recession indicator Crude Oil / Gold
Recession periods, normally, there is a weak demand for commodities (oil down) and Gold, as real protection asset, goes up.
This chart shows these recessions and how the indicator oil/gold went down. So, it’s a way to look high probabilities of recession in coming months.
There is a green line showing USDBRL, to Brazilians understanding how protect their assets against crisis: US dollars!
This chart shows these recessions and how the indicator oil/gold went down. So, it’s a way to look high probabilities of recession in coming months.
There is a green line showing USDBRL, to Brazilians understanding how protect their assets against crisis: US dollars!
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