'The market is never wrong' #7

'The market is never wrong' A lot of big accounts posting about how the market knows everything & prices accordingly - even before the official news Okay. Now wait & watch crude oil & gold raise up even more in price very soon This isn't a joke

🛢️ crude oil price is heading back up - just like I wrote earlier significant geopolitical events introduce volatility - but my thesis on increasing oil, gold & other precious metals + commodities has little to do with that 👉 it's about global liquidity flows & bond markets

🚨🛢️ crude oil up to almost $70 and this while the US dollar index is also up over a month and a half ago I told you that it's going to resume the uptrend - and this thesis has been confirmed again and again wait & watch what comes next - I wrote about that as well 😁

🇷🇺 oil up is GOOD news for Russia & Ruble every surplus above $60/barrel of Urals oil increases FX reserves in NWF (Yuan or gold) - an interplay between MoF and CBR exporters pay taxes in Ruble - so higher buying pressure mark my words: 👉 you'll see USD/RUB exchange rate fall

🇺🇸🇷🇺 USD/RUB rate already fell to July 24th close, below 80 although it's also important to note that there are several factors at play - USD index is also down today despite oil down - gold is up. this is about the monetary policy of Russia and their balance sheet structure

if you've read my previous posts you know that gold is ≈36% of Russia's international reserves this is taken straight from the Bank of Russia's balance sheet statement 100% of it is stored in Russia, thus no counterparty risk critical component of Ruble's strength

5 days ago I wrote that USD/RUB rate will fall. 5 days later it's down ≈2% despite oil being down - gold is up Ruble has hedge from multiple sides

further deprecation of USD against Ruble now back to July 4th 2025 levels