$🔴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

#Binance