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tw0122

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tw0122

Re: None

Thursday, 09/14/2017 6:28:34 PM

Thursday, September 14, 2017 6:28:34 PM

Post# of 769
China's New Gold-Backed Oil Futures Contract Cuts Out U.S. Dollar
Sep. 6, 2017 11:05 AM
Summary
Weak US Dollar will cause WTI to ride.
Here's a new bullish factor for Oil. China has created an oil benchmark based on gold, effectively cutting out the U.S. dollar.
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