We've stated that TVC:DXY has been in danger for over 2 years. (Not here but on Twitter)
The real purchasing power of US #Dollar has vaporized and has lost over 95% of its original value!
The current system is on pace for a reset. Whether this is by design or not is irrelevant. There are trillions of dollars in derivatives, almost half was "compressed" recently to hide it, & debt. It's like tiny hole in a dam. - The Petro #Dollar could be on its last legs as Saudi Arabia wants to be a part of #BRICS.
This alliance is gaining momentum. They are forming allies & many more want to join.
Not only is #currency at play here but their dominance of the #energy market, which is critical, seems to be their endeavor, .