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PetroDollar: What Is The Importance Of Buying Gold For A Country?

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@relojeros40
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Many people do not know about the "PetroDollar" is something really interesting, I think we can talk a little bit about how all this works about the dollars in circulation, you should know that gold backs the dollar, that makes the federal reserve of a country can print more money, but what if I tell you that gold no longer backs the dollar? I think you should take into account many important things before understanding all this.

PetroDollar: Great strategy to increase wealth!

Many people really know the wars that the United States has faced with countries all over the world, they have had civil wars and above all economic wars, many people know that the dollar is the fiat currency that really has value, but I must mention that oil has been backing the dollar, that means that each time a barrel of oil is worth less.

I think I can mention that the price of a barrel has really sunk to a historical price since September 14, if we really look at what has happened since then we can realize everything that has happened since then, I think it is something very logical all this, when oil supports the dollar then the more oil a country has the more the dollar is worth, but what is due to inflation in the price of USD? It is really very interesting this question, for this reason I think that countries buy much more gold and for this reason there is an economic war.

Gold & BTC: Value Reserve?

It is important to really understand why BTC was developed, this phenomenon was developed in 2008 to reserve our capital from a global financial crisis, this is simply what we need to know, I think Gold can be a bit volatile, but this asset really holds up over time and experts say it is the best option to protect our capital from inflation.

Financial Disclaimer: Everything mentioned in this article is for educational and entertainment purposes, I recommend discretion.

Copyright Disclaimer: All images are my property, otherwise I have the rights to use them freely for commerce.

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