should be on operation update thread not charting thread.Oil is...

should be on operation update thread not charting thread.

Oil is flying and Biden/Democrats will spend Trillions of dollars in stimulus for US economy. They will keep spending until full employment is reached. They control both house's now and that is the key here for me. This means higher world growth going forward and more money will flow into hard commodities this year. Iron ore and Copper are flying now and Oil is taking off. 88e is well placed and this election result in the US will see money printed at a rate we have never seen before. 88E got very lucky with the democrats winning control of the Senate. We all know here how much democrats/labor like spending money but the truth is it must be done in the US such as the problems Covid has created for so many. As we saw on Friday on asx small cap all oil gas stocks are taking off. XST , NWE , TPD , 88E were all flying. Money is flowing into this sector just as 88E is about to drill . That is perfect timing and in a market like this i have seen stocks prices do crazy things. If they make a discovery in this current enviroment with all this stimulus money looking for a place to invest then you can add 50/100% onto any gains you thought possible a month ago. Ive been investing 30 years and the current enviroment with zero % interest rates combined with 10's of trillions of dollars being printed globally by federal/reserve banks means one thing - that money will need to find a home eventually and it is pouring into the stock market . That is one reason why bitcoin is flying . That money has sent Iron ore/Copper flying and oil is next. its bad news for gold IMO short term as long term interest rates will start to rise and gold dosnt do well in this enviroment. That is why gold sold off last night IMO. Good luck long suffering 88E holders its a perfect storm we are in at the moment and with a bit of luck from the drill bit you may yet be handsomely rewarded. Cheers