'The market is never wrong' #8

'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

a kind reminder that higher oil prices benefit Russia and Ruble U.S. puts sanctions on Russia --> Oil price increases --> Ruble price increases This is driven by how Russia's National Wealth Fund (NWF) operates, plus the fact that both NWF and Russia's Central Bank have almost no exposure to USD