/biz/ - Business & Finance

This is the calm before the storm for oil right? Is there a single reason to NOT expect an oil crunch here? Where the fuck is the oil going to come from? China is coming back online. Opec isn't going to increase production (nor can they). Anti oil Western policy endured that Western oil production isn't going to come back into play. Biden thinks that we can meet European natural gas needs (LOL). Summer is just going to be getting started because Europe is going to get fucking cold in the winter and why the fuck would we build on oil reserves right now instead of drawing down inventory??? Please tell me what I'm missing. How the fuck can oil not skyrocket to 140 by August? I guess if the economy recesses by August oil could go down as people lose their jobs and livelihoods and consumerism dumps but even then.

>>26216057
Can't have a currency that isn't owned and monitored by them, now can we goy? Don't want to end up like Gaddafi right?

>>24538959
I'm hope-coping for 25. Would back up truck.

>50 percent VTI and VXUS
>50 percent other etfs and individual diversified holdings

Is this okay?

>>24259382
Based.
>Paying taxes on crypto, imagine voluntarily letting the government know you own crypto.

Probably not much. I have 1000 link split split between celsius, nexo, and zapper in a yfi vault. Works out to 5 percent apy I bet so that's really only 600 usd a year. I did just move 5050 of my savings in usdc to blockfi though for their BTC bonus so that will add up as well. 125 dollars of BTC plus whatever I get in interest is a no brainer for me.

Meanwhile I also am getting a bank bonus with first bank and bank of America by January for direct deposits that I just immediately transfer back to my bank. Pretty low effort for a guaranteed reward.