$đŽVery important:
đșThe Kingdom of Saudi Arabia is about to...
Causing an earthquake in the global economy!
đșThe Kingdom of Saudi Arabia is expected to announce today that it will stop all oil sales in US dollars, following the end of the 50-year petrodollar agreement that was signed on June 6, 1974.
What does this mean (if it happens):
1⣠The demand for the dollar decreases, which leads to
Decrease in the value of the US dollar
2⣠High demand for gold and silver as a hedge against inflation.
3âŁRise in oil prices against the dollar
⏠ïžSaudi Arabia informed the Biden administration that it will not renew the petrodollar agreement