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The David Knight Show

INTERVIEW Saudis Abandon Petrodollar?

The David Knight Show

David Knight

Politics, News, Society & Culture, Religion & Spirituality, Christianity

4.6765 Ratings

🗓️ 6 June 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

  • Will Saudis officially abandon the petrodollar in the next couple of days?
  • Financial foundations are shaking with countries moving to BRICS and away from the dollar as the world reserve currency
  • Accumulating gold and silver in small or large pieces
Tony Arterburn, DavidKnight.gold, joins

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Transcript

Click on a timestamp to play from that location

0:00.0

All right.

0:05.5

And we've got Tony Ardaban on after that brief break from Wise Wolf Gold, but he has set up David Knight.

0:11.4

.gold to take you to Wise Wolf.

0:13.5

And, of course, you can buy gold or silver, small amounts or large amounts.

0:17.8

You can also set up a savings program there with Wolfpack. You can determine

0:22.1

how much you want to save each month in gold or silver and get a group discount as part of that.

0:28.1

And so you can gradually accumulate that. And he can also help you if you want to do a metals IRA.

0:34.2

He can help you to set that up. Great to have you on, Tony. Thank you for joining us today.

0:38.0

Thank you for supporting this program. Well, it's an absolute honor, sir. Thank you for having me back. I always enjoy

0:43.1

our Thursday chats. Well, thank you. Yeah, it's great to have you on. And I, in the brief time that we're

0:48.4

talking during that break, you said you heard the question from somebody about Saudi Arabia.

0:55.6

In three days.

0:57.5

Is there some kind of magic agreement?

0:59.6

Were you able to find anything about that?

1:01.1

Well, yes.

1:08.0

And I'm going to be very careful not to break anything here that is unsustantiated because there's a whole host of blogs out there and speculation on what's

1:13.1

going to happen on the 9th. We do know this, that in June 6, 1974, the House of Saad and the United

1:20.8

States formed a petro dollar agreement in exchange for military protection that the brokering and all sales of the crude oil in Saudi Arabia would flow through dollars. And that's where you get the term petro dollar.

1:37.3

And so that was 50 years ago today? That's interesting. Yes. The day too. June 6 right. Yeah. Also anniversary of Operation Overlord, 1944.

1:47.0

And so, yeah, it's expiring on the ninth.

1:52.0

And so, again, there's some disinformation.

1:55.0

And I don't want to lean too heavily on there.

...

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