/biz/ - Business & Finance

>>18429136
I’m not a commodities trader, that’s a good way to get your face ripped off by a bunch of hedge funds and pajeets. My advice? By a ton of stock in any super majors (Exxon, Chevron, Shell etc.) and any independents you think have a good balance sheet and will survive (Marathon, Continental, EOG).

Then just step the fuck back and quit paying attention to oil. It’s gonna be rough for the next 6-12 months until weak players get shaken out and this coronavirus thing gets resolved. I think speculation either way (selling or buying) is fucking dumb, it’s such a volatile commodity. I wouldn’t be playing with anything that can violently whipsaw 15% in one direction in a matter of hours just because some goat fucker in Saudi Arabia said the wrong words.

Sup Bros, I am almost at 100 oz silver, looking to sliiiide into second base Platinum fractionals and then weasel my way into a triple play AU lockdown and wait for signals. 90 days, iron fists, maybe open a trading account, God knows! The good knews is, physical feels a lot better then magic internet coins, and even the government is getting a discount from contracts with (((university grads who tried to sell us tesla and we got steve jobs.

>>17443414
You just described my investment strategy to a T.

> acCOOMulate no matter what

Crypto, stocks, PMs, out of print vidya...I hoard it all like a sleeping dragon. People who do that always seem to come out way ahead. The patient fuckers