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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (1039794)11/21/2017 1:45:44 PM
From: zzpat  Read Replies (1) of 1576942
 
Look at the price of coal. It's around $40 as of a few minutes ago. It peaked around $90. While poorer countries like India are expanding their coal imports most of the world is cutting back on imports. The problem is oil.

The world sees how easy it is for the US to put sanctions on Iran and cause prices to soar. Their economies can't handle the insanity that comes out of Washington (Bush and Trump). They believe Trump or Saudi Arabia will start a new war to force oil prices to $200. What we also see is the world moving rapidly away from all fossil fuels, especially with the numerous announcements of the elimination of ICE (internal combustion engines) in most European countries.

These things take time but watch the price...
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