Dow going pow again | |
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Grove Street (Redux 3.0)
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drax-o-logic
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Agent 99
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Anonymous Coward User ID: 79844162 United States 07/05/2022 10:13 AM Report Abusive Post Report Copyright Violation | It's a necessary adjustment based on the price of liquid fuel. The problem is structural and isn't going away this time. The "shale miracle" is just about petered out. They're on to tier two wells and investment capital isn't forthcoming. Supply chain and personnel issues. The global energy industry (according to the IEA) is $600 billion dollars short of the investment capital required to keep production FLAT 5yrs out. We are starting to see that investment deficit having an impact on retail prices....and it's just getting started. Buckle up. |
bigD111
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Agent 99
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ItsMaKa2
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Armchair General
The Only 5-star General on GLP User ID: 34626466 United States 07/05/2022 10:16 AM Report Abusive Post Report Copyright Violation | Wake me when it drops more than 1000 -Armchair General- "No man is entitled to the blessings of freedom unless he be vigilant in its preservation." -General of the Army Douglas MacArthur "I served in all commissioned ranks from Second Lieutenant to Major General and during that period, I spent most of my time being a high-class muscle man for big business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism." -Major General Smedley D. Butler, USMC - 1933 Pronouns: Sir/General/That Bastard |
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Anonymous Coward User ID: 79844162 United States 07/05/2022 10:18 AM Report Abusive Post Report Copyright Violation | It won't. At least not for a while yet, if ever. There has to be a SLOW GRADUAL decline so the international bankers pyramid base doesn't collapse. They aren't looking forward to going back to a hunter / gatherer society any more than anyone else, and they will string things along as long as possible. |
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Spinman
User ID: 81225314 United States 07/05/2022 10:19 AM Report Abusive Post Report Copyright Violation | I'm glad they've immortalized the retard puppet in his most coherent state. "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson Democracy... while it lasts is more bloody than either aristocracy or monarchy. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There is never a democracy that did not commit suicide. John Adams |
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DaveNKansas
User ID: 80646086 United States 07/05/2022 10:20 AM Report Abusive Post Report Copyright Violation | Fluctuations under 1K don't even matter with the overall size and volume of trading these days. It's all fucking Ponzi Scheme anyway, so why worry? Quoting: Zer0Krash There's never going to be another karsh again. They'll prop it up with smoke and mirrors from now until Doomsday. It does seem up to them doesn’t it. |