$🔴Very important:
🔺The Kingdom of Saudi Arabia is about to...
Causing an earthquake in the global economy!
🔺The 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):
1⃣ The demand for the dollar decreases, which leads to
Decrease in the value of the US dollar
2⃣ High demand for gold and silver as a hedge against inflation.
3⃣Rise in oil prices against the dollar
⬅️Saudi Arabia informed the Biden administration that it will not renew the petrodollar agreement
