SPDR S&P 500 (SPY): Na. Oil would be in the toilet without...

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Re: Schneidku40 post# 332661

Monday, 11/30/2020 10:55:17 AM

Monday, November 30, 2020 10:55:17 AM

Na. Oil would be in the toilet without massive national subsidies, and a global cartel trying to control prices. That is not supply and demand.

There is a reason you can't just find gold laying around anymore...there isn't any.

People think that a resource that is no longer available "easily" on the planet earth...in less than 200 years will lose value?

THAT is supply and demand!

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