While the West has greatly assisted Ukraine against Russia’s aggression, China has substantially supported Russia despite China’s professed strong attachment to the principle of national sovereignty. How can we understand the China/Russia axis?

Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies. By the end of 2023 gold surpassed the euro.

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WTI Crude Oil saw the 80.000 USD level penetrated upwards on Wednesday of last week, only to falter and then begin a rather steady push lower.