Birchcliff Energy Ltd T.BIR

Recession coming?

[AboveBoard]

Google the word "recession" and you'll see lots of recession headlines.  Looks as if they are starting to gear up this narrative.  Been warning at the possibility of a recession or even worse.  No guarantees as to what the future will bring.  Our governments don't have our best interest, that is for sure.

[checkup]

Demand for fossil fuels is still increasing and government policies are still very negative so Incentive to increase or even maintain production is tepid.  The very strong US dollar is pushing down prices lately but can't go on forever.  The sabotage of Nordstream 1 further adds to the mix.  Crazy times.

[HighOctane89]

Exactly checkup , tight supply is the key to this equation . Presently the negativity presented by everybody has led to a lack of participants on the buy side and the paper market control over price has made a bad situation worse . Today's price action would lead me to believe better days are ahead . Solid investments will maintain their value even in this recession fear atmosphere . Bir