2 thoughts on “CHART OF THE DAY

  1. Bob UK

    If there is some Putin/Merkel/Hollande Ukraine peace deal this weekend what does that do to gold and oil – if anything?

    Presumably gold will fall sharply? I am not sure how oil would respond.

  2. gary Post author

    Generally speaking I tend to ignore the news. For whatever reason there always seems to be an excuse for the market to do what it was going to do. So based on the current intermediate cycle count in oil the media could very well spin the rally in oil as a product of easing tensions in the Ukraine. But if not that then they would find some other reason for why oil rallied.

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