Why CRUDE OIL is falling?
Updated
Tomorrow they will say that oil fell because of OPEC, Russia, Saudi Arabia.
But this is not true
At this chart, I show who is customer - Federal Reserve System
And who is Contractor - City Bank, Goldman Sachs, JPMorgan Chase
These are the three largest futures oil players in the market.
The customer has only two goals - that the dollar grows stronger and that the dollar remains the world's reserve currency
This is one of the instruments to achieve goals. the second is the depreciation of national currencies of other countries. especially the currencies of those countries whose budgets are very dependent on the price of oil
Best regards EXCAVO
But this is not true
At this chart, I show who is customer - Federal Reserve System
And who is Contractor - City Bank, Goldman Sachs, JPMorgan Chase
These are the three largest futures oil players in the market.
The customer has only two goals - that the dollar grows stronger and that the dollar remains the world's reserve currency
This is one of the instruments to achieve goals. the second is the depreciation of national currencies of other countries. especially the currencies of those countries whose budgets are very dependent on the price of oil
Best regards EXCAVO
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