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COMFIRMATION AND QDROP LINKS TO THE END OF THE PETRODOLLAR !!!
note: confirmation via a.i, will see if the deal with saudi arabia is available
Qdrop 3393
21000089, >>21000121, >>21000125 EYES ON - THE PETRODOLLAR IS OVER AS OF 9TH JUNE 2024, DAVID KURTEN EXPLAINS
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The petro dollar deal with saudi arabia with the united state in 1974
In 1974, the United States and Saudi Arabia signed a significant agreement that established the petrodollar system, which linked the value of the US dollar to the price of oil. This deal was brokered by US Secretary of State Henry Kissinger and Saudi Deputy Premier Prince Fahd Ibn Abdel Aziz.
Key Points:
The agreement established that Saudi Arabia would sell its oil exclusively in US dollars.
The US would provide military aid and protection to Saudi Arabia.
The deal was seen as a “milestone” in US relations with Saudi Arabia and Arab countries in general.
The agreement created two joint commissions: one on economic cooperation and another on Saudi Arabia’s military needs.
Four joint working groups were established to prepare recommendations and plans for the economic commission.
The two governments also agreed to consider cooperation in other areas, such as trade and investment.
Impact:
The petrodollar system gave the US dollar a new level of global importance, as it became the standard currency for international oil transactions.
The deal helped to cement the US-Saudi alliance, which has remained strong to this day.
The agreement also contributed to the rise of the US as a global economic power, as the petrodollar system helped to maintain the value of the US dollar.
Context:
The deal was signed during a time of high oil prices and economic uncertainty, following the 1973 Arab-Israeli war and the subsequent oil embargo.
The agreement was seen as a way to stabilize the global economy and ensure a steady supply of oil to the US and other major oil-consuming countries.
Overall, the petrodollar deal with Saudi Arabia in 1974 was a significant event that had far-reaching consequences for the global economy and international relations. It established the US dollar as the standard currency for international oil transactions and cemented the US-Saudi alliance, which has remained strong to this day.
THE PETRODOLLAR IS OVER AS OF 9TH JUNE 2024, DAVID KURTEN EXPLAINS !!
Note: The contract between saudi arabia and the usa made a deal in 1974 for 50 years which expired on the 9th june. Saudi arabia has now made another 50 year deal with china, watch for market moves, the reserve currency for the u.s.a is over !!!
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The Petrodollar ended on 9th June 2024. We are now in a new era.
3,080 views 10 Jun 2024
A 50- year deal between the USA and Saudi Arabia to sell oil only in dollars is over.
This is a good post, but could have benefited greatly from a little bit better formatting.
Its pretty poor taste to include a search link in any post. Much better to include actual results that you believe are relevant for the reader.
Here is an important link, closest I can get to a "real source": ‘MILESTONE’ PACT IS SIGNED BY U.S. AND SAUDI ARABIA 1974 June 09
Also, you can embed q drops like this (remove space).
u/#q3393
That's why I ask other anons for their input, Thanks.
Treaties are broken all of the time fren.
The petrol-dollar is done.
The dollar being the world reserve currency is done.
The current system is done. I can't wait to see what comes next.
Looks like the details of this treaty was a "secret" deal and there is no confirmation that this treaty was for 50 years.
here is an article from 2016 that talks about this.
Great find, looks like forty years, instead of the fifty that’s being talked about.
Yeah, we all know USD is long past its expiry date.
All this date fagging, though, just LARPers trying to gain more followers and wanting to hit that one BIG DATE so they can then pretend to be the real prophets.
Agreed, personally I’m hoping that RK, Bitcoin, and BRICS new currency somehow converge and takes down all of the bank cartels.
https://internationalman.com/articles/is-the-collapse-of-the-petrodollar-imminent-heres-how-it-could-impact-the-worlds-reserve-currency/ Good article on the subject: Is the Collapse of the Petrodollar Imminent? Here’s How It Could Impact the World’s Reserve Currency by Nick Giambruno
China deal is a bit bothering. Sure, Chinese are cleaning their DS, but nobody is safe while the CCP is ruling
Dawn For The Petroyuan? Putin couldn’t have been more explicit. During Xi’s state visit, he named the Chinese yuan as his favored currency to conduct trade in. Ever since Western sanctions were levied on the Eastern European country for its invasion of Ukraine early last year, Russia has increasingly depended on its southern neighbor to buy the oil other countries won’t touch.
Trade Between China and Russia Has Surged In just the first two months of 2023, China’s imports from Russia totaled $9.3 billion, exceeding full-year 2022 imports in dollar terms. In February alone, China imported over 2 million barrels of Russian crude, a new record high.
Except that now, the yuan is presumably being used to make these settlements.
As Zoltar Pozsar, New York-based economist and investment research director at Credit Suisse, put it recently: “That’s dusk for the petrodollar… and dawn for the petroyuan.”
Qaddafi died because he wanted the oil and gas valued in gold.
At the very least the currency or currencies that are designated for buying, selling, and trading oil will be gold backed. The new US Dollar will be gold backed, but I doubt the world will allow the US to control the market again because our history of allowing the Cabal Reserve to manipulate everything is sticking in the craw of a lot of world leaders. We lost trust with the loss of control over our money.
World leaders who have challenged the petrodollar have ended up dead.
Take Saddam Hussein and Muammar Gaddafi, for example. Each led a large oil-producing country—Iraq and Libya, respectively. And both tried to sell their oil for something other than US dollars before US military interventions led to their deaths. https://internationalman.com/articles/is-the-collapse-of-the-petrodollar-imminent-heres-how-it-could-impact-the-worlds-reserve-currency/