Some people think the dollar is backed by the government. And while that may appear to be true, the fact is that our currency is backed by something else entirely.
It’s a product the entire world uses … and it’s one of the top-selling products globally. That product is oil.
And in the latest Davidson Unplugged, James Dale Davidson gives us a history lesson about how the U.S. lost control of the largest oil reserves in the world … and why that matters.
We also discuss:
- Pointed questions James would ask of both Hillary Clinton and Donald Trump.
- The link between oil and middle-class prosperity.
- And why correcting this major problem is something no president could do.
To listen to this week’s call, click here.
If you’d rather read a written transcript, we’ll email one to you next week.
Finally, if you have any questions or comments you’d like us to address on a future call, just send an email to email@example.com.
Charles Del Valle
Editor, Strategic Investment