Its Expected if the USD keeps strength up until early November oil could be around the $30/35 mark and gold the $1800/1850 mark. ( assuming OPEC doesn’t step in)
If Biden gets in and the stock markets crashes(perfect excuse for his great reset plan) the USD will spike up as a safe haven.
If Trump gets in, USD should peak and starting dropping again all the way to May 2021 down to the 88 mark which should push oil in the $50/$55 area including the increased demand from Airlines/Transport/Shipping.
So I would not be surprised to see WPL drop down to
the $16 buy November but by May next year could it could be back around the $24 mark.
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$29.21 |
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21 | 9858 | 29.200 |
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2 | 541 | 29.180 |
Price($) | Vol. | No. |
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29.230 | 4766 | 36 |
29.240 | 17992 | 30 |
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