Making Money Minute with Ron Hiebert

Russia & Commodity Prices

For the first time is over 3 years, we are beginning to see baby steps towards peace talks between Russia and the Ukraine. Investors should be paying attention. Russia’s economy has been badly damaged by the war and trade embargoes that followed. As soon as peace comes and the sanctions are lifted, Russia will begin dumping stockpiles of things they haven’t been able to sell for years, to gain much needed cash. Commodities like metals, grains and fossil fuels could come under pressure as a large increase in supply forces prices down.

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