It's the end of the world as we know it.

I highly recommend watching the above video, apart from being an absolute babe as we say (us men) she is very knowledgeable about investments including crypto and exchanges. Plus she does the odd video here and there in a bikini, hey come on I still have a pulse you know. (There goes another follower 😀)

I digress - time to be serious.

There are a few ways the dollar is doomed as we know it, one is if Putin pulls off selling his gas and oil in rubles and other currencies, the other is if he gold backs said ruble with gold.
There have been many online articles that he has but after extensive research and speaking to a Russian it turns out all he has done is cap the price 20% below the market value of gold and started buying gold again from banks.
So no, the ruble is not gold backed, for now.
Another way the dollar is doomed is in the video above, if you have no time to watch it or no interest in videos, this article explains it and saves me some time which is precious to me.

Note I have tried to find a trusted source that people will look at but not a MSM one. https://finance.yahoo.com/news/saudi-arabia-mulls-pricing-china-141237347.html

If as expected Saudi Arabia do or have made an agreement with China to sell oil outside of the petrodollar, that will be the end of it.

There IS a financial war happening as I type, East V west.
There are other ways to crash the dollar, and that one is even more simple than having to sign agreements and attend meetings to do it - and that is countries selling their $ reserves, dumping them onto the open market, as no country needs to ask permission to do so.

If you do have dollars there is a tax loop apparently where you can move it to a gold backed IRA I found a link for you here https://ussanews.com/2022/03/30/saudi-arabia-may-have-just-triggered-armageddon-for-the-u-s-dollar/

You can thank me later.

I have been noting inflation in different countries and would estimate governments are cheating with the way they measure it, take a small segment from the above article below.

"Wolf Richter reported on yet another sign of increasing weakness for the U.S. dollar, writing: “In February, the purchasing power of $100 in January 2000 dropped to a new record low of $59.46.”

Unfortunately even we have some dollars in an account in Warsaw and no time to go there to cash it out at the moment, I did not open the account my wife did, but hey, nobody is perfect.
Since she opened that account she/we have lost a lot of purchasing power from them dollars and earned next to no interest.
As some of you know I moved into gold in 2014 and since then it has only gone 1 way, up.
Even though gold and silver is manipulated down twice a day, see photos below, it has still out performed any paper money.

We can clearly see the manipulation from that chart, both gold and silver priced down at the same time twice a day, every day.

I use this site to track both as I invested a chunk of change into physical silver.

https://www.goldprice.org/

My gold investment is up roughly 65% ish.

Silver I moved into only last year and that is up only 1.8% as I type. But that is still better than negative interest banking or paying to bank via charges.
And I get to see it, feel it and know where it is.

If I was you and dollars was your only holding, I would certainly diversify and soon, this is financial advice.
There are many ways to protect the money you have worked for/earned and many ways to make it earn interest not lose purchasing power.

I hope this helps some of you diversify away from cash.

Have a superb day ahead.

EDIT = https://nypost.com/2022/03/31/putin-russia-ending-gas-exports-if-payments-not-made-in-rubles/

That is stage 1 complete, oh dear. Going to Warsaw tomorrow by the looks of it.