Oil, the US dollar, gold, and the situation in Venezuela—what is the underlying logic behind these things?
At first glance, these assets and regions seem unrelated, but in reality, they are closely connected through the global financial system. The US dollar's position as the international reserve currency directly influences the pricing power of oil trade and the international price of gold. Meanwhile, major oil-producing countries like Venezuela have their economic fate closely tied to fluctuations in crude oil prices and are also heavily affected by changes in US dollar policies.
From the p
View Original