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tbirdsrgo

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04/05/23

10:32

Post #: 67601744
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Originally posted by AverageJoe: ↑

I'm not looking forward to this type of escalation in the crisis. Gold rallying but USD is falling. I was expecting USD to catch a bid off the rate rise but probably early days to read too much about the reserve status threat.

What is next to alleviate the situation from a wholesale destruction of Kiev? This is going to jack up energy prices even more with Opec+ cutting production and idiotic Biden pumping $ to fight inflation on his act. Stagflation is becoming real except for those pumping out military gear. Very bad situation and let's hope this is the standard good cop bad cop routine. If not Zel$ might have to change to a Bakhmut Red Ts.

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Good post AJ. My initial thoughts were the levelling of Kiev. Let us hope that the markets are quarantined from the fallout.

Last edited by tbirdsrgo: 04/05/23
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