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You may want to sell any stock in the solar and wind energy areas. I imagine government subsidies may come to a halt. Might even be a good time to buy fossil fuel stock, could be on the rise.
Life's hard when you're stupid
When the government came to take our guns, they knocked on the door. After our guns were gone, they never bothered knocking again - Holocaust Survivor
I was thinking about this very thing earlier today.Originally Posted by Big E3
I have a heavy investment position in oil transportation. It has been pretty shabby lately, but it is now really looking up!!!!!
Silver lost $1.22 on Friday, very strange unless people are selling silver and gold holdings to load up on the DOW and other fiat paper markets. 10-year Treasury up to 2.15, now I'm REALLY happy I did that re-fi a couple months ago.
WTI and Brent are under $45, VIX has been all over the place maybe due to the uncertainty in the election.
Trump's EPA guy Ebell is GREAT, now maybe the government will stop wasting our tax $$ subsidizing stupid wind energy bullshit. I have no idea how the oil markets will react, maybe OPEC will continue to use their monopoly to drive the US oil producers out of business.
Last edited by roberth; 11-13-2016 at 10:11.
DOW closed at 19,000+ yesterday, gold and silver are down today. Oil is down a little bit too but still over $45. Interest on the 10 year Treasury is at 2.39, up nearly a point from when I did my re-fi.
India trying to screw itself.
I like sex, drugs and automatic weapons. That's why i'm a dues paying member of the Libertarian party. Struggling to keep the government away from messing with the above.
My Wife has her own vice.
I bought silver, go figure. Gold was down $41 this AM, but has recovered. GSR is still way too high for a conversion. Gold is always the end game.
Per Ardua ad Astra
And I've been dragging my feet on a refi due to 2017 job uncertainties...
fack
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Credit TFOGGER : Liberals only want things to be "fair and just" if it benefits them.
Credit Zundfolge: The left only supports two "rights"; Buggery and Infanticide.
Credit roberth: List of things Government does best; 1. Steal your money 2. Steal your time 3. Waste the money they stole from you. 4. Waste your time making you ask permission for things you have a natural right to own. "Anyone that thinks the communists won't turn off your power for being on COAR15 is a fucking moron."
http://www.wsj.com/articles/opec-dea...und-1480481281Crude futures surged Wednesday on reports that OPEC plans to reduce its output by more than 1 million barrels a day, a cut that many market participants say could be significant enough to push oil supplies below demand levels sooner than expected.
https://www.bloomberg.com/energy
Pump price will go up. Maybe we'll see a jump in domestic oil activity.
Last edited by roberth; 11-30-2016 at 08:54.
We have 3 rigs by our house at this moment. One is freaking loud too.....
I saw the headline about oil going up, and as always, I'm like "Shit. Higher pump price" but at the same time up in Weld county we have so many rough necks that it would be good to see them working again. It seemed like it only slowed production and didn't stop it completely.
Sounds like OPEC's plan to bankrupt the U.S oil companies hasn't work'd and they figured they'd try to drive the price up a bit.
Last edited by bryjcom; 11-30-2016 at 09:04.
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https://www.ar-15.co/threads/20783-F...nd-replacement
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