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- ZanzibarFX commented Nov 21, 2015
Yeah...Oil profit margins are getting thinner as competition grows and supply increases.
- ZanzibarFX commented Nov 21, 2015
Short selling in stocks is very risky...Combine that with reckless money management and you get a formula for bankruptcy
- ZanzibarFX commented Nov 21, 2015
The advances in technology of electric vehicles and the fact that some developed countries reliance on oil in generating power has dropped dramatically ( i.e: Denmark) puts down pressure on oil prices specially on the long term.
- ZanzibarFX commented Nov 21, 2015
Oil reaching 20$ per barrel isn't a far-fetched possibility after Iran's statement that they don't need permission from OPEC to raise their Oil production. Oil is still in a strong long-term downtrend.
- ZanzibarFX commented Nov 21, 2015
The Gulf countries are gonna be hurt so bad by this move; Oil is their main source of income...I hope this decision by Iran doesn't lead to a new war.
- ZanzibarFX commented Nov 21, 2015
Another oil war is coming...I think OPEC may try a counter move. If they don't, oil is gonna be cheap as fuck...Maybe 15-20$ Per Barrel
- ZanzibarFX commented Nov 21, 2015
It's a voluntary recall as they need customers to bring their S Model cars for inspection in Tesla's inspection centers to make sure that their seat belts are working properly...I totally respect that decision from Tesla as they put the customer's ...
- ZanzibarFX commented Nov 18, 2015
Terrorism leads to investors' fear and panic...So, a long term downtrend (risk-averse mode) is expected to last for at least couple of years...And never forget that France's war on terror- and soon the whole EU members could launch attacks too on ...
- Posts by Member Search: 'ZanzibarFX'