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| SPONSORED MESSAGE The following message is from our sponsor, Lear Capital. Views expressed here do not necessarily reflect those of Glenn Beck or Mercury Radio Arts, Inc. IT’S BEEN 50 YEARS – IS THE DOLLAR’S TIME UP? Were you around when gas prices spiked in the 1970s? I was. I recall one day after school heading to the parking lot and everyone was talking about the spike in gas prices. Gas had been around 36 cents a gallon and then the price suddenly spiked to about $1. We were told there was an oil shortage, hence the famous long lines at gas stations. That was 50 years ago and last I checked there is no oil shortage now. That kind of proves the gas shortage story wasn’t exactly true. So, what did happen? You might know the story. In 1971, President Nixon took us off the gold standard. Prior to this, the dollar was backed by gold. Nixon cut ties between the dollar and gold because he realized foreign interests had begun to hoard gold-backed dollars. Why? Because on the world stage it was cheaper to buy our gold-backed dollars than it was to buy gold. Without gold backing, the dollar started to lose value. Hence, the spike in gasoline prices. Something had to be done. Enter Henry Kissinger. He made a deal with the Saudis to provide them military protection in exchange for agreeing to accept only U.S. dollars for their oil. In 1974 the Petro-dollar was born. ▻ Protect your savings. Get your FREE $3,200 Gold and De-Dollarization reports from Lear Capital – the gold company Glenn Beck trusts or CALL 1-800-920-8371 The deal between the U.S. and the Saudis was a 50-year contract. That contract has now expired, and the Saudis did not renew. The expiration of this contract is tantamount to Nixon pulling us off the gold standard. It took a short while for the dollar’s new weakness to fully manifest in the form of higher gas prices. But it did. It’s happening again and the world knows it. Only this time it is the Saudis who cut the dollar’s tie to oil. Now, in response, Central Banks of the world are dumping their dollars and buying record amounts of gold. They are de-dollarizing. As recently as October 2023, gold traded near $1,800 an ounce. In 2024, it has traded as high as $2,425 an ounce. Throughout history, every reserve currency has failed. So is the dollar the next to fail? It's fair to expect the dollar to begin losing value as countries’ efforts to de-dollarize accelerate. Had Kissinger not stepped in 50 years ago to make a deal with the Saudis, the dollar was headed toward destruction. Back then it was the spike in gas prices that sparked concern. It’s fair now to say the same could happen again. Watch oil. DO YOUR HOMEWORK and DON’T GET DE-DOLLARIZED! ▻ Claim your FREE De-Dollarization Report, $3,200 Gold Report & Gold Investment Kit or CALL 1-800-920-8371 RECORD HIGH GOLD AHEAD Something else happened when Nixon took us off the gold standard. Gold prices skyrocketed. In 1971, the gold price averaged about $42 an ounce. By January 1980, the price rose to nearly $850 an ounce. That’s a 20X increase. Note: This tremendous rise in the gold price occurred despite the new deal with the Saudis to back the dollar with oil. The question now is, “what will save the dollar this time?” Last time the gold-backed dollar turned into the petrodollar. Is our dollar about to turn into something else again? There’s a lot of talk right now about the “Great Currency Reset.” This refers to a conversion of our money into a digital form called the Central Bank Digital Currency. You will start hearing more about this in the weeks and months ahead. There will be no more cash transactions, (cash transactions are already going away) only electronic payments for all goods and services. This raises many questions. The world is de-dollarizing and global gold demand is skyrocketing. So how do you protect and grow your savings and retirement in the face of these historic events? Find out by getting the $3,200 Gold and De-Dollarization reports. ▻ SPECIAL OFFER FOR GLENN BECK FANS: If you decide to do business with Lear, mention Glenn Beck and get $250 immediately added to your new account to help you get started. Call 1-800-920-8371 or CLICK HERE Sources:
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