Get ready for $100 oil and $150 fill-ups.

Bloomberg blames geopolitical tensions, OPEC cuts, and Ukraine drones for soaring oil.

But given all commodities are on a tear — gold’s up 15% — the real puppetmaster is the Federal Reserve.

Now, the Fed’s frog-marching a coalition of… pic.twitter.com/oHdDl7mf78

— Peter St Onge, Ph.D. (@profstonge) April 10, 2024