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The End of the Petrodollar

Today we’re going to be talking about the end of the so-called “petrodollar,” what that means for gold, and what that means for you. For the past 80 years the global financial system has been dominated by the strength of the U.S. dollar. Why has the dollar been so dominant and what’s the future of the dollar look like? That’s what we’re going to talk about today. We’ll cover the petrodollar agreement of 1973 between the U.S. and Saudi Arabia, and the history, definition and uses of the petrodollar. Let’s dive in. ✅ SUBSCRIBE SO YOU DON’T MISS ANY VIDEOS:    / @tradeway   ➡️ Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/unlock-the-s... 00:00 - Intro 00:48 - How does the petrodollar work? 03:23 - Short-term implications of the expiration of the petrodollar agreement 04:40 - Long-term implications of the end of the petrodollar Click here to book a complimentary strategy session: https://www.tradeway.com/call WATCH NEXT: Silver Not Gold? -    • Silver Not Gold?   Buying Gold -    • Why Are People Buying Gold?   How to Buy Gold -    • How To Buy Gold TODAY!   Why Costco is Selling Gold -    • Costco Reportedly Sells $200 Million ...   Download the free guide “5 Guidelines For Selecting Your Metals Dealer”: https://www.tradeway.com/metalsdealer CLICK HERE TO DIVE INTO BARTER TO CURRENCY: https://www.tradeway.com/barter-to-cu... Get started on your stock trading journey with one of our upcoming workshops or classes: https://tradeway.com/events.