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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (200493)3/9/2020 2:53:06 AM
From: elmatador1 Recommendation

Recommended By
isopatch

  Read Replies (1) | Respond to of 206192
 
No colaterial damages

Timely global stimulus for net consumers.

“Huge geopolitical implications. Timely stimulus for net consumers. Catastrophic for failed/failing petro-kleptocracies Iraq, Iran, etc - may prove existential 1-2 punch when paired with COVID19.”

?$20 oil in 2020 is coming,” Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures, wrote Sunday on Twitter.

cnbc.com

Governments that subidize fuel will have a big break.
Uber drivers, Airlines, Africans cooking with Kerosene, Thermal Diesel-fired power plants, Amazon supply chain, sea freight shipping you name it,

I see it as a huge tax cut for the global economy. Bob Furman is fuel his big SUV for Summer months cheaply

Owners of private jets are clapping their hands too,