I like to thank True Bill for supporting my podcast.

$5 here, $10 there, monthly subscriptions often feel like a great deal until you forget

them.

Get your subscriptions under control with True Bill.

Go right now, TrueBill.com's last goal.

It can save you hundreds of dollars a year.

Last night, the rumors finally became reality and Russia did in fact officially invade

the Ukraine and it sent global markets into turmoil.

You had selling across the board in the stock market.

The Russian stock market hit hardest of all.

Many Russian stocks intraday down better than 30%.

A couple of the big ones closed down just over 25% noris, nickel and gas prom.

But those stocks were well off their lows when they were down by better than 30%.

The Russian rubble also hit an all time low against the US dollar.

European markets hit very hard, obviously closely intertwined with Russia.

But US stock futures were also weighed down overnight.

The big action early in the oil market, we actually went above $100 a barrel intraday

in the price of oil.

Gold at one point was almost at 1980 per ounce.

It was up about $70 or so per ounce.

So a lot of people running into gold, buying oil, US treasuries also had a big rally.

As did the US dollar.

...