2022-03-07 at 4:21 PM UTC
Don't take any wooden nickels, meechacho.
2022-03-19 at 5:10 PM UTC
Brent exploded when Russia invaded Ukraine, then crashed from $139 to like $95 a barrel. Massive price moves. I'm still up money - I bought at something like $73, but I lost an unrealised fortune. It's moving back up now, about $106 or so. I think this move up will be slower, but more sticky.
2022-03-24 at 11:40 PM UTC
I bought a barrel of oil but I spilled it trying to drag it up the stairs now my landlord is treatning to call the fire department. Fuck oil
2022-03-25 at 11:32 PM UTC
have you tried snort or phelgm.
2022-04-09 at 8:04 PM UTC
The west are dumping their petroleum reserves to keep oil down right now. They're planning 6 months right now, they'll probably up that to a year. For those who don't know most countries in ZOGs orbit keep about 1-3 months of crude oil in reserve as a way of preventing their economy from being destroyed by a new arab oil embargo. The jedis never forgave the arabs for that.
The various SPRs do not exist because governments have foresight, or else food would be kept in reserve too, and that's just not the case. It's more or less solely a pro-Zionist gesture.
The exception to the rule is China, which stockpiles a lot of food, and is currently filling their SPR too.
Anyway, they will probably extend SPR releases. Brent is about 100 dollars a barrel, it might go to 130 by June, but I wouldn't count on it.
Energy companies are still a great buy, especially if you can get a margin account with an online broker. Some nice ones are the offshore ones, like Valaris and Tidewater and Northern Ocean, oil services companies like Schlumberger, Black Stone Minerals, Weatherford International, Total, etc.
You missed out on big moves in all these since this thread was created. The offshore companies are still amazing value though.
The next big action I see will be in tin, it's getting rare, and the producers are fantastically cheap. Zinc is also going to be hot shit. Copper is undervalued too.
Lots of other things have had their mooning, like Nickel, Palladium, etc. Uranium and gold are dumb memes, but will go up slightly too.
The following users say it would be alright if the author of this
post didn't die in a fire!
2022-04-10 at 1:11 AM UTC
Warren Buffet was asked why so few people copied his strategy and he was all like "no one wants to get rich slow".
This thread is kinda like that, except if you had followed my advice and sold at the right times you could easily have doubled or tripled your money by now.
But that's just not good enough.
2022-04-10 at 4:36 AM UTC
alright cool if those are all energy tickers I can buy them. MY broker has margin trading im just not too schooled in fancy finance kikery to utilize it
2022-04-10 at 4:44 AM UTC
Unless you use utterly retarded levels of leverage you will never make a decent return.
