MarketsInsider/1-24-2022
“Prices for oil and metals stand to extend this year’s gains on the back of a growing conflict between Russia and Ukraine that has also drawn in the US and its European allies.”
USAGOLD note: Some interesting speculation on how a Russian invasion of Ukraine would affect various markets. A spillover effect in other markets is an additional threat. In this article, JP Morgan is quoted as saying oil could hit $150 a barrel if Russia invades.