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New lows intraday in futures markets on dow and s$p Looking at oil and where stocks and economies are headed. Looks like oil can only sustain these levels for so long. Consumers are.going to literally cut back on spending by a great amount since everything now is skyrocketing in price, oil surge will cause consumers to think twice about spending on unnecessary items and maybe even not book that trip they wanted to book because of the concern of where the economy is heading. And seeing nearly $5 gas and soon $6 and $7 dollar gas will cause great concern. Trust me oil is going to skyrocket and collapse, this is unsustainable!!!
the charts are uncannily similar. if it plays out similarly, $190 seems possible before a crash back to $75... edit: albeit clearly on a different timescale. everything plays out faster in the exponential age.
Hotheads including, the Neocons in Congress and retired US generals goading a no fly zone over Ukraine? Hacks say Putin is mad, out of his mind but, these Neocons are sane? All they want is the monies, no matter how many people get killed, including US troops killed and wounded? Remember the fake weapons of mass destruction in Iraq? How many innocent Iraqi civilians, US troops killed, not to mention the tens of thousands of US troops maimed for life with those powerful IEDs? These neocons of both political parties in the US, enriched themselves in Iraq and Afghanistan. This is just another opportunity to further enrich themselves. You think they care about the rest of humanity? Once the F-35 fighter jets of the US and NATO start flying over Ukraine, you better believe it that those S-400 anti aircraft missiles of Russia will be fired at them. Putin will use tactical nuclear weapons then, because he knows the US and NATO will put out their advanced weapons. He will strike first to show he is serious and for maximum damage. The nuclear warheads will be smaller but, the damage probably, 10x or 20x the current deaths now in Ukraine. Anyone who thinks you can just roll the Russians need their heads examined. Remember too that Putin already put his nuclear weapons operated by Russian forces on high alert.