Long Position on Silver and Gold?

[MrPrena]

I was saying this since late 2019,and seems like I am still the minority.

https://www.cnbc.com/amp/2021/06/07/...inflation.html

Deutsche Bank warns of global 'time bomb' coming due to rising inflation

PUBLISHED MON, JUN 7 2021 12:49 PM EDT
UPDATED 3 HOURS AGO

Jeff Cox
@JEFFCOXCNBCCOM
@JEFF.COX.7528
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In an out-of-consensus forecast, Deutsche Bank is warning of a potential crisis coming from inflation.
"The effects could be devastating, particularly for the most vulnerable in society," the firm's economists said.
Most on Wall Street and at the Fed see inflation is a temporary problem that will ebb as special factors fade away.

[BushMasterBoy]

I wonder if we will invade Venezuela. Seize the oil fields and instill a US type democracy. Largest known reserves in the world. Especially if Iran fields the bomb.

[arbol]

We have the world's largest reserve of Natural Gas, along with Petroleum Reserves (due to fracking) to last a very long time.

Venezuela, continues to have no interest to us.

(I was born in Venezuela)

[arbol]

Do you remember when Jimmie Carter was President, and he would cow tow to OPEC?

Now, Oil and Gas is a commodity produced by the United States, thanks to the Oil and Gas Entrepreneurs and innovations like fracking.

We should be expanding on this, leveraging the cheap cost of energy to drive innovation and quality of life improvements for all people, just like cheaper energy has always done.

But no, now "fracking" is under fire. Drilling is under fire.

Cheap, clean, energy is the goal and they won't have it.

Oil and Gas, is cheap, clean, energy.

[BushMasterBoy]

Oil imports have dropped admittedly since 2005 was 60%. AF1 flew a real unusual pattern today on the way to the G7 Summit. I have never seen a circling pattern, ever. Usually Air Force One get priority over everything in the air. Even in the UK! Open Skies Treaty has been abandoned.
AF1 left RAF Mildenhall and flew almost to Scotland to get to airport closest to G7 site. It circled around over the south coast of England but, remained in the edge of the ADIZ. It took the long way there to say the least.

https://www.americangeosciences.org/...ort-and-import

https://www.msn.com/en-us/news/world...d=winp1taskbar

[MrPrena]

I really liked when Oil was $14/barrel last year. (of course it was -$28 for few hours too).