"CDT wouldnt be sub 5c, but alas, Ukraine is stopping what was previously a very bullish market and putting it on the freezer."
This I very much agree with and now it really depends on Biden's response. If the war is only internal and sanctions do not include energy plus Iran starts to pump oil again I think this will all pass rather quickly. The region has been in on-and-off trouble for years
The 2nd Chechen War lasted from 1999 to 2009 and we had a massive bull market during all that.
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