No asset EVER goes straight up without a correction.
Lions, the run higher in energy as of late has been nothing short of EPIC… and this tells me to look for a coming correction.
This Russia/Ukraine issue IS JUST A US/UKRAINE ARMS DEAL IN DISGUISE. In just over the past few weeks, the Pentagon has sent HUNDREDS OF MILLIONS OF DOLLARS in weaponry to the Ukraine- funded directly by the American people.
If a de-escalation between Russia and Ukraine occurs, expect crude/energy to fall.
I will be keeping a close eye on this and I WILL keep you informed.
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GM
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Ok got it! I’m in a lot of energy
All these arms to Ukraine are probably a drop in the bucket compared with the equipment we let the Taliban have in Afghanistan. Hopefully Ukraine doesn’t fold like the Afghan military did and effectively hand over these arms to Russia. If we don’t learn from our mistakes, we are doomed to repeat them.