How the Fed Abdicated its Independence to White House Geopolitical Strategy on Russia For Nearly Two Years

[Note from the Saker: I take no position on the thesis presented in this article, but I do find it very interesting and I therefore decided to submit it to you all for discussion.] by Brandon J. Ferro for Only Price Matters In the chart below I plot crude, the Russian Ruble (RUB) and OPEC production. From 2012 through mid-2014 all three print sideways. However, to the day beginning on 7/29/14,