SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (154530)3/17/2020 3:41:31 AM
From: Dr. Voodoo  Read Replies (2) | Respond to of 219648
 
Aramco is still in oil business? I thought they are in sold stock business. Maybe now buyback business rolling perpetual option business just getting into full swing. Seems good hedge, if wagering on XOM



To: TobagoJack who wrote (154530)3/18/2020 12:19:39 AM
From: Maurice Winn1 Recommendation

Recommended By
pak73

  Read Replies (1) | Respond to of 219648
 
Floods of cheap oil are great for economic action. Instead of wasting $thousands on airline tickets and petrol people will load up on Qualcomm-powered mobile Cyberspace devices.

It's a very good thing if Saudi Arabia, Iraq, Libya etc give me and billions if us lovely cheap oil.

Amusing that crashed oil price crashes companies that don't need oil anyway.

Also amusing that gold zooms as oil crashes. Gold is made out of oil so look out below on gold price.

US$ is not dying despite 0% interest and dilution by peta$bucks. Oil crashed shows US$ has plenty of life left in it.

Meanwhile Tesla in trouble because nice cheap oil makes horribly expensive inconvenient electric cars unattractive. Especially as there's no evident CO2 problem despite decades of over-wrought assertions by the Mann Made Warming cartel of "Settled Scientists".

Gerry-mandered computer programmes are not proof of Global Warming and Greenhouse Effect. Actually increasing mid troposphere temperature increase was the scientific test = failed.

Mqurice