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Alias Born | 03/25/2006 |
Tuesday, March 31, 2020 7:49:41 AM
'Earl transport carriers getting blown up; captured for ransom; etc.
Refineries getting shut down for all sorts of different reasons ... cruise missiles the most recent in Saudi land.
Oil producing nations other than SA start selling ultra cheap oil for a short while to add extra pressure to SA to REALIZE there are forces to be reckoned with when push comes to shove. Saudia Arabia is no longer the "island unto itself" it thinks it is.
Bottom line in 'earl: "Once the price of oil gets driven down low enough and longs have their treasuries full of cheap shares, COUNT on a solution/s to move the price of 'earl back up."
Are we near that magic price?
All the doom and gloom news about cheaper and cheaper 'earl is nothing more than "fear mongering" by the deep pocket big boys who have played this game in 'earl since Ford needed oil to lubricate his Model T engines.
All have a wonderful day, and if you come down with CV-19, you can smile the whole time before you heal from it that you are going to make some good return on your coin if you bought cheap shares of 'earl during this downturn.
Oh - here's a P.S.: Think it's possible that Saudi Arabia (SA) shorted the chit out of 'earl a few weeks back with their billions before they made their announcement they were going to flood the oceans with 'earl?
The reason for global warming is because hell is getting hotter.
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