More Pain To Come... Whether we like it or not..
China's supply chain has just about ground to a halt... Just ask Apple, any automotive supply company, any Australian food producer..
Very little is going out, if anything, and very little is going in... And we still have over a month of hardcore restrictions....
Talk it up as much as you like, but the simple fact is there will be ramifications for months... Not days.... End of story.
Add to this the fact that Coal has all but been killed by the greenies in the major investment circles and now they are coming for Oil and Gas..
1) https://www.nationalgeographic.com/science/2020/02/super-potent-methane-in-atmosphere-oil-gas-drilling-ice-cores/
2) https://www.theguardian.com/environment/2020/feb/19/oil-gas-industry-far-worse-climate-impact-than-thought-fossil-fuels-methane
3) https://www.nytimes.com/2020/02/19/climate/methane-flaring-oil-emissions.html
GLTAH
Price action, page-557
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$1.26 |
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