Target price anyone?, page-61

First 61 Last

Share
Profile

Follow
Teddyward

10,082 Posts.

1069

06/08/20

00:30

Post #: 46333822
Share

Originally posted by Devilmaycare: ↑

We are speculators and what is normal common sense doesn't always follow with what Mr market does.
Google tells me this " Wars typically increase demand (militaries need a lot of energy) and threaten supply (shipping oil becomes more dangerous, and access to oil fields is limited). The results of higher demand combined with limited supply is almost always higher prices.".Prior to the oil price war, WTi was approx $50 a barrel US, so i am expecting oil at some point to get back to $50 a barrel.
Gold just hit a $2000 a ounce (all time high) and Iron ore is $108 a tonne, high to long term prices.
IMHO, we are in a commodities super cycle, because China are back in production and the US chose to not shut down. Wonder why???
I am expecting in the current climate for oil to catch up because its my opinion AND OSH to benefit.
DYOR

Expand

I'm just wondering why not just buy oil futures or options and get direct exposure regardless of country with leverage thrown in.?
Picking a macro trend and then picking micro leverage buy buying individual stocks all with added development , cashflow finance management and country risk. just doesn't seem to fit the bill.

OSH Price at posting: $2.98 Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

AII

A new NASDAQ listing for a key player in the global critical minerals space

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

HotCopper Highlights: Trigg; Droneshield; Lumos & more

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

DRO

History repeats for DroneShield investors but carnage so far subdued

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

First 61 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Target price anyone?, page-61

Top Stories

A new NASDAQ listing for a key player in the global critical minerals space

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

History repeats for DroneShield investors but carnage so far subdued

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Featured News