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 (160288)7/18/2020 1:07:15 PM
From: Haim R. Branisteanu  Respond to of 219995
 
Makes sense also from a fundamental point of view.

1. Mismanaged Covid 19 with increasing infections and lasting aftermath effects hurting general productivity
2. Low energy prices the US was a net exporter
3. The "fracking" industry on average needs WTI well above $45 per barrel and NG above $2 to 2.20 mmbtu
4. To stay afloat more paper money will be printed to inflate a very difficult economy.- therefore the USD will head south compared to other currencies.

IMHO a meaningful rise in price of hydrocarbons will not happen as there is tremendous inventory overhang and coal is dead.
New technologies of alternative energy are developing fast and we may witness the "holly grail" of fusion. Small fission reactors are also moving forward including thorium reactors with ample supply of thorium compared to uranium.



To: TobagoJack who wrote (160288)7/18/2020 2:01:18 PM
From: stsimon1 Recommendation

Recommended By
Snowshoe

  Respond to of 219995
 
If Biden wins and the Democrats take the Senate, higher taxes will soak up a lot of dollars. The U.S. Federal Governments has unlimited taxing power, as we saw during and after WWII.