Luke Gromen - Oil Cartel Siding With China Can Destabilize the Petrodollar

By Silver Bullion / February 24, 2019 / marketsanity.com / Article Link

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 Petro-dollar23:10 A world where oil is priced in multiple currencies28:33 No credible reserve currency alternatives to the dollar?31:29 Bancor: A suitable replacement for the dollar standard?34:08 How should investors navigate the impending dollar crisis?

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok