Take a look around US economy is in shambles, the 10yr bonds yields are at all time highs (do you know what that means?) Business foreclosures are at all time highs, the housing market is imploding, the US dollar is dropping, banks are sending warnings, last week Target sent warnings this week it was Walmart and there’s plenty more. The UK is in the same boat. It was reported that 10k millionaires above exited the UK this year alone and the govt seems to think it isn’t a problem!
The EU union is in shambles too!
Unless you’re not following, the world is headed into recession and this means that crude prices will plummet.
Do a bit of digging and you’ll learn something instead of looking at my Linked-in profile looking for some dirt to dig up!
ROG Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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