Tag Archive: demise of petrodollar

3 Simple Reasons For Dollar Downside

It’s no secret that the dollar and gold often exhibit a negative correlation. Because gold is a dollar denominated commodity, a weaker dollar makes gold relatively less expensive for foreign investors while a stronger dollar makes gold relatively more expensive. It’s also no secret that the dollar has been losing value for years. In our view, loss of value is inevitable when it comes to fiat currency. Unfortunately for users of fiat currency, as their value declines they buy less goods and services. While all... Continue Reading

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The Demise of the Petrodollar

Think the death of the petrodollar is not a reality? Think again…Numerous factors that will lead to the eventual death of the petrodollar have already been set in motion, and this chain of events could lead to some of the most significant economic upheavals in history.  . Numerous countries have already begun to move away from the dollar, and this trend is likely to continue. The world is about to change. Are you ready? Russia has been in the news a great deal over the... Continue Reading