Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
Always a trade off.Originally Posted by bryjcom
The Sauds have to pay for their Yemen excursion, Daesh, their ongoing conflict with Iran, problem is that they're putting money in the pockets of their enemies too.
The US has been a net exporter of petroleum products since 2011. Our biggest recipients? Canada (20% of total exported petroleum products), Mexico (15%), Netherlands (5%), China (4%), and Brazil (4%), in that order.
We export more than 5 million barrels a day. I'm not too worried about the pump prices.
My Feedback
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Oil is up due to winter demand. DOW broke the 19,000 barrier. It is just the math of supply and demand.
Per Ardua ad Astra
OPEC just voted to reduce the future global supply, of course it will take a period of time to clear the current glut.
The DOW and oil are up due to winning. Non stop November winning. Are you tired of winning yet?
Get ready for more winning...
http://www.bloomberg.com/news/articl...t-every-sector
Yes, I'm sensing some bull propaganda too. I think the market will need to adjust to Trump and market rates but we'll have to wait to see how that shakes out.
Strongest dollar since 2009 too. WINNING!
Side note... Gold is not winning today and I suspect there will be some buying opportunities in Dec/Jan. If Trump is sincere in trying to peg the dollar to gold (or PMs, an impossible task IMHO) we might see a bump after the inauguration just on speculation alone.
DOW is approaching 20K, I guess they're calling it the Trump Bump. Oil was climbing but stalled at $55 a barrel. Gold is under $1150, silver is close to $16, both are up today. 10-year Treasury Note down to 2.57, was over 2.60 earlier this morning - http://www.marketwatch.com/investing...countrycode=bx.
the DOW broke 19,000 on 11-30-16 and today it broke 20,000 for the first time. It's been a lot of fun watching the 457 climb at such a fast pace. Winning is fun.
Laws aren't "preventable" measures. IOW, more gun laws won't stop mass shootings.
Bush's fault
The Great Kazoo's Feedback
"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
Market is down...Trump's fault. Market is up...Trump's fault.
Having a President that isn't a wishy-washy wimp....Trump's fault.
Liberals never met a slippery slope they didn't grease.
-Me
I wish technology solved people issues. It seems to just reveal them.
-Also Me
There is alot of optimism out there especially on the paper markets. Growth over the last 8 years was propelled largely by the artificial inflation of QE, now I think we're seeing these markets propelled by optimism and the hope for additional deregulation.
Very interesting times.
Gold is in the $1200s, silver is over $18. Oil just can't seem to break into the $56 handle, it hits $55 and change then drops back down.
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