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

To: Fiscally Conservative who wrote (201947)	6/16/2021 3:59:07 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 206085

The quick recovery of commodity prices back to as high as they were a few years ago (way back in 2017 when the US economy was racked by convulsive waves of 2%+ inflation) will certainly turn out to be far less traumatic than many recall that era being. The global economy will continue to improve as vaccine availability increases. China will clearly need to re-vaccinate as the vaccine they first rolled out is ineffective and failing in spite of continuing strict infection controls. Things are looking good.

To: Fiscally Conservative who wrote (201947)	6/17/2021 3:17:55 AM
From: elmatador	Read Replies (1) \| Respond to of 206085

FED'S POWELL: WE BELIEVE THESE ARE TRANSIENT FACTORS THAT WILL FADE AWAY, BUT THE TIMING IS UNCERTAIN. Oil spike short term because people are back on the road Added the effect of the Colonial pipeline stoppage. Gasoline spike because people and trucks are back on the road. But there are projections of prices going up Maglan Capital President David Tawil is expecting an " oil crisis within the next three years" due to "incredible" demand and pressure on the supply side. The energy expert also said he expects oil prices to hit $100 per barrel before the end of 2021. My take? Oil and commodities in general will go Lumber https://www.siliconinvestor.com/readmsg.aspx?msgid=33363421