At 8:00 this morning, all markets were betting on a peace agreement declaring victory and troop withdrawal by Donald Trump. Therefore, while oil prices fell yesterday, gold, silver, Bitcoin, and stocks all rose. Of course, a declaration of victory or peace, along with troop withdrawal, would cause markets to surge. However, currently, it's only a one-sided statement from Donald Trump. Remember, buying the rumor and selling the fact is never wrong in the financial market. If it's a declaration of continued war or, even worse, the use of nuclear weapons, then the "red line" (referring to the risk of war) would also perfectly match the "buy the rumor, sell the fact" scenario.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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