Russia-Ukraine Crisis: Oil prices skyrocket as stocks implode

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Commodities like Brent oil, nickel and gold are hitting some of their highest rates ever while stocks tank due to the ongoing crisis in Ukraine.

Brent has hit $139 a barrel Monday; nickel is soaring 30% higher than normal and gold broke through the $2K barrier on the open this week.

Stocks however have tanked. The Dow has failed nearly 350 points, the Nasdaq has dropped nearly 200 and Germany’s DAX has suffered a 20% decline since January.

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