Ten year below 1.7.
The petrodollar stand is holding. I am still not sure it can be defeated. And it sure seems to beat any attempt to drive a better standard into the Swamp. The petrobanks seem pretty smart about it, Texas has plenty of frackers. Oil is much more liquid than gold and is the foundation of our economies. Xi Ping Pong cannot run a better standard while suppression information flow. Even Russian is failing to dislodge it an it has plenty of oil, Putini is misguided, it needs to align his monetary standard with oil, like we do..
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