Its all political (as always).....the drop in oil price is heaping extreme pressure on Putin & Russia....
The US want that to continue as long as possible....
However the Saudis & OPEC won't let the price fall last too long as it stats to hurt their margins.....They'll simply reduce output in the new year to ensure a recovery in price.....
The US are stuck between a rock & a hard place here....their production is at a 30 year high due to shale.....but their dollar is intrinsically liked to oil price & the dollar is overvalued at present.....
Makes my head hurt.....all I really know id that it currently costs less than £100 to fill up my van which is nice.....
....and all I really WANT to know is should I sell my gold yet....or buy more??
