by Greg Hunter, USA Watchdog:
There was big global news coming out of the World Economic Forum (WEF) in Davos, Switzerland, and it’s not the usual tyrannical pompous crap you are used to hearing about. The finance minister of Saudi Arabia signaled death of the petrodollar was officially announced. Mohamad Al-Jadaan said the Kingdom is open to settling trade in currencies other than the dollar. Oil trade has been exclusively done in U.S. dollars since the early 1970’s, and this is a big reason why the dollar became the world reserve currency. This move may not actually kill the dollar, but it will hurt its buying power. You have been warned.