OIL
- Oil is priced and sold in USD.
- Japan imports nearly 100% of its oil. US imports more oil from Canada than any other country.
- OIL PRICE UP, S&P500 DN (Counter scenario), YEN SS UP for conversion into USD to buy oil, YEN DD DN as less people can afford more EX JAP GDS, YEN VALUE DN, USD DD UP, USD VALUE UP, USD/JPY UP.
- OIL PRICE UP, USD SS UP to buy oil from Canada, USD VALUE DN, CAD DD UP, CAD VALUE UP, USD/CAD DN. (92% correlation)
Gold
- GOLD PRICE UP, AUD/USD UP. (78% correlation)
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