The Kingdom of Saudi Arabia announces that they officially are open to settling trade for Oil and Natural Gas in currencies other than the US dollar.
Details as I get them.
UPDATE:
The remark above came from the kingdom’s finance minister, Mohammed Al-Jadaan.
The Saudi riyal has been pegged to the U.S. dollar for decades, while the Saudi oil exports continue to support the petrodollar system from the 1970s in which the world’s top oil exporter prices its crude in U.S. dollars.
However, Saudi Arabia is willing to deepen its strategic cooperation in oil trade with China, the world’s largest crude oil importer.
Last month, China and Saudi Arabia agreed to expand crude oil trade as they upgraded their relations to a strategic partnership during the visit of Chinese President Xi Jinping in the Saudi capital Riyadh.
China, for its part, plans to make its own currency, the yuan, more prominent in international oil trade.
During a visit to Saudi Arabia last month, Xi Jinping pledged to ramp up efforts to promote the use of the yuan in energy deals, suggesting at a summit in the Saudi capital that the Gulf Cooperation Council (GCC) countries should make full use of the Shanghai Petroleum and Natural Gas Exchange to carry out its trade settlements in yuan.
Saudi Arabia is one of the largest oil exporters in the world. The country has always maintained a currency back to the dollar until now. Saudi Arabia is also trying to strengthen its relationship with China. The duo had earlier come to an agreement to ramp up coordination on energy exploration and policy.
Comments
https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davos
https://banned.video/watch?id=63c76a833315ed1aa69924fa
A "former" Black Rock Portfolio Manager* explains what is happening,
right now, that you may not realize,
and what is just around the corner in the very near future,
as well as .......long term.
Its not a pretty picture.
Drop everything and watch this and listen to what he has to say. You will need this info for your survival.
*Black Rock is buying up all the Real Estate in the USA, so that you and your children will become homeless or renters. Black Rock runs the Investments for the Criminal Elite. This is why you should listen to what he has to say. You don't believe my warnings? Well you BETTER Believe HIS Warnings.
I've put some of my notes below.
Former Blackrock Portfolio Manager Ed Dowd appeared on the Alex Was Right Emergency Broadcast to deliver bombshell insight on the collapsing Covid vaccine narrative & what to expect next:
Former Blackrock Portfolio Manager Ed Dowd appeared on the Alex Was Right Emergency Broadcast to deliver bombshell insight on the collapsing Covid vaccine narrative & what to expect next:
Sorry but this is very misleading
The Saudis are OPEN to discussions
Have officially done nothing.
They have NOT dumped the Petrodollar
https://finance.yahoo.com/news/saudi-arabia-open-discuss-non-160000583.html
https://www.zerohedge.com/news/2023-01-18/saudi-arabia-just-killed-petrodollar
Then in the early 1970's Kissinger advised Nixon to go OFF the Gold Standard, and FORCE everyone to Buy ENERGY/OIL/Petro in US$. In so doing, this caused even more stability in the US$. That is why it is called the Petro Dollar.
So if India, for example, wanted to buy Energy/Petro for their nation, they had to first convert their Indian Rupees into US$, and then purchase their OIL from the middle east/OPEC. This caused an artificial demand for the US$, thus strengthening it, which caused the US$ to become even more stable and thus the reserve currency of choice.
So as long as everyone in the world, who wants to purchase oil/energy for their country, HAS TO purchase it in US$ this scheme worked nicely, in spite of the fact the US$ is a fiat currency, not backed by any precious metals (backed by nothing but the good faith of the US gov't).
But once this scheme begins to unravel, as it is now, with BRIC countries abandoning the US$ as their reserve currency, and buying their oil/energy in whatever currency they want, that artificial demand that has been propping up the US$ for decades, soon evaporates.
Now since the US$ is backed by nothing, and is a FIAT currency, the value of the US$ becomes less stable, and in fact the value of the US$ begins to erode. This is called inflation. It takes more US$ to purchase the same things than before. (Surely you have noticed this phenomena at the grocery store lately.)
If the purchasing power of the US$ falls below the purchasing power, of say the Indian Rupee, countries will FLEE from the US$, because if they exchange their currency into US$, it will have LESS purchasing power.
In a worst case scenario the purchasing power of the US$ can fall similarly to the German Wiemar MARK in post WW1, where workers demanded to get paid at lunch time every day because the purchasing power of the Mark was declining so fast .....by the hour,.... and it got to the point where people literally needed a wheel barrel full of MARKS just to purchase a single loaf of bread. This is called a Fiat currency collapse.
must attack Russia now, to try to stop the BRICS from eroding the US$ any further, and force countries to go back to purchasing their oil in Petro Dollars again.
Suddam Hussein did not have any weapons of mass destruction, nor was he involved in 911, but that was the reason given (cover story) for the US attacking Iraq and killing millions of Iraqi people. The real reason for this Iraq war was Saddam Hussein, a former CIA asset put into power so the US could control Iraq, got a little too big for his britches and announced he would sell Oil in Iraqi Dinars. That did it! That caused our WAR with the Iraq, and that required the DEATH of Saddam Hussein.
So you can see, this is the real reason Putin must die, and the US must go to war with Russia.
But the catch this time, is Putin has nukes and has threatened to use them. So it won't be so easy for the USA to just march in kill off a lot of Russian people, kill off Putin, and take over Russia, like we took over Iraq.
https://media2.giphy.com/media/RN6sYUh5VIYlG/giphy.gif
So it looks to me like a prolonged ground war, to try to bleed Russia to death financially over this war. Something like a "Vietnam", that goes on and on for years. Also something like the Russian invasion of Afghanistan in the 1980's that became another sort of "Vietnam".
But only time will tell, what really ends up happening, because Putin is a pretty sharp fellow, and he has a lot of resources at his disposal. Putin's achilles heel, is the same one that the US had with the Vietnam war: after a while the people back home get sick and tired of sending their boys off to die in another country, for what gain?
The USA did not use their nukes in Vietnam, and just pulled out with nothing to show for their losses. Vietnam was a proxy war with Communist China, just like Ukraine is a proxy war with the USA/NATO.
So the big question is, will the USA or Russia start sending nukes to their enemies??? Russia is currently brandishing their nuclear weapons right now. But will they actually use them? Our idiotic/mad leaders think Russia is too chicken to use them. What do you think?
Russia has vast underground shelters for their people, all stocked with supplies, and they have had many civilian drills where everyone knows where to go on a moment's notice.
What preparations has the USA made? Anything similar?? Certainly, NOT for the average joe. The criminal elite, yes, they have underground bunkers (public and private), but you and your friends and neighbors have zip.
Now this brings us to the Deagel Map predicting a decrease in population of the NATO countries by 70% by 2025.
https://www.slaveplanet.net/images/WORLDmapDeagel2025.jpg
Also keep in mind, that the jews have a plan for World Conquest. They want to roll out a Global Communist Dictatorship, which they will head up. The only stumbling block has been the prosperous and inventive and engineering people of White Christian Western Civilization. So long ago it was decided that White Christian Western Civilization must be DEMOLISHED before the roll out of the jewish controlled Global Communist Dictatorship, better known as "The Great Reset".
Our populations must be weakened and sterilized by Kill shots aka covid vax.
Our food supplies must be destroyed, because hungry starving people are less likely to mount any kind of revolt.
Our economy must be destroyed, because poor people can't fight against their communist slave masters, because they are now dependent on their communist gov't for food and shelter, etc.
Our countries must have committed jewish communists filling all powerful positions in gov't and in powerful corporations. During election times, the people must not have a valid choice. They must only be allowed to choose between two hand picked communist WEF candidates, so no matter who wins, the communists win.
Our countries must be flooded with lower IQ 3rd world people, and inter-racial marriage encouraged to cause the extinction of the people of higher IQ White Christian Western Civilization nations. White people must be bashed and humiliated and defamed into extinction. LOW IQ PEOPLE DON'T REVOLT AGAINST THEIR COMMUNIST LEADERS, because they haven't a clue that they are even in slavery, much less be able to plan and carry out a serious revolt.
"The Plan" calls for as much chaos and lawlessness as possible so the people will tire of it, and beg for any kind of gov't leader, as long as the communist leader promises law and order.
Does any of This PLAN sound familiar to you??
Considering this overall long term plan by the jews to take over the world, what do you they have to lose if the USA and Europe get nuked to smithereens???
You see? It actually HELPS with their over all long term plan. Nuked people don't revolt against their communist masters, because they are either dead or dying. Now do you understand why the Deagle Map is so relevant?
Now do you understand why the clock is ticking and the OPPORTUNITY to REVOLT against our commie leaders who are marching us straight to our own destruction....is narrowing rapidly?
How do you roll out communism in a country where they citizens have BILLIONS of guns and ammo?
Simple. You nuke them.
Any questions?
Everything you need to Know about YOUR Future is right here:
The Whole Game Plan, written in the late 1880's, but not translated into English until 1905. This is the whole Game Plan that the Jewish Elders have been working on for centuries to enslave mankind. The Masons are just one of their many tools.
The Protocols of Zion
https://files.catbox.moe/itw9c6.pdf
http://theamericanproject.weebly.com/uploads/2/4/2/7/24276066/protocols_of_zion.pdf
WORLD CONQUEST THROUGH WORLD JEWISH GOVERNMENT
http://www.biblebelievers.org.au/przion2.htm#TABLE%20OF%20CONTENTS
Love Letter to America by X-KGB Yuri Bezmenov
https://files.catbox.moe/t5jyj1.pdf
so what's the big holdup using one or the other to carry out trade settlement, FOR ANYTHING, for that matter... & the BRICS have been working on a calculator that can do the math since about 2011, it must be a really big computer, like HAL was, if I have apples and you have oranges.... how do we trade?? and they been working on a "clearinghouse" to handle a "basket of currencies" (no, not a REAL basket- it's a concept) ... they been developing it since bout 2011, that's going on 12 years... maybe they just need a Good Will Hunting savant to wrap it up...
we are about to see!
Then in the early 1970's Kissinger advised Nixon to go OFF the Gold Standard, and FORCE everyone to Buy ENERGY/OIL/Petro in US$. In so doing, this caused even more stability in the US$. That is why it is called the Petro Dollar.
So if India, for example, wanted to buy Energy/Petro for their nation, they had to first convert their Indian Rupees into US$, and then purchase their OIL from the middle east/OPEC. This caused an artificial demand for the US$, thus strengthening it, which caused the US$ to become even more stable and thus the reserve currency of choice.
So as long as everyone in the world, who wants to purchase oil/energy for their country, HAS TO purchase it in US$ this scheme worked nicely, in spite of the fact the US$ is a fiat currency, not backed by any precious metals (backed by nothing but the good faith of the US gov't).
But once this scheme begins to unravel, as it is now, with BRIC countries abandoning the US$ as their reserve currency, and buying their oil/energy in whatever currency they want, that artificial demand that has been propping up the US$ for decades, soon evaporates.
Now since the US$ is backed by nothing, and is a FIAT currency, the value of the US$ becomes less stable, and in fact the value of the US$ begins to erode. This is called inflation. It takes more US$ to purchase the same things than before. (Surely you have noticed this phenomena at the grocery store lately.)
If the purchasing power of the US$ falls below the purchasing power, of say the Indian Rupee, countries will FLEE from the US$, because if they exchange their currency into US$, it will have LESS purchasing power.
In a worst case scenario the purchasing power of the US$ can fall similarly to the German Wiemar MARK in post WW1, where workers demanded to get paid at lunch time every day because the purchasing power of the Mark was declining so fast .....by the hour,.... and it got to the point where people literally needed a wheel barrel full of MARKS just to purchase a single loaf of bread. This is called a Fiat currency collapse.
Biden called Saudi leaders pariah and they didn't forget it.
Saudi had an ex former Saudi spy terminated after he turned on them. (Kashogi). Any other country would do the same. Fake journalists or not.
Biden is creating more and more enemies for Americans. Fake elections have bad consequences and were just getting started. Thanks dumb ass democrats who support trans, no oil, no gas stoves, men in women's restrooms and showers, no coal, communist policies, weak or no military, no nukes, on and on. Dems ruin society.
America has been (already) taken over by the less than 1% (jews), and these satan worshipers WANT the Destruction of WHITE Western Christian Civilization.......because.....supposedly, White Western Christian Civilization are the ONLY ones who can STOP them from taking over the WORLD with their Global Jewish Communist Dictatorship.
So America and Europe and Australia MUST be DECIMATED!!!...in order to roll out Global jewish Communist Dictatorship.
Of these Countries ONLY the USA still has GUNS and 2nd Amendment RIGHTS. That scares these people to death!!!
But I really don't know why, because Americans, with their Billions of Guns and Ammo, will NOT lift a finger to use their 2nd Amendment RIGHTS to take back control of their country.
UNLESS, Americans (you know, "the home of the BRAVE"), get off their DUFFs and TAKE 2nd Amendment Action, .....then YES, the game is over. Go sit in your corner and weep.
If you have any IQ, you should realize by now, that:
- you cannot win a rigged election, and
- you cannot sue and win in corrupt courts.
Our Founding Fathers KNEW this DAY would Come and that is WHY they put the 2nd Amendment at the top of the Constitutional RIGHTS!!!!
But the Americans today are either too stupid or too lazy to USE their 2nd Amendment Rights TO GET OUR COUNTRY BACK AGAIN, BEFORE IT IS TOTALLY DESTROYED!!!
Bow down to your new Global Masters:
Klaus Schwab = jew
George Soros = jew
Bill Gates = jew
Biden = closet jew (ALL of his children married jews, so that ALL of Biden's grandchildren are jewish.....why? So they will be among the less than 1% ruling the world. Ditto for Trump.)
On down the line, our leaders are either jewish, or have sold their souls to the jews.
Jews = far less than 1%
Elections are a FARCE in Communist Countries, or haven't you figured that out yet.
I'm just wondering how long it will take for Americans to wise up, to the ONLY option left to them.
http://www.voterig.com/votenowork.jpg
Use'em or Lose'em.
https://needtoknow.news/wp-content/uploads/2022/06/Why-gun-control-sign-2.jpg
https://thefederalistpapers.org/wp-content/uploads/2014/05/a_free_people_ought_not_only_be_armed_disciplined_but_they_should_have_sufficient_arms_and_ammunition.jpg
Everything you need to Know about YOUR Future is right here:
The Whole Game Plan, written in the late 1880's, but not translated into English until 1905. This is the whole Game Plan that the Jewish Elders have been working on for centuries to enslave mankind. The Masons are just one of their many tools.
The Protocols of Zion
https://files.catbox.moe/itw9c6.pdf
http://theamericanproject.weebly.com/uploads/2/4/2/7/24276066/protocols_of_zion.pdf
WORLD CONQUEST THROUGH WORLD JEWISH GOVERNMENT
http://www.biblebelievers.org.au/przion2.htm#TABLE%20OF%20CONTENTS
There are numerous evil Jews in the world.
Hitler himself may have been half Jew.
However, we must learn to distinguish Ashkenazi Jews from Hebrew Jews.
Let's not forget that Jesus himself was also a Jew.
The rabbinical term Ashkenazi refers to diaspora Jews who established communities along the Rhine in western Germany and northern France during the Middle Ages. Upon their arrival, they adapted traditions carried over from the Holy Land, Babylonia, and the western Mediterranean to their new European environment.
There are numerous evil Jews in the world.
Hitler himself may have been half Jew.
However, we must learn to distinguish Ashkenazi Jews from Hebrew Jews.
Let's not forget that Jesus himself was also a Jew.
The rabbinical term Ashkenazi refers to diaspora Jews who established communities along the Rhine in western Germany and northern France during the Middle Ages. Upon their arrival, they adapted traditions carried over from the Holy Land, Babylonia, and the western Mediterranean to their new European environment.
I totally get why the Saudis no longer believe the US can/will protect them from any aggressor. But...Getting in bed w/the most evil regime on the planet??? Unwise.
Hal’s said repeatedly, “get right with God”. That means trusting in him when everything that has been built by man to oppress man comes tumbling down, the process of which I’m sure, we can all see has begun. Pick up the Bible. Then before you open it, pray for understanding, and the humility to apply what you read in your life…..YOUR life, not everyone else’s. We will all stand or fall based on the strength of that relationship. Money in all its forms will soon be irrelevant.
“'They will throw their silver into the streets, and their gold will be treated as a thing unclean. Their silver and gold will not be able to deliver them ...
We've tried to warn people for many years this was coming through our ministry, about how the BRICS will come together and create a gold backed currency. As well as how the end of the petro dollar will be made. As has now been seen happening for many months, but with this it is being made "official"
Now we are seeing this happen in real time. They are collapsing the US dollar. Mainstream media will stay silent until they are given their scripts on what to say when it is their (WEF elites who own the banks and etc) time.
Knowing the banks, all the bills, loans, and etc will increase the dollar amount "owed" (loans, mortgages, etc) by whatever amount of inflation. They could also add it on by increasing the interest, and the "fixed interest" that some loans have will be made invalid by "laws" from congress or whatever.
But as far as anything a person has in their bank account, the bank will do their "bail ins" likely any time and take it. Peoples money will be devalued to nothing at best.
Its all coming, and with what else is happening probably Very soon. Especially with the FDIC video that was leaked just around a month ago where the heads were discussing how to keep the american people in the dark so they would not make a run on the banks. Of course the same is being done in all western nation.
Also the FDIC is supposed to make a "big announcement" this coming friday. And the day before that, this coming thursday, is when the US will once again hit the "debt ceiling". This is all not a "coincidence".
Regardless, we know for certain the people will never come out ahead. Having silver may help, but they could also do the same as they did in 1933 where they made it "illegal" for people to own gold and ALL of it (even gold certificates) was forced to be turned back in to the government in return for worthless paper currency. People may not believe that, but its happened before and back then they did not even have the digital sales records and etc that they do now.
So the best is to have food, fuel and other necessities first and foremost. Even then they may try to take that as well. Which is why they began several years ago with the "toilet paper" run calling people hoarders. Which that was caused by them pushing the reports in main stream media... even if people were stupid enough to worry about having paper to wipe their butt, instead of getting food to put in their mouth.
Time is running out for people to get what they need.
Isn't this the ONLY thing holding the dollar up?
The fact that in the past, that other countries wanting to buy oil had to buy lots of US dollars?
How long is this house of cards going to remain standing?
Nothing in the mainstream press.
The sheep are busy watching football.
The sheeple are going to take the Electronic Currency without a thought because they are going to be terrified and on top of that, they did not educate themselves and plan.
We are toast... getting slowly burnt.
Really painful to watch this cllusterfuk of what was once a country going down the drain.
As I just said on another reply, Its all coming, and with what else is happening probably Very soon. Especially with the FDIC video that was leaked just around a month ago where the heads were discussing how to keep the american people in the dark so they would make a run on the banks. Of course the same is being done in all western nation.
Also the FDIC is supposed to make a "big announcement" this coming friday. And the day before that, this coming thursday, is when the US will once again hit the "debt ceiling". This is all not a "coincidence".
But as far as anything a person has in their bank account, the bank will do their "bail ins" likely any time and take it. Peoples money will be devalued to nothing at best.
Its all coming, and with what else is happening probably Very soon. Especially with the FDIC video that was leaked just around a month ago where the heads were discussing how to keep the american people in the dark so they would make a run on the banks. Of course the same is being done in all western nation.
Also the FDIC is supposed to make a "big announcement" this coming friday. And the day before that, this coming thursday, is when the US will once again hit the "debt ceiling". This is all not a "coincidence".
Regardless, we know for certain the people will never come out ahead. Having silver may help, but they could also do the same as they did in 1933 where they made it "illegal" for people to own gold and ALL of it (even gold certificates) was forced to be turned back in to the government in return for worthless paper currency. People may not believe that, but its happened before and back then they did not even have the digital sales records and etc that they do now.
So the best is to have food, fuel and other necessities first and foremost. Even then they may try to take that as well. Which is why they began several years ago with the "toilet paper" run calling people hoarders. Which that was caused by them pushing the reports in main stream media... even if people were stupid enough to worry about having paper to wipe their butt, instead of getting food to put in their mouth.
Everything will crash with it since loans, credit cards, etc are paid in dollars. This kind of chaos would quickly become the impetus to shift to a digital currency, which wouldn't be backed by anything any more than the dollar is backed by anything. Sadly 'operation sandman' is well on the way to being carried out by the countries that want to take America down.
https://www.pakistantoday.com.pk/2023/01/17/saudi-arabia-joining-brics-a-strategic-game-changer/
https://www.theepochtimes.com/saudi-arabia-considers-global-trade-in-non-dollar-currencies_4991862.html
https://www.middleeasteye.net/news/saudi-arabia-open-trading-currencies-besides-us-dollar
The PM market always has big ears in all corners. Gold and silver markets usually start moving at the slightest hint of something big, like I think this is.
I haven't seen the slightest hint of movement.
https://www.kitco.com/charts/livesilver.html#ny
This graph stays current, so if the spot price of silver starts jumping around, it will be on this chart.
Riots in the streets; cars and buildings burning; troops called in to bring order.
Then the self righteous US calls for peace and regime change.
Write the headlines now.
Bingo! And they are not going to be US troops.
US troops and your drafted sons, are booked to go to Ukraine and die, as the UN troops are unleashed on a country that lacks State Militias.
Super-Hyper Inflation?
False flag "Terrorist" attack to justify another war?
Just a few of the possible things that might result.
Stolen elections definitely have consequences.
All I could think of was this move clip
https://youtu.be/kdqyG3CcoLM
Looks like another ATM trip tonight
This really is a good thing. Maybe some of you will wake up, maybe not. I no longer give a shit, but this is the beginning of the end for USA as we know it.
31 Trillion in debt, dollars toast, no water on west cost, food supply shot. An invasion from the south, with shit leadership going back decades. hahha! USA is broke and everybody hates us.
I say let it burn!
Thus, get food, supplies, etc, get dog food chicken food, etc as applicable....
Every week the Cabal Khazarian Joo Banksters inch us closer to the WW they want.... WEF guys n gals are the same... All very evil.
Yes, that's what Jim Willie has been warning about for a few years now.
He calls the domestic version the scheiss Dollar because it will be devalued at least 50%. Maybe he's revised that estimate and now it's more.
While silver is up to about $24 per ounce, that may be the cheapest you can buy at and it is set to triple or more in value… only if you can hold it in your hot little hands, though. You must possess the metal, not a paper fractional share of ore to be mined.
Oh boy; this is it.
All the news from the last few days on Hal's site point towards THE End of the U.S. Dollar many have been anticipating for decades, this Friday.
The storm is here.
Their "solution" will be the much vaunted Central Bank Digital Currency (CBDC) that will enslave all who accept it.
All anyone can do is prepare on a personal level and ride the tsunami. Or not.
It is called the Exchange Stabilization Fund.
Listen to Jim Willie tell you more about it.
Jim Willie (The Golden Jackass) is good. He's usually on the money.
https://archive.org/details/who-treaty-documents
Dude, seriously; nobody on this site cares about your "downloads". Go bait on another website.
Jesus Christus kommt bald!!!
Macht euch bereit für den Herrn!!!
Unfortunately, before our Lord Jesus returns, the devil will trash everything under the sun, literally in a TEOTWAWKI event possibly starting this weekend.
Let's see what life dishes out in the next few weeks.
RSS feed for comments to this post