FAR 1.98% 49.5¢ far limited

Stop Losses scooped up, page-8

  1. 2,314 Posts.
    lightbulb Created with Sketch. 593
    "As a matter of fact, if oil is low low low, the other industry will be going up and up cause of low transport cost, energy cost etc. "

    Are we there yet? No
    Will we get there? Not tomorrow.
    Lets face it. Oil is part of the world order. Collapse would possibly lead to war. War cannot be conducted without oil. We seem to look at the OP as if nothing is happening in the back ground.
    I have no doubt, it is being discussed nonstop by the people affected by it (everybody) and a resolution will come. It is not that you can turn off the money supply and we all smile.
    I very convinced of the OP going up to $ 80 in the short term (12 months). We have almost reached the bottom of the barrel. (pardon the pun) All state budgets are being affected. Just read about SA borrowing $7 bil a month. And all backed by oil an sand.
 
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