Oil Shock → Dollar Shock → Deflation: The Chain Reaction Just Started
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Oil Shock → Dollar Shock → Deflation: The Chain Reaction Just Started
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Liquidations, not mere selling. There's more going on behind the scenes than you think. Critical metals being liquidated means a growing worldwide dollar problem. Possibly a big one. While central bankers are running around talking about rate hikes because they wrongly believe oil prices are inflationary, where it actually matters we’re already seeing the total opposite only starting with gold’s worst week in forever.
Eurodollar University's Money & Macro Analysis
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