fwiw im sitting on 90% cash I have already sold IBIT, ANET, NVDA, MSFT, GOOG and everything else that was good last couple years, started moving into OIL stuff last few days, see how that works out. Here is my portfolio:
not sure if anyone noticed or if anyone cares, but first portfolio is stacked with oil companies, if you look at WTI it needs to get over 75 for those positions to pay off. But I am long as fuck OIL right now and getting longer.
Canada oil is really expensive to produce if i recall. Its a call option. I don't know much about Greenland except its a good place to see the Northern Lights.
Yeah they call it "western canada select" it trades at a 20% discount to WTI because the government in our country has fucked us
if I recall it’s a different type of oil that’s hard to extract and doesn’t refine as well as wti or the sweet kind.
might be accurate, but at the same time you just pointed out another problem, we produce Oil here then send it to the states to refine it...... Not sure which state your from but if you convert dollars per liter into dollars per gallon, somehow you guys pay half the price to gas your car up while we are the ones producing it.