Debt CeilingThere will be a reckoning. If it wasn't for this debt ceiling bs, oil and oil stocks would
be flying. Hold or average down because when the negotiations are settled, there
will be an explosive reaction upwards. Money will come pouring back into the sector
so you need to be positioned before. Those that are too afraid will be left out when
the news of a deal is reached because of a gap up.
The huge draw has not disappeared and the Saudis are not happy with the shorters.
The Americans will not default IMO. If they do then every politician in Washington
should be held responsible and voted out in disgrace. Right now they are playing the blame game with each other but with a default, each side is culpable of gross negligence as well as treason. Its unthinkable they would sabatoge their own
country for the sake of selfish political ends.