Election is over: LONG OIL!!!!!!!!!!!!!!!!!
- Thread starter The Kin2
- Start date
Good points. In either case, I don't see the market crashing soon, and oil would have at least a few weeks of upside, if not longer.
There's more interesting news (there's been a lot of market moving news lately). China's planning to stop buying up so many US dollars... with their billion/trillion dollar cash and trade imbalance, they may well sink it into oil/gold (metals), and let the dollar rot (something Bush thought was a good thing for years). The consequences to us would be a lot of pain, even if the long term benefits are worth it.
That's going to change a lot of things. I'm still trying to figure out what myself.
There's more interesting news (there's been a lot of market moving news lately). China's planning to stop buying up so many US dollars... with their billion/trillion dollar cash and trade imbalance, they may well sink it into oil/gold (metals), and let the dollar rot (something Bush thought was a good thing for years). The consequences to us would be a lot of pain, even if the long term benefits are worth it.
That's going to change a lot of things. I'm still trying to figure out what myself.
Ouch. :eek:
Don't spoil their fun. It's all they have to hold onto is their silly little conspiracy theories, if you take that away from them, what will they have?
Unfortunately, the lack of follow through of their conspiracy theories will not stop them to jump on the next ones. The pool of theories is unlimited. Let's see what the next one will be.