“If the war ends oil will likely collapse. If it escalates, everything else collapses, and oil will follow. Either way I don’t see long-term upside for black gold.”

Futures sky-rocketed overnight as Putin hinted at positive "shifts" in discussions. Short-covering. As I've said, if the war ends oil will likely collapse. If it escalates, everything else collapses, and oil will follow. Either way I don't see long-term upside …

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De-Dollarization Escalates Again: “African Economy Needs More Usage Of Chinese Yuan”

from Zero Hedge The world’s push towards de-dollarization continues to accelerate as Americans go about their daily lives worrying more about blasphemous comedians, participation trophies, and Kim and Kanye’s traitorous behavior. From yuan-denominated oil futures (and soon to be yuan-denominated metals contracts) to Europe’s …

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