Dan Schmeidler

Oil Would Be $65 if the Dollar Had Stayed Strong - AGI

So which came first, the chicken or the egg? Considering the collapse of the US dollar (versus other currencies), we already know that (hence) oil is more expensive in dollars than in euros. Oil has also traded pretty much in parallel to gold in the chart's time span. So? I guess, I would have expected a different approach or different analysis (charts, etc.) to the argument that a stronger dollar means more stable commodity prices? Or, maybe I am just not getting this article. Sorry, no Kudos here.