Thanks Comparative Advantage.
Folks the big propaganda move is on today, attempting to justify high oil prices (above 100) due to Iran (instead of the real monetisation going on). Don’t buy into the propaganda today.
Big Euro-U.S. spending monetisation is underway driving oil up over 100, DESPITE high unemployment. Friday faked-rigged unemployment numbers were a set-up for this propaganda.
Again, oil, the real “gold” commodity, is being driven up by monetisation...QE.