Re: Oil Selling Off AgainWhy is it over 100.00 per barrel in the first place? No reason for these extreme prices especially with what I'm seeing in the macro economy. Commodities in general are over priced and restrictions and policies around the globe just add fire to a raging fire. As far as I'm concerned the economy and entire world is rigged. My thoughts only and I wouldn't trust or believe anything as far as I can spit backwards. It will get worse Q3 /Q4 and into 2023. Unless they stop with the rate hikes immediately, commodities back off dramatically, supply chains become normal and things become somewhat NORMAL AGAIN! Only my thoughts here do as you wish jump in lake ! Go ski jumping whatever ! Me I'm getting out of dodge city ! Way to much uncertainty and unstable markets juiced by printing presses and ultra low rates ( The Super Bubble )
JMHO take care folks and have a great weekend