Are the Saudis Ready to Ditch the Dollar?

By Dennis Tubbergen | January 23, 2023 |

For several years now, I have been writing about the ultimate consequences of the considerable devaluation of the US Dollar.           Over the past couple of years or so, every American has felt the effects of this dollar devaluation first-hand as consumer price inflation has driven the price of nearly every necessity higher.            But…

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Welcome to 2023 and the US Dollar Losing Favor

By Dennis Tubbergen | January 9, 2023 |

This week, I want to highlight some of the currency shifts that are taking place presently.  Not surprisingly, the Chinese Yuan is gaining favor around the world at the expense of the US Dollar.           This from Alex Kimani (Source: https://oilprice.com/Energy/Energy-General/Why-We-Shouldnt-Underestimate-Chinas-Petro-Yuan-Ambitions.html): The de-dollarization of the global oil industry is in a treacherous mission creep phase.…

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