Brent Crude Nearly $90 A Barrel!
From Greg M
Well… there it is.
Lions and friends. As we all expected- crude oil, the lifeblood of this twisted system, continues to march ever higher.
This recent explosive move higher in the price or crude is going to hit ALL OF us directly in the pocketbook- having to dig deeper to pay more for just about everything. Moreover, overall inflation is also going to continue ever higher. Count on it, as pressure on the middle class grows even more unbearable. BY DESIGN.
Where is the revolt?
GM
Should get to $100 just before cycle top
And this is in spite of the dollar gaining which implies the oil market might be decoupling from the Petrodollar system, especially considering how Saudi Arabia just joined BRICS. Scary times ahead for the West.