Hi Ho good neighbors,
On my Oil & Gas portfolio radar screen, its almost all red. Hate to say this, especially living in the heart of black gold country, but hoping energy prices drop some or flat for months to come. Hoping the Saudi will do as they say to flood the market with oil in order to stablize or drop oil prices some.
Think about this: who could profit the most from the recent events than the sponsors of the terrorism. With 'prior' knowledge, they could short all banking, airline, insurance, financials relate indexes, the dow, s&p, etc and load up on oil and gold futures?
I hope they get a margin call!
Where do these terrorist store their money? I hope in american dollars accounts in american banks, swiss banks, american brokerage houses, ....
That's it for me, enough 'I hopes' on a sleepless night. |