You can't find anything because the post is fake. It originated on some rando site pushing people to "invest" in silver, and was then re-posted by Jack Straw. Remember, any idiot can publish any bullshit they want to on the Internet... and they do.
In reality, Saudi Arabia announced last year that they would accept other currencies in addition to the U.S. dollar - so the dollar is no longer the only currency used for the sale of oil. This will eventually cause problems, but it will take a while. The crap about not accepting U.S. dollars is a lie.
You can't find anything because the post is fake. It originated on some rando site pushing people to "invest" in silver, and was then re-posted by Jack Straw. Remember, any idiot can publish any bullshit they want to on the Internet... and they do.
In reality, Saudi Arabia announced last year that they would accept other currencies in addition to the U.S. dollar - so the dollar is no longer the only currency used for the sale of oil. This will eventually cause problems, but it will take a while. The crap about not accepting U.S. dollars is a lie.
Some info in this article:
https://markets.businessinsider.com/news/stocks/the-us-is-facing-a-major-challenge-as-petrodollar-loses-force-1032063614
Thank you for taking the time and effort to set the record straight.
It's downright embarrassing that so many people will believe anything they read without questioning the least thing.
I didn't waste to much time.. it smelled..
There are articles about them raising the oil price in June. but NOTHING about dropping the dollar.
See my post below.
He may be directionally correct, or even prompting us to look up directionally correct, but he is not correct on the details for sure.