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    The cure is worse than the disease

    It's mainly because the health care system in Canada and in US and hospitals cannot handle even 1% of the pop. needing hospitalization. each person on ICU cost $1000-$5000/day billed to the gov't intensive care cost more as you have specialist and other nurses monitoring the patient with tubes...
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    Buffet Selling DAL and LUV blocks.

    The businesses will still be operating after restructuring. companies cannot wipe out all their debt as bankruptcy judge won't allow it. It much better if companies could wipe out 100% of debt in exchange for new equity. its a much stronger company. As for the equity it ends up in share...
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    Closing UWT and $20/barrel oil

    One of the biggest oil ETF UWT on the market ceased trading on april 2, 2020 and been liquidating since end of march Now is the liquidation UWT reason oil crashed to $20/barrel and caused of the volatility in oil trading or was it cause by Trump meeting and saudi and russia deciding to pump as...
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    Oil contango and storage cost

    All these oil ETF that wall street tries to market to unknowledgeable retail investors lose money due 'contango' the roll over of contracts is 3-5% for rolling over contracts. ETF like UWT niave retail investors think they own oil when it's really just derivative or ETN mainly created for...
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    Why is long term oil price dropping as near term rises?

    Its because future prices have less volatility. The 'market' won't pay more. it's as simple as that. Why is December contracts even $38 and this month contract is $20/month that is amost 90% more.? $20 was a short term dip from very weak demand as a result of 30% drop in demand just this money...
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    Why is long term oil price dropping as near term rises?

    contango,, $20 only stayed there for 3 days. so it is irrelevant. I don't think anyone is actually going to deliver oil at $20/barrel. It's like natural gas future months is at least 50% of spot price. Utility companies hedge their natural gas purchases so they pay 'future price' Same with...
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