Commodity Culture: Collapse of the Petrodollar, Rise of Gold, End of Western Supremacy

In a recent interview with Commodity Culture, Lior Gantz, a renowned financial expert and editor of Wealth Research Group, discussed the end of the petrodollar agreement as a paradigm shift in the global economy. This shift, according to Gantz, is bullish for gold and is continuing to shift the geopolitical landscape in favor of Eastern powers. The petrodollar agreement, which has been in place since the 1970s, is a symbiotic relationship between the United States and Saudi Arabia where oil is priced in US dollars. This has created a demand for the US dollar and has allowed the US to…