Bloomberg blames geopolitical tensions, OPEC cuts, and Ukraine drones for soaring oil. But given all commodities are on a tear — gold’s up 15% — the real puppetmaster is the Federal Reserve. Now, the Fed’s frog-marching a coalition of 30 global central banks into rate cuts even as prices march up month by month.
Get ready for $100 oil and $150 fill-ups.
Bloomberg blames geopolitical tensions, OPEC cuts, and Ukraine drones for soaring oil.
But given all commodities are on a tear — gold’s up 15% — the real puppetmaster is the Federal Reserve.
Now, the Fed’s frog-marching a coalition of… pic.twitter.com/oHdDl7mf78
— Peter St Onge, Ph.D. (@profstonge) April 10, 2024
- Gold’s scorching rally alarmingly appears to be several world Govts hoarding as realization hyperinflation is here to stay and that w Fed Deficit at 34+ Trillion that the dollar is soon to be worth toilet paper I’m not taking pandemic mania toilet paper, I’m talking contractor grade one ply that takes whole roll after thai or Mexican food – Tom Moore
“Gas Prices Hit Six-Month High, Spiking More than 50% Under Joe Biden”
Welcome to Joe Biden’s America! FJB!!!🔥 pic.twitter.com/pKIHWICcLo
— Sheri™ (@FFT1776) April 10, 2024
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