War on Iran could be ‘catalyst’ for erosion of US petrodollar, Deutsche Bank says

Apes would be wise to pay attention to the demise of the petrodollar, with the war on Iran accelerating the trend. The petrodollar has been the underpinning of the $USD as world reserve currency – but when the $USD loses that status, the resultant inflation will dwarf anything seen to date. Got silver? Got gold? Got life’s essentials?