"Oil could get to $88-93 but I doubt it could get much lower, at least not in the very short term."
Oil stocks already experienced a bear market from where I cautioned back in April.
Just like BTC has fallen to $20k from $50k where/when I cautioned.
China in a tight spot now (GDP going to drop to 1.2% or less) and more lockdowns won't help the energy market, USD reigns supreme won't help commodities.
The caution has materialised /delivered. Typically a few months later. No more arguments.
- Forums
- ASX - General
- Its Over
Its Over, page-13543
-
- There are more pages in this discussion • 9,143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)