Oil getting destroyed, down over 5% for yet another time thi

THREAD THEME
https://www.youtube.com/watch?v=Zx06XNfDvk0
WE ALL GOING DOWNTOWN

>almost the entire world is red
>dow down 500 points
> vix fluctuating between 15 and 18%

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>>61087511

>Oil and gas getting cheaper and cheaper
>All oil/gas states like Russia, IR, KSA are getting BTFO!

>>61087794


Oil is going to hit $28.xx today and fall over 6%

already at $29.11

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>>61087794
>kek in chief is nowhere to be seen

>>61087873
YOU ARE NOT PART OF EUROPE

Norway up in flames.

sooo will that mean , Merica will get out of our countries , will not invade and kill innocent ppl for fake reasons just to get oil.

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Guys if we get a 2008 style crash Trump will walk into the Oval Office.

>>61087511


OIL IN FREFALL

$28.86

OVER 6.5%

>>61087994
t.islandape

>>61087920
isnt there some sort of deal involving iranian oil thats going to go in effect/enging thats going to flood the market even more any day now too? i wonder how low the loonie is going to fall. god im probably going to die of a heart attack or something by the time ill be able to afford real food next

DOW DOWN 520 POINTS AND FALLING

WHAT THE FUCK

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>>61087511
It's over

Oil is kill

>>61088327

brent is sub 29

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>>61088327
DAMN LAST TIME I SAW A CHART LIKE THAT I WAS AT A JEB BUSH MEETING

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https://www.google.co.uk/finance?cid=983582

DOW JONES GETTING HAMMERED IT'S ALMOST LEVEL WITH CHINA'S %

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vix up 20% and climbing

>>61087511
When are Iran and Saudi going to go at it?

Tankers sinking in the Gulf would change this dynamic pretty damn quickly.

>>61087511
https://www.youtube.com/watch?v=rdhNkv4ryuM

trusting the jew
get what you deserve
serves the jew loving boomers right

>Some years ago we bough lots of insurance for this shit.
>Leftists and liberals shitting on the government, calling it a waste of money.
>We are safer than most oil producing countries now.

Feels good to be in the right side of history, conservatism.

>>61087511
Oil going to ZERO. Bernie getting elected. And everything is FREE!

The future is looking better all the time.

>>61088746
Oil is crashing because Iran will start flooding the oil market with cheap oil next week. The sanctions on Iran are due to be removed next week via the Iran nuclear deal

It's just amazing the crash didn't happen last year. The Fed Bubble is amazing.

The reason it's amazing is that the majority of low IQ shithead people didn't notice it happening or didn't believe it.

Muh bailouts, QE, and 0% interest rates are such a good idea instead of reform. Centrally planned economies are historically so effective. Of course it's not a bubble.

>>61089510
All of this from a 0.25% rate hike and some issues in China....

Inb4 0% rates & QE4 this year.

>>61089652
It's because people are too stupid to look at the statistics that actually determine economic outcome.

They are extremely easy and simple but the majority of predictions are based on variables that have no effect.

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Game over.

>>61088889
fucking losing it here

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>>61088673
oh I know..

*Rubs hands*

WE NEED A FALSE FLAG IMMEDIATELY
9/11 PART 2 NOW
IRAQ WAR NOW

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>>61089789
kek

>>61087511
Got dammit. I should have listened.

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>>61089789
>EXTREME FEAR

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>be american
>pay $2/gal

feels so fucking good man

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Would somebody please bomb the fuck out of Saudi Arabia already!??!?!

>>61087511
I COULD HAVE STOPPED THIS

>>61088889
HAHAHA THAT DUDES REACTION YO HIS LOST PEPE WAS PERFECT

>>61087511
https://www.youtube.com/watch?v=qsMc-IswG3w

ADVISE CLIENTS TO PUT MONEY IN CANNED FOOD AND SHOTGUNS

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>>61090555
>>61089789

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>>61089510
kek

Don't worry, I'm sure and old jewish lady will be able to keep the largest asset bubble since the dot com bubble going indefinably thanks to her crack team of old political hacks and ex investment bankers

because as you all know, the more you distort financial markets, the more stable they get :^)

t. Paul "always wrong" Krugman

>>61089789
Warren Buffett says:
"when others are fearful, be greedy"
"when others are greedy, be fearful"
Start picking stocks to grab for a bargin when the market falls.

>>61091081
or houses.....Australia's bubble >.> >.> >.>

Wait why are low oil prices bad, isnt that good thing? Everything is getting cheaper right? It may be bad for some competition but most of us should be good?

I bet half of you faggots dont know why is it bad, you just repeat what media tells you.

>>61090563
>be californian
>pay $3.50/gal
feels fucking terrible man

>>61091357
It's a sign that demand is plummeting. The economy is collapsing. Nobody is buying anything, people are staying home. Yeah, gas is cheap, but so what? Retail is dead.

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>>61087511
Why tho?

>>61091535
>be Californian living in NC

$1.80 and about to get some BBQ and sweet tea

>yfw iranian sanctions end and the market is flooded even more than it already is

>>61091647
couldnt it be because they find more oil??

>>61091994
No, the numbers in the retail sector don't lie. Just today Walmart announced it is shutting down 262 stores and laying off 16,000 workers.

>>61091357
plenty of the worlds big players rely on oil, when the price falls things go to shit in those countries for obvious reasons, and when the big players start tanking you bet your ass theyre going to take everyone but the most isolated markets down with them. cheap gas wont save you when the atms are empty

>>61092347
goes down for obvious reasons
> Faggot didnt explain
GTFO

/biz/ is going insane over the stock market right now. I wanted advice about starting a crime scene cleaning company but 70% of the threads are everyone flipping the fuck out.

>>61092596
are you literally fucking retarded? take a wild guess as to why a countries major source of income being slashed dramatically and growth grinding to a halt, if not worse, is bad for an economy

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>>61087511
>tfw we'll be getting soon starving russian refugees jumping our borders from the total destruction, poverty and cannibalism.
Can't wait for mad max with snow.

>Volatility index up 22 percent
HOLY SHIT GUYS SHUT IT DOOOWN

>>61093223
Of course it's volatile, it's oil.
Why do you think it explodes?

>>61092183
This guy gave resonable answer
>>61092946
You are 12 with no understanding in Economy.
If Gas is cheaper everything should become cheaper because its energy used on daily base for everything basically.

When something is cheaper it means there is more of that product but in normal circumstances its vary good.
If tomorrow we found unlimited ammount of gas we would be richer and everything would be cheaper retard.
Its only as previous guy say ITS only INDICATOR that people dont buy anything and oil companies just want to sell surplus...

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GERMAN STOCK MARKET IN FREE FALL
WE WELTKRIEG 3 NOW

What's the lowest oil can go realistically?

>>61093199

Poland will be able to reclaim Kaliningrad and drown the Russians there. That will be nice.

>>61093432
The other guy has a point though. It may not be all bad for a country like france but you can bet your ass Venezuela is going nuts over the oil prices.

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>>61091535
>living in california
Why not just go all the way and move to North Korea?

>>61093381

At least you tried

>>61087954
He made a statement today that he was upset people were getting upset and told people to stay positive.

>>61093626
> Poland
> reclaim German clay
> re
Don't you have a toilet to clean, Radzek?

>>61093199
Build fence. Taking a horde of migrants for a country your size is suicide.

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Drudge:

RETAIL COLLAPSE
WALMART TO SHUT 100S OF STORES
DOW -450

'Recession worse than '08 coming'...

Puerto Rico 'in midst of economic collapse'...

'Suspicious Substance' on Capitol Hill Sends 8 to Hospital...

Ebola death in Sierra Leone hours after WHO declares outbreak over...

Paper says govts need prepare for catastrophes like Yellowstone eruption...

>>61093911
Jesus fuck does this nigga think life is a fuckin Sesame Street episode or some shit

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>gas still $2.99/gallon as it as been for months

>>61093619
Not much lower. Countries that use expensive extraction techniques are already barely making a profit.

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>>61094554

We Peak Oil (temporarily) now.

>>61094554
except for Iran which will triple their exports in 2 weeks.

>>61087873
and everyone told me I was wrong to buy a Mustang and to just get prius instead. Speed limits being raised in TX all the time, new highways, cheaper gasoline, absolutely toppest of keks.

>>61093681
I used to live in California.
Denbts land is better.

>>61088146
I think even Obama wants to kill domestic oil, even if it means killing the incentive to buy "green" energy for now.

The fools, domestic production will find a way to survive and adjust.

Domestic production will not stop unless there is a truly more efficient means of getting energy.

>>61088136
You are not part of Europe.
T. Weedman

>>61088055

who do you think all that middle east oil is being sold to?

>protip: it's not USA

>>61094226
What the fuck are you talking about?
Gas hasn't been above 2.10 here since last June. And that's only at places where assholes are price gouging for profit

>>61088746
At which point president trump unfucks domestic production, allows unprecidented drilling, and oil stays fairly cheap anyways.

Ironically cheap gasoline is the only thing making Obama's term sufferable, despite his attempts to raise gas prices domestically and hinder drilling.

Fuck that. Oil WILL bounce back one day.

I'm off to spend my entire life savings on 1 year crude oil call options.

>>61089056
Bernie cuck would just tax oil until solar and wind and shit is "cheaper" and all our cost of living is raised up the ass.

>>61095864
I live in Hawaii mate

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https://www.google.com/finance?chdnp=1&chfdeh=0&chdet=1452885166667&chddm=30&cmpto=INDEXDB:DAX;INDEXDJX:.DJI;INDEXFTSE:UKX;INDEXEURO:PX1;INDEXSP:.INX;SHA:000001&cmptdms=0;1;1;1;1;1&q=INDEXDB:DAX,INDEXDJX:.DJI,INDEXFTSE:UKX,INDEXEURO:PX1,INDEXSP:.INX,SHA:000001&ntsp=0&ei=ikSZVvSkLcameO7vpcAG

>>61095922

Have fun sitting on it for years

>>61087511
HOLY FUCK STOP SUPPLYING OIL

>>61091749
Just be a dear and never vote democrat

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>>61095922
>Iran sanctions getting lifted so they can flood the markets
>Oil war to kill Russia's exports
>Soon to be completed Syria-Turkey pipeline (what do you think ISIS was there for, silly?)
Please go ahead, i really do need that liquidity of yours

>>61096030
>1 year call option
>sit on it for years

he'll lose the little money he has on premiums

>>61096107
I bet I have more money in my bank account than you

>>61089510

the things happening in the oil market have fucking nothing to do with the federal reserve

All of this could have been predicted before the financial crisis when a shitload of money was being invested into increased oil production in response to high prices and innovations in American oil sector were just beginning to take off.

Changes in China's economy away from energy intensive heavy industry and into more services and consumption could have been predicted too

>>61095441
This is great, all this means is, IF oil suppliest are to tap out anytime soon, it will be our enemies and competition who run out first.

We would have the technology to sell for them to use alternatives, AND the oil to sell if they want more.

>>61096179

Enjoy losing that due to bad investments and premiums.

>>61087511

God bless ISIS!

>>61096213
Oil prices are low because of Saudi Arabia price fixing to fuck over the competition. It will bounce back.

>>61095922
I wont yet, but soon. Then if there is a big happening and it jumps, sell for quick profit.

Many have this idea though

>>61096107
SHUT THE FUCK UP SWEDEN, LET THE BOTTOM PICKERS GET SLAUGHTERED ALREADY I NEED THE FUCKING LIQUIDITY REEEEEEE

>>61096264
faggot.

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>>61090563

fucking commies

>>61096328

S-sorry..

yes guys but the fucking dip you feel me? BUY BUY BUY BULL MARKET SOON!

>>61096264
Actually isis raises prices, attacking oil fields ultimately slows supplies even if isis tries to sell some of it down the line

>>61096179
>"i have more stuff than you" argument

stay classy, merifat

>>61096315
It wont come back the same, as soon as it raises, US production will wake up.

They can't kill western oil permenently, they'll just get good at hiring temporary workers and setting up automated systems.

>>61096357
He is right you know
Syria-Turkey pipeline. The tldr of it is that in 2009 a fuckton of oil and gas was discovered in Lebanon, a pipeline was needed to supply EU, Assad said no cuz Putin told him so, Assad gets rekt by US funded ISIS

Assad is now rekt, Putin has no more balls, Iran gets sanctions lifted, ISIS no longer needed, pipeline gets built, we swim in oil nao

>>61088204

DOW JEWNES

>>61096328
Idiot. I would never put actual money in the stock market. I give these kikes enough of my money.

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Iran is about to have all trade embargo's lifted and get into the oil market feet first hitting the ground running.
Saudis are scared as fuck.
Fracking has massive growth.
Shale and tar sands massive growth.
Canadian loony tunes collapsing.
China market hanging on by the strings of their inflated savings of 1 billion workers being pumping into the selloff.
It is OGRE.
Buy ammo. buy guns. Prepare and brace for national civil unrest in whatever country you are in.
Bread lines, rioting, looting, rapes and murders will be everywhere.
Starvation, mass disease and bad water, sickness and corpses will be the bad thing. Fires burning out of control. Power out. Meanwhile friendly people on financial news television are trying to keep things calm until the very end. Everything is fine! Buy more goy! Make profit it is fine!

>>61096431

Found the turk!

>>61090563
>>61096363
>be swede
>live in stockholm so dont need car

Thank fucking fuck, 70% of the gas price are taxes, price doesn't move because oil goes down > taxes goes up.

>>61096528
You started it by implying I was a poor fag.

>>61088970

Laffin as I type, bro

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>>61096431
>Actually isis raises prices

Okay buddy, keep gobbling those OPEC lies

>>61096213
Hey you stupid piece of shit.

>the things happening in the oil market have fucking nothing to do with the federal reserve

tell me where in my post did I even mention oil you stupid fuck

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THE RIDE IS ENDING.

>>61096597

That would be me, and I never implied you were poor. I said you would lose whatever money you'd invest plus some of the money not invested on premiums, seeing as you'd have to sit on those call options for a long itme.

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>>61096357

>implying I'm wrong

>>61087511
YOU STUPID GOYS KEEP BUYING THE MARKET IS CORRECTING EVERYTHING IS FINE YOU STUPID IDIOITS EVERYTHING IS STABALIZING AND IS FINE JUST KEEP BUYING AND INVEST IN ISRAEL YOU STUPID GOYS ITS A BULL MARKET THE DOW IS AT 2000000000 PINTS AND CLIMIBING JUST BUY THE DIP AND THE FED WILL LOWER INTREST RATES YOU CAN TRUST ME GOY BUT YOU MUST BUY NOW AND INVEST EVERYTHING CHINA WILL HALP YOU DONT WORRY.

>>61096831
I wonder who's behind this post

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>>61096213

Oil is low because everyone realized alternative energies are becoming competitive

The old low IQ idea was that Oil would only grow in value as time went on. The truth is that technology and innovation btfo that idea.

Saudi Arabia and everyone else realized Oil is actually going to be shit soon and not even worth taking out of the ground. The only rational decision in this situation is to just pump as much as possible before oil is worthless.

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>mfw all those oilfield workers who were always talking about how much money they make and how hard they work or how college is for babies
>mfw they are now begging for mcjobs

>>61095922
>my entire life savings
The whole $278? Dude ...

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>>61090563

>Slavs opened a station across the street from some PooinLooians
>Every day they fight to lower prices
>Filled up at 1.90 yesterday.

And this is in Taxachusetts.

>Capitalism will die in our lifetime

I can't see it ending any other way anons

>>61096628

It does make sense. How many of the same countries would be more inclined to now trade oil with ISIS, rather than the regime that previously occupied that land?

As consequence, there is less oil being funneled in to the global market, therefor increasing prices.

>>61096909
>>
>>>
>>>>>
>>>>>>>
>>>>>


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Also, efficiency wise, electric cars are much more cost efficient than gas.

The only thing holding them back is 1 breakthrough in batteries. This battery innovation has enormous investment due to the wide ranging market from laptops, smartphones, and cars.

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>>61097025

You can have Capitalism when you pry it from my cold, dead hands, Commie.

>>61097136

I'm not against capitalism but it feels like its entering it's deathroes.

>>61097025
This isn't even capitalism's fault.

In fact you could argue it's because of centrally planned governments around the world.

I don't know shit about this kind of stuff. When was the last time something like this happened and what did it cause?

>>61096628
OPEC has enemies of Turks in it

>>61096628
>>61096589
I'm anti OPEC,

Liberals said Bush wanted the oil but we actually took none.

That was stupid, we SHOULD have taken the oil as payback for the blood our soldiers lost.

>>61096315

you couldn't possibly be more wrong

since the 1970s Saudi Arabia manipulated the market by cutting production to drive up prices when they were low

now when they finally decide NOT to create an artificial scarcity they are accused of market manipulation... unbelievable stupidiy

Saudi Arabia is a 'swing producer', but their increase in production is much lower than the US increase in production(over 1 million barrels per day increase for several years in a row) since the shale revolution began

Increased production in USA resulted in less demand from USA for oil in the international export market combined with decreased demand growth from China, combined with increased production in many other countries resulting from a decade of intensive investment in increased production as well as energy efficiency as well as some other factors created a perfect storm

people got used to oil around $80-100 barrel oil as if this was a normal situation when in reality the average inflation adjusted price is more like $40

>>61096629

>talking about crash in a thread about oil price crash
>says he wasn't talking about oil

you're the fucking idiot then

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>>61097270

>he doesn't realize we only have centrally planned governments due to capitalism

Who lobbied for socialism if not huge corporations and banks, you jackass?

>>61096593
Kek, and when oil goes up the tax will remain the same and you'll all be convinced to get mad at someone other than the government.

At least you get "free" healthcare huh.

>>61097291
2007-2008 housing bubble

This bubble is widespread throughout all assets. Just combine things like college debts, oil investments, general asset bubble due to fed/gov, etc. Basically a world slowdown.

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>>61097388

>we actually took none
That's exactly what we did. We created ISIS, and now we're buying oil cheap cheap.

>>61097433
You can blame the government much easier than you can blame the idea of free markets.

>>61096995
>Mississippi
>one of the higest sales tax rates in country
>$1.82/gal in vicksburg

>>61096915
This is great for those of us who love to drive.

Also shows the free market works; no amount of carbon tax gimping could help green energy, when the technology is there, cleaner energy will follow. No sooner.

>>61096920
>mexicans btfo
>all the jobs foreigners took now open to Americans
Even if "nobody wants to do it" people will eventually do the work mexicans did. As long as we don't coddle them with welfare.

And with cheap gasoline such workers can live with less pay, and employers saving money on gasoline can afford to pay those workers more if they have to

>>61096915

This is definitely a big part of it.

at current production rates Saudi Arabia has about 60 years before exhausting their current proven reserves, so they need to drive out compeititon and increase market share now if they're going to actually be able to take advantage of their resources before they become useless

no sense in cutting production to maximize the profit they get per barrel if they're not going to be able to sell it all before it becomes worthless anyway

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>>61097605

How do you truly achieve a free market though? It's not through capitalism, m8. So yeah, ultimately, it's capitalism's fault.

So if it crashes this time, should we expect a crash worse than 1929 and 2008? Will I have to steal food from Walmart to survive?

>>61097261
The health of capitalist ideology isn't measured in the stock market. Capitalism requires both the free buying, and free SELLing of things.

>>61097561
Nice edge there

>>61097825
Crashes are probably never going to be as bad due to technological advancements, even adjusting for inflation, people living with the same money as before live better lives. For it to be "as bad" the crash would have to be even worse than before.

>>61097818
>not through capitalism

nice joke

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>>61097616
>drive 35 yo shit box that i keep running on hopes and dream
>live in SC
>Spend $13 a mo on gas because 1.55-1.65/ gl
feels fucking good.

>>61097941

>edge

Read up on it, faggot. Inform yourself before you Shrek yourself.

http://www.youtube.com/watch?v=j6AVUy7O3Wc

>>61097825
It is highly likely yes.

>>61098078
you're wrong

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>>61098082

Stay ignorant.

Buy oil futures when????

>>61098092
/o/ must be doing donuts in celebration.

Hopefully when oil finds a new equilibrium is truly is much cheaper.

Gas stations here lowered their regular (87) prices a lot but their 93 octane is still higher than it should be, one station has 1.78 regular, 2.48 premium, the fuck.

>>61097561
You are producing it yourselfs too.

>>61098179
Could we have as bad a crash in terms of dollars? Yes. But as bad a crash in terms of, dust bowl, actual living conditions being as bad as they were? Doubtful.

It would have to be more than just a stock market crash, other events are needed to coincide.

>>61098092

A new paint job and some $30 hubcaps from Autozone and she would be pretty good looking.

>>61098379
not really intrested. the electrics are failing, the rear shocks are toast. the rubber was gone when i got it so there always water in the floor boards. Im just going to drive till the wheels fall off and walk away.
It hasnt been bad for the $600 i paid for it though.

>>61098537

Ah, I didn't know she was in such bad condition. Yeah, my suggestion would be a waste of money for sure.

>>61091647

Serves us right for building our entire global infrastructure around endless consumption.

There's only so much shit people will ever need to buy and right now, our driveways are already packed with cars and our houses have flatscreens in every room, we have multiple ipads and iphones PER PERSON, I have USB cables coming out my arse and I have to plug my dick in to charge before I fuck my girlfriend.

Capitalism is great but this serves them the fuck right for just assuming people will continue the endless cycle of buying the same shit over and over again. They got greedy because the past 30 years or so have been such a golden age of sweeping technological change, but we need to come to terms with the fact consumerism alone can't fuel the world economy.

>>61098697
really, give then time and doing the work yourself it would only cost about a grand to bring it back to former glory, but for me its just not worth it. It is VERY popular for some reason so it will be an easy sell. I get "Oh, I used to have one of those in high school" all the time from the 40+ crowd. I have been offer to sell it while driving it donw the road. really weird.

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So much red around the world (1/2)

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(2/2)

>>61098730
There will always be consumption, the issue is, the demand is not always for the same items. In a way, this is similar to how automakers lost a lot based on assuming US consumers would always demand the same sort of car. Then got completely blown out.

>>61099015
>iphone
>shitty stock app
faggot

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i found where all the money went, guys

fucking ghana took it all

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>>61099451
>mfw Ghana is the only nation left standing after the habbening

>>61099260
>assuming US consumers would always demand the same sort of car
They did, so they bought it with 0 % interest during the last 6 years. Now they might have to start paying some shekels back, so they're basically fucked in the ass.

The middle class has been shrinking for ages. The "fundamentals of the economy" havent been strong for ages. Etc

>>61090563
>be mexican
>pay $2.9 per gal

Atleast i get back 16% of that.

>>61097809
I've never seen a Mexican work in the oil industry.

>>61100048
Hence why oil payed well.

Also they are very family oriented and often oil work involves men being on their own to make their small fortune.

Also most of the oil work is up north, and the fracking work occuring in the south requires more of a skilled labor than traditional drilling.

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>>61099260
It more a function of quality, the Japs have lower tolerances so things break less often and of course they are experts at improving a basic design. Demand for oil will never go away because modern life is built around cheap oil, current price is almost a meme. Partly the demand destruction of +100 oil only a few years ago, partly production from shale and unconventional plays at that price, also the fact the Sauds can't turn off their taps, massive water injection programs that if shut down will ruin the fields. 10 million barrels a day of seawater go into their fields now! Shit will never last and neither will cheap oil. 7+ billion humans who want shit will see to that.

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>>61099063
euro almost parity with dollar

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>>61100728
yes, yes, the great materialist hordes demand oil because they all need tat

shitty game you play desu

>>61100861

When's BritEx going to happen?

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>>61101361
whenever it's best for the overlords

>>61090746
HAHAHA WAS IT INDEED REDDIT?

So closing below 16,000 is good

Seems like they're trying to get it above that

>>61087511
Didn't we have a major get predicting oil would go way below $20?

SELL

>>61088055
Ahaha. The opposite. After your countries fall into civil unrest and ruin, the Americans will come and buy the pieces for pennies on the dollar.

Buy Lead and Silver, everyone. Physical amounts, not certificates.

>>61103292
>Seems like they're trying to get it above that

well they failed

Damn, two days until China opens and three days for US as markets are closed on Monday

>>61094147
>Paper says govts need prepare for catastrophes like Yellowstone eruption...

has /pol/'s Yellowstone meme magic gone mainstream?

>>61103972
At what point should we actually do this? What would need to happened for a Great Depression kind of thing to happen?

>>61088075

You'll have civil war if Trump is elected. The left across the country will pick up AR-15s and fight back.

>>61103920
BUY

>>61093199
Remember that before the Reich comes the Weimar Republic
Stay strong and weather the storm. The west may come out of this stronger than ever.

http://energyalmanac.ca.gov/gasoline/

If we're still paying the same amount for gas, how is the industry collapsing?

>>61104218
>a bunch of limp-wristed faggots and hambeast feminists knowing how to even fire a rifle
Yep I'm sure they'll steamroll everything in their path

>>61104218
>The left across the country will pick up AR-15s and fight back
You mean dangerous babykilling evil assault rifles that they lobby to get banned?

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>>61104218
>The left across the country will pick up AR-15s and fight back.
Hahahahahahaahahahahahahahahaahahahaha

I guess I will have a bunch of new AR15's then

>>61104123

Buy when cheap, hold on to it for when there's 25-33% unemployment. Cheap vodka is another great investment.

http://uk.reuters.com/article/uk-venezuela-economy-idUKKCN0UT2EJ

>Venezuela sets 'economic emergency,' reveals depth of crisis

Venezuela heading towards economic insolvency and martial law

the first domino of OPEC to fall.


get comfy

Nothing happening, just means its about time to buy.

>>61104455
They're usually a month or more behind

Basically if they buy at $45/barrel then buy more at $30/barrel, they'll keep selling it at $45/barrel price until they make expunge their supply, then they'll sell at $30/barrel price.

Buy Intel and Chipotle a month from today, you're welcome.

>>61105686
good to find another person who paid attention to his basic business courses

>>61105238
Didn't they run out of toilet paper months ago and were rationing food?

Speaking of rationing, going to buy some emergency rations and water.

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>401k

NOW

>301k

>>61105703
Intels doing shitty right now and about to be BTFO by some new chip competitors. Chiptole can't even keep their restaurants open due to health violations

>>61092781
Serves those morons right, when we were celebrating back in September when the market went down but they mocked us, but /pol/ is never wrong I hope they learned this now

>>61087873
>still paying the same price for gas

>>61107327

Putin keeps bombing your supply trucks.

>>61106746
Nothing bad will happen to intel. you do know what country it is from right?

>>61107450
>brent
>supply trucks

Jesus Johnny.

>>61107327
Supply is high, demand is low

They need to sell their expensive gas first

>>61100048
That's because there's no Mexicans in Texas or any of the border states that produce

>>61096231
I was thinking along the same lines. We take the hit in domestic production now, OPEC takes an even bigger hit and hemmorages money, we come in after "peak oil" and charge whatever we want.