Tuesday 17 September 2019

Wall Street: "Oil’s big price spike isn’t the bad news that many are assuming it to be."

I heard Christopher Greene of AMTV say that the attack on the Aramco oil production facilities in Saudi Arabia was a false flag.
At first, I thought it was "stretching the bow"


Watch video HERE

Then I saw Kim Dotcom's tweet

And then I saw this item and realised that Christopher was not so far from the truth.

"When all else fails they take you to war" - war is good for the economy.
Murder, rape, blackmail - it all goes with the pursuit of the bottom line.

"Oil’s big price spike isn’t the bad news that many are assuming it to be."

To the extent the U.S. is a net exporter today, of course, then by definition a higher oil price will be a net positive for the U.S. economy as a whole. And insofar as imports and exports of petroleum products are in a rough balance, then there should be little net economic effect of a higher oil price.

The bottom line? Don’t automatically assume that oil’s price hike spells the end of the economic expansion or the bull market. It might actually keep both the economy and the bull running strong.

Now, listen to the introduction of Doc Burkhardt of TruNews.
I am not a Christian and not "born again" but every word of this introduction resonated with me.
Please note: embedding is not working for me tonight.

Watch video HERE 

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