The Phaserl


The End of the Petrodollar Will Slaughter the U.S. Dollar

from Money Morning:

June 9 saw one of the most significant attacks on the U.S. dollar to date, and most people missed it…

You see, most investors think the U.S. dollar is stronger than ever. After all, the greenback is up 3% this year.

But that couldn’t be further from the truth…

For the last 15 years, the U.S. dollar has been heading for total destruction due to one major transition: the end of the petrodollar…

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1 comment to The End of the Petrodollar Will Slaughter the U.S. Dollar

  • Tea

    The dollar’s days are done as being the world’s reserve currency with Gazprom officially selling oil in the yuan, this is what people have been warning about and it is here. This is one of the big nails in the coffin for us to recognize but all of the distractions to keep people uninformed will wear off once people realize the destruction of America.

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