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If you believe that, buy some futures. I'll put my money in a savings account. Let's see who does better. Supply of oil is artificially constrained but complet
by nostrebored 2y ago
If you believe that, buy some futures. I'll put my money in a savings account. Let's see who does better.
Supply of oil is artificially constrained but completely necessary for the QoL that we're used to.
Electricity prices for charging will much more than 10x to support a significant fraction of the population using EVs.
- whatever1 2y agoIf you sell me the said futures I will happily buy because nobody else sells. Hint to not go bankrupt before you decide to sell me, check the average current costs per barrel for the giants like xom and cvx. This is the price floor.
- nostrebored 2y agoYou can absolutely buy crude oil futures. Even as an individual investor.