Falling U.S. dollar a big part of rising oil prices - Dec21

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Falling U.S. dollar a big part of rising oil prices - Dec21

Post by dan_s »

Take a look at the one year chart: https://www.marketwatch.com/investing/index/dxy

"A $Trillion here and a $Trillion there" and we will soon be talking about inflation that will boost all commodity prices.

More than a 10% drop in the dollar = $5/bbl increase in oil price.
Dan Steffens
Energy Prospectus Group
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