The USD is inflated through oil being pulled out of the ground at a unheard of rate. This will not be able to continue long term and should please the Saudis at the end of the day.
This is similar to how China is manipulating its own currency,just not as obvious to the every day person.
What has amazed me lately is Warren Buffets investment in trains at a time(2-3 years ago) that pipelines where looking to take over. Flash forward to today and trains are moving more oil than ever before. Little off topic but interesting he saw this coming or was positioned well enough to take advantage.
If you are not on the inside, then you are a loser. You think that Buffet does not have friends who know what the plans are? Its not like they can just start pumpig that oil over night.
The stock market just took a nose dive the last two days. I have been saying the bubble will burst for a long time now, and we appear to be on the precipice. All we need is a little catalyst to nudge us in the right direction and we will see another round of economic collapse and bailouts for rich wallstreet people (mostly goldman sachs).
I don't know if oyu can say whether btc will move with stocks. The recent dump was clearly market manipulation, and it may just be coincidence that the stock market and oil are taking at the same time(ish). We will see. Interesting time. I have not been in btc for very long, so I can't say for certain if it will track other assets, but I can see the appeal of btc as a safe haven.
