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Goldman: OPEC Should Not Extend Production Cuts
On Sunday, OPEC and non-OPEC producers got together and discussed some things.
Specifically, how th
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SPX=$2200….GS=?…..$100…..GLD= ……..$2000? thanks
When someone offers “free gambling money” addicted (most) companies will take it (duh). Remember what your dad used to say “if someone offer you $$$ take it fool”. Whose $$$ is it these pigs at the trough are offering anyway, just a hint (TOOO BIG TO FAIL). Just keep those junkies addicted and the “status quo” continues, until it DOESN’T. Warning: “Ditch Approaching”. Remember you all can’t exit at the same time, it’s a small door about to get smaller.
What could possibly go wrong:1/less fuel needed 2/record high inventories 3/greed 4/cheating on pull-back 5/greed 6/cheap $$$ (to keep already dead companies alive) 7/more greed 8/more pipelines 9/full retard. “Looks good mom/pop investor, big yield, you’ll make a fortune, it’s an oil field”. Give me you $$$$. As dad use to say………….. Stay nimble folks.