Pretty good assessment. They say the usd is not backed by anything since the loss of the gold standard in the 70's
But it is backed by confidence America can serve the debt, in the event the world loses this confidence would be a death blow.
The Petro dollar may also be on the way out with many nations exchanging oil in the ruble and others.
If the American government gets found out blowing up the gas pipeline I forsee massive backlash.
European nation's would fix the damage and possibly refuse to use the petro dollar??
Pretty good assessment. They say the usd is not backed by...
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $456.1M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $490.1K | 2.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 460127 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 52379 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
19.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.5¢ | 18.5¢ | 1559050 | ||
| Last updated 15.58pm 17/05/2024 ? | |||||
| PDI (ASX) Chart |