Today marks the end of the petrodollar. There is a media blackout on the topic. "Saudi Arabia is not renewing the 50-year Petrodollar agreement with the US & it expires on June 9, 2024.

"For those who don't know,

The petrodollar was established in 1974, three years after the U.S. abandoned the gold standard.

Under the Petrodollar Agreement, Saudi Arabia agreed to sell oil exclusively in U.S. dollars in exchange for U.S. military, security, and economic development assistance.

Now you know why Gold is moving." @vandell33 (on X)