Besides Metals & Crypto
I have a few oil plays.
I believe oil will in USD terms double from here over next 18 months or less.
Inflation is part of the reason along with the Biden Admin actions which will lead to America not producing nearly as much oil.
I’m in these three oil companies
All three pay 5% plus dividend
So at least I get paid while I wait👍
Anyone agree? Disagree?
Let’s talk about it
Well, if oil prices double soon, you'll need all the profits you can get from your trading - because all prices will skyrocket then. Fuel, heating, but also food and all sorts of stuff are influenced by oil prices.
What that finally means for shares... I have no idea. Its obvious that the stock market is completely detached from the reality. Even if the oil companies are stone broke the shares may be up, who knows. I guess you could might as well try your luck in Atlantic City - its about as safe to bet there, only its more fun. :)
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Check out my post after this for my take on markets. It’s the bond yields telling story
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Agreed 💯
Inflation also is finally coming. It’s finally going to show up even in government stats.
Hey man how u been?
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People don't understand how much we depend on oil in making products and the fuel needed to transport food and cargo ships from China to get products to Wal-Mart & Amazon
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It seems everyone left here. I’m on Hive more
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Inflation is the Black Swan in this whole event.....the FED will be powerless to combat this trend......the money wasted on the Green Economy will lead to power black-outs. Rising XLE prices, for the group will lead to lower Dividend yields, but you won't care as the shares will continue to rise........Russia is the play, if you could get your hand on some petro companies over there.
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