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wasoxygen · 3024 days ago · link · · parent · post: Sell everything ahead of stock market crash, say RBS economists
I was slow in getting around to offering double-or-nothing on the bet, and was a bit unnerved to find just now that oil has lost another 23% since the first ten-year term ended on December 1. Does "gloom and doom" now mean dirt-cheap energy, instead of sky-high prices? It's always gloom and doom. I wish I could buy shares in gloom and doom.I have a hard time with the gloom and doom oil scenarios. There kind of is a price floor for oil, in that it's not going to drop below the cost of producing the cheapest oil.