Post by
smallcaptdr on Mar 23, 2023 2:08pm
Almost on empty..
My war chest of CPG, BTE, and ATH bought in the $60+ Oil was sold over today and yesterday now you understand why I never posted that Oil was heading to $72 because I had no faith in it lasting so I avoided any post of reassurance. trouble times continue so don't kid yourself yet. Everyone knows all the cloak-and-dagger stories but yesterday when Yellen said that there's no "Blanket Protection" people will realize that their money could be at risk and if a run on smaller banks happens then $65 Oil will look expensive. A weaker USD is what was helping Oil today with Gold over $2000 indicating a world of worries. If you are on the sidelines with cash just hold on to it for now.
Comment by
thewarrior on Mar 23, 2023 3:03pm
You think the Biden administration would allow a recession before the election? Don't count on it.