Ruba is the best performing currency in the world on the ear. It's trading at 60 today. They're trying to defend their currency. And i think what we're seeing in ruba, gas energy, geo politics suggests it was a very big deal. The ultimate outcome is kind of what i let off with, which is the us. Has a structural deficit problem. It needs more buyers and of treasuries, rather than less preferably at negative real rates.
MacroVoices Erik Townsend and Patrick Ceresna welcome Luke Gromen to the show to discuss foreign divestiture of U.S. assets, inflation, precious metals, Luke’s outlook for the USD, and much more. https://bit.ly/39l40sH
Download Big Picture Trading Chartbook 📈📉 https://bit.ly/3mAPyQa
✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials