Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We have world supply issues through lack of investment in new oil, we have the UK China and the USA using reserves to quash the price. Opec cannot produce the increases in production they promised already. And some of you think there will be sanctions or somehow Russia will turn off the taps ? Are Goldman Sacks or JPMorgan selling ? How about no. I doubt if Russia will invade if they do oil will go higher until the conflict is over. Despite what the media and the polititians say the world runs on oil and will continue for years to come. Electric cars and wind farms are not green and not the answer but politically they look like they are doing something because guess what every 4 years they need the morons to vote for them
Hi, here is something I thought you might find interesting: - https://uk.investing.com/news/commodities-news/jpmorgan-sees-oil-hitting-125barrel-next-year-150-in-2023-2522110
Its got nothing to do with climate change , there is no climate change, the sea isn’t rising its not getting warmer. If this was the case then Obama would not have bought a multi million dollar mansion on the coast at Marthas Vineyard and last week Bezo bought a 78 acre plot on Hawaii Virtually at sea level. This is about the fiat money system is collapsing and the top 1% want to replace it keeping them at the top while the rest of us share our wealth with the third world . The middle class is being wiped out
Pre 1981 buy backs were illegal because the companies were borrowing cheap money to buy back and increase the value to which their bonuses were based. I personally don’t think it one or the other as more relevant would be whether to pay down debt instead. This may be a huge error in the coming year if interest rates rise significantly
The only thing this can be is in the new world order making money off money will not be tolerated especially on oil shares as they are the bedrock of pensions. Look at the buys v sells ? Who actually decides on the price because it has nothing to do with trading