Sunday , 19 May 2024

Tag Archives: petrodollar

2012: The Beginning of the END for the U.S. "Petrodollar"! (+8K Views)

A major portion of the U.S. dollar's valuation stems from its lock on the oil industry and if it loses its position as the global reserve currency the value of the dollar will decline and gold will rise. Iran's migration to a non-dollar based international trade system is the testing of the waters of a non-USD regime...transition to a world in which the U.S. Dollar suddenly finds itself irrelvant. [Let me explain.] Words: 1200

Read More »