'This is HUGE!' Saudi Arabia to DROP 'weaponised' Dollar as 'final nail in the coffin' for America

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  • เผยแพร่เมื่อ 21 ก.ค. 2024
  • Andy Schechtman says there are major implications for the West should Saudi Arabia bring an end to the 'petrodollar'.
    #politics #news #saudiarabia #petrodollar #economy
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ความคิดเห็น • 1.1K

  • @davidlee9493
    @davidlee9493 22 วันที่ผ่านมา +204

    The U.S. will never learn, and the rest of the world has had enough.

    • @AdmiringSolarSystem-wo1ss
      @AdmiringSolarSystem-wo1ss 21 วันที่ผ่านมา +5

      Bang on 🎉

    • @tuvoca825
      @tuvoca825 21 วันที่ผ่านมา

      It would just start a jumble of conflicts and power grabs. This sounds like.propaganda. interesting speculation. But... not yet. The dollar isn't dead yet.

    • @parnamsaini4751
      @parnamsaini4751 21 วันที่ผ่านมา

      Davidtwidleedee..😂

    • @Savetheworldfirebidennow
      @Savetheworldfirebidennow 21 วันที่ผ่านมา

      Americans despise Joe Biden and the filth running our country. So don’t lump us all in with that crowd

    • @tuckerbugeater
      @tuckerbugeater 21 วันที่ผ่านมา +3

      @@AdmiringSolarSystem-wo1ss you're connected to the eurodollar lol. over for all of ya.

  • @richardpickering2452
    @richardpickering2452 22 วันที่ผ่านมา +202

    Andy Schechtman on UK national TV... awesome.

    • @fenixfp40
      @fenixfp40 22 วันที่ผ่านมา +7

      Yes, May it continue. Alasdair Macloud would be a good guest.

    • @jonathonmanxrusby7762
      @jonathonmanxrusby7762 22 วันที่ผ่านมา +1

      1] It's just another internet TV channel, not 'proper' television, a nice alternative though.
      2] Countries still price oil, gold, silver, and pretty much everything in USD, so the settlement is a side issue as apart from Gold, still no viable USD alternative.

    • @ricardosmythe2548
      @ricardosmythe2548 22 วันที่ผ่านมา +3

      Hardly. Only a tiny proportion of people in the UK watch gb news it won't hit the mainstream until its to late

    • @oskadavid2964
      @oskadavid2964 22 วันที่ผ่านมา +7

      DITCH THE GENO SIDE DOLLAR

    • @DarrenSmith-tq2xz
      @DarrenSmith-tq2xz 21 วันที่ผ่านมา +8

      I was shocked to see Andy on any media channel in the UK I watch him on the Libity and finance chanel and other youtube channels he's a Legend

  • @cyberlizardcouk
    @cyberlizardcouk 22 วันที่ผ่านมา +146

    American foreign policy has caused more harm than we give it credit for.

    • @alexnelson9512
      @alexnelson9512 22 วันที่ผ่านมา +9

      *_The whole world has suffered, either directly or indirectly (thanks to the sheep of NATO) - apart from one country, of course!_*

    • @ssuwandi3240
      @ssuwandi3240 21 วันที่ผ่านมา +4

      You two are so confused because under Trump he once proposed to leave NATO😊

    • @ssuwandi3240
      @ssuwandi3240 21 วันที่ผ่านมา

      Let me tell you NATO is inter governmental project, like Globalist IMF, UN etc. The US Government does not control Globalists nor it's direction so bashing it to Americans or dollar sounds like ridiculous hearsay. A certain Group in the US could be but darn just check out the approval rate for Biden

    • @alexnelson9512
      @alexnelson9512 21 วันที่ผ่านมา +2

      @@ssuwandi3240
      _Proposing and having it actually occur are a universe apart._

    • @ssuwandi3240
      @ssuwandi3240 21 วันที่ผ่านมา

      @@alexnelson9512 still confused trainwreck...

  • @lisajo-annmawdsley3322
    @lisajo-annmawdsley3322 22 วันที่ผ่านมา +152

    Wait until the people find out how poor the UK will be after the world goes back to gold as Gordon Brown sold it all .

    • @alexnelson9512
      @alexnelson9512 22 วันที่ผ่านมา +4

      No, not all of it. Have you any idea why he did it at all though?

    • @GuzzarAwan
      @GuzzarAwan 22 วันที่ผ่านมา

      UK is already a relic of old empire . Brits doesn't feel it due to charade created and sustained by US . As chinks in that charade have emerged so ppl r feeling the reality

    • @wjf0ne
      @wjf0ne 22 วันที่ผ่านมา +2

      @@alexnelson9512
      At the time gold was to be a common resource of the EU, he wanted to make a few bob rather than have it held to back the Euro when we joined it.

    • @newblackdog7827
      @newblackdog7827 22 วันที่ผ่านมา +11

      Not only sold it-sold it for 40% of its real value! 😡

    • @alexnelson9512
      @alexnelson9512 22 วันที่ผ่านมา +1

      @@wjf0ne
      _Okay, I see - so there was a logic to it after all._

  • @jonathanchalk2507
    @jonathanchalk2507 22 วันที่ผ่านมา +142

    In the space of 50 years, America has gone from a rich country to a country in big debt. It has been involved in so many wars, most of which it lost.

    • @GuzzarAwan
      @GuzzarAwan 22 วันที่ผ่านมา +15

      Who benifitted in all of it ...
      U know who🙄 those families who r running the world since 500 years

    • @davidbillyard6629
      @davidbillyard6629 22 วันที่ผ่านมา +3

      @@GuzzarAwanAbsolutely.

    • @john_cockpit
      @john_cockpit 22 วันที่ผ่านมา +7

      In ALL! wars.
      There hasn't be any war of which America was not involved in. DIRECTLY or indirectly(like now in both wars)

    • @elyon9329
      @elyon9329 22 วันที่ผ่านมา

      It’s a WAR COMPANY for the Pope’s conquest.
      And the World will not trade with the insolvent, bankrupt, and dissolved UNITED STATES CORPORATION COMPANY.
      Everyone is playing rich!

    • @chriswong9158
      @chriswong9158 22 วันที่ผ่านมา +5

      "most"... try ALL !!! Name one US Proxy conflict war that came out USA favor.

  • @wutang6020
    @wutang6020 22 วันที่ผ่านมา +198

    lol NATO and Biden brought china and Russia together! What a fantastic move🙄 let’s go Brandon lol we are well and truly done for

    • @user-zb7cf3zx1e
      @user-zb7cf3zx1e 22 วันที่ผ่านมา +5

      Love it 😅😅👏👏

    • @Silvermachine7
      @Silvermachine7 22 วันที่ผ่านมา

      Biden, the most dangerous person on the planet.

    • @K-NectingDots
      @K-NectingDots 22 วันที่ผ่านมา

      Yes, but you are still on level above the deeper truth and it is more terrifying. Do you not think that Putin and CCP/China are not in on it? In other words, the likes of the families that own the central banks including the federal reserve here where I am in the states, i.e, the Rothschilds, Rockefellers and others, this is their plan. Don't you see who is getting squashed? It is not the elites of any side; it is the people and worst yet, they are having the serfs unalive the other others...others because they have mastered divide and conquer strategies. It is a multilevel layer of deception here. I have seen videos of all of the leaders, both east and west partying together and we lap it up every single time and that is why they have acheived such great goals as in what happened during the last few years, (forcing experimental and delibarate poison in most of the world); don't you see it? We all should see it by now but just when we think that we have woken up to the reality; we stop and think we've arrived at enlightenment regarding the elite parasites. NO, we need to look deeper; this is a global thing. A global elite versus a global people; humanity in its entirety is what they seek to control, enslave and surveil from "under the skin" per the psychopath Harrari, adviser to the global eugenicist/N@zi Schwab. Why can't we see it collectively? Nothing else will do. For example; Trump is in on this whole thing in the US, Yes, you heard me right. Both him and Biden, both sides are owned by Israel. That is not to say that both paths are the same exactly; one side calls it 15 minute cities and the other side calls it "freedom cities". See it? WAKE UP PEOPLE. One path, half of the world will hate and the other side will love; but the end for both is enslavement; most will be oblivious to the trap that they are in. They may even enjoy their slavery as the state is nanny. That is why the young folks are being indoctrinized, transhumanism requires it. Wake uP!

    • @Sydopath
      @Sydopath 22 วันที่ผ่านมา +6

      So long as you ate well Look after that belly 👍

    • @dannymack9636
      @dannymack9636 22 วันที่ผ่านมา

      All done on purpose too. American traitors if you ask me.

  • @steviegwhizz345
    @steviegwhizz345 22 วันที่ผ่านมา +137

    Saddam Hussain stopped trading oil in USD in favour of the EURO, Gaddaffi wanted to stop trading oil in USD in favour of a gold backed African Dinah...

    • @misplaced7858
      @misplaced7858 22 วันที่ผ่านมา +23

      Is that why they were hit?

    • @jambossaan1874
      @jambossaan1874 22 วันที่ผ่านมา +15

      We know how that story always ends

    • @johnbhoy007
      @johnbhoy007 22 วันที่ผ่านมา +3

      So now Saudi thinks it’s the boss. Take their protection and your military out and watch them cry please don’t leave

    • @steviegwhizz345
      @steviegwhizz345 22 วันที่ผ่านมา +14

      @@johnbhoy007 it's not just Saudi it's all of the BRICS nations, this has been in the planning since 2008. Global reserve currencies have an 80-110 year life cycle and the USDs role as global reserve is over, USD will remain in the US. There will be a neutral bridge currency tied to no nation. An SDR pot of global currencies.

    • @boota1979
      @boota1979 22 วันที่ผ่านมา +10

      @steviegwhizz345 Adolf, JFK, and like you say Gaddafi and Saddam. Then there's Venezuela who have the largest proven oil reserves in the world and they want out of trading in the US dollar.

  • @stevematijas3524
    @stevematijas3524 22 วันที่ผ่านมา +105

    Been watching andy for years and he has been spot on all the way through

    • @alfhucker462
      @alfhucker462 22 วันที่ผ่านมา +4

      Me also..! Andy is absolutely bang on the money.! Or should I say.... Gold an silver!!

    • @hubreydavid7864
      @hubreydavid7864 22 วันที่ผ่านมา

      That's why Iraq and Libya have been flatten to steal all the gold in their country's. America with the thieving hand 😅😅😅

    • @oskadavid2964
      @oskadavid2964 22 วันที่ผ่านมา +3

      DITCH THE GENO SIDE DOLLAR

    • @ssuwandi3240
      @ssuwandi3240 22 วันที่ผ่านมา

      He's not though, he primarily followed the pundit's hearsays. The dollar currency isn't being debated because the currency isn't the base price of oil. What it is actually the Treasury Bills. The billions Treasury that China purchased for decades and then one day they dropped billions in one shot so nobody will be able to tell them not supplying Russia military
      If you brokered that instrument i doubt you would agree with China's practices either, the same way last year China cut off all communication before XiJinPing decided to visit to the US in Sept. China often said one thing but then did many different things like Huawei secrets_affair that got caught. Shocking borderline highly dangerous partner

    • @syedhuda9957
      @syedhuda9957 21 วันที่ผ่านมา +1

      The "SPIN OFF BENEFITS" of Petro-Dollar, far out weighed the typical M1 or Quantity of Money Supply by so many foods that it was just a matter of time that it had crash - for lack of better example it can be said that, visualizing an individual weighing say 150 lbs or 68 kg with the head alone weighing 100 lbs or 45.5 kg , thus making it impossible for the rest of the body to support such a huge weight

  • @burtingtune
    @burtingtune 22 วันที่ผ่านมา +38

    Amazing how something that will effect everybody in the world is virtually a hidden story.

    • @tokotong2455
      @tokotong2455 12 วันที่ผ่านมา +1

      It is only hidden to the ignorant

  • @robwindridge7804
    @robwindridge7804 22 วันที่ผ่านมา +36

    Neil , it feels like yiu are the only journalist that in the media that brings the really important news stories to the public . Thank you

  • @fullofhope2222
    @fullofhope2222 22 วันที่ผ่านมา +71

    💥💥💥 ANDY SCHECHTMAN - WOW NEIL - YOU REALLY KNOCKED IT OUT OF PARK - Andy is brilliant - I have following him for 8 years - He is FANTASTIC 💥💥💥 (N. Ireland)

    • @jimmulvenna4923
      @jimmulvenna4923 22 วันที่ผ่านมา +2

      Me too, fantastic insights into geopolitical events. (Glens of Antrim)

    • @oskadavid2964
      @oskadavid2964 22 วันที่ผ่านมา

      DITCH THE GENO SIDE DOLLAR

    • @fullofhope2222
      @fullofhope2222 22 วันที่ผ่านมา

      @@jimmulvenna4923 uck how ya doing ?

    • @DarrenSmith-tq2xz
      @DarrenSmith-tq2xz 21 วันที่ผ่านมา

      Fullofhope how are you doing can't wait to see Andy on Libity and finance next week in the live stream see you there have a great weekend ahead

    • @fullofhope2222
      @fullofhope2222 21 วันที่ผ่านมา

      @@DarrenSmith-tq2xz cu there

  • @PhilipWong55
    @PhilipWong55 22 วันที่ผ่านมา +20

    The Belt and Road Initiative is essentially the United Nations without the G7. All countries are invited to join the BRI, but the G7 and their allies refused to participate because raising the standard of living for poorer countries is not in their interest. While the G7 accounts for 10% of the world population, it constitutes 60% of the global budget deficit. Western governments are isolating themselves from the majority.

    • @LD-vn3zu
      @LD-vn3zu 8 วันที่ผ่านมา

      No actually they refused to participate because the CCP is run by a dictator who is committing genocidd against the Uighurs and the Falon Gong

  • @markespinoso5055
    @markespinoso5055 22 วันที่ผ่านมา +33

    What a great education! I've been listening to Mr Schectman for 2 years. Highly knowledgable and honest.

  • @truthteller1203
    @truthteller1203 22 วันที่ผ่านมา +106

    This is the start of the new Quantum financial system wake up people

    • @oldshiny3012
      @oldshiny3012 22 วันที่ผ่านมา +4

      too old to care lol

    • @danielcuddihy4273
      @danielcuddihy4273 22 วันที่ผ่านมา +1

      Mr Schwartz

    • @villhelm
      @villhelm 22 วันที่ผ่านมา

      No, that’s just a massive psy op. This is the start of CBDC’s and poverty for the west.

    • @winstonskafte5505
      @winstonskafte5505 22 วันที่ผ่านมา

      No one pays attention to the BIS its crazy .

    • @TheNames-4D
      @TheNames-4D 22 วันที่ผ่านมา

      Nutcase

  • @truthteller1203
    @truthteller1203 22 วันที่ผ่านมา +63

    Gold backed currency research who has been buying up all the gold

    • @Paul-rp7uh
      @Paul-rp7uh 22 วันที่ผ่านมา +12

      China and Russia predominantly...👍

    • @Silvermachine7
      @Silvermachine7 22 วันที่ผ่านมา +4

      I've bought some to help protect myself for when the banks collapse.

    • @greatscott369
      @greatscott369 22 วันที่ผ่านมา +7

      Gordon brown sold it off for promissory notes

    • @Silvermachine7
      @Silvermachine7 22 วันที่ผ่านมา

      ​@@greatscott369 For abought $250 an ounce if I remember correctly. Now worth $2330 an ounce. They just made the pillock a Sir!

    • @GuzzarAwan
      @GuzzarAwan 22 วันที่ผ่านมา +4

      Not only gold backed. But commodity backed. Means gold silver foodgrains minerals etc ...Unit will be backed by every commodity which had demand in the world

  • @uradragon
    @uradragon 22 วันที่ผ่านมา +36

    Seems that America has shat in it's own messkit and now has to deal with it. Arrogance eventually dissipates leaving it's own nightmares.

  • @bobpearson896
    @bobpearson896 22 วันที่ผ่านมา +29

    Neil I'm with you, why don't the media talk about the demise of the dollar, and the effect it will have on the west

    • @knockschool
      @knockschool 22 วันที่ผ่านมา +1

      Look who the biggest shareholders are in the media and nearly every big company blackrock, vanguard and state street, all US hedge funds. ?

    • @daisyd2392
      @daisyd2392 22 วันที่ผ่านมา

      It does involve trading legalities. But they wan't to protect the stock market. The swing in markets it cause will be catastrophic and result in a global recession. They think they can prolong it.
      All the global resources they are fighting over are used in military & tech. These two sectors are far more important in retaining power and wealth, than that of humanity. Invest in whatever BRICS are, wherever you legally can.

  • @toxicsausage302
    @toxicsausage302 22 วันที่ผ่านมา +151

    Vote Reform!!

    • @pessi6185
      @pessi6185 22 วันที่ผ่านมา

      How is Reform going to change what is going on in the world???
      Reform are as subservient to the Americans as Labour and Conservatives.
      You are going down with the sinking ship 😂

    • @pessi6185
      @pessi6185 22 วันที่ผ่านมา +9

      Why??? They are American 🐩 too.
      😂😂😂

    • @cordoroy9515
      @cordoroy9515 22 วันที่ผ่านมา

      ​@pessi6185 its a bot account. Most of the vote reforms are. They never reply to anyone after their initial post.

    • @vickyshah3787
      @vickyshah3787 22 วันที่ผ่านมา

      with a moron leader like farage,, no thanks

    • @Arwar555
      @Arwar555 22 วันที่ผ่านมา +2

      Very clever...voting Reforms really going to help isn't it? Your throwing petrol on fire there. But then again you're most probably one of the geniuses who voted Brexit

  • @jbgant8513
    @jbgant8513 22 วันที่ผ่านมา +31

    Andy knows what he's talking about. He's been studying this for years.

    • @jgarbo3541
      @jgarbo3541 10 วันที่ผ่านมา

      Wrong...

    • @lolbro1
      @lolbro1 3 ชั่วโมงที่ผ่านมา

      This aged well 😂

  • @eugene-hungaroserv1559
    @eugene-hungaroserv1559 10 วันที่ผ่านมา +6

    The USA is Crumbling, but they won't go without a fight. It might be the last fight for Humanity !!!!

  • @Lorraine-se8rt
    @Lorraine-se8rt 22 วันที่ผ่านมา +20

    We are seeing what's going on, thanks to people like you guys!!!!

    • @fullofhope2222
      @fullofhope2222 22 วันที่ผ่านมา

      Andy Schechtman is on Liberty & Finance every Wednesday 2am (UK time)

  • @petereddcliff3244
    @petereddcliff3244 22 วันที่ผ่านมา +62

    Andy Schechtman, he's so knowledgeable but no conspiracy theorist, he's got his fingers on the pulse of worldwide events

    • @mike-jc4wm
      @mike-jc4wm 22 วันที่ผ่านมา +1

      🤣🤣🤣

    • @ssuwandi3240
      @ssuwandi3240 22 วันที่ผ่านมา

      Totally agreed with the prior comment. SA also arranged a currency swap to Yuan to ensure stability, essentially an additional cost for diverging from the dollar. My source added the BRICS unit (of money) will be back by gold, China bonds and Russia bonds, whereas they don't have enough golds and have been buying it from metal exchanges, only two places either London or Chicago. And if you have knowledge about China bonds, I doubt anyone will try to dive in now, esp after the Evergrande default then collapse. Few substantial things that he seems to have skipped

    • @oskadavid2964
      @oskadavid2964 22 วันที่ผ่านมา

      DITCH THE GENO SIDE DOLLAR

    • @ssuwandi3240
      @ssuwandi3240 22 วันที่ผ่านมา

      @@oskadavid2964 That's WEF members CEOs just like Globalists NATO. The US can leave NATO, you just have no idea which one is which. You lumped up the state instead of the DARKGROUP, they exist even in China

    • @seanphillips6565
      @seanphillips6565 21 วันที่ผ่านมา

      No conspiracy theorist 😂😂😂 Hilarious how most don’t know that term is borne by the CIA. And being a ‘conspiracy theorist’ is simply somebody who is prepared to step outside of the sheep 🐑 and do their own research, thus finding the truth. Which is exactly what he does. So he is a conspiracy theorist. Yes.

  • @jackdarren9210
    @jackdarren9210 22 วันที่ผ่านมา +44

    Can't blame them.

  • @paulatkins-rf7pm
    @paulatkins-rf7pm 21 วันที่ผ่านมา +9

    I have been listening to Andy Schectman for years. He is one of the greatest economic speakers in the world. A genius!

  • @DarrenSmith-tq2xz
    @DarrenSmith-tq2xz 22 วันที่ผ่านมา +16

    What a legend Andy shackman GB news finally brings on a real guest

  • @davidvasquez4123
    @davidvasquez4123 22 วันที่ผ่านมา +15

    OVER 60 Country moving away from the USA 🇺🇸 Dollar no more US Dollars not as strong as it used to.

    • @GuzzarAwan
      @GuzzarAwan 22 วันที่ผ่านมา +3

      34 trillion debt

    • @ishaks8152
      @ishaks8152 21 วันที่ผ่านมา

      Stagflation.

  • @janetmalcolm3403
    @janetmalcolm3403 22 วันที่ผ่านมา +13

    Andy Schectman just got better and better. I learn something new from him every time he appears as a guest.

  • @pjdelucala
    @pjdelucala 22 วันที่ผ่านมา +17

    That agreement was never written into the original cooperation agreement between U.S. and Saudi Arabia. It is a non issue. What matters is BRICS and their movement away from the dollar.

    • @UtubeRwokeLefties
      @UtubeRwokeLefties 22 วันที่ผ่านมา

      BRICS, all loser rogue states. So don't see that working. That said happy to see Dollar not supported either.

    • @GuzzarAwan
      @GuzzarAwan 22 วันที่ผ่านมา

      It was in 1974 saudi US communique . But saudi leaving the Informal agreement bcoz the world itself has changed . Saudi find it better in BRICS. Also green tech push will reduce oil importance too

    • @tokotong2455
      @tokotong2455 12 วันที่ผ่านมา

      Of course it's an issue.Its called the Petrodollar for a reason.World trade in oil has been what has kept the amount of US dollars,and the the value of the dollar in the world trade market.It is the decoupling of Saudi Arabia from the dollar that has given other countries the confidence to do the same.In the past,they saw what happened to Saddam and Gadaffi when they tried to do the same.Saudi is a different entity and is able to succeed with the protection of China and Russia.They know if the US wants to invade them,they along with OPEC need only to turn the taps off,and the American war machine will be out of fuel in a month,and out of soldiers in 2

  • @jakt3942
    @jakt3942 22 วันที่ผ่านมา +10

    @5.05
    'half of the world views us as hypocritycal'
    i would say more like 85% as a very conservative estimate
    brilliant interview and a briliant guest

  • @georgedk1296
    @georgedk1296 22 วันที่ผ่านมา +52

    Brilliant summation of exactly what's going on. The end of the $ and America in general is not far away.

    • @tjbooker8585
      @tjbooker8585 22 วันที่ผ่านมา +11

      The West, not just America

    • @villhelm
      @villhelm 22 วันที่ผ่านมา

      The entire west holds trillions in US treasury bonds. When the dollar crashes, and it will, all of our economies are finished as our treasuries will implode.

    • @petergreenwood7731
      @petergreenwood7731 22 วันที่ผ่านมา

      Careful - Supply needs demand
      Can an impoverished western market be replaced so easily?
      I think BRICS+ see this and understands western buying power can not be replaced suddenly
      A gradual decrease in western standards will force them to cooperate, join in the new multi-polar world
      We see this as the west bypasses their own sanctions

    • @alexnelson9512
      @alexnelson9512 22 วันที่ผ่านมา

      Perhaps for the betterment of the whole world and will take away the grip of the American octopus and all of its manipulation and corruption.

    • @GuzzarAwan
      @GuzzarAwan 22 วันที่ผ่านมา

      US will not go down. Other nations of west will. Unless rejuvenated. All this war covid migrant misery and rise of right is created by globalist so that PPL I'm west soecially Europe can rise up and be prepared for competition

  • @jamesmccusker1433
    @jamesmccusker1433 22 วันที่ผ่านมา +24

    One of the few countries not invaded for their oil. WHY?

    • @vin00ify
      @vin00ify 22 วันที่ผ่านมา +20

      Because if the US invaded Saudi Arabia and occupied Mecca and Medina it would stir up so much anger from the Muslim world against the US that it would make Bin Laden and Al-Qaeda look like a small rabble of football hooligans.

    • @Jo-sp5cp
      @Jo-sp5cp 22 วันที่ผ่านมา

      American protection. Their oil backed the $ without any need for invasion. Literally a protection racket.

    • @jasa4176
      @jasa4176 22 วันที่ผ่านมา

      they are a nuclear power

    • @langraman8756
      @langraman8756 22 วันที่ผ่านมา +4

      because the rulers put there by US

    • @Jo-sp5cp
      @Jo-sp5cp 22 วันที่ผ่านมา +1

      My comment was removed.

  • @longshot8052
    @longshot8052 22 วันที่ผ่านมา +31

    we need to go back to gold backed

    • @PGHEngineer
      @PGHEngineer 22 วันที่ผ่านมา

      And have huge amounts of gold stored in vaults sitting idle? Going to dig deep in your pockets to pay for that gold?

    • @Rowlph8888
      @Rowlph8888 22 วันที่ผ่านมา

      @@PGHEngineer exactly, the future is digital.The Gold standard will not work in the 21st-century, due to the chaos of international shipping lanes, especially if Trump get elected and withdraws the US fleet to focus on the US Mexico future e.g. manufacturing, replacing China.
      the future is digital for certain, but there are so many other major crises on the horizon that I don't think it's predictable exactly how it's going to play out e.g.: many countries demographics will really start to show a decline in the nations within the next 10 years.The Anglosphere do not have the demographic problems of ALL the other current developed nations, except France.
      Added to this is the complete difference that winning a global war will make and also the probable nuclear fallout from that war, to add to the pollution and infestation of GM foods in everything we can shearing - these are scary times

    • @cameronnicholson1980
      @cameronnicholson1980 22 วันที่ผ่านมา

      China owns it all

    • @villhelm
      @villhelm 22 วันที่ผ่านมา +2

      Bitcoin is a FAR better option as the global base layer than Gold. It can’t be manipulated in the same way gold can and doesn’t require a trusted third party (the problem with gold) or a credit layer to function across borders in a digital age.

    • @liammorgans7329
      @liammorgans7329 22 วันที่ผ่านมา

      @@villhelmexcept if theres mass power outages from war, extreme weather, a solar flare that takes out the grid etc?
      Hows bitcoin gonna handle that

  • @glennhopkins2643
    @glennhopkins2643 9 วันที่ผ่านมา +6

    Globalism is to blame.

    • @yanan3681
      @yanan3681 2 วันที่ผ่านมา +1

      Yes, plus the fact the entire financial system is ancient and broken.

  • @user-sj4of7rq5l
    @user-sj4of7rq5l 22 วันที่ผ่านมา +22

    They keep saying that printing money is unattainable but they keep doing it?

    • @brianlowe3529
      @brianlowe3529 21 วันที่ผ่านมา

      But now no one wants Their printed dollars .

    • @tokotong2455
      @tokotong2455 12 วันที่ผ่านมา

      Because their people let them do it

    • @johnnagle7702
      @johnnagle7702 6 วันที่ผ่านมา

      But we get poorer and poorer

  • @arthurconan1899
    @arthurconan1899 22 วันที่ผ่านมา +31

    So Ian Fleming seen this in while writing Goldfinger.... I'm serious.. Fact is Stranger than Fiction... This is Amazing no one is talking about this.... Well done

  • @user-yt2vd9gz8y
    @user-yt2vd9gz8y 22 วันที่ผ่านมา +8

    Great guest Neil, dollar has been backed by oil since Nixon took us off the gold standard in '71

  • @danielrawlings8355
    @danielrawlings8355 22 วันที่ผ่านมา +5

    Each time you create a credit, you simultaneously create a debt, cancelling each other out.
    In absolute terms, money doesn't exist.

  • @AllodialTitle
    @AllodialTitle 22 วันที่ผ่านมา +12

    Love Andy Schectman. A great man.

  • @rrocket8204
    @rrocket8204 22 วันที่ผ่านมา +12

    Well done, GB News 👏

  • @tetraquark2402
    @tetraquark2402 22 วันที่ผ่านมา +11

    Didn't the Americans do something similar to the British with the Pound Stirling?

    • @aok1550
      @aok1550 22 วันที่ผ่านมา +7

      I think so. I think it was at the time of Suez Crisis in 1956. It humiliated the UK on the world stage & made it clear to the UK that the British Empire was over. I was born in the Far East that year and my parents were so concerned about being able to return to the UK through the canal.

    • @langraman8756
      @langraman8756 22 วันที่ผ่านมา

      that was George Soros

    • @tetraquark2402
      @tetraquark2402 22 วันที่ผ่านมา

      @@aok1550 The war bankrupted us and it was a stipulation for a loan from the yanks.

  • @420monkey
    @420monkey 22 วันที่ผ่านมา +7

    Give you your due tho...
    This is the first time I've seen this on MSM...
    👏👏👏

  • @simonhaynes3145
    @simonhaynes3145 22 วันที่ผ่านมา +9

    Andy is outstanding. He's hardly ever wrong

    • @lolbro1
      @lolbro1 3 ชั่วโมงที่ผ่านมา

      Just wrong on this occasion

  • @jgarbo3541
    @jgarbo3541 10 วันที่ผ่านมา +2

    No _official_ petrodollar, only gentleman's agreement. So KSA can drop it anytime...at their peril.

  • @Enl1thened1
    @Enl1thened1 22 วันที่ผ่านมา +5

    All I'm getting is adverts, everywhere, what is the point, I mean! Has anyone ever, I mean ever bought something that is advertised? Really!!!

  • @juliamiles6197
    @juliamiles6197 22 วันที่ผ่านมา +9

    Love Andy so good to see him on UK Tv

  • @willfree8230
    @willfree8230 22 วันที่ผ่านมา +10

    Our banking family is also playing the BRICKS as well as the USD.

    • @dodgerboe
      @dodgerboe 21 วันที่ผ่านมา

      The Roth of Childs are Pure Evil !

  • @tokomac7728
    @tokomac7728 21 วันที่ผ่านมา +4

    soon very soon people will be rushing to the banks but banks are not there….disappearing from high street means you can’t touch your money in bank which is not yours anyway

  • @notjoeking2
    @notjoeking2 22 วันที่ผ่านมา +7

    The deal has already been done. I can't believe Andy is on GB News!! You might as well get Menaco64 on for a history lesson or better yet Egon Von Greyers next.

  • @stirlingmoss4621
    @stirlingmoss4621 22 วันที่ผ่านมา +12

    Return to the gold standard !

  • @KS-gt9up
    @KS-gt9up 22 วันที่ผ่านมา +16

    October 22 2024 .Be ready for $ equivalent to toilet paper

    • @thediplomat3137
      @thediplomat3137 22 วันที่ผ่านมา +1

      What is happening on that date?

    • @absabs129
      @absabs129 21 วันที่ผ่านมา

      @@thediplomat3137 Brics summit ????

    • @dodgerboe
      @dodgerboe 21 วันที่ผ่านมา

      @@thediplomat3137Biden shits himself for the last time and all the wiping paper in the world won't stop it hitting the fan !

    • @thediplomat3137
      @thediplomat3137 21 วันที่ผ่านมา

      @@absabs129 got it, thanks

  • @theunfathomable1087
    @theunfathomable1087 22 วันที่ผ่านมา +6

    The writing was on the wall when another significant yet non reported event took place.
    The very week the Americans left Afghanistan, Saudi Arabia signed a military cooperation pact with Russia
    A serious red flag.

    • @earthstick
      @earthstick 21 วันที่ผ่านมา +1

      I knew already

  • @zaaqa9107
    @zaaqa9107 22 วันที่ผ่านมา +8

    The end!

  • @grietjehuggan
    @grietjehuggan 22 วันที่ผ่านมา +8

    GOOD, and Lets be a part of BRICS + Peace, Neutrality, Honesty, make friends not Wars. DUH!

  • @mortasm1
    @mortasm1 22 วันที่ผ่านมา +7

    Time to ditch savings and buy gold , otherwise your money will turn to dust

  • @DavidJohnson-yg8qm
    @DavidJohnson-yg8qm 11 วันที่ผ่านมา +2

    The people of the USA do not deserve this, the administration do. We all know what's going on now in the US and those who can stop it are going to.

  • @maryfountain4202
    @maryfountain4202 22 วันที่ผ่านมา +17

    Japan owns most US debt

    • @jsmythib
      @jsmythib 22 วันที่ผ่านมา +2

      World has owned most US inflation.

    • @PGHEngineer
      @PGHEngineer 22 วันที่ผ่านมา +5

      Closely followed by China, then the UK.

    • @RkicF8
      @RkicF8 22 วันที่ผ่านมา

      Japan just dumped 60 billion of US bonds, it's over for America.

    • @CJR434
      @CJR434 22 วันที่ผ่านมา +2

      And China

  • @RuneRelic
    @RuneRelic 22 วันที่ผ่านมา +3

    Which is one of the reasons why many countries are switching away from oil.
    No more extortion rackets.
    At least, not unless people are stupid enough to allow a monopoly to develop.

  • @alanserjeant4947
    @alanserjeant4947 22 วันที่ผ่านมา +4

    I learned more in the last 18:35 minutes than the last 30 years !!!

  • @rckc.1719
    @rckc.1719 21 วันที่ผ่านมา +4

    as a American if my country had taken those trillions of dollars that they used for wars and minded our business and built up our infrastructure and economy the world would so so different today.

    • @jasonlow8715
      @jasonlow8715 17 วันที่ผ่านมา

      All the monies paid for defence if used for American companies would have made USA untouchable economically today. Thank god your leaders likes to play policeman of the world while enriching the weapons industry and themselves. Karma will revisit USA soon.

    • @tokotong2455
      @tokotong2455 12 วันที่ผ่านมา

      The problem with Americans is they don't acknowledge things until it's too late because of a misguided interpretation of the word patriotism

  • @user-sj4of7rq5l
    @user-sj4of7rq5l 22 วันที่ผ่านมา +37

    Vote reform for real change.

    • @TheSaudiBoom
      @TheSaudiBoom 22 วันที่ผ่านมา

      Vote reform if you have no sense

  • @steviegwhizz345
    @steviegwhizz345 22 วันที่ผ่านมา +4

    Basel III has taken place, Bretton-Woods III has taken place. "...we're moving towards a new gold standard but in a digital kind of way..." - Judy Shelton. "...the train has left the station..." - Rosie Rios. If you can't see what is happening with the global economy you haven't been paying attention. It still amazes me how many people know nothing about how money is created. Wake up or register for your UBI.

  • @atommachine
    @atommachine 22 วันที่ผ่านมา +4

    Well done for covering this.

  • @douglasdeltondo7852
    @douglasdeltondo7852 22 วันที่ผ่านมา +5

    This happened days ago,,the 50 year deal expired 4 days ago

    • @fullofhope2222
      @fullofhope2222 22 วันที่ผ่านมา

      thought it was the 9th June

    • @douglasdeltondo7852
      @douglasdeltondo7852 21 วันที่ผ่านมา

      @@fullofhope2222 could be. The video talks as if it has not happened yet

  • @postscript5549
    @postscript5549 21 วันที่ผ่านมา +2

    I have followed information about both BRICS and the Petrodollar for a while now, but this interview provided much information that I did not know before. Thank you Andy Schectman.

  • @MrDead1975
    @MrDead1975 22 วันที่ผ่านมา +11

    i think Saudi need to read up on what happened to Gaddafi when he planned to ditch the dollar for a gold backed currency

    • @HonestAnalyst
      @HonestAnalyst 22 วันที่ผ่านมา +11

      They can’t do that now due to multipolar world. The world is shifting.

    • @ljt3084
      @ljt3084 18 วันที่ผ่านมา

      Saudi Arabia is protected by the sheer fact that if the US tried to topple SA leadership the western world would fall overnight with the disruption to global oil supply.
      Europe for one, a population of 550 million people would be standing in breadlines within 14 days.
      The oil crisis of the 1970's would be nothing in comparison to it happening today with our increased reliance on oil over the last 50 years.
      Every basic essential in the western world relies upon transportation infrastructure running continuously at maximum output.
      Oil prices affect every one of those essential product costs also. Hyperinflation would be a factor across Europe. Being the 3rd largest trade bloc on the planet, it would soon affect the globe.
      The US purchases 16% of Saudi oil to sell on to the EU.
      It could not make up that shortfall from its own US domestic oil production if it disrupted Saudi output.
      The disruption would likely cause other producers such as Russia to increase its prices to cash in on the global shortage further destroying the western economy.
      59% of Saudi sales are to China. I think China, a nuclear super power might have something to say to the US if it caused such a massive disruption in global oil supply just to change a regime in SA. We are talking a possible nuclear war.
      There are some lines the US cannot cross. This is one of them.

  • @andrewcavanagh93
    @andrewcavanagh93 22 วันที่ผ่านมา +3

    Wow.!!....just.... WOW.!!! 😬

  • @glennhopkins2643
    @glennhopkins2643 9 วันที่ผ่านมา +1

    The entire world is approaching oblivion.

  • @marcritchie4968
    @marcritchie4968 21 วันที่ผ่านมา +2

    It's about time Andy is on mainstream only about half a percent of the awake had even heard of him.

  • @julhar62
    @julhar62 22 วันที่ผ่านมา +4

    Great explanation - thank you!

  • @dayzkiller-wp2gy
    @dayzkiller-wp2gy 22 วันที่ผ่านมา +7

    vote reform

  • @jamesalec1321
    @jamesalec1321 22 วันที่ผ่านมา +2

    Andy has picked up a lot of Jim Willie's ideas and has carried on with that torch. Good for him. I listened to Jim way back around 2010 and he had been talking about the chinese deals worldwide and its implications even then, and it was so fascinating. Glad that Andy is carrying on.

  • @MB10-66
    @MB10-66 22 วันที่ผ่านมา +5

    Did this agreement not end the 9th of June???

  • @gomor100
    @gomor100 22 วันที่ผ่านมา +3

    Drop the dollar get zapped by the yanks!

  • @fenixfp40
    @fenixfp40 22 วันที่ผ่านมา +3

    Precious metals on main stream. About time

  • @darylcook7962
    @darylcook7962 22 วันที่ผ่านมา +4

    Why haven't you put this on your fb page!!! 🤔🤔

  • @greatscott369
    @greatscott369 22 วันที่ผ่านมา +4

    Gordon brown swapped a lot of our gold for some IOUs

  • @Wilkins_Micawber
    @Wilkins_Micawber 22 วันที่ผ่านมา +3

    I like Andy Schecman. He is a regular contributor to the You Tube channel, Liberty and Finance.

  • @JambalayaLagniappe
    @JambalayaLagniappe 22 วันที่ผ่านมา +2

    Wow, thank you for this information.

  • @user-xg5tb3gl4l
    @user-xg5tb3gl4l 21 วันที่ผ่านมา +1

    Neil - this is your most informative interview to date - please repeat 👍

  • @nettynoohawk200
    @nettynoohawk200 22 วันที่ผ่านมา +3

    Andy Schechman … What a treat.. Listen and learn folks. This is why you should hold sound money ie physical Gold and Silver.

    • @CliveSwabs
      @CliveSwabs 21 วันที่ผ่านมา

      Yup .i got on board with this 2 years ago .i only have 10oz but i reckon its gona skyrocket

  • @Paul-rp7uh
    @Paul-rp7uh 22 วันที่ผ่านมา +22

    As a Brit people find it very strange that I follow US politics more closely than British politics, but in my defense..I listened to every word Donald Trump said in regards to the outcome of Biden winning?? during the 2020 presidential debates,and as soon as it was declared Biden did win?? I started investing very heavily in Gold and Silver, now here I am, looking forward to the $ collapsing,so good luck all you people who think what I do is strange...

    • @garywilson7420
      @garywilson7420 22 วันที่ผ่านมา +3

      My savings are in Gold and Silver now and will FOREVER be from now on. Fiat or numbers on a screen do NOT cut it going forward. I can go and hold it in my hand THAT is the future.

    • @Paul-rp7uh
      @Paul-rp7uh 22 วันที่ผ่านมา +1

      @@garywilson7420 hope you were paying attention to the other great scam as well Gary,,and didn't get any...

    • @AllodialTitle
      @AllodialTitle 22 วันที่ผ่านมา +2

      Same.

    • @helengunter378
      @helengunter378 22 วันที่ผ่านมา +2

      Same here 🇬🇧🙏

    • @LeathervsLatex
      @LeathervsLatex 22 วันที่ผ่านมา +2

      I've bought food!

  • @TheGreatestBeyonder
    @TheGreatestBeyonder 21 วันที่ผ่านมา +1

    Two incredible free~thinkers on one show! Brilliant stuff!! 👍🏻

  • @MrMatloo
    @MrMatloo 22 วันที่ผ่านมา +2

    The USA must know that nothing Last forever

  • @kurt1391
    @kurt1391 22 วันที่ผ่านมา +13

    There are elements in this segment that are factually incorrect. In 1974, the Saudis needed protection, and they had too many dollars, so they agreed to take those dollars back to the US in investments in exchange for protection. Nothing constrained them from dealing in other currencies! In fact, they've always sold oil in a variety of currencies, and they still are reliant on US protection. The dollar is still dominant because there isn't a real alternative, and it's phenomenally difficult to uproot it. What will likely happen is irresponsible, profligate spending will trash the dollar and an alternative will emerge as the dollar fails, but we aren't quite there yet.

    • @jsmythib
      @jsmythib 22 วันที่ผ่านมา

      Just as a sidenote- The Saudis US treasury holdings were not reported, secret. oh ya, and 17 of the 21 hijackers, yada yada :)

    • @y2k42y2k42
      @y2k42y2k42 22 วันที่ผ่านมา +2

      😂😂😂

    • @SmartCookie2022
      @SmartCookie2022 22 วันที่ผ่านมา

      Rejoice... U.S. Imperialism is finally coming to an end. And not before too long as the U.S. has made a right ham-fisted attempt at being the global hegemony.

    • @PGHEngineer
      @PGHEngineer 22 วันที่ผ่านมา

      They'll just create more dollars to plug the gap, which is the equivalent of stealth tax. Outsiders will continue to buy heavily whilst the US economy continues to outperform the rest of the world. There is a reason why practically every UK pension fund is invested in the US.......

    • @robmcilroy2911
      @robmcilroy2911 22 วันที่ผ่านมา +2

      They needed protection in 74?
      From whom ,and why?

  • @user-ko3vb3di2t
    @user-ko3vb3di2t 22 วันที่ผ่านมา +4

    somewhat misleading....the Saudi and Americans are renegotiating ....the deal...

    • @malachiteofmethuselah9713
      @malachiteofmethuselah9713 22 วันที่ผ่านมา

      No they are not. If they were, there would not be a media push showing the involvement of Saudi Arabia in 9/11. Saudi Arabia has been a Roque state to the US ever since they murdered Jamal Kashoggi.

    • @tokotong2455
      @tokotong2455 12 วันที่ผ่านมา

      Saudis have already joined BRICS.Its over.

  • @peterbryant6156
    @peterbryant6156 22 วันที่ผ่านมา +1

    Has anyone actually checked to see if such an agreement ever existed. A cooperation agreement I understand exists but makes no reference to selling oil only priced in dollars.

    • @tokotong2455
      @tokotong2455 12 วันที่ผ่านมา

      They don't put the extortion part on paper,so the public,like yourself don't know about it

  • @philjohnson3829
    @philjohnson3829 21 วันที่ผ่านมา

    I don't think this will happen - it was being talked about 35 years ago when I lived in Saudi and the 2 gulf wars soon put an end to the discussion

  • @sanusirifaie9458
    @sanusirifaie9458 22 วันที่ผ่านมา +7

    There was no Petro dollar agreement signed in the first place

    • @worldofsnakes1779
      @worldofsnakes1779 22 วันที่ผ่านมา +4

      You are absolutely right, but Saudi was exclusively selling oil in dollars hence the term petrol dollar. Now it will no longer sell exclusively in US dollars and will be using other currency that is why they are saying end of the petro dollar. They have been selling it in both yuan and rubles. 😊

    • @worldofsnakes1779
      @worldofsnakes1779 22 วันที่ผ่านมา +2

      I hope you understand

    • @dodgerboe
      @dodgerboe 21 วันที่ผ่านมา

      Ah but it was in FED Terms to the World Banks .... Deception is The and Always WAS the Game !

  • @woodyforest7308
    @woodyforest7308 22 วันที่ผ่านมา +17

    Digital currence incoming

    • @Jo-sp5cp
      @Jo-sp5cp 22 วันที่ผ่านมา +6

      Vote Reform.

    • @marialanchester8180
      @marialanchester8180 22 วันที่ผ่านมา +3

      That’s wear it’s heading 😮

    • @liammorgans7329
      @liammorgans7329 22 วันที่ผ่านมา +2

      Lets maybe push for a Gold backed digital currency

    • @yanan3681
      @yanan3681 2 วันที่ผ่านมา +2

      It's been getting rolled out since 2001

    • @Jo-sp5cp
      @Jo-sp5cp วันที่ผ่านมา

      @@yanan3681 there arr six countries I understand that are not going ahead with cbdc. With latest computer outages I don't like their chances of getting it rolled out anytime soon. Too many weaknesses in the systems.

  • @Pid75
    @Pid75 22 วันที่ผ่านมา +1

    Wow that’s amazing. Perhaps that’s why the rest of you tube has been discussing it for the past 2 weeks. Come on, keep up guys.

  • @user-zb9gi4wn7v
    @user-zb9gi4wn7v 22 วันที่ผ่านมา +1

    Steve Bannon has been talking of this on his show in the US for a good few years now, this guest has explained it even more. Great feature, thank you

  • @MaisyK
    @MaisyK 22 วันที่ผ่านมา +3

    it expired on 9th June.

  • @johnmacdonald2361
    @johnmacdonald2361 22 วันที่ผ่านมา +3

    Buy silver with paper ££££££

  • @pds002
    @pds002 22 วันที่ผ่านมา +1

    This is an excellent interview. When Andy Schechtman is in free-flow, it is difficult to interject. I'm delighted this information is gaining such a platform. The interviewer is listening in wide-eyed amazement and bringing this to the masses. If people start to understand and grasp what Schechtman is saying, many other pieces of the global jigsaw of events will also start to make sense and fall into place. We are watching a tectonic shift in the global power structures.
    Thank you Neil Oliver for all of your efforts and for being the great person you are.

  • @palmpalm5131
    @palmpalm5131 20 วันที่ผ่านมา

    How is it that people in the UK are just hearing about this now.

  • @dianasaigoldenage
    @dianasaigoldenage 22 วันที่ผ่านมา +5

    Andy on GBNews, Bravo! From Canada

  • @davidpalin1790
    @davidpalin1790 22 วันที่ผ่านมา +25

    The free lunch is over 😅😅😅😅

  • @TonyPeony
    @TonyPeony 20 วันที่ผ่านมา

    Thank you for inviting Andy to your program. Excellent interview

  • @markcallaghan620
    @markcallaghan620 10 วันที่ผ่านมา

    Andy is an outstanding source of economic information, as well as being a good man. Gem of an episode guys!

  • @marcussparticus8380
    @marcussparticus8380 22 วันที่ผ่านมา +3

    So they will have money and we will have fiat currency.

    • @nettynoohawk200
      @nettynoohawk200 22 วันที่ผ่านมา +1

      Hyperinflation will put pay to the fiat .. Hold
      it at your peril

    • @fullofhope2222
      @fullofhope2222 22 วันที่ผ่านมา

      but silver and gold - real money - currency is a useless derivative

    • @yanan3681
      @yanan3681 2 วันที่ผ่านมา

      Crypto is where you need to be

    • @marcussparticus8380
      @marcussparticus8380 2 วันที่ผ่านมา +1

      @yanan3681
      Crypto will rob you of your freedom.