>dollar was near multi-decade lows ~2 years ago. oil was at near multi-decade highs ~2 years ago. Yeah, that's exactly the correlation I am pointing out. Guess

>dollar was near multi-decade lows ~2 years ago. oil was at near multi-decade highs ~2 years ago. Yeah, that's exactly the correlation I am pointing out. Guess who started really blowing up ~2 years ago? ISIS. More instability = less control over oil resources by the sovereign = cheaper oil for everyone else Decrease the oil price, and you increase demand for oil. Increase the demand for oil, and you increase the demand for the dollar. Increase demand for the dollar and you increase its value. Basic economics. 6/7 of the richest companies in the world in terms of revenue are oil companies, and oil is primarily traded in dollars. You'll notice that when a country starts trying to sell oil in something other than the dollar, they go on the NATO shit list: i.e. Iraq, Iran, Venezuela. https://en.wikipedia.org/wiki/Petrocurrency#Currencies_used_to_trade_oil https://en.wikipedia.org/wiki/Petrocurrency#Currencies_used_... https://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue https://en.wikipedia.org/wiki/List_of_largest_companies_by_r... "War is a matter not so much of arms as of money." -Thucydides