Baytex Energy Corp T.BTE

Barchart article

[liljohnnyjoke]

https://www.barchart.com/story/news/29530221/has-the-trump-trade-killed-king-gold

from lower down in the article

• Once the next US inauguration occurs, look for OPEC+ to announce the end of production cuts.
  • Likely coinciding with the second official act of the new administration to lift sanctions against Russia.
• Recall the president-elect is a fan of a weak dollar and low, if not negative, interest rates. This could make it difficult for the US dollar index to maintain its recent strength.
• Additionally, it would not be surprising to see China make a move toward taking Taiwan over the coming months.
  • This could collapse the Nasdaq ($NASX), which would then be expected to pull down the S&P 500 Index (($INX).

[Jimmy1page]

Lift sanctions against Russia??. What sanctions are you referring too??. The ones slow Joe lifted day one one, Trump’s sanctions on Nordstream two?. Leading to the current war?

[liljohnnyjoke]

its not my article but I am guessing they mean the $60 cap sanction? On 3 December 2022, this price cap has been set at US$60 per barrel. G-7-based finance companies would only be allowed to provide transport and other services to Russian-based crude under these conditions.

[Antonyius]

What a horrible take, China taking Taiwan after witnessing Russia struggle with a landlocked neighbour.