Don't think so, mate. I've seen the same story all over, from Nasdaq and Kitco to the Economic Times. Plus, loads of major YouTube channels, including more from Kitco that came out just a few hours ago:
Because the U.S and Israel can't survive without the petrodollar, the C.I.A and Mossad will assassinate MBS and replace him with another douchebag who'd renew the deal at gun point, in my opinion.
The U.S is well on its way to becoming the next Argentina…. Good job, couldn’t happen to a better bunch of can kickers, fiscally illiterate dimwits and fools… just keep the presses going, “print baby print” haha 😂😂😂😂
Cannot wait, the U.S with a debt to GDP of 130% and climbing, inflation not sticky but persistent, increasing month on month, the figures being manipulated, a Fed Reserve manipulating the Bond and Stock markets being the biggest buyer of both, its citizens lied to, dumbed down, gold holdings not audited being contrived, total holdings predicate bluster and bull💩, a military found out on the Ukraine battlefield and in the skies above its odious all but confirmed by the both the ICJ and ICC, genocidal Mid East proxy , its military tech found wanting from Abrams no Ukrainski wants to be found in, little protection, vulnerable 18 of the 31 aflame and destroyed on the Ukrainian steppe, similarly it’s Bradley’s, Himars, Patriots JDAMS all jammed non effective… its only weapon terrorism and orchestrating, planning terrorist attacks on civilians… something the U.S we know has become adept at doing, killing civilians and lighter armed opponents, sandal wearing Kalashnikov toting and Toyota driving Arabs …
Yep, that sure is the exceptional U.S military power in the 21st century, its aircraft carrier deck out of use sans recent Houthi missile strikes… forcing it and other naval assets Djibouti to withdraw from Houthi strike range…. a blue water navy now manifestly unable to protect international mariners sailing international waters, how many Merchantmen now sunk.. 2 and counting, many more damaged.
Sadly for the victims and families … thankfully only two lives taken by the Houthi … contrast that with the U.S favoured endeavour and past time of killing civilians.. [Thanks for your Murderous Service…. Not] how many now racked up, dead and injured in the Mid East alone… more than 2 million… and counting…
Obviously the rag tag Houthis know how to wage conflict.. showing the U.S how to get a point across without killing indiscriminately… so many around the World looking forward to seeing this loathsome political and elite class running a once great nation down the very pits… taken down a few rungs, just deserts so many think and believe… just sad the American people are to suffer, Americans are truly such wonderful people, they will bear the brunt and suffer, suffer real hardship.
I’ve spent many a trip in the U.S and just loooooove the people, the country, despise its political and elite class, most of whom the elites and political class are so out of touch, living in a bubble, they are in the main self entitled, arrogant wankers…
The U.S economy a Madoff Ponzi, functioning only upon debt, debt upon debt, each year more debt needed to prevent the edifice tumbling down, ditto the Western fiat monetary system, comprised of literally a spiders web of layer upon layer of the beholden upon the beholden, debt upon debt, counterparty risk upon counter party risk and ultimately ending nearly always as it does, in London, D.C or Brussels…
Debt laden nations all, the entire Western financial system built upon a foundation of fresh air, nothing backing their devalued currencies with which they entrap the fiscally feeble minded, enslaving them, fresh air and empty promises heaped upon more fresh air and empty promises derived currencies.
The globe is in for a major reset, pray Putin and Nubillina his most adroit and genius Monetary minder, the head of Russias Central Bank, who with Putin, himself possessed of both a Law degree and an PhD his dissertation focussed on International Economics with a Mining and Resources minor adjunct to said Doctorate earned, have between them set up Russia to defeat the nearly 20,000 sanctions that have been imposed on the Russian Federation as well as being the chief architects of the global de dollarisation and proposed BRICS+ Gold backed trade currency likely to be launched at this years penultimate BRICS+ summit in Russia.
Doing so whilst Russia streaked past both Germany and Japan to be now the World’s forth (4th) largest economy based upon the most accurate metric.. PPP or Purchasing Power Parity… the cost of buying the same goods Russia as measured the economies it’s benchmarked against, its citizens enjoying high rates of home ownership 72%+, with a staggering 81%+ of those owners holding no mortgage debt.. contrast that with the fiscal enslavement in Western economies…
These proposed fiscal changes have won wide support from the BRICS+ members as well as the 87 nations who have intimated a desire to join the BRICS+ group or who have formally applied to join..
* BRICS collectively hold 32% of the world's GDP, surpassing the 30% held by the G7 countries.
* BRICS represent nearly half of the world's population.
* BRICS nations produce about 42% of global crude oil output.
This new fiscal architecture (Gold backed BRICS+ Trade settlement currency and de dollarisation) is really what the Ukraine conflict with Russia and China is all about, nothing whatsoever to do with defending democracy, freedom 😂😂😂😂😂, how can it be given the reality in that Nazi sh.thole Ukraine, presided over by a khaki fatigues wearing civilian running the dump with no legal mandate… the conflict actually a replay and reminiscent of the twin assaults against Iraqs Saddam Hussein and Libyas Muammar Gaddafi both of whom misguidedly proposed a Gold Backed Dinar, Settling Oil,Transactions in Euro vs USD and in the case of Libya promoted a new Gold backed Libyan pound that was then to extend throughout Africa to replace the tepid French backed … African Franc.
Neither option was palatable to either the U.S and or France, more so given their absolute backing at all costs the respective golden goose relied upon… anything/anyone threatening said respective dominance USD used in international energy trade and France’s heavy reliance upon African states to supplement their budget via the onerous and usurious African Franc terms necessitated the strongest response to said threats… France’s insistence and contrived risk threat against Gaddafi a case in point, whilst we saw following the debacle in Iraq, the lengths the U.S will go to defending their patch..
With what would be expected of a criminal enterprise, both states, the U.S and France helped and assisted each other to take out what to them both were West Asian upstarts, fast forward the present and it’s a different story, Russia no lightweight has its arsenal of hypersonic and military tech superior to Western equivalents together with a nuclear arsenal beyond compare… hence the escalatory rhetoric now so oft espoused these hysteria laden Western politicians… they know time is almost up, threshing as they are like the wounded beasts they represent, finally the world on the edge of a paradigm shift in power…
Pray Russia as they did WW2 defeat the West, reset the global architecture both fiscally and from the sovereign, trade, international order perspectives… central to their BRICS+ doctrine reinvigorating international conventions, laws, norms and especially institutions…. all of which have under Western influence become corrupted, politicised, biased, inequitable… the global majority clamouring for equanimity in global institutions…
Putin ever the lawyer is convinced they will reorientate our international bodies as noted or if not, they will establish their own parallel bodies leaving the Western bankrupted states to argue amongst themselves with these failed international institutions that no longer can be taken seriously….
Multipolarity a new paradigm… read, learn, discern, bring it on, end the colonial tyranny the world has laboured under for centuries… a new dawn beckons predicate trade, respect for sovereignty, non interference in nations affairs, peace, and a non confrontation environment… contrast the number of nations the collective West have entered into conflict with, sanctioned, the number of sanctions, the individuals impacted, killed, wounded, destabilised resulting the incessant wars, regime change, coup and assassinations or attempts with the BRICS+ states… you have the answer… if the Western elites need a boogie man to blame… look in the mirror the image staring back will have a lot to do with who is to blame be they male or female… both are loathsome… beneath contempt the destruction they have wrought… something we, the citizens of the world live and experience every minute of every day, many worse than others… just ask Gazan’s, Syrians, Libyans, Iraqi’s, Myanmarese, Sudanese, Ethiopians, Slavic peoples the former Yugoslavia, Vietnamese, Japanese, and so, so many more including civilians in the Donbas, Crocus, Belgorad, it is vile and evil the winner take all zero sum game played… there will be a reckoning, the World has just gotten much smaller, given time, full account or past behaviour in these conflicts will be had, Russia has stated there is no time expiration, no statute of limitations they will consider for past crimes against humanity, their global constituents , demand accountability, to excuse much of the behaviours of the tyrants Blair, Bush, Cheney, Biden, Obama, Sunak, Scholz, Macron, Van der Leyen et al to name but a handful of those needing to see the inside of an international courtroom moving forward… Russia and BRICS+ determined as they are to see the ICJ and ICC presently, in a true test, be seen to have justice done, an exciting just world beckons…. Kia Kaha from New Zealand
Don't think so, mate. I've seen the same story all over, from Nasdaq and Kitco to the Economic Times. Plus, loads of major YouTube channels, including more from Kitco that came out just a few hours ago:
https://www.youtube.com/watch?v=pjtKeewv7pY
I'm seeing reports that this 'end of the Petrodollar' story was fake news and that nothing expired on Sunday. Can you share your source?
Because the U.S and Israel can't survive without the petrodollar, the C.I.A and Mossad will assassinate MBS and replace him with another douchebag who'd renew the deal at gun point, in my opinion.
The U.S is well on its way to becoming the next Argentina…. Good job, couldn’t happen to a better bunch of can kickers, fiscally illiterate dimwits and fools… just keep the presses going, “print baby print” haha 😂😂😂😂
Cannot wait, the U.S with a debt to GDP of 130% and climbing, inflation not sticky but persistent, increasing month on month, the figures being manipulated, a Fed Reserve manipulating the Bond and Stock markets being the biggest buyer of both, its citizens lied to, dumbed down, gold holdings not audited being contrived, total holdings predicate bluster and bull💩, a military found out on the Ukraine battlefield and in the skies above its odious all but confirmed by the both the ICJ and ICC, genocidal Mid East proxy , its military tech found wanting from Abrams no Ukrainski wants to be found in, little protection, vulnerable 18 of the 31 aflame and destroyed on the Ukrainian steppe, similarly it’s Bradley’s, Himars, Patriots JDAMS all jammed non effective… its only weapon terrorism and orchestrating, planning terrorist attacks on civilians… something the U.S we know has become adept at doing, killing civilians and lighter armed opponents, sandal wearing Kalashnikov toting and Toyota driving Arabs …
Yep, that sure is the exceptional U.S military power in the 21st century, its aircraft carrier deck out of use sans recent Houthi missile strikes… forcing it and other naval assets Djibouti to withdraw from Houthi strike range…. a blue water navy now manifestly unable to protect international mariners sailing international waters, how many Merchantmen now sunk.. 2 and counting, many more damaged.
Sadly for the victims and families … thankfully only two lives taken by the Houthi … contrast that with the U.S favoured endeavour and past time of killing civilians.. [Thanks for your Murderous Service…. Not] how many now racked up, dead and injured in the Mid East alone… more than 2 million… and counting…
Obviously the rag tag Houthis know how to wage conflict.. showing the U.S how to get a point across without killing indiscriminately… so many around the World looking forward to seeing this loathsome political and elite class running a once great nation down the very pits… taken down a few rungs, just deserts so many think and believe… just sad the American people are to suffer, Americans are truly such wonderful people, they will bear the brunt and suffer, suffer real hardship.
I’ve spent many a trip in the U.S and just loooooove the people, the country, despise its political and elite class, most of whom the elites and political class are so out of touch, living in a bubble, they are in the main self entitled, arrogant wankers…
The U.S economy a Madoff Ponzi, functioning only upon debt, debt upon debt, each year more debt needed to prevent the edifice tumbling down, ditto the Western fiat monetary system, comprised of literally a spiders web of layer upon layer of the beholden upon the beholden, debt upon debt, counterparty risk upon counter party risk and ultimately ending nearly always as it does, in London, D.C or Brussels…
Debt laden nations all, the entire Western financial system built upon a foundation of fresh air, nothing backing their devalued currencies with which they entrap the fiscally feeble minded, enslaving them, fresh air and empty promises heaped upon more fresh air and empty promises derived currencies.
The globe is in for a major reset, pray Putin and Nubillina his most adroit and genius Monetary minder, the head of Russias Central Bank, who with Putin, himself possessed of both a Law degree and an PhD his dissertation focussed on International Economics with a Mining and Resources minor adjunct to said Doctorate earned, have between them set up Russia to defeat the nearly 20,000 sanctions that have been imposed on the Russian Federation as well as being the chief architects of the global de dollarisation and proposed BRICS+ Gold backed trade currency likely to be launched at this years penultimate BRICS+ summit in Russia.
Doing so whilst Russia streaked past both Germany and Japan to be now the World’s forth (4th) largest economy based upon the most accurate metric.. PPP or Purchasing Power Parity… the cost of buying the same goods Russia as measured the economies it’s benchmarked against, its citizens enjoying high rates of home ownership 72%+, with a staggering 81%+ of those owners holding no mortgage debt.. contrast that with the fiscal enslavement in Western economies…
These proposed fiscal changes have won wide support from the BRICS+ members as well as the 87 nations who have intimated a desire to join the BRICS+ group or who have formally applied to join..
* BRICS collectively hold 32% of the world's GDP, surpassing the 30% held by the G7 countries.
* BRICS represent nearly half of the world's population.
* BRICS nations produce about 42% of global crude oil output.
This new fiscal architecture (Gold backed BRICS+ Trade settlement currency and de dollarisation) is really what the Ukraine conflict with Russia and China is all about, nothing whatsoever to do with defending democracy, freedom 😂😂😂😂😂, how can it be given the reality in that Nazi sh.thole Ukraine, presided over by a khaki fatigues wearing civilian running the dump with no legal mandate… the conflict actually a replay and reminiscent of the twin assaults against Iraqs Saddam Hussein and Libyas Muammar Gaddafi both of whom misguidedly proposed a Gold Backed Dinar, Settling Oil,Transactions in Euro vs USD and in the case of Libya promoted a new Gold backed Libyan pound that was then to extend throughout Africa to replace the tepid French backed … African Franc.
Neither option was palatable to either the U.S and or France, more so given their absolute backing at all costs the respective golden goose relied upon… anything/anyone threatening said respective dominance USD used in international energy trade and France’s heavy reliance upon African states to supplement their budget via the onerous and usurious African Franc terms necessitated the strongest response to said threats… France’s insistence and contrived risk threat against Gaddafi a case in point, whilst we saw following the debacle in Iraq, the lengths the U.S will go to defending their patch..
With what would be expected of a criminal enterprise, both states, the U.S and France helped and assisted each other to take out what to them both were West Asian upstarts, fast forward the present and it’s a different story, Russia no lightweight has its arsenal of hypersonic and military tech superior to Western equivalents together with a nuclear arsenal beyond compare… hence the escalatory rhetoric now so oft espoused these hysteria laden Western politicians… they know time is almost up, threshing as they are like the wounded beasts they represent, finally the world on the edge of a paradigm shift in power…
Pray Russia as they did WW2 defeat the West, reset the global architecture both fiscally and from the sovereign, trade, international order perspectives… central to their BRICS+ doctrine reinvigorating international conventions, laws, norms and especially institutions…. all of which have under Western influence become corrupted, politicised, biased, inequitable… the global majority clamouring for equanimity in global institutions…
Putin ever the lawyer is convinced they will reorientate our international bodies as noted or if not, they will establish their own parallel bodies leaving the Western bankrupted states to argue amongst themselves with these failed international institutions that no longer can be taken seriously….
Multipolarity a new paradigm… read, learn, discern, bring it on, end the colonial tyranny the world has laboured under for centuries… a new dawn beckons predicate trade, respect for sovereignty, non interference in nations affairs, peace, and a non confrontation environment… contrast the number of nations the collective West have entered into conflict with, sanctioned, the number of sanctions, the individuals impacted, killed, wounded, destabilised resulting the incessant wars, regime change, coup and assassinations or attempts with the BRICS+ states… you have the answer… if the Western elites need a boogie man to blame… look in the mirror the image staring back will have a lot to do with who is to blame be they male or female… both are loathsome… beneath contempt the destruction they have wrought… something we, the citizens of the world live and experience every minute of every day, many worse than others… just ask Gazan’s, Syrians, Libyans, Iraqi’s, Myanmarese, Sudanese, Ethiopians, Slavic peoples the former Yugoslavia, Vietnamese, Japanese, and so, so many more including civilians in the Donbas, Crocus, Belgorad, it is vile and evil the winner take all zero sum game played… there will be a reckoning, the World has just gotten much smaller, given time, full account or past behaviour in these conflicts will be had, Russia has stated there is no time expiration, no statute of limitations they will consider for past crimes against humanity, their global constituents , demand accountability, to excuse much of the behaviours of the tyrants Blair, Bush, Cheney, Biden, Obama, Sunak, Scholz, Macron, Van der Leyen et al to name but a handful of those needing to see the inside of an international courtroom moving forward… Russia and BRICS+ determined as they are to see the ICJ and ICC presently, in a true test, be seen to have justice done, an exciting just world beckons…. Kia Kaha from New Zealand
When it is over it is over!
Isn't the Saudi currency still pegged to the dollar? And Saudi is still accepting dollars for oil?
They are obviously still accepting dollars for oil. But not exclusively... which is the entire point.
People don’t see it is just a next step but not the immediate end of the USD! Buy commodities!