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  1. #1
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    Quote Originally Posted by Dobe Mejuwa View Post
    Wow where us it $4? I guess I’ll fill up before I vacation there
    Nowhere......

    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 . Made a **** ton of money doing that, but man oh man, the opportunities to lose your AZZ are pretty great.

    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......

  2. #2
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    What the market will bear

    If you don't like high gasoline prices, don't buy it! But if you want entertainment, or leisure then pay for it. You don't NEED a 19 ft fibre glass boat and a 4 wheel trailer to go fishing, but if you want it, go for it.These are choices and freedoms we have, but the greatest freedom we have, is to sit down and birch about something we have no control over. It happens! So stop and think, do I spend now, and ignore the future. or cut back now and yearn later? I've never seen a brinks truck in funeral procession, or a string of lawyers at a paupers funeral.Even that old saying" no one lives forever" has been changed with advances in medical science. IF YOU CAN AFFORD IT.

  3. #3
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    Quote Originally Posted by kygorski View Post
    If you don't like high gasoline prices, don't buy it! But if you want entertainment, or leisure then pay for it. You don't NEED a 19 ft fibre glass boat and a 4 wheel trailer to go fishing, but if you want it, go for it.These are choices and freedoms we have, but the greatest freedom we have, is to sit down and birch about something we have no control over. It happens! So stop and think, do I spend now, and ignore the future. or cut back now and yearn later? I've never seen a brinks truck in funeral procession, or a string of lawyers at a paupers funeral.Even that old saying" no one lives forever" has been changed with advances in medical science. IF YOU CAN AFFORD IT.
    Well said! Great time to buy a more gas efficient aluminum boat http://www.fishin.com/forums2/showth...aluminum-boats

  4. #4
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    Quote Originally Posted by kygorski View Post
    If you don't like high gasoline prices, don't buy it! But if you want entertainment, or leisure then pay for it. You don't NEED a 19 ft fibre glass boat and a 4 wheel trailer to go fishing, but if you want it, go for it.These are choices and freedoms we have, but the greatest freedom we have, is to sit down and birch about something we have no control over. It happens! So stop and think, do I spend now, and ignore the future. or cut back now and yearn later? I've never seen a brinks truck in funeral procession, or a string of lawyers at a paupers funeral.Even that old saying" no one lives forever" has been changed with advances in medical science. IF YOU CAN AFFORD IT.
    Double edged sword...........while I completely understand your sentiment, I definitely don't want to outlive my savings.

    I will continue to have "fun" and spend what I can, but I will continue to save until the day I retire......and then hopefully , I will then travel the world with my wife.......who knows......

    I can afford a whole lot more than I do now. I could easily go out and buy a new boat and truck. might hurt a little, but not bad, but why? My current boat and Truck do just fine, and the 1000/month I'd pay in payments for those two toys sure ain't worth that.....

    Like I said, I don't know........

    Later,

    Geo

  5. #5
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    Quote Originally Posted by GeoFisher View Post
    Nowhere......

    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 . Made a **** ton of money doing that, but man oh man, the opportunities to lose your AZZ are pretty great.

    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......
    And Just like that...............Trump, guarantees high gas prices, and higher gas prices through the end of 2021......Probably higher in 4-5 years......

    The Iranian Sanctions pulled a few million barrels a day off the market. This guarantees the Dakota fields are flush with money......guarantees discovery of new oil is profitable...........GUARANTEES we pay more.

    Look, I like Trump, and I think he's doing a bang up job, AND the sanctions against IRAN are correct but expect gas prices to climb dramatically.......

    Here is a future chart:

    Capture_1.jpg

  6. #6
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    Why oh why

    Will we ever learn, we are sticking our noses into another countrys business again. This hasn't paid off that well for us before. If we blocade the straits of hurmus, then russia will open the pipe lines to iran. The enemy of my enemy. is our friend, is pure bull sh-t!Just how successfull wetre with iraq,. the syrians are NOT going to follow the Lybian protocol At present we can't really hurt china with raising tarrifs, I thought you were a free market supporter.Those places that accepted american jobs[they didn't steal them take them by force], the american companys went there.The corporations sold america down the drain, our workers didn't choose to lose the jobs sent over seas.
    Likes waterdog101 liked this post

  7. #7
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    Quote Originally Posted by kygorski View Post
    Will we ever learn, we are sticking our noses into another countrys business again. This hasn't paid off that well for us before. If we blocade the straits of hurmus, then russia will open the pipe lines to iran. The enemy of my enemy. is our friend, is pure bull sh-t!Just how successfull wetre with iraq,. the syrians are NOT going to follow the Lybian protocol At present we can't really hurt china with raising tarrifs, I thought you were a free market supporter.Those places that accepted american jobs[they didn't steal them take them by force], the american companys went there.The corporations sold america down the drain, our workers didn't choose to lose the jobs sent over seas.
    Iran is killing Americans.........pure and simple.

    I am a free market guy............but more of a FAIR market guy, and clearly they are not fair.


    Sanction the eff out of them......

  8. #8
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    Hate bringing this up again, and again and so forth

    WE made Iran our enemy!Another example of un thought entanglements] WE deposed a duly elected leader in Iran, brought back a dictator[shah of Iran] trined the killing squads that took out opposition, and instituted a state police force that was just as brutal as the SS in germany..These aree facts and can be looked up if you care to do the digging.We backed a dictator in cuba for the american sugar interests. We trained the police who killed american missionarys in central america.[iran contra]because we claimed they were communists and the domino theory was in jepordy[enemy of my enemy]. while we deny it, it's possible we also caused part of the argentina tradedy. You used to bring up our fore father, remember 'avoiding entangle ments
    ' these are things that happened, and as usual, are being slowly forgotten. But who cares, it's just another empire building ploy we deny.Many of these woes also involve corporate interests and economic plans. I lived in america, when no one doubted it wasn't great, and we had the right to a free unbiased press and media.Were being fed a bunch of sh-t, and we worry about the white stuff in chicken sh-t forgetting its just crap.
    Likes waterdog101 liked this post

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