Russian Oil Embargo - Good For Gold & Silver, Bad For US Dollar

Silver Price Smashes As Dollar Crashes (Fed Confirms Soft Pivot) ► https://www.youtube.com/watch?v=xzzopPjCgvg

The G7 Price cap and EU embargo on Russian oil goes into effect tomorrow, and the consequences are anything but certain. The goal of the cap is to reduce Russian oil revenues and lower global energy prices, but Russia has a few of it's own. By refusing to export fossil fuels to any nation participating in the cap, Russia is turning the tables on the G7, and global energy markets may see significant disruption as a result.

In addition to roiling energy markets and risking higher inflation throughout the west, this plan also further incentivizes the drive toward dedollarization among groups like the BRICS organization of nations. As the Dollar & western financial insitutions are weaponized, the Dollar is losing it's appeal as a store of value and means of settling international trade. Countries like China are dumping US Dollar debt & paper assets, and buying hard assets like Gold.

There is a considerable amount of speculation surrounding the possibility of a gold backed BRICS currency, and any such announcement would be a huge blow to the US Dollar. That's why I'm following the lead of central banks around the world, and getting out of dollars and into tangible wealth, gold & silver bullion.
💰 Great prices on silver bullion at SD Bullion ► https://sdbullion.com/smartstacker

🧼 Use coupon code "stacker" to save 10% on nanosilver powered personal care products from Silver Botanicals ► https://silver-botanicals.com

🟢 Join Other Smart Stackers On Reddit ► https://bit.ly/3c4ZJLb

📣 Follow me on Twitter ► https://bit.ly/3ugCoLx

📷 Follow me on Instagram ► https://bit.ly/3ubjs0V

Nothing in this video is financial advice. All information is provided for educational and entertainment purposes only.

Video Breakdown:
00:00 The G7 Price Cap On Russian Oil Has Potential To Disrupt Energy Markets & Incentivizes BRICS To Dump The Dollar
01:02 The G7 Has Agreed On A $60 Price Cap On Russian Oil, But The Actual Number Doesn't Matter
02:30 Russia's Energy Partners & BRICS Allies Will Not Heed The Price Cap
03:13 OPEC+ Has Decided No Further Cuts... For Now
03:45 A Saudi Shift To BRICS Will Put Them Firmly In The Driver's Seat Of Global Energy Markets
04:31 The US Is Making Some Countermoves To BRICS Energy Dominance, But Will It Be Enough?
05:13 Weaponization Of The Dollar, Sanctions & Embargos Will Incentivize The Dumping Of US Dollars
06:28 The World Is Dumping US Dollars & Buying Hard Assets Like Gold & Silver
08:16 Is A New Gold Backed Currency Around The Corner?
09:43 The US Dollar Index Is Already Breaking Down

Some of the links provided in this description are affiliate links. If you make a purchase using one of those links I will receive compensation at no additional cost to you. Thank you for supporting this channel in this way, or any other!

This video may contain paid endorsement by sponsors such as SD Bullion, Silver Botanicals, Masterworks & Others

#dedollarization #russianoil #gold #brics #g7 #oilembargo #russia #oilprice #energycrisis #inflation #silverstacking #silver #oil

Видео Russian Oil Embargo - Good For Gold & Silver, Bad For US Dollar канала Smart Silver Stacker