Post
Topic
Board Economics
Re: Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel
by
First77
on 12/09/2018, 16:00:40 UTC
With gold price right now, Gold must be very undervalue. Paper money always printed by central banks but gold have limited supply. Gold price should be more than current price and i am believe gold price will increasing when crisis happen

Crude Oil $80/barrel as Iran fears mount

Oil has risen above $80 a barrel to its highest level this year amid concerns about supplies from Iran and a fall in US stockpiles.Brent crude rose more than 1% to $80.13 - the first time it has breached $80 since late May.The rise reflects concern about the impact of US sanctions against Iran that will target oil exports.

"Iran is increasingly becoming the preoccupation of the crude market," said consultants JBC Energy."The last couple of weeks have seen the expected squeeze on Iranian crude flows taking shape, with overall outflows down markedly."Gordon Gray, HSBC's global head of oil and gas equity research, said there were "real risks" that Brent could hit $100 a barrel.

https://www.bbc.com/news/business-45501884