Mar. 2 at 3:11 PM
$AG $CDE $HL $ABBRF
VIX 👀TLT
I think the basic thought process here is that this is strong for the US dollar because we are asserting control.. but we've been asserting US dominance in the middle east for years, and ultimately it leads to weaker trust in the weaponized dollar.
Another consideration is that oil will go up in the short term. This will directly affect cost to mine precious metals. 80% of Iran's oil went to China. This war will affect us in many ways but will cost us/canada much at the pump? idk
