The strategic petroleum reserve hit a 35 year low this week. The purpose of the s p r is not to buy short term votes in an election year by temporarily suppressing gasolene prices during high demand season. It's more like a 50 year high. We're back above that now, which is great news. Today's clothes right on the 13 day chart for gold. should be a catalus for a big dip we'll see what happens.
MacroVoices Erik Townsend and Patrick Ceresna welcome Gavekal co-founder Louis-Vincent Gave to the show. Louis has a different take on the impact of U.S. seizure of foreign-owned assets, and he also shares his outlook for bonds, the dollar, stocks, and precious metals. https://bit.ly/3G5dOmI
Join Free LIVE webinar this Sunday May 22nd at 11am ET: https://bit.ly/3FYN4nL
Download Big Picture Trading Chartbook 📈📉 https://bit.ly/3Nm7wkQ
✅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