Meanwhile, back at the ranch, gold just hit the $1700US mark. Putin, in response to US trying to block Nordstream 2 and Iran exports, has refused to cut production with recent crash in demand mainly from China. Reason? Asymmetric combat. Push the US shale produces into bankruptcy and push US back into net importer status. Salman in Saudi playing along. Its OPEC+ now and oil policy is increasingly steered by Moscow. Suck it up.
Meanwhile, back at the ranch, gold just hit the $1700US mark....
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$2.81 |
Change
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Mkt cap ! $1.332B | |||
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