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Saudi Arabia dumps US Dollar and could devastate American economy

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Mon, Jul 1, 2024 01:22 PM

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Consider this your urgent wake-up call. ? Sponsored ? Consider this your urgent wake-up call. IN

Consider this your urgent wake-up call.   Sponsored   Consider this your urgent wake-up call. IN THE NEWS   Looming Financial Apocalypse? Why Saudi Arabia Ditching the US Dollar Signals an Urgent Crisis As the world's economic landscape shifts, a seismic event is on the horizon that could fundamentally reshape the global financial system. Saudi Arabia, a longtime ally and cornerstone of the US petrodollar system, is making moves that should send shockwaves through anyone with investments tied to the US economy. The kingdom's decision to pivot away from the US dollar is not just a political maneuver; it is a harbinger of financial turmoil that demands immediate attention. Consider this your urgent wake-up call. Don't find yourself caught in the crossfire of a collapsing financial truth that mainstream media and institutions are desperately trying to downplay…. The implications may be both immediate and catastrophic. For decades, the petrodollar system has been the bedrock upon which America's economic might was built. Under this arrangement, the world's most crucial commodity, oil, was traded exclusively in US dollars. This symbiotic relationship meant that countries around the globe needed substantial amounts of US currency to purchase oil, thereby investing in and stabilizing the American economy. However, Saudi Arabia's move to abandon this system signals a tectonic shift. "The petrodollar system has been a pillar of the US economy. This system comes crashing down when key players, like Saudi Arabia, decide it's time for a change," said economic analyst John Fury. [Click here to get your free guide and learn what Americans are doing to help protect their accounts.]( Saudi Arabia's recent alignment with the BRICS countries—Brazil, Russia, India, China, and South Africa—marks a strategic and alarming pivot away from US influence. The BRICS consortium has openly discussed and initiated plans to conduct trade in local currencies, effectively sidelining the US dollar. This isn't conjecture; it's an unfolding reality with vast implications. "Saudi Arabia's partnership with BRICS is not just a regional strategy; it is a calculated move that accelerates the declining relevance of the US dollar in international trade," observes financial expert Sara Benson. The alliance's recent massive trade agreements only burnish the evidence that the US dollar is falling out of favor. The repercussions of losing Saudi Arabia as a partner in the petrodollar system cannot be overstated. As the demand for US dollars plummets, so will its value. An oversupply of the dollar will lead to inflationary pressures that could wreak havoc on the purchasing power of every American citizen. "The Federal Reserve will have limited tools at its disposal to control this new wave of inflation," warns Benson. "This will translate into higher prices for goods and services, potentially triggering an economic backlash that could rival the Great Depression." Economic scholar Edward Lawrence adds, "The stability of the US dollar has always been anchored by its role in global oil trade. Remove that anchor, and the consequences become unpredictable and likely dire." Beyond the immediate financial ramifications, this move sets the stage for a significant rearrangement in global power dynamics. A weakened US dollar means a weakened America. It's not too far-fetched to imagine a world where China's yuan or a BRICS-backed digital currency usurps the dollar as the primary medium for international trade. "There will inevitably be a shift in the world order, and it may well be the BRICS' time." - Michael Roach - Lowy Institute This shift will only consolidate power in the hands of nations that are already adversaries of the US, further eroding America's influence on the global stage. "This is not just about currency," says geopolitical strategist Louis Hart. "It's about shifting alliances and power structures which will render the US more vulnerable than ever before." The Lowry Institute expert warns that the mass ditching of the US dollar would lead to hyperinflation in the US (that would probably make the price rises of the past couple of years seem tame), as well as a spike in interest rates and falling asset prices. to learn what options are available to you? Click here to get your free guide.]( Now is the time to take control of your financial future. Learn how you can diversify and hedge against looming threats now. Failing banks, and inflation may have just been the start... things may only worsen with the growing power of BRICS and de-dollarization... Are you ready? [Click here to get your complimentary retirement guide!]( You need to be aware of the different available options so you can help protect your wealth. That's why we are sharing our FREE informational guides with you today. With this Precious Metals IRA Guide, you gain access to 25+ pages of essential detailed information and insights on Gold & Silver. [Request Your FREE Precious Metals Guide]( It's essential to explore alternative avenues for your wealth. Here are a few reasons why Americans are using this strategy to help hedge and diversify their retirement accounts: - Shield Against Economic Uncertainty - Hedge Against Inflation - Gain Ownership of Something Physical that CAN'T Be Taken Away This information is complementary with no purchase required. [Claim your guide NOW.]( $0 Cost To You & ZERO Obligation to Purchase   P.S.: We have been sharing this information with TENS OF THOUSANDS of Americans to help educate them. [Get your FREE 2024 Precious Metals IRA Guide](. This is your chance to get yours today!   Sources Preserve Gold cannot provide tax or legal advice and will not advise to the tax or legal consequences of buying precious metals or opening a precious metals IRA. Even though Preserve Gold and its representatives are precious metals specialists, we are not licensed financial advisors and do not give financial advice. Individuals should consult with their legal, investment, or tax professionals for such services. All investments carry risk. Some of those risks associated with precious metals include the following. Prices may rise or fall, which means that the value of your metals may go up or down and you may sell for more or less than you paid. Past performance does not guarantee future results. Preserve Gold cannot guarantee or promise future market movement, prices, or profits. In this communication, statements made are opinions and historical performance is no indication of future performance or returns. Information derived from third parties represents only the opinions of the third parties', and we do not endorse any of the third parties' opinions. Copyright © 2023 Preserve Gold Group, Inc. All rights reserved. This email is a paid advertisement. It is for a product and/or service that is not offered, recommended or endorsed by TradersPledge and neither the company nor its affiliates bear responsibility or control over the content of the advertisement and the product or service offered. There is a very high degree of risk involved in trading. Past performance is not indicative of future results. The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. TradersPledge and all individuals affiliated with this site assume no responsibility for your trading and investment results. The indicators, strategies, columns, articles and all other features are strictly for communication purposes only and should not be construed as investment advice. Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. Your information may be shared with our educational partners. You must assess the risk of any trade with your licensed investment professional and make your own independent decisions regarding any securities or investments mentioned herein. Affiliates of TradersPledge may have a position or effect transactions in the securities or investments described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. [Unsubscribe]( TradersPledge | a Dynamic Web Services Inc DBA MediaPub web property | 101 Marketside Ave. Suite 404 PMB 318 Ponte Vedra, FL 32081

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