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Alias Born 03/26/2020

Re: None

Thursday, 03/26/2020 11:47:10 AM

Thursday, March 26, 2020 11:47:10 AM

Post# of 5880
The oil price under $50 is going to more quickly help wipe out all of the scam shale oil plays that created the "glut" of oil that most people don't realize is not at all the same as the light sweet crude that this country primarily depends on. Technically speaking, I see oil back to $50 within 4 years, although I really believe it'll be within 2 years. I also believe oil will be back to all-time highs within this decade.

As far as I'm concerned, this balonavirus has created possibly the last best opportunity to invest in ridiculously cheap oil. I guarantee there's some big players on Wall St. that are buying cheap futures contracts a few years out and are already shopping for their new sports cars and mansions. JMO