Same argument they used in 200

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badumdum
2022-07-14

Same argument they used in 2008 - supply and demand. Price went right up to USD150 and crashed subsequently. Why? Speculation. That's how the price in the futures contracts get bid up. Russia produces only 13% of the entire world supply. And price of oil just more than doubled from pre COVID levels and went up to USD130 before simmering a little? In any case, we shall let the price action determine where this will land. Stage 3 moving into Stage 4. If history serves right as a reminder, this is not going to look pretty.

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badumdum
·2022-07-14
just in case you were wondering how steep it is likely to fall.
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Golobee
·2022-07-15
[smile]
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Tiongsquare
·2022-07-14
Ok
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suresh11
·2022-07-14
ok
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SuccesInvst
·2022-07-14
💪
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ZenInv
·2022-07-14
Smashing drop?
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- badumdum:
  see picture above
  2022-07-14
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Ysw16888
·2022-07-14
啊
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Sherry0000
·2022-07-14
👍🏻
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Mivecs
·2022-07-14
Keep it up
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Harry S
·2022-07-14
[Smile]
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