RE:RE:RE:Pd futures and spot up ~$100 today to ~ $@2768I agree with regard to inflation, but I disagree with regard to Russian oil.
Either way, the metal is still in the ground, so this could act as a hedge for GENM investors.
Russia will do it's thing in Ukraine, get all the concessions it can and then likely things will go back to 'normal'.
Or...this is not the first time Russia's invaded Ukraine...NATO may take takes a stand and decides this is Putin's last hurrah. Then all bets are off (but low probability).
NATO needs to decide if they want another 20 years of Putin pulling this sh*t whenever he sees an opportunity.
If it wasn't for his nukes, he would have had the royal Kaddafi treatment already.
I expect Russia will be treated like North Korea for the next while and the Russian people are really the only ones that can force a change of situation.
Russian people got rid of communism, they can also get rid of Putin.
And from what I've seen, leaders in the oil business have short memories, many/most could be considered sociopaths (you are talking about the people who are already dealing with Russian oil) and money talks, so they may put on a show, but I doubt it will last.