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Tag Archives: Russia

Petrogold: Its why you should care about both Gold and the US dollar

Petrogold: Its why you should care about both Gold and the US dollar

America has had one heck of a leg up on other countries for many reasons. One of the biggest being the petrodollar. A petrodollar is a United States dollar earned by a country through the sale of its petroleum to another country. Since the 1970s the United States dollar has been the currency the world has used to trade oil all over the globe. With this obviously comes a great demand for… Read more