151 comments on $100 Oil - Open thread
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151 comments on $100 Oil - Open thread
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What it means to me is that my mfglobalfutures screen was covered with big green numbers at the close. HUZZAH!!! It might be TEOTWAWKI but I'll be drinking champagne in the microhydro bunker.
ya
also green were:
soybeans
eurodollar
corn
natural gas
wheat
don't spend it all on one sling pump.
Don't forget gold's all time closing high. (The legendary Jan 1980 $875 gold record was intraday.) Of note in 1980 the gold price peaked immediately prior to the proclamation of the Carter Doctrine which restored confidence in the petrodollar - backed by military threats. What can be said now that would restore confidence in the US dollar?
"We were just kidding - heres all your oil back" ?