Oil Soars Above $69 After Goldman Hikes Price Target To $80
Ouch! And The Feds say their is only a little transit inflation,what a joke the system has really become.Old Joe is going to have a revolt on his hands before long in Congress. The Green deal hasn't even started it's taxation scheme yet either. Venezuelan times are coming for the average American. Just watch!
The $1400.stimulus package is not going to be enough to keep we the people happy with Washington D.C, Monetary polices with inflation very long.
serf
https://www.zerohedge.com/markets/brent-soars-above-69-after-goldman-hikes-price-target-80
As a result, Goldman is lowering its OPEC+ production forecast by 0.9 mb/d over the next six months... which as demand rises of course means that prices will go up sharply.
Comments
It is kind of a no-brainer that after the economy crashed and took oil prices with it, because of no demand, that it would rise with economic improvements and increased demand. I hate to say it but you could blame (credit) this on Trumps operation warp speed and the economy bouncing back faster than expected. It didn't take my economics classes background to figure it out. Bob
Well it should have been a easy call for an investor. Look up johnny bravo on you tube he has a program for seering into when to hold and when to sell and even buy.
The only problem is when Biden shows his hold card to the prince in Saudi Arabia.
serf
Gas up almost a dollar since Joe manned the pump😡