The forex market is usually well ahead of the stock market and...

  1. 10,526 Posts.
    lightbulb Created with Sketch. 767
    The forex market is usually well ahead of the stock market and the USD has dropped from over 100 on the index to the current 93 odd since
    January due to the pandemic.


    It is also interesting that both Russia and China are buying gold. In 2018 China wrote oil futures contracts in "Petroyuan"; not Petrodollars
    with the option that the oil suppliers could convert the Petroyuan into gold. This, IMO, is a mega shift given that China is the biggest global buyer of oil and that oil is the biggest traded global commodity.


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.