Hi Peter, as you are probably aware Saudi Arabia ended the 50 year agreement to exclusively sell Oil for US dollars. You have been talking about this for years now and it's finally coming home to roost, what does this do for the near-mid future of the dollar?
I'm a bit confused what it means for the Saudi Riyal because their currency is pegged to the US dollar too. What do you think their plan is? Gold backed Riyal or BRICS currency?
Peter, China will be instituting silver export controls as well as other metals like tungsten and antimony starting January 1. It might be something to talk about on your next podcast.
Here is an article of mine following up on Peter's Zerohedge debate with Spencer Morrison concerning tariffs: https://mises.org/mises-wire/tariffs-wont-ever-be-optimal
