Roy’s Blog: “Nuclear Option”

Revelation 6:5-6 (NASB) “When He broke the third seal, I heard the third living creature saying, “Come.” I looked and behold, a black horse; and he who sat on it had a pair of scales in his hand. And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not damage the oil and the wine.”

In 1974, Washington and Riyad, Saudi Arabia, struck a deal by which Saudi Arabia could buy United States treasury bills before they were auctioned. In return, Saudi Arabia would sell its oil in U.S. dollars. This not only enlarged the currency’s liquidity (strength and value) but they used those dollars to buy U.S. debt and products. (This is part of the 32 trillion dollars of debt the United States has built up and is still adding to.

Saudi Arabia has discussed selling oil in currencies other than the dollar, floating the proposal within OPEC if the U.S. passes anti-OPEC legislation. The Biden administration has driven even more of a wedge between OPEC and the U.S. during the rise of nuclear development deals with Iran.

If Saudi Arabia (and OPEC) continue with this deal it will chip away at the United States’ influence over global trade and the international financial system. It is a “nuclear option” that will lessen the influence the dollar has on markets, and effectively crash the American economy (taking us out of the prophetic picture).

Today, it was announced that, yes, Saudi Arabia is “open” to trade in “Energy Fields” in a currency other than the dollar…and here we go…

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