Category: #petrodollardemise

Suddenly, “De-Dollarization” Is A Thing

For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar… Source: http://ift…

Source: http://ift.tt/2fdh87g

Trump Makes Huge Move To Stabilize Economy

President Trump has just made a huge move to stabilize the US Economy and eliminate the US Trade deficit. The President has just directed the US Department of Interior to allow drilling for oil in the Arctic Reserve…..

Source: http://ift.tt/2xHPIOv

Trump Makes Huge Move To Stabilize Economy

President Trump has just made a huge move to stabilize the US Economy and eliminate the US Trade deficit. The President has just directed the US Department of Interior to allow drilling for oil in the Arctic Reserve…

Source: http://ift.tt/2x84ef4

Venezuelan President Commits to Pricing Oil in Yuan to Counter US Sanctions

Nicolas Maduro stated that Venezuela had already begun publishing prices for its oil in Chinese yuan in a bid to avoid the US dollar and counter US sanctions…

Source: http://ift.tt/2h75dbx

BRICS Ready to Challenge US Dollar Says Putin

Russian President Vladimir Putin has said that Russia is ready to join forces with its partners to counter the excessive domination of the limited number of reserve currencies. Putin made his comments in his article published in the run-up to the BRICS summit…..

Source: http://ift.tt/2h90faB

A Labor Of Love With The Golden Jackass

Well, here we are…the unofficial end of summer. It’s Labor Day weekend here in the U.S. which means we are in the midst of a 3-day weekend. And you know what that means here at TFMR! Fresh Jackass for everyone! When Jim and I recorded this back on Thursday, time was somewhat short…..

Source: http://ift.tt/2h9gKah

De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S… Source: http://ift…

Source: http://ift.tt/2h7VJgc