This is a BFD….
And that stands for Big Freaking Deal.
Not just “boring economics” … the PetroDollar is what made the United States the envy of the world for the last 50 years.
And when it goes away, things could plunge fast.
Very fast.
Oh, and it’s not ending at some point in the future, it actually ends TODAY:
PETRODOLLAR EXPIRES TODAY JUNE 9, 2024.
Saudi not renewing petrodollar which expires today June 9, 2024 pic.twitter.com/kazJImz8Fx
— PRAZZ (@KathPrazz) June 9, 2024
Many are calling it the Black Swan to end all Black Swans:
The Petrodollar was established 79 years ago in 1945. On June 9 2024 the agreement between Saudi Arabia and USA is set to apparently expire and the Saudis will not renew ithttps://t.co/VGZTRVO7Po pic.twitter.com/82OWQn19jR
— Wide Open Truth (@wideopentruth) June 4, 2024
Grok confirms it is ending today:
But then the big question is….what comes next?
And while I don’t have a crystal ball, what I hear over and over and over again from all my sources is: BRICS, GOLD and XRP.
Watch this!
America Last
Thanks To The
Current Administration
“My Favorite Rabbit Hole”
PetroDollar/NEW Gold Standard with @Ray_Fuentes1111 @mollyelmore22 @jvallee2000 pic.twitter.com/l9bP6INj5b— Digital Asset Investor (@digitalassetbuy) June 8, 2024
Now you know why Gold and Silver have been setting record highs recently….
Because there is most definitely a “Great Reset” coming and those who know seem to think it’s going to involve Gold. A LOT of Gold!
Saudi Arabia is not renewing the 50-year Petrodollar agreement with the US & it expires on June 9, 2024.
For those who don’t know,
The petrodollar was established in 1974, three years after the U.S. abandoned the gold standard.
Under the Petrodollar Agreement, Saudi Arabia…— Vandell | Black Swan Capitalist (@vandell33) June 3, 2024
Rep. Thomas Massie has been all over this….
Keep reading for what he is telling you comes next and an explanation of why this is going to impact your life almost immediately….
Oh, and also for what YOU can do right now to prepare!
BREAKING: US Congressman Thomas Massie Says The World Is Going To Stop Using The US Dollar As The Global Reserve Currency
Heads up folks!
For over two years, I’ve been warning you that the US Dollar is in trouble and at risk of losing the World Reserve Currency status.
If you don’t know how serious that is, I’ll explain down below in just a minute.
It’s not just some mundane academic thing that only economists care about….
No, you’re going to care a whole lot about it when it happens because your quality of life and standard of living will plummet when that happens.
So we’ve been warning you for over 2 years this was coming.
When I say “we” I mean me and my longtime guest Bo Polny who has been telling you each time he comes on my show.
When Bo first started talking about this over 2 years ago, many of you thought it was crazy talk and could never happen….
Fast-forward to today and you now have a sitting member of Congress, Rep. Thomas Massey, telling you it’s not only possible but it’s happening right now:
BREAKING: US Congressman Thomas Massie says the world is going to stop using the US Dollar as the global reserve currency. pic.twitter.com/myQtb0QXQk
— The General (@GeneralMCNews) June 7, 2024
Buckle up folks, it’s about to get VERY rocky!
And now allow me to explain why you should care….because it’s going to greatly affect your standard of living:
BRICS Creates New Payment System, Will Compete Against US Dollar
Heads up folks, this is a big one….
Just as Bo Polny has been warning you, the U.S. Dollar is under serious attack and may soon be taking a nasty plunge.
It’s not by accident, it’s by design.
The nations of the world, particularly the BRICS nations, are tired of the dollar-supremacy and have been wanting to dethrone it for a long time.
Until recently, that’s been impossible due to our strength in America, but Joe Biden is swinging the door wide open for our fall.
Or perhaps it’s an intentional implosion from within?
Either way, this is real and very bad news:
Now don't tune out on me when we start talking economics....
Because this is going to affect your life in a big way.
If you're a little confused about why the U.S. Dollar is so important, you need to see this.
It's the "petrodollar" and it's the reason we have such a high standard of living here in the USA.
But when it falls?
Worse than the Great Depression -- and here's that word again: overnight.
Watch this and I think you'll understand:
The standard of living in America will FALL OVERNIGHT if the petrodollar falls...
"Worse than the Great Depression"
PREPARE NOW
Watch: pic.twitter.com/bBbq9TI0oP
— DailyNoah.com (@DailyNoahNews) June 24, 2023
Larger video player here:
The standard of living in America will FALL OVERNIGHT if the petrodollar falls...
"Worse than the Great Depression"
PREPARE NOW
Watch: pic.twitter.com/bBbq9TI0oP
— DailyNoah.com (@DailyNoahNews) June 24, 2023
And here is NPR of all places, confirming exactly what Glenn Beck, Bo Polny, me and so many others have been telling you:
The dollar is the world's currency: It dominates global business.
The dollar is surging. This is who gets helped — and hurt — by its newfound strength
Economists call it the "global reserve currency," a fancy title the dollar got about 80 years ago that has brought some pretty serious perks to the U.S. economy.
But could the dollar get knocked off the top spot? There are challengers emerging, and history shows that countries whose currency dominated the globe can fall from that top spot pretty fast ... even over the course of a few days.
How it started: timing + muscle + lots of gold
The U.S. dollar did not luck its way into the top spot.
It was a carefully engineered plan that unfolded in the mountains of New Hampshire nearly 80 years ago.At the time the British Pound Sterling was the international currency. A title it had held for decades.
The dollar's rise happened pretty suddenly at the Bretton Woods International Monetary Conference in 1944. Bretton Woods was a gathering of world leaders at the end of World War II. They came together to try and establish an international system for trade and finance, to help bind the world together and increase prosperity for all.
Now with that in mind, here's what's coming:
JUST IN: BRICS to launch independent payment system based on cryptocurrency and blockchain. pic.twitter.com/Oozky0kjAB
— Radar
(@RadarHits) March 5, 2024
You HAVE to watch this one:
The BIS and central banks worldwide continue to accumulate gold reserves, setting the stage for a gold revaluation in 2024
BRICS is working on a new payment system based on cryptocurrency and blockchain as they stockpile gold
![]()
In the coming financial century we will… pic.twitter.com/6iyrxtReZY
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) March 5, 2024
The BIS and central banks worldwide continue to accumulate gold reserves, setting the stage for a gold revaluation in 2024
BRICS is working on a new payment system based on cryptocurrency and blockchain as they stockpile gold
In the coming financial century we will return to gold-backed assets, but this time valuable assets will be tokenized!
#XRP will bridge valuable, gold-backed currencies -
Everything has been planned for a long time...
Did you catch the GOLD part?
What do I keep telling you....all the big players right now are buying gold.
Not just buying it but stockpiling it!
Nations....
Central Banks....
They're all buying as much as they can get their hands on.
That's all well and good for them but what about you? And me?
Let's talk solutions...
Because I can't leave you hanging just with doom and gloom.
As always, I leave you with SOLUTIONS!
You may have noticed Glenn brought up gold.
In fact, you've probably been hearing a LOT about gold.
There are many credible rumors saying gold will back the new reserve currency that's about to emerge...wouldn't THAT be interesting!
Gold has been the ONE currency to have stood the test of time.
Literally "God's Money" it has never gone to zero and by all accounts never will.
And the Central Banks know it.
I always say: watch what they DO, not what they SAY.
There's a phrase on Wall Street called "talking your book".
It's a pretty evil thing...
Basically what it means is while you are telling the world one thing, you are secretly doing the exact opposite behind the scenes.
Why?
Because if you can make the entire market panic (retirees, workers contributing to 401ks, people trying to get ahead with investments), then you can swoop in while they're panicking and buy on the cheap!
Vice-versa, if you can create euphoria, you can get the public to buy in at exactly the wrong time....all while you cash out.
It's what Wall Street has been doing forever.
And history is repeating itself right now with Gold and Silver -- in my opinion.
For the last year, central banks across the globe have been buying up as much gold (and often silver) as they can acquire without raising alarm bells.
Now, we see why.
The recent bank runs and ongoing collapse of the U.S. banking system was anticipated by the "elites" and the central bankers who run things behind the scenes. They saw it coming and knew the best way to protect their assets was through physical precious metals.
So...the only question is, are you going to do what they TELL YOU or do what they DO themselves?
It's why Jim Cramer is wrong almost EVERY time on CNBC.
His job is not to give you great Financial Advice.
I sure hope you didn't think that.
No, his job is to "talk the books" for Wall Street and get the narrative out that they want!
Even if it's wrong -- like it is over and over and over.
So, what can you do?
You can do what the Central Banks are doing...get some Gold and Silver.
Precious metals.
God's money.
I just talked about precious metals this week with Bo Polny and now I'm bringing you a solution that you can utilize right away if you're so inclined...
Oh and here's the best part...it's from a faith-driven, conservative precious metals company whose mission is to help Americans tap into the rising precious metals market through self-directed IRAs backed by physical precious metals. And while this service is not unique to Genesis, their adherence to Biblical stewardship of money makes them singularly qualified to receive a sponsored recommendation from this site.
Unlike most companies offering similar services, Genesis deals only with physical precious metals.
So important.
They do not offer "virtual" or "paper" gold or silver.
Oh, and you know who else loves these guys?
Superman.
Literally Superman, Conservative Actor and the man who once played Clark Kent on ABC, Dean Cain.
Check this out:
With Genesis and their depositories, customers can see and touch the precious metals that back their retirement accounts. When it comes time to take distributions, Genesis customers can cash in some or all of their precious metals or have them delivered to their door.
Central bankers aren't slowing down. In fact, nations like China and even U.S. states like Tennessee are quickly but quietly buying up gold to back their own treasuries. When the writing on the wall is this clear, it's understandable why these governments are moving quickly to get ahead of any potential economic catastrophes in store.
Working with Genesis is the best way our readers can explore the physical precious metals market through self-directed IRAs. It benefits us as well when our readers work with this America-First company.
Visit genesiswlt.com or call 866-292-0443 today.
Don't wait too long, according to Weiss we have more bank failures right around the corner.
You know what has NEVER "failed"?
Gold. Precious metals. Indestructible.
There's a reason they call it "God's money".
Watch this for more:
Stay safe!
This is a Guest Post from our friends over at WLTReport.