Saudi Arabia Just Killed The Petrodollar

• Saudi Arabia Just Killed The Petrodollar
  by QTR’s Fringe Finance, via https://www.zerohedge.com/
  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.
  –
  read more.

end