In a nutshell I see stagflation as admitted by fed today. i.e. slowing economy and inflation problems even with falling oil and yet no move on interest rates until after election. A coup and these boys need to hold power to forestall impeachment, hold power at all costs,. their cohorts in finance and industry and media control vast resources which they are mobilizing to eliminate premium in crude, crush the evidence of inflation, gold, and yet power DOW higher. All in the face of stagflation, imminent war with Iran and facsist coup in the US.
Yet with all this, i.e. plummetting oil and gold USD is stuck, no move, notta, nothing. War drums are beating in the background, the smart are buying while the paniced are fleeced.
Hedge funds on the wrong side of the trade are part of this feast.
On a limb
Gold is decoupling and the dow will run, dollar will fall, war will expand, oil will stay low as reserves are used. Silver first and gold second, China and India will take over here, they realize these loans are not coming back, the ride is done and the usd is dead.
P.S. Looks as if BGO is in play
