I am now down almost 2% for the year. I took a moment to celebrate this lunacy by nibbling on yet more BAS, for $13.50.
All thanks and praise to the mighty Saudi’s for the wondrous occasion…
No, really though, who do you think Saudi Arabia’s super speculative intentions are going to hurt more? The United States? Or Venezuela, Syria, Russia, Iran, Iraq, Brazil, Nigeria, Algeria, Libya, Egypt, or Yemen?
Cool story: if you’re a country even close to revolutionary upheaval (or just strangled by an ill thought out safety net), the actions of Saudi Arabia are a death knell. And if there’s one thing we’ve seen pretty conclusively, it’s that countries that get tipped into a state of open revolution or political upheaval see their oil production drop…sometimes all the way to ZERO.
So let’s play chicken, you little shits.
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nice work MCT. liking the AH action. I was tempted to buy more today as well, but couldn’t pull the trigger
what happened AH?
If you’re looking for super long term investments then this is a great opportunity to buy solid oil names.
But we need to punish those evil Ruskis by blowing our own feet off and fucking world stability even more in the process. Truely its like watching the second cold war, except this time retards are at the helm of America and the clout with your ‘allies’ is non-existant as evidenced by the non-stop snubs and go fuck yourselfs in the foreign policy arena.
Should be really interesting to see what the House of Saud does when you don’t send American children to die to fight their proxies in ISIS.
Dear Sir: I am now in the BAS train with you at 13.06. Good luck to us both.
This is getting absurd.