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Bullboard - Stock Discussion Forum InPlay Oil Corp T.IPO

Alternate Symbol(s):  IPOOF

Consumer Cyclical Energy Advertising Agencies Oil & Gas E&P
InPlay Oil Corp. is a Canada-based junior oil and gas exploration and production company with operations in Alberta focused on light oil production. It operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential, and undeveloped lands with exploration possibilities. It is engaged in the acquisition, exploration and development of petroleum and... see more

TSX:IPO - Post Discussion

InPlay Oil Corp > Federal Reserve Chairman Jerome Powell Speaks
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Post by geezer21 on Apr 21, 2022 10:55pm

Federal Reserve Chairman Jerome Powell Speaks

Notice that after Federal Reserve Chairman Jerome Powell spoke today about raising interest rates, that while stock markets sold off, tangible assets like copper, oil, gold, natural gas etc., did not drop. They maintained their value.  Excess paper in the stock market is divorced from real economy.

Raising interest rates is to prop up the USD.  It is not prices that are rising but it is dollars that are devaluing.

Commodities are an inflation hedge.
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