As Russia begins invasion, these assets will skyrocket - Phil Streible

Phil Streible, chief market strategist of Blue Line Futures, discusses the impact of a Russian invasion of Ukraine on oil and other key "strategic" commodities with David Lin, anchor for Kitco News.

0:00 - Inflation outlook
14:34 - Gold vs. stocks as inflation hedge
21:22 - Commodities vs. inflation
23:40 - CPI vs gold
32:10 - Gold price outlook

#oil #Russia #gold
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[matth.]

Remember when America was energy independent and didn’t have to rely on negotiating with countries that hate us for oil? FJB

[allenadamusiak]

16:22 his honesty is respectable! Awesome to hear a real person speak!

[MyTubeUtoo]

Hey Vlad, my name is Taeb. I'm with a group called the Taliban, over here in Afghanistan. We have lots of American-made weapons for sale at major discounts. The idiots just ran away and left everything here.

[RevolutionaryAssets]

Meanwhile Brandon shuts down our main oil supply… Let’s go Brandon!

[smithraymond]

Translation: be ready for $7/ gallon gasoline this summer.

[jeep]

Surprised he didn't mention nickel. Norilsk Nickel in Russia is the largest nickel producer in the world. With battery tech now decreasing % of cobalt and increasing % of nickel, it's a legitimate concern. I've got my money on companies like FPX nickel in BC as a beneficiary of these sanctions.

[bluescreen]

The big banks keep knocking the metals prices down with paper so they can get better prices on physical metals. They don't want prices going sky high because they are still accumulating more and more and more metals for their own stash. They know the average person doesn't have enough extra money to buy very much metal so they skew the playing field in their favor. That's why some of the big banks have a million ounces or more stashed away and are still buying more. A regular person would be doing pretty good to get a couple of hundred ounces.

[gratenate]

Thanks David! I really enjoyed the final ten seconds the most! Agreeing together to BUY PHYSICAL SILVER!

[franktuccillo]

I don’t know much about the oil problem and fracking but I do know silver will break the all-time high of $50 and this time it will keep going all my research indicates triple digit silver

[ckfromnaples]

This guy is spot on! I'm a new Phil follower!!

[brianpetch]

Nice to hear an American being sarcastic about green energy. You think its a bad environment down there? Come to Canada! Oil is a 4 letter word here.

[cpmarino]

Thanks David for diving into difficult financial issues for investors.

[attentionpeople]

I've made a lot of mistakes in my life, but buying gold was never one of them.

[msauerable]

I think they could potentially block you from selling physical gold and silver too, at least at gold dealers..

[troy]

Exactly the kind of info I was debating myself, great thoughts thanks

[markmiller]

The sarcasm is just too obvious when Phil speaks about oil and our current administration !

[ivak]

Now when oil is too high even Irans oil is good lol

[frederickfrost]

I enjoyed listening to this gentleman and his bluntness.

[cervelo]

I loved the coverage. Very thought provoking.

[deeeeeeps]

Physical gold and silver and SBSW has been holding my whole portfolio up.