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Russia has just issued a strongly worded statement, implying that anyone interfering with oil tankers heading to Cuba will face serious consequences. Tensions are evident; even small-scale incidents can easily escalate into large-scale conflicts.
Just last Friday alone, over $1 trillion in funds were lost.
The general sentiment is that people are becoming more risk-averse and pulling out their investments... As a result, cryptocurrencies have also been affected.
The news is not very optimistic either... The involvement of Houthi forces, tensions related to Israel, and Iran still controlling oil supplies.
In short, gold and oil prices are rising—while risk assets are being sold off.
Currently, prices have fallen below $66,000.
Personally, I think... after each strong rally, a pullback is quite normal.
Do you think now is a good time to buy and watch, or is it better to make small investments like I do?