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re: Is "smart money" piling into oil once the calendar flips to January?
Posted on 1/22/17 at 8:55 pm to GREENHEAD22
Posted on 1/22/17 at 8:55 pm to GREENHEAD22
quote:
It will drop again.
signed,
every commodity over time
1
Posted on 1/25/17 at 6:00 am to RidiculousHype
So far in 2017 I put a small portion into energy, but none of it American owned companies. There's one Permian shale operator on my to buy list. In general all of my purchases have been international. A small fraction was in a domestic REIT.
In 2016 most of my investments were outside USA as well.
In 2016 most of my investments were outside USA as well.
Posted on 1/25/17 at 4:43 pm to Fat Bastard
agreed.
SO many people are ready for oil to be back at $60 again so the shale production is profitable. Once that happens supply will keep it right there. I dont know that we'll ever see 100/brl ever again.
I bought some 2018 USO Leaps, just waiting for the cash register to ring.
SO many people are ready for oil to be back at $60 again so the shale production is profitable. Once that happens supply will keep it right there. I dont know that we'll ever see 100/brl ever again.
I bought some 2018 USO Leaps, just waiting for the cash register to ring.
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