RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More 12 months target for Baytex and others CDN stockYup makes sense HeavyBanana. It's too much for me to game out what the likely outcomes are or even analyze debt structures.
I got it in the back of my neurotic dumb assed mind that Putin and Xi are behind this latest flare-up in the mid East through their common proxy Iran to open up another front in their effort to dethrone the mighty US dollar as the world's reserve currency. What's next? A move on Taiwan? Will they mobilize their other proxy North Korea? People lose faith in the US ability to be the world's cop. They start dumping US dollars and treasuries. Dollar crashes. Oil price goes nuts.
Drive inflation and interest rates through the roof. That'll create no end of chaos within the US. But then again this might be just another tempest in a teapot. Who knows? Much smarter people than me can game out where we're likely to go from where we are now.