Commodity Trade Mantra

Posts Tagged ‘American Stocks and Bonds’

Watch How The Petrodollar Di(v)es As US - Saudi Relations Crack

U.S.-Saudi interests are diverging in many ways. Saudi Arabia’s 40-year pact with the United States is on the verge of ending. What happens next will have ramifications for the dollar for decades to come. We could be nearing the end of the petrodollar & I would not want to be holding U.S. Treasuries. With current interest rates I don’t want to hold them anyway.

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