Oil and Dollars Up, Everything Else Down
ROFL.
Your geopolitics is garbage mate.
Iran has destroyed the US empire.
The petrodollar is dead.
America has to leave the region now. It has been demilitarised (and denazified)
thanks for the feedback. but then why is dollar rallying?
Gold and DXY are inversely correlated now - it’s a consequence of dedollarisation.
Why is dollar rallying but treasuries selling off - thats the real question. I don’t have an answer.
gold is priced in dollars, they have been negatively correlated forever
Would you sell gold / buy oil until the crisis is over?
I am very long gold, and a little long oil
Physical gold, not mines?
Enjoyed the read so where would look now areas to invest or are we in a waiting period to see how things flush out
look for your favorite assets to get bombed out and then start levering into them with powder to spare if we get 2-3 more days like today
ROFL.
Your geopolitics is garbage mate.
Iran has destroyed the US empire.
The petrodollar is dead.
America has to leave the region now. It has been demilitarised (and denazified)
thanks for the feedback. but then why is dollar rallying?
Gold and DXY are inversely correlated now - it’s a consequence of dedollarisation.
Why is dollar rallying but treasuries selling off - thats the real question. I don’t have an answer.
gold is priced in dollars, they have been negatively correlated forever
Would you sell gold / buy oil until the crisis is over?
I am very long gold, and a little long oil
Physical gold, not mines?
Enjoyed the read so where would look now areas to invest or are we in a waiting period to see how things flush out
look for your favorite assets to get bombed out and then start levering into them with powder to spare if we get 2-3 more days like today