Petro-Yuan Means The Beginning of the End of U.S. Dollar Supremacy.

Brief:

China will introduce Petro-Yuan as early as the end of this year. This issue will undoubtedly hit the U.S. economy in various terms, forms & scales. In this respect, the U.S. stock market might highly likely be the first victim. The second victim might be U.S. based Cryptocurrency such as Bitcoin. These sectors have unrealistically expanded in the past couple of months.The bubble will explode sooner or later.

Note: We are on the verge of a huge development in economic & financial arena at global level; while today, President Trump asks Saudis to list Saudi Aramco on the New York Stock Exchange.
Saudi Arabia might choose Dual Listing. But the idea that Saudi Arabia put all its eggs in the basket of the USA (Only New York Stock Exchange) like before, is far from the reality. Because Saudis know time has changed; they know also that many other factors around the world have changed. In addition, we should bear in mind that China might force Saudi Arabia to trade the oil with Petro-Yuan. Should this happen, the U.S. economy will suffer a lot.

We are in fact, in the transitional phase of rise & fall of empires. 


M. Sirani                     04.11.2017