/biz/ - Business & Finance

>>49584243
Unless the economy is going to go into a depression I just don't see oil demand dropping fast enough to account for the third largest oil producers oil no longer being accessible. Sure. Dip is in the books. But even in a recession I don't see global oil demand dropping nearly at a rate that means oil isn't going to continue higher. Unless it does but then I think we're more fucked than you and I can even comprehend. Bullish for gold if you're expecting that scenario I think

>>49584274
Man I just don't think anywhere in the world has the capacity to meet this. If the west 360'd on their green energy shenanigans NOW and signaled a favorable shift on oil for the longer term do you think we could bail ourselves out of this mess by 2023 or are we basically fucked? I know they won't but it's a thought experiment I've been having as to if trump would be dealing with this better or not

I'm sure it will be fine. I rolled over a leap into a small position in UUUU so I'll live I am sure.

On paper Schiff is 110% TECHNICALLY right, which is the best kind of right of course. Gold is mooning right now not bitcoin (which is really price at zero INTRINSIC value, the same with government fiat)