[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:

View post   
>> No.29649634 [View]
File: 36 KB, 910x661, Inflation-Adjusted-Crude-Oil-Price-Feb-2020b.png [View same] [iqdb] [saucenao] [google]
29649634

>>29648968
>those bitcoin bagholder who try to convince you weimar hyperinflation is coming an CODE 010001110 will save your purchasing POWER LOL

Buy Oil retards.

>> No.21233010 [View]
File: 36 KB, 910x661, BFD6B852-F3B6-4D8E-A696-3C0580872EF4.png [View same] [iqdb] [saucenao] [google]
21233010

>>21232496
Feel free to look at any other graphs online

Oil has a tendency to go through long periods of drop and long periods of highs

By assessing the current trend we should be due for another period of high. Coupled with the fact that it is a finite resource, each high will be larger then the previous high (unless more natural crude oil deposits are found)

COMPOUNDED with the excess oil caused by corona, the price of fuel has dropped significantly, and in consequence investors have shied away from it, expecting the next pump to occur in the next 3 years.

What they don’t realise is that fuel (especially refined and once extracted) has an expiration date of about a year or so, this means a lot of fuel is simply going to get dumped. This will lead to a rapid rise in prices and in consequence a very high pump.

Navigation
View posts[+24][+48][+96]