Expect a rough 1st six months of 2023. The China Reopening has just started. They sent 10 supertankers that hold 2 million barrels each to US in March and are trying to lease more supertankers. Expect a rocky ride but a great 2nd half of 2023 for energy.
Don’t believe anything this administration says. They didn’t desire to call it inflation or Recession and now they just sured up the banks with billions of dollars and refuse to call it a bailout. Can’t wait for a Trump/Lake 2024.
One thing for sure I have made very well with XLE and VDE while...
We don’t even need the Air Force and Army to defend Alaska.
We have the Alaskan Territorial Guard that’s all we need against Russia after watching them in Ukraine……. No problem.
Bunch of old goats with hunting rifles we got the North covered.
Humor my friend !
Yes low interest rates borrowing money for very low rates and paying half a percent on checking accounts. I expect it to normalize between 3 and 4% never 2% again. Which is good. But it’s going to take a year to get their. We moved our cash account into Money Market account paying 4.5%.
Breaking News
Now withdraws are happening at the larger banks
A run on the banks for safety !
Going to Money Market account and staying invested in Energy XLE .
I have shot moose with both !
But the Swift A frame is a very Prem bullet and bonded love the accuracy/ retention only recovered 1 bullet from a moose 97% weight retention.
Elk that 160gr Nosler Accubond would be excellent with RL 22 or IMR 4350 in the 7RM.
Buffet bought Apple and More Energy and Goldman.
Jamie Dimon of JP Morgan would be the only big bank I would consider. He should be the in charge of the Fed Reserve. But no banks stocks for me. XLE and Apple !
Added More XLE and more next week with a hefty dividend being reinvested into XLE.
1987 stationed at Carson 2/7 Cav
Those huge doors at the mountain perfectly balanced one man can close them amazingly.
It took me 2 years to buy the parts and the Douglas MK 12 barrel from Frank White of Ft Cambell ret now at Compass Lake and since retired and his son runs the business. Most...
Went on tour once inside Cheyenne Mountain
Control Center sitting on massive springs….
They were talking about moving the operation to East Coast.
After Army retirement built my Colt MK 12 Mod 0 and now just wrapped up my Colt Reece rifle