| This post is going to address two fundamental points: 1) Why it might make sense for the Fed (or a respective government agent) to intervene in commodities. 2) Whether the Fed has indirectly already intervened and does this explain the mysterious WTI-Brent disconnect?
While we appreciate the above might be considered controversial, we would say exceptional circumstances call for exceptional reactions. What’s more, official mandates have hardly stopped other central banks from breaking them (ECB, ahem)..............................................Full Article: Source
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