Dow at 15500 by close.
This cancer is finally burning to the ground.
Go spend your hard earned Euros in Russia, da, da tovarisch. Devushkas, parties, CHEAP STUFF!
it all makes sense. a new great depression... the happenings in Germany will let a new Hitler arise...
PREP FOR WWIII
The real question is why aren't all you out there buying as many barrels of crude oil as you can fit in your garden shed? Heading to my local crude shop tomorrow to stock up to be desu lads.
The only thing that will rise in Germany is Mehmet dick during Cologne Carnival.
It already is... kinda
The oil markets are on edge with oil sinking into the $20s per barrel. And last week we reported on one place where oil is already trading in the single-digits. Canada’s bitumen is selling for just $8 per barrel.
But even that rock bottom price is higher than what one oil seller earned for a shipment recently. In a bizarre turn of events, Bloomberg reported that Flint Hill Resources, a refining unit owned by the Koch brothers, said that they would purchase sour crude from North Dakota for $-0.50 per barrel.
That’s right: a negative price. Oil has become so depressed that producers are paying buyers to take oil off of their hands.
>Danes are so poor they have to pass a law to steal watches and money from immigrants that are L I T E R A L L Y fleeing a warzone
Euro markets are down more than US markets percentage wise
Technically they gross more than you do, and get more accessible services like education and health care with their income. :^)
me and all my friends are doing this
When australia turns into mad max world we plan on calling ourselves The Crude Brood and we will run the crude oil raquet and smash peoples heads in for lookin at us funny.
should be a laugh
Sold all my Dollars just in time. I just bought $120k worth of Roubles. Russia please don't let me down.
I remember my first time coming to /int/, people kept telling me one very important thing: "Never trust the writings of a Finn"
And I've followed those words blindly, for they have avoided me pain
Yes with oil and gas prices so low and the Russian economy performing so strongly you're sure to be in for a windfall. Be sure to mitigate your losses by investing in Syrian dinars and South Sudanese goat anuses
I don't even want to look at the numbers right now. Probably a sea of red. It was only 15,000€ or so, a few weeks back.
Thankfully, I still have 39167,39 € deposited in the bank, so not everything is lost.
now all we do is await till the jews create another false flag operation 2.0
I bet they're going to blame it on china this trime
I made 5000$ when rouble dropped just after crimean liberation I bought a lot of them, couz the currencies of such huge countries/economies are guaranteed to bounce back after a bit of sanctions
It's impossible for the Rouble to go any lower. I have faith in the oil market rectifying itself eventually.
Please someone make a thread on /biz/ with the link of his post.
>It's impossible for the Rouble to go any lower
Good thing our economy isn't completely dependent on oil like Russia. Which means low oil is a net positive for us since it lowers the costs of operation in every other sector. With Iran's access to new markets and increasing shale production oil is likely to stay low for a long time and it hasn't even hit the bottom yet. Betting on a petro currency is literally retarded.
I hope you're ready to be making a LONG long-term investment. We now have high shale-production with levels still increasing, Iran entering the market, and renewable energy and higher fuel efficiency displacing demand. The rouble will be falling for quite some time and when it does go up it'll take years for you to make any determinable profit off that. If you're not meming you really fucked up anon.
Sad thing is he isn't joking. He's a Russian living in Finland that constantly posts about Russia being stronk and America doomed. Why do you guys think he's shilling so hard about the American economy collapsing?
unless the russians are getting ready to make a hit on the rothschilds and rockafellers and others that have sway on the market the jews will make sure US fiat currency stays internationally on top.
These are the results of those measures of the Chinese government interfering with global trade. This entire situation was going to happen sooner or later but the volatility made it a bit unpredictable
>They also forced the head if their stock exchange to resign.
Didn't stop the situation from making it even worse.
You need to fire your financial adviser or at least hire a new one. Oil hasn't come close to bottoming out and neither has the rouble. You bought too high. Also oil prices "rectifying" will not be happening in the near future. Now you've tied all that money up when you could have put money in a number of things with a much quicker return on investment. You might as well have buried it in the back yard for all the good it's going to do for you in the next 3 years.
>What is shale production adding entirely new oil sector
>What is Iran adding entirely new oil producer to global market
>Hurting the US
This helps literally every other sector in the US other than the oil sector. Are you retarded? The economies this actually hurts are ones dependent on it like Russia. US can be thankful for low oil since it will lower the cost of operation for every sector in the US and increase consumer confidence and spending.
I just cashed in $$$$big time$$$$ by jus sitting at home with a few mouse clicks a day.
Ask me why Im so stupid to tell you my secret.
Big bully Saudi got into a pricing war with non-OPEC US shale drillers and now that sanctions in Iran have been lifted the entire market is in a tailspin.
TL;DR: stupid camel buggers can't into market manipulation because they're so used to bullying oil producers into doing what they want
I'm sort of looking forward to Saudi Arabia sinking back into irrelevancy and tribal warlordism but then I realise it would literally be Afghanistan tier which is arguably worse.
I trade Dax and over the years have developed my own technique which makes me around $150,000 plus per year on just my safe trade. I have the lifestyle and the Leica camera with lenses and I certainly would not have gotten it without trading and taking risks.
My advise, don't listen to trolls.
>What are the politcal implications of this?
China will grow larger.
Starting with South Korea.
get ready cowboys
by the end of this week
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL
Please, don't be 2008. I need strong world economy to sell my cheap work and make decent euros.
Don't forget to buy canned goods and sugar.
>Might as well have invested in Bitcoin.
That's how I got rich in the first place. Thanks to /g/
I sure something like Goldman Sachs has major investments and bets for oil price rise and now that it's shitting itself they'd need another bailout. Its more fun to have a crisis with a clear collapse, not just a boring recession.
Yea. It's already hit under a dollar in some places. Oil will probably bottom out slightly above 20 a barrel. Good for us since this helps every industry in the US other than oil. bad for countries like Russia, Canada and Saudi Arabia that depend on oil for a huge part of their GDP.
>My car when I can start racing again.
>Amerifats pay 1.65$ a gallon
>I have to pay 0,99.7¢/L
I don't think so, we are getting Canadian oil for extremely low prices right now (I mean dirt cheap, a Koch refinery apparently was wanting money to take it off some firms hands because it would cost those companies more to store their product than to pay to get rid of it)