Nowhere......Originally Posted by Dobe Mejuwa
Look China is FLUSH with money, they started trading Futures in March and April, and THEY ALONE are helping drive the price buy over purchasing Oil futures, with the idea of keeping prices artificially inflated.
https://www.bloomberg.com/news/artic...u-need-to-know
https://www.marketwatch.com/story/op...-go-2018-04-12
China is using the futures market to leverage against the United States Tariffs.........
I'm not a big gambler on commodity items like OIL, and I've only played the futures market once, and will NEVER do it again
https://www.marketwatch.com/story/op...-go-2018-04-12
From what I'm seeing, long term futures ( 6 months ) for crude look great. Actually a little cheaper than now. 1 and 2 year futures, even 3 year futures look even better. Barring any serious wars, or conflict, the future price in 2020 looks to be around 55/barrel, down 50% from now.
Folks WHAT happens in 2020..............
Bitch and complain all the hell you want, but if you want real answers, you have to look for yourself. PUBS won't tell you, DEMS won't tell you. They use YOU as a pawn in their effed up games.
Pay attention......
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