'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