Home Forums Hunting & Shooting Hunter's Campfire Dow Is Phuqked

DEAD CAT BOUNCE

OFF TO THE RACES !

They’ll probably take gold before they take a printout of my stock holdings. LOL.

That may be true, but it's not near as cheap as some people think. I'm of the understanding it's somewhere around $55 bbl necessary to run their economy without deficits. That's why I don't think it will stay in the $35 range....Saudi's lost their azzz big time the last time the price took a nosedive, when they were trying to break the shale producers. It was a miserable failure.

It will be a miserable failure again, but let them try.

You can woulda, coulda, shoulda out of your ass till the end of time. I’m telling you how it was, is and will be for as long as your ass points towards the ground whether you’re standing, sitting or laying on your back.

There’s too much Military activity going on to ease the situation.but it seems that our balance of trade has improved and being energy independent (for the time being) has helped a bunch too.

But it is what it is. Repeat, the whole world is awash in debt and it ain’t changing in our lifetime. Period.

Big problem is going to be when the virus migrates to computers and crashes the whole internet. Stand by.

Correct in that they want it higher to run their economy. However, the Russians backed out of some XYZ agreement to keep it at the higher number. Which the Saudi's didn't want to happen and they told the Russians you will regret the day you backed out. Knowing they can sell it cheaper than Russia and for a long time. Question is why did Russia want out at a higher price. Some of the thinkers say to disrupt American production when we were already dealing with the Corona problem. Cheap oil is definitely not in the best interests of our producers.

Eventually Russia will be compelled to join backup with the Saudi's. Until then, they are putting a hurt on the US economy because our companies can't compete at the current rate.

Addition: Who's side is Russia on? Trump can now say obviously not mine. Then who is in bed with who and maybe that is what he wants to be allowed to say come election time. Then again if the Russians want a weak America thay want Biden. Who is zooming who? The smoke and mirrors of politics....

Thank you very much for proving 100% you are totally incapable of discussing financials, derived straight from the government, when they are placed at your doorstep.

Dumbazz commie's have the same problem as you, they too run their mouths in their delusional attempt to project intelligence, while they make a complete fool out of themselves.

Spoken like a true idiot, who obviously too, can not discuss or understand numbers.

Funny thing about internet trolls with zero facts to support their claims....they ALL have diarrhea of the mouth.

Until you can present evidence you are capable of discussing financial numbers, the evidence proves you are the kook.

Elder at your church, aye?

Ah, what's the matter, you feel you aren't getting enough attention on here too?

How about showing the class you understand financials, and are capable of discussing them at a level above High School, or would that be Elementary for you, like all other idiots and trolls of your caliber?

I wonder if this troll will share his ability to discuss numbers?

Nah, same as the other trolls....

"elkslayer" cracks me the f*ck up!!

Now that's damn impressive.

I haven't read a briefing with the depth of intelligence you displayed, not to mention the effort you went to in your facts, details, and supporting data in well..........a long.......hold on, that's a lie........I have to tell the truth here...........I've never read such ignorance.

I'll give you this much Joel, you've got vagueness down to a science with your attempts to look intelligent.

Can you discuss numbers......that's the topic, numbers.....not trolling.

Buying time for those that are smart.

I saw quite the number of oilfield trucks out working in the oil field that is not shut down today.

Might be i saw even more around town today.

As for working oil all of the pump jacks are running a regular here in the REAL oil field.

Other than what i have seen i really can't say.

Ugg, wish Rick would flush the mentally ill on here.

Elk slayer,
Thanks to people like you it’s much easier to make money in our Capital Markets, thank you.
You don’t have a clue, you are definitely looking for one and may find it. Your love for our country is evident.
You seem plenty smart, just relax and do more homework.
Think Philip Morris outsmarting and sending Winston packing to Japan. Russia has their timber sold for the next 211 years, their only other exportable product of ANY size is oil/gas. Their current age of infrastructure to pull oil/gas from the ground, transport to refinery, storage capacity is nil and public education system is literally 1960. Who will win that pissing contest, Saudi’s just raised triple digits billions by selling 25% of National/Princes Family to idiots across the globe. Russia’s Ruble dropped another 10% this week.
There are only 2 fiat currency’s in this world, ours and the Eurozone. We both have debt out the wahoo, rates are down for a while. The 1.5 Trillion was needed ONLY because of the rules mandated by your lovely representatives in Washington, the Fed flushed money into the system to keep the rates low for quite a while and to provide liquids for the banks as small and medium size businesses had payroll coming and business had a very uncomfortable sudden slow down. Would you had rather had banks tell their business clients that their revolving credit line was going to be stopping immediately right when our economy was humming and business had just invested in expansion? I detest debt, hate it because people and businesses over extend. But only at nominal levels. But the innocent youth of families get whip sawed and employee families get hurt when jobs are lost. But credit is an awesome tool and needed for our type financial system, which is far and away the best ever created.
LIBOR( London Interbank Offering Rate), our current system for the basis for damn near all the loans made over the past 50 years is going away December 31 2021, it’s going to be a messy time as we convert every single loan in the Developed World to a T-Bill based system. Long term loans will most likely be unavailable as the Banks take tons of risks looking and loaning into a 30 year future.
I believe it’s time to borrow money in earnest for as long as you can get the bank to go.
But your evil Fed and Capital theory is untrue, you can find someone who going to poopoo everything that goes on worldwide, that’s doesn’t make them right. Nor do I think I’m right with all my beliefs. This particular subject I’m pretty knowledgeable about as I fight the damn Yankees every work day in this arena. And yes they are good at their job, but so Am I.

A elder in his church, member on his school board (99% of members are democrats), and professional internet troll. Now that's a damn strong resume if I've ever read one (That's a lie)......oh, and a business website that looks like a 8 year old created it, or was it a 6 year old, Joel?

Joel, do the other elders in your church know you're a professional internet troll?

Joel, remember what I told you back a few:



I could insult you some more here, and say I was lying when I told you how I thought you were intelligent, but I won't, you have done an excellent job proving that fact.....I knew you needed your head inflated, and I also knew you would suck it all down: hook, line and sinker (pun intended), so I obliged you there. All trolls have egos which need feeding.

Joel. let me show you what a TRUE CHRISTIAN looks like, even after you've been a professional troll to me. You need some sound business advice....your website sucks.

Your home page....scroll to the bottom, the wording on the bottom right runs off the page.

Attention to detail and first impressions are crucial to businesses, and most of the time, when people observe minor imperfections, they feel that same attention to detail will be delivered through their services or products they offer to potential clients.

Hey, Joel, go get your chit together, and stop being a troll.