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The Fog Of Oil
The Fog Of Oil
Authored by Matthew Piepenburg via VonGreyerz.gold,
War, oil and gold are making headlines of late for overlapping and independent reasons. Below, we avoid the guesswork, finger-pointing or sensationalism attendant to current headlines concerning Iran and stick to a theme which offers some clarity, namely the interplay of oil and gold.
The Fundamentals Stay the Same
For years, of course, we have tracked the fundamental drivers which impact the gold price (from DXY debates, inflation signals, and de-dollarization headlines to COMEX outflows).
All of these complex signals and themes ultimately boil down to a simple realization:...
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