RE:RE:RE:Significant UpgradeThe oil price/ markets are simply reacting to the Fed's statements about small planned interest rate increases (by 2023) which gives the U.S. dollar some upward momentum and accordingly a bit of downward pressure on the oil price but this is of course just a bone with no meat that the Feds have offered people.
It is absurd to think that govt's can substantially increase interest rates while they continue to accumulate record amounts of debt and expand their balance sheet. A rise to even 5% would be catastrophic for the system which is now hooked on borrowed money with an interest rate that is effectively negative.
My advice is to hang on to your commodity stocks and gold/silver because the currency is being seriously undermined even if the main stream media pays absolutely no attention to the story---and I don't think there is any going back to economic sanity. The ship has sailed.