Lions and friends... just in case you are wondering.
Not only is Saudi Arabia/OPEC still accepting US dollars for oil, but Saudi Arabia is still continuing to peg the value of their currency to the dollar.
GM
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© 2025 Gregory Mannarino
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I worked for over 13 years in Saudi Arabia for Saudi Aramco, the last 5 years as a low level executive. I was fortunate to advise a Saudi prince at his request during the Arab Spring on tactics to keep it from happening in his country. This information was passed on to the King and the rest is history (they did not have an Arab Spring in their country).
This morning I received formal confirmation from a Saudi friend tied to the royal family that the crown prince did not renew the agreement to sell oil in us dollars.
Please protect yourself with tangible assets like gold, silver and land, and pre-purchase non perishable consumer items in advance of hyperinflation.
So many scammers and sensationists are over-hyping this OPEC thing. All this means is that the Saudis will use multiple currencies because it benefits them. That's it. They're still cutting all kinds of deals with the U.S. in dollars. We still produce weapons for them.