Wednesday, October 23, 2024

The Dollar is "Doomed" (Again)💲

AN OXFORD CLUB PUBLICATION

Loyal reader since February 2024

View in browser

THE SHORTEST WAY TO A RICH LIFE

The Dollar is Doomed... Again

Matt Benjamin, Senior Markets Expert, The Oxford Club

Every couple of months I run into someone who tells me the dollar is doomed.

Doomed!

At least the latest version of this theory was a bit more interesting than the usual ones that pop up every year or so.

At a dinner party this summer, one guest was breathless about reports that Saudi Arabia was ending its "petrodollar pact" with the United States. That is, the Kingdom was about to stop selling its oil in U.S. dollars, and this would inevitably sink the greenback once and for all - and take the U.S. empire down with it.

He wasn't the only one to believe this.

If you check Google Trends, you'll see that searches for the word "petrodollar" spiked in mid-June. Somebody - Russian bots, conspiracy theorists, gold bugs, it's not clear exactly who - was spreading this earth-shaking revelation about the dollar.

There were just a few problems with this news...

Discover Them Right Here

BUILD AND PROTECT YOUR WEALTH

SPONSORED

Former Wall Street Insider Calls This His Biggest Gold Play Yet

Karim Rahemtulla, the trader behind a 400% gain in 24-months on Rolls-Royce, has uncovered another potential multi-bagger. This under-$20 stock gives you exposure to over 1 oz of gold with the lowest production costs in the industry. And an upcoming announcement could send this stock soaring.

Get Karim's urgent briefing — click here now.

You are receiving this email because you subscribed to Liberty Through Wealth.
Liberty Through Wealth is published by The Oxford Club.
Questions? Check out our FAQs. Trying to reach us? Contact us here.

Please do not reply to this email as it goes to an unmonitored inbox.

Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation.

Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.

Wednesday, October 23, 2024