Another EPIC BIDEN FAIL: Saudi Arabia Ends 80-Year Petrodollar Deal with US, Dealing Massive Blow to US Global Economic Dominance
More historic news the Democrat media complex isn’t reporting. This should be headline news everywhere. Saudi Arabia’s abandonment of the US dollar routs US global economic influence.
Saudi Arabia’s 50-year-old petrodollar agreement with the United States has expired, with no new agreement in place.
Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars.
Trump has said the dollar is collapsing and would no longer be the world standard… he warned us.
Related:
DUMPING THE DOLLAR: BRIC Countries Are Developing a New Currency, State Duma Deputy Chair
Saudi Arabia’s 50-year-old petrodollar agreement with the United States has expired, with no new agreement in place.
Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. pic.twitter.com/MxdUn8t2ZP
— BRICS News (@BRICSinfo) June 12, 2024
As of June 9th, 2024, Saudi Arabia has decline to renew the 50 year Petrodollar agreement.
This agreement provided security and weapons to Saudi Arabia in return for Saudi Arabia pricing oil in US Dollars, which helped maintain the US dollar as the world reserve currency.… pic.twitter.com/SASNHr5VfV
— Wall Street Silver (@WallStreetSilv) June 13, 2024
Collapse of the US Dollar
It’s accelerating towards breaking point
– Saudi Arabia ditches 50 year Petro-dollar deal which saw US Military protection in exchange for oil trade using Worlds reserve currency
– Russia suspends trading in US Dollars in Moscow Stock… pic.twitter.com/epOX5gJ0Dv
— Concerned Citizen (@BGatesIsaPyscho) June 12, 2024
Saudi Arabia Crown Prince Mohammed bin Salman declines invitation to G7 Summit.
— ð“œ.ð“ž.ð“‘ (@Mykoladoo) June 13, 2024
Wall Street Silver:
As of June 9th, 2024, Saudi Arabia has decline to renew the 50 year Petrodollar agreement.
This agreement provided security and weapons to Saudi Arabia in return for Saudi Arabia pricing oil in US Dollars, which helped maintain the US dollar as the world reserve currency.
Another crack in the dominance of the US dollar.
Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales
The petrodollar deal was originally signed on June 8, 1974, and was a key part of US global economic influence.
By: India Today, June 134, 2024;
In Short
- ] Saudi Arabia ends 80-year petrodollar deal with US
- Deal allowed Saudi oil sales in US dollars only
- Saudi can now use other currencies like RMB, Euros, etc
Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, as per media reports.
This agreement, originally signed on June 8, 1974, had been a key part of US global economic influence.
The deal set up joint commissions for economic cooperation and Saudi Arabia’s military needs. Back then, American officials hoped it would encourage Saudi Arabia to produce more oil and strengthen economic ties with Arab countries.
By choosing not to extend this contract, Saudi Arabia can now sell oil and other goods using different currencies, such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There’s also talk of exploring digital currencies like Bitcoin for transactions.
This decision marks a significant move away from the petrodollar system established in 1972 when the US stopped linking its currency directly to gold.
It’s expected to accelerate the global trend of using currencies other than the US dollar in international trade.
Source: https://gellerreport.com/2024/06/another-epic-biden-fail-saudi-arabia-ends-80-year-petrodollar-deal-with-us-dealing-massive-blow-to-us-global-economic-dominance.html/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.
![Report abuse](/img/report_abuse.png)