Yes, #oilprices are low. Adjusted for inflation to 2018 the current WTI price is only ~$55. Maybe the message from falling rig counts has got through to Wright and Trump that we can't both have lower oil prices AND increased American production like in #Trump's first term. If Trump stays with this stance, and sticks it to Putin to help end the war in Ukraine, this could be a game changer.
Sadly the US gold reserves might be imaginary as the US has sold alot of gold like the UKz and the US still refuses to show the gold at Fort Knox. However BRICS and ASEAN countries are buying gold like there is no tomorrow. That said a lot of gold did go from Iraq and Afghanistan to the US when they were invaded.
The $GME fiasco has been making my head spin. On the one hand, the stock keeps going up and I want to jump on the band wagon. But there is a reason these stocks were shortened - the financials simply don't support these prices and it won't last. Honestly, I don't know if some of these companies will even survive the pandemic without filing for chapter 11.
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Microsoft’s $4 Trillion Halo Can’t Light The Whole Market
European Trade Triumph – A Boost For American Energy. The Energy Report
Ranked: The Largest Gold Reserves, By Country
Sadly the US gold reserves might be imaginary as the US has sold alot of gold like the UKz and the US still refuses to show the gold at Fort Knox. However BRICS and ASEAN countries are buying gold like there is no tomorrow. That said a lot of gold did go from Iraq and Afghanistan to the US when they were invaded.
War In Israel Spurs Flight To Dollars, Yen And Gold, While Driving Up The Price Of Oil
No suprises here. This is to be expected and happens with most wars.
No One Ever Claimed
In the navy don't you have to respond to orders even if you don't respect the person above you too? Even more so, I'd think.
The Top Secret File "el Trumpo" Did Not See
Interesting. Never heard about this before.
Tony Bennett
RIP Tony. And yes American needs a lot of healing. We are stronger together than apart.
Game Over, Man
The $GME fiasco has been making my head spin. On the one hand, the stock keeps going up and I want to jump on the band wagon. But there is a reason these stocks were shortened - the financials simply don't support these prices and it won't last. Honestly, I don't know if some of these companies will even survive the pandemic without filing for chapter 11.
Zoom: Victim Of The Cure
While #Zoom will never be as large again post-Covid, as it was during, it's certainly going to be a hell of a lot better than pre-Covid. $ZM
Lands' End - Chart Of The Day
What's your take on how the election uncertainty will impact the markets? Trump's refusal to concede, etc.