RE:RE:RE:Ivanhoe mines and oil stocks......Great point will need to watch that , it is also bad for Dems and the green plan , Biden is now less liked then Trump , should lead to a GOP sweep drill baby drill . long oil names to short oil naes with leverage , Green inflation vrs Drill baby drill!
CapnBucc wrote: smocher wrote: Does $90 oil mean $5 copper ? I think it does. US$ weaker?
Rising oil is good for oil. It might make electric more competitive but generally speaking its bad for the economy. Most recessions were caused by spikes in oil. Slower economy means less demand for everything including cu. Generally speaking.
Bucco