RE:Re: Where Is 130.00 OilKeep holding cash and see how that works out for you a year from now. Governments all around the world have intentionally stoked inflation. With the trillions that have been printed out of thin air, real assets and commodities is the only way to protect wealth. Let's see if you're still posting a week or two from now or if you go back into hiding. I'm hoping the panic sell off holds to tomorrow morning. Would absolutely love to grab more in the very low 8s or high 7s.
Rocket101 wrote: Driving season around the corner hhhmm. We should just fly blind as well. Lybian oil ? Venezuela oil? OPEC? More active drilling? Rising rates? Lockdowns? Supply chain disruptions ? But unicorns and fairy dust will sprinkle down along with doughnuts and a cup of Premium blend Sanka. Add the debt burden of society. This is what happens when the pendulum swings to far on fairy tales. Paper loaded debt driven growth. Fundamentals equal ? True price discovery equals ? Fake fake and more fake. Everyone can keep hoping for 100.00 plus oil and , $8.00 corn , 5.00 near copper but end result ! It hurts demand in large broad based economy. Just wait til end of 2022 and 2023 if all these rate hikes happen and commodities stay excessive. The next bail out will be from Micky Mouse and Co. Money printing to generate growth and inflation Will implode everything at some point.
jmho as always