OIL in an unbeatable bull.
Since mid 2020, when oil bottomed, oil started a massive bull trend, fuelled mostly by geo-politic reasons and supply, there is no sight for where it can move to. In fact we think oil could well exceed $200-$300 if the European conflicts are expanded.
At this stage, only oil is steadily moving higher in the financials, followed by the housing that is somehow holding value against inflation in most of the West for now.
Everything else will decline, we are in a tipping moment for the World's economy and our financial systems.
At this stage, only oil is steadily moving higher in the financials, followed by the housing that is somehow holding value against inflation in most of the West for now.
Everything else will decline, we are in a tipping moment for the World's economy and our financial systems.
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