Post by
Tradinghands on Apr 10, 2024 4:14pm
Once again buying on pullback pays for BTE investors
Investors are so quick to throw in the towel when the price of oil dips but for us its easier picking the lower fruit. Set your goals to the summer to be long in BTE it will pay. It seemed like months ago when I was posting that higher oil will keep inflation too high to make cuts and the possibility of no rate cuts in 2024 is starting to look that way but for oil it has enough reasons to staying elevated. BTE is the way to go for a solid, safe oil play.
Comment by
OLIVIER1951 on Apr 10, 2024 4:38pm
Target en dec 2024 8$ esce trop
Comment by
ManitobaCanuck on Apr 10, 2024 5:54pm
I heard this from a friend The only way to checkmate consumption is high oil prices . The cure for high oil prices is HIGH oil prices . HIGH oil prices means demand destruction , kills housing boom/inflation as it did in 2009-2014 .
Comment by
Franman184 on Apr 11, 2024 9:00am
We do not have high oil prices yet. Inflation adjusted pricing for inflation would be $120 a barrell WTI Americians feel that oil and gasoline are untouchable to inflation and the price should stay the same or lower for ever. Election fever.