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- 2dollardog commented Apr 11, 2020
No one is following the US's lead. That era is over. Trump is acquiescing to Russia's demands and using Mexico as some type of proxy, because the oil cartels have the US by the nads. It's not about oil production. This is about the petrodollar.
Trump says U.S. would cut oil production by additional 250,000-300,000 bpd
- 2dollardog commented Apr 11, 2020
I'm not an expert, so take this with a grain of salt. i've been wondering the same. I believe the massive amount of paper being printed and also the $$ spent by the feds to prop up a fake economy should create a hyperinflation scenario. On the flip ...
Trump: open to reshuttering economy after opening if further outbreak
- 2dollardog commented Apr 5, 2020
For DXY, what are we likely to see? Deflation, hyper-inflation or a mix dependent upon asset class? Note: Your responses should not and will not be construed as investment advice. Entertainment purposes only. The market looks as confused as I am ...
Euro-to-Dollar Week Ahead: Charts Tip Losses Ahead but Virus Slowdown Could Save Day this Week
- 2dollardog commented Apr 5, 2020
Good points. Thank you for that. Just one thing: it's a sinking ship and a lot of that printed cash isn't going to land where it is intended. This is the same problem that got us here, but because there has been SO MUCH money most didn't care. Ergo, ...
Kudlow: Trump believes that Saudi Arabia, Russia have ended their oil spat
- 2dollardog commented Apr 4, 2020
And Putin wants the opposite before he'll agree to cuts. Important to notice that there was a brief stint of news whereby Trump was said to consider shutting the Oil rigs in the Gulf Coast under the guise of the pandemic. (People on the rigs were ...
OPEC+ meeting delayed as Saudi Arabia and Russia row over price collapse
- 2dollardog commented Apr 3, 2020
Right and we're talking Venezuela-style breakdown. Sure, the utility companies are mandated to stay on for residences, but they cannot operate without sufficient cash when no one can pay their bills. Then the water treatment becomes poor or non ...
Kudlow: Trump believes that Saudi Arabia, Russia have ended their oil spat
- 2dollardog commented Apr 3, 2020
Guess the US didn't get Putin's message. Forget the cuts. Buy the rumor. Sell the news.
Under the OPEC+ scenario, Saudis would cut at least 3 mln bpd
- 2dollardog commented Apr 3, 2020
However, the report stated that Russia is conditioning any agreement, saying it will be against the cuts as long as the United States doesn't join the efforts by other major oil producers. The meeting is set to take place via a video conference on ...
OPEC+ to consider 6M bpd oil output cut - report
- 2dollardog commented Mar 31, 2020
Go ahead and print more money, make empty promises. It's a sinking ship. Coming to you live from the territory of the former US of A
This is the time to do our long awaited Infrastructure Bill
- 2dollardog commented Mar 31, 2020
That is a VERY good question !!!
Putin and Trump agreed that there should be consultation on oil market
- 2dollardog commented Mar 31, 2020
How about that? Guess they were waiting for the demise of the US. Wow. What a time to be alive. Oh wait . . .
Putin and Trump agreed that there should be consultation on oil market
- 2dollardog commented Mar 31, 2020
I can't believe we're still having this discussion and that people are still confused. Of course a mask is helpful. The Chinese are not stupid. And math is math whether you're using a pencil and paper, a calculator or looking at news flashes on an ...
Don’t Fall for These Coronavirus Myths
- 2dollardog commented Mar 26, 2020
How much of the job numbers are already priced in?
Powell: only limit on Fed is the amount of backstop it gets from the treasury