please don't buy the dip and be a greater fool. commodities are looking to explode with a supply shock incoming, good commodities are the next gold rush not over valued commodities and excessive PE ratios or unicorn companies but real tangible assets
To everyone
Now is not a bad time to buy oil price at 25-27(20)dollars a barrel is an amazing price historically speaking near a 20 year low. even 30$ is not bad, also oil refineries are not a bad option but as of currently I do not know any, as a result I only sticking to commodities, in this case, nyse:wti which u can sell at 60 easy or hold or longer-term higher profit around 300 percent gain. There’s a lot of info coming out about the opec+ coalition as Russians don’t wanna play ball and us fracking and sweet oil production and expansion is crushing the market prices, Russia and Turkey are at tensions with each other that could result in conflict. If you are holding gold good for you, it will fall a bit as companies sell there position to cover there losses to get cash in their accounts. Silver and gold will continue to climb higher as gold/silver ratio briefly touched 100 which is a historically high meaning silver is really cheap as a relation to gold. History was made with a circuit breaker that was triggered at the stock exchange, meaning trading was suspended, along with a .75 rate cut incomming, and dont forget the rate cut that they introduced bedfore it actually was announced oops. meaning we might hit 0 percent fed rate. Which means the market if it does stabilize will have no ammunition to stop the further stock decline, negative interest rates are a deadly possibility but unlikely. Stocks could drop 50 to 80+% from top hold. I will have more info for you all as the events become more clear keep cash. coronoviris is the the pin for the bubble maybe. enjoy ur week and if you didn't see this coming.that's a shame
will update gold/silver soybeans maybe som other stuff too
Thank you
- MR MR