RE:RE:RE:WTI 200mda $76.75Experienced wrote: mrbb..a few things...
In regards to one and two we disagree as per my earlier post. But each to their own
Point 3....Taiwan would result in a spike in oil prices initially and then a collapse due to a massive recession due to a semiconductor/supply chain problem
Point 4....the Fed isn't going to print excessive money for a while. They are in the process of reducing their balance sheet not making it bigger. The more likely scenario, and we are seeing this we speak, is excessive borrowing in the open market by the US Government to fund budgetary deficits which will has the potential to crowd out private sector borrowing and a spike in interest rates a la early 1980s which leads to a recession and lower oil prices.
What we are seeing now in oil prices reflects these concerns.
point 3...china is just huffing and puffing. i don't believe china has the firepower. I do wish CCP attack taiwan, it would accelerate the demise of CCP, IMO. Obviously you didn't read Sun Tzu
Point 4... i didnt give timeline. Beside, isn't excessive borrowing = more printing? where does borrowed money from????? the BRICS had been and is dumping their USD reserves. Even japan, US ally, is dumping USD. You believe the fed will push interest to 20% like 1980's to contain this inflation? LOL beside, this inflation has 2 components to it while the 1980s has 1 component, and no BRICS, much easier to fix. I don't believe this inflation is the same as 1980s. History rhymes, not repeat exactly. Weak USD correlate to higher commodity prices in USD, try to debunk that one.