U.S. Dollar

Discussion in 'Stock Market Today' started by Marvan, Mar 16, 2022.

  1. Marvan

    Marvan Well-Known Member

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    "The U.S. dollar will die," and it will fall from its position as the world's reserve currency sooner than expected, says Jim Rogers, best-selling author of "Hot Commodities."

    In his first video appearance since the Russian invasion of Ukraine, Rogers tells our Daniela Cambone that Ukraine being inducted into NATO is the underlying cause of Russia's actions. "Now we're paying a gigantic price," for the actions taken by U.S. elected officials, he says, and when the war is over, Russian stocks will be an undervalued opportunity.

    Other sovereign nations are frantically "coming up with something to compete with the U.S. dollar" due to economic sanctions being ramped up in recent years, Rogers asserts. "I cannot see the world having 100% computer money," he concludes, saying governments will use it to control the masses.

     
  2. Marvan

    Marvan Well-Known Member

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    Saudi Arabia considers ditching the dollar for Chinese oil sales

     
  3. Value543

    Value543 Well-Known Member

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    The Sauds are indeed not happy with our efforts to re-enter JCPOA, our unwillingness to more directly support their efforts vs. Houthis, and our messaging regarding Khashoggi.
     
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