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petrodollar

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The End of the Petrodollar Will Slaughter the U.S. Dollar

By , Associate Editor, Money Morning • @AlexMcGuire92 -

end of the petrodollar

For the last 15 years, the U.S. dollar has been heading for total destruction due to the end of the petrodollar.

The petrodollar is a system in which every oil export around the world is priced in dollars.

It worked for 40 years – but now it’s one of five “flashpoints” that will trigger economic collapse…

It worked for 40 years - but now it's one of five "flashpoints" that will trigger economic collapse...

A Post-Petrodollar Play for Triple-Digit Gains

By , Resource Specialist, Money Morning -

triple-digit gains

It's now clear as day that both Russia and China are making concerted efforts to move off the petrodollar system.

I've previously written about this petrodollar phenomenon as a developing trend.

Well now it's no longer developing, it's in active mode.

The result of this trend will roil the currency markets, and we can expect these seismic shifts to affect the U.S. dollar and the stock market.

The changes open up profit opportunities, too, and I've found the perfect stock to benefit from the petrodollar's demise...

Time for a Post-Petrodollar Profit Play

By , Resource Specialist, Money Morning -

Beware of unintended consequences.

That's the advice I'd give Western leaders when imposing sanctions on Russia over the Ukraine crisis.

You see, Putin's been racking up his air miles, hastening the pace to replace the petrodollar.

It's a topic I recently discussed here, along with an investment idea for a "counterattack."

At the end of Putin's two-day trip to China last week, the two nations signed a landmark natural gas supply deal, driving another large nail in the dollar's coffin.

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