader. Collapse of gouvmerment will lead to mass migration into neighboring nations leading to the collapse of more nations.
The worldwide collapse will accelerate really fast form here and forward.
r pp r r rr on Fri, 10th Feb 2023 3:02 pm
Les 27 veulent durcir leur politique migratoire et souhaitent un financement de la Commission
https://www.youtube.com/watch?v=bgefJpGwaBg
You are panicking too late. You should have panicked 20 year ago. Nothing can stop what is coming ahead.
makati1 on Fri, 10th Feb 2023 4:10 pm
Duncan, the US presidents have all been actors, or maybe better called puppets, for the elite corporatocracy for a very long time. Maybe since Eisenhower. Nothing new.
The other so called “elected” members of congress are all government money whores and liars. Amerika, the land of corruption and hypocrisy. I just hope they do not “destroy the world to save it”. maybe they will be destroyed by their own wokiness. We can only hope.
Summer is coming to the Philippines. More sunshine. Less rain. Different flowers. A great place to live if you are out of the cities.
On This Day... Feb 11, 2017: Hawija, Iraq Children are among Iraqis doused with tar and then set on fire: 15 Killed on Sat, 11th Feb 2023 11:54 am
supertards please change ur undies after 5 weeks
please feel at ease among friends we’re all lovers of supremacist muzzies here
Dennis Meaney on Tue, 14th Feb 2023 7:01 am
The most important story!!!