yes absolutely also dont forget natural gas. gregory reccomended UNL its a 12 month nat gas fund as opposed to ung which suffers from backwardzation. generational wealth in these nat gas prices 5yr lows!! Regardless of how president bozo and his handlers are trying to extinct it
It’s obvious the markets are rigged in every aspect. Another example is the defined contribution benefit plan (e.g., 401k, 403b). Why do I have to contribute to my own retirement SAVINGS account and then have rules about when I can take money out? It’s a controlled system and fully dependent upon future generations to participate. It is by definition a Ponzi Scheme.
usually, at least with commodities, I like to buy low and sell high. True, crude is down today but with a recession on the way and economic collapse no one will be able to drive their cars at any price because of global warming so that is to be expected. Soon, with Joe Biden's re-election, prices will not matter anyway as there will not be any commodities to buy anyway. Prepare to freeze in the dark before you die of starvation while contemplating the morality of saving the planet. Today I am thankful I still have my sense of humor tomorrow maybe not so much
Screw oil...invest in xmas tree farms. Just paid $100 for a 6 foot balsam. The frazer firs,were close to $200. One of my guys whose sold trees for 60 years isn't selling anymore. Too expensive from his supplier and he can't get any workers. Hope the Christ Child appreciates my sacrifice. I'm trying to buy my way up to the good place, Greg. Sucking up to the Son of God must surely help. Or won't it? Happy Turkey day to all the lions.
I’ve been in oil and natural gas several years now, it’s basically an endless pump and dump cycle
yespump and dump commodities are manipulated the same as all equities. hold nothing long
I’m definitely staying long. It’s extremely volatile but I’m confident the long term trend is up. Plus energy is one of the best sectors for dividends
yes absolutely also dont forget natural gas. gregory reccomended UNL its a 12 month nat gas fund as opposed to ung which suffers from backwardzation. generational wealth in these nat gas prices 5yr lows!! Regardless of how president bozo and his handlers are trying to extinct it
check out etf UCO while oils under pressure 73-74 crude price great time to buy in. its a oil leveraged 2x
It’s obvious the markets are rigged in every aspect. Another example is the defined contribution benefit plan (e.g., 401k, 403b). Why do I have to contribute to my own retirement SAVINGS account and then have rules about when I can take money out? It’s a controlled system and fully dependent upon future generations to participate. It is by definition a Ponzi Scheme.
How right you are!
the natural gas contango is real check ung its at a 5 yr low unl(12month) is the better buy for less contango.
usually, at least with commodities, I like to buy low and sell high. True, crude is down today but with a recession on the way and economic collapse no one will be able to drive their cars at any price because of global warming so that is to be expected. Soon, with Joe Biden's re-election, prices will not matter anyway as there will not be any commodities to buy anyway. Prepare to freeze in the dark before you die of starvation while contemplating the morality of saving the planet. Today I am thankful I still have my sense of humor tomorrow maybe not so much
breaking news PNC notified the regulator of 19 upcoming bank branch closures last week
Citizens Bank targeted six branches in a handful of cities across New York State
Although Chase filed to close four, it also said it would open 12 new branches
Screw oil...invest in xmas tree farms. Just paid $100 for a 6 foot balsam. The frazer firs,were close to $200. One of my guys whose sold trees for 60 years isn't selling anymore. Too expensive from his supplier and he can't get any workers. Hope the Christ Child appreciates my sacrifice. I'm trying to buy my way up to the good place, Greg. Sucking up to the Son of God must surely help. Or won't it? Happy Turkey day to all the lions.
It's part of the game. No surprise here.
I found out 5 minutes ago, another OIL SPILL IN Gulf of Mexico 1.5 Million gallons!! Haven't seen it on news yet!! See YouTube: realbpearthwatch.
Russia and Saudi can always cut production again.