Unchained Preppers

General Category => General Discussion => Topic started by: JohnyMac on February 14, 2022, 10:05:56 AM

Title: Stock Market Starts Out In The Red
Post by: JohnyMac on February 14, 2022, 10:05:56 AM
An investor friend and I traded emails over the weekend. Amongst the usual email chit chat I asked him where we are right now concerning the market.

His theory is that the stock market for the next 4-weeks, will be on a roller coaster. His view is due to the Ukraine drama playing out; Consequently, more and more ? ? ? are moving from the EU into the American stock market. He believes that the US $$$ is the only safe haven at this point.

Looking at the market open today, (-500 pnts) watch it end the day in the black as EU investment houses buy low.

Then look at gold for the month. The lowest was $1,792 an ounce in week one of February - Today it is $1,867. Mmmmm I wonder who is buying gold?

Anyway, keep your eyes toward the US Stock Market and PM prices.
Title: Re: Stock Market Starts Out In The Red
Post by: Nemo on February 14, 2022, 11:41:28 AM
Good current petro prices.

Current as of posting.

Nemo

https://oilprice.com/

3 days ago WTI Was about $89 and Brent Crude $91.

Quote
WTI Crude ?    93.92    +0.82    +0.88%
Brent Crude ?    95.00    +0.56    +0.59%
Natural Gas ?    4.148    +0.207    +5.25%
Heating Oil ?    2.913    +0.002    +0.07%