[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

This Is The Median Home Price In Each US State Alex Soros Shocked That the Incumbent Political Order Is Being Crushed Around The Globe Beverly Hills Lawyer Disbarred Two Years After Admitting He Paid a Ringer to Take the Bar Lumumba: 'I am not guilty, and so I will not proceed as a guilty man.' Lauren Boebert Wins House Election After Switching to More Conservative Colorado District AIPAC Boasts of Influence Over Congress, Ousting 'Eleven Anti-Israel Candidates' Police Searching for 40 Escaped Monkeys After Mass Breakout from South Carolina Research Facility "You Don't Deserve Any Respect!": Steve Bannon Goes Scorched Earth On Democrats On Election Night Livestream Putin's ready to talk now that the mentally ill homosexuals have been brushed aside Trump, the Economy & World War III: Col. Douglas Macgregor Ex-Top Official Catherine Austin Fitts: Inside Trump’s Victory, RFK Jr., and the Deep State 10 Big Losers That Weren't On The Ballot Elon’s first day working for the Federal Government Senior Harris Advisor Deletes X Account As "Massive Scandal" Brews Over $20 Million In Campaign Debt Biden addresses the nation after Trump's election victory Top Foods & Lifestyle Habits To Make New Mitochondria For Longevity | Dr. William L Putin Shocks Israel Envoy In Kremlin With Pro-Palestine Speech | This Happened Next President Trump Should Revoke the Security Clearances of the 51 Dishonorable Former Intel Officials Who Lied Israeli soldiers are leaving Google reviews for Lebanese places they destroyed Israel bogged down in southern Lebanon: 50,000 soldiers have not been able to conquer a single village These are some of the most brutal jokes Gutfeld has ever told and Im loving every second! The Recession Of 2025 Will Be Backdated MORE MISSING MONEY, THIS TIME $41,000,000,000 AT THE WORLD BANK American Trump Supporter Gives Woke Brits An Absolute Mauling on UK TV. Elon Musk Just THREATENED George Soros & George COMPLETELY LOSES It! Radical Left Activates Anti-Trump Protests As AoC Riles Up Rioters Israel dropped over 85,000 tons of bombs inside Gaza since start of genocide Morning Joe: Dems Favorite Show, Blatant Pro-Israel Propaganda Biden Team Wants To Rush Weapons Shipments to Ukraine Before Trump Inauguration Israel Considers Attacking Iranian Nuclear Sites During US Transition

World News
See other World News Articles

Title: All Hell Breaks Loose On Russian Oil Embargo Fears:
Source: [None]
URL Source: https://www.zerohedge.com/markets/a ... e-oil-soars-139-gold-hits-2000
Published: Mar 7, 2022
Author: Tyler Durden
Post Date: 2022-03-07 01:14:23 by Horse
Keywords: None
Views: 77
Comments: 4

Futures, Stocks Plunge As Oil Soars To $139, Gold Hits $2,000

"Central banks are facing an exogenous stagflationary shock they cannot do much about."

Poster Comment:

Next week we will see higher pump prices. Food prices will be in for a shock until summer. Then food will pause for a few months before continuing its climb upward.

Post Comment   Private Reply   Ignore Thread  

#1. To: Horse (#0)

I'm beginning to wonder if Putin might have been factoring in the fragile US economy and dollar health into his strategic plans. Might be giving him too much credit, but... who knows?

Pinguinite  posted on  2022-03-07   2:09:01 ET  Reply   Trace   Private Reply  

The US government wants people to be afraid. That is why they close alternate new sources that tell the truth and exposes their lies that the minor police action in Ukraine where there is little property damage and a few people killed. Instead,it is described as a major war with cities demolished, tens of thousands killed, and million attempting to escape.

And, because people believe the USA lying media they are seeking safety by buying precious metals. Inflation will continue because the fed continues to counterfeit money. However, higher prices will be blamed on Russia.

DWornock  posted on  2022-03-07   2:32:52 ET  Reply   Trace   Private Reply  

This article, dated few minutes ago, indicates $7 gasoline is coming. www.investing.com/analysi...for-7gallon-gas-200619407

That is what I want to happen. That means inflation so my gold, silver, and platinum futures will make me a lot of money.

DWornock  posted on  2022-03-07   6:16:08 ET  Reply   Trace   Private Reply  

That means inflation so my gold, silver, and platinum futures will make me a lot of money.

Take a look at the chart for XOM. I doubled down on that in late 2020, @ $40 and change. The dividend yield was over 10% at the time. That's probably the best trade I ever made. At $86+ the yield is down to 4%, but that's still a wee bit better than the 0.01% Chase gives me or the 0.8% at the credit union.

(Edit) Looks like gas is running about $3.899 here. Highest ever was 3.689 under O'boingo. I went into Au & Ag hard around 2009/10 @ ~$900 and $9. I don't think I was ever out of the money on that, certainly not more than a few days IIRC.

Esso  posted on  2022-03-07   10:38:45 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]