❇️ OIL CRASHING BELOW ZERO!!! RECESSION AND DEPRESSION A POSSIBILITY! 😲
If you haven't heard the news as of yet, Oil Futures dropped to a whopping -$40 per barrel in the markets today. Yes, that isn't a typo, its a minus forty bucks!
With the Economy all going straight down the shitter in the recent weeks with the pandemic, Unemployment, Stocks, etc... etc... the Future does not look so good.
We are straight going into a recession and a high possibility of a depression that can last for years. I'm no way negative, just starting real facts and numbers.
However, with all the bad news, I'm still very optimistic! In the next couple of months or years, people will be able to buy tons of these assets on the cheap.
The best thing one can do right now is just to prepare themselves for the worse.
How does one prepare themselves?
Pretty simple, with everything going to shit... many people must use this time to start saving cash and start learning new skills such as trading, investing, real estate, or anything that one can see that will have huge value when we do recover from this turmoil years from now.
I'm planning to start investing into some of these assets on the HUGE DIPS and on things that believe will have huge gainzzzz in 2021 such as oil, precious metals and cryptos.
I have no plan to do anything as of now because the volatility is pretty insane and I can see more massive losses in 2020.
If you are interested in trading these assets like oil, gold, silver and cryptocurrencies... I've been trading on PRIME XBT. So far, so good!
The cool thing is that one can create an account for FREE with no KYC at all.
So if you are planning to get some major Gainz in these assets in 2021, I would recommend to Open a PRIME XBT Account For Free Right Here.
Keep on STACKIN! 😎
~ Charles Fuchs
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Hey Charles,
I admit that I was kind of calm until now - but your post here rings a bell.
Stay safe friend and thanks again for the thumbs up
Greetings from Greece
Things are getting nuts :)
Oil futures going below zero makes sense to me really.
Oil continues to be extracted, because it costs a lot of money to stop, conserve and then restart oil rigs, from what I read.
Storing oil without selling it bears its costs too. Is it more than $40 per barrel per month? Normally I'd say certainly not, but what if storage capacity becomes a premium?
We will certainly live interesting times... In Chinese, that's a curse. :D
Crazy times man.... crazy times lol
This is the opportunity to invest and make a plan for future, when everything will be fine then it could be a wrothfull for you.
A lot of stuff is going to be bargain basement pricing so I'm preparing for that.
The Gubment has propped up the stock market for now but the April numbers are going to be extremely fugly.
We can see deflation in everything in the short term. oh shit lol
Please use tags that accurately describe your post. This post has NOTHING to do with "hive"
Opps, i read it somewhere that you can. Thanks for the heads up
I hope our government stack some oil for future use and earn some money in doing so!! LOL
The governments has failed us once again lol