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home / news releases / PLW - Oil Cartel Siding With China Can Destabilize The Petrodollar (Video)

PLW - Oil Cartel Siding With China Can Destabilize The Petrodollar (Video)

Invesco 1-30 Laddered Treasury ETF

SBTV picks the mind of Luke Gromen, founder of Forest For The Trees LLC, about an impending dollar crisis and what likely scenarios can destabilize the petrodollar in the coming years. We also asked him what his ideal monetary system would be if he got to choose it.

Discussed in this interview:

  • 05:08 Why a dollar crisis is coming?
  • 12:14 US dollar still the center of the world?
  • 13:07 Gold is wanted as a global neutral reserve asset.
  • 14:35 Saudis' view of the Petrodollar
  • 23:10 A world where oil is priced in multiple currencies

Read more ...
Stock Information
Company Name: Invesco 1-30 Laddered Treasury ETF
Stock Symbol: PLW
Market: NASDAQ
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