Oil Price Manipulation Sparks Global Economic Instability

Global financial instability is looming large as interconnected forces threaten to drive the next major phase of economic upheaval. According to David Russell, CEO of GoldCore, policymakers are running out of easy answers amidst rising yields and inflation pressures.

Oil markets are being heavily manipulated by the US government, with price signals crucial to balancing demand against supply. Breaking this signal risks future dislocations in supplies, including actual shortages.

Rising long-bond yields are consistent with the return of inflation, which could rise further. Central banks are accumulating gold, and China is aggressively buying up available reserves.