Unchained Preppers
General Category => General Discussion => Topic started by: JohnyMac on February 14, 2022, 10:05:56 AM
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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.
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Good current petro prices.
Current as of posting.
Nemo
https://oilprice.com/
3 days ago WTI Was about $89 and Brent Crude $91.
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%