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WOW! Oil prices crashed to $1.45 per barrel..Edit: $0.01 per barrel!


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unreasonable
Posted
3 minutes ago, JG51_Beazil said:

We are through the looking glass here people.

 

lizard.thumb.JPG.8bf03042f3f51485984ca49ce26fb355.JPG

  • Upvote 1
Posted
12 minutes ago, unreasonable said:

 

That chart is not the futures, it is CFDs - Contract for Difference. It is a tradeable bet on the spot price, no physical delivery implied. 

 

Anyway short term trading is a mug's game, just the same as roulette. Only the house always wins.

Yes, I should have given the chart a better look. I took the chart for the expired 2014 futures. But it‘s the same game, true.

Posted (edited)
2 hours ago, unreasonable said:

No-one knows how many people have already had it, no-one knows what the long term health effects of "mild cases" will turn out to be, or whether having had it gives any immunity, or whether a vaccine is practical, so there is no way to tell what the true effects of the virus will be.  Given that, caution is rational.  It may well turn out to have been overdone, but we will only know that in a couple of years at a minimum.

 

 

 Look at the graphs on this page.

https://www.euromomo.eu/index.html

It shows deaths in 24 countries in Europe. If you look how the things go every year, you can tell, that this virus, they shut down the world for, is about as bad as a bad flu season.

   The spike is real and visible on the graph, but the difference in fatalities between this and a typical bad flu season, doesn't justify the devastating economic and social response. 

   I don't say this pandemic was 100% created intentional.  I'm just saying that the numbers are systematically inflated and this pandemic  is used for a lot of bad things. From bailouts of a lot of banks and bad businesses, to a bunch of rights and freedom restrictions, to destruction of small businesses and people's savings.

Things that wouldn't fly in normal times, are being pushed on the population in the name of this pandemic. You know the old say: " Never let a crisis go to waste".

 

 

Edited by Jaws2002
  • Upvote 1
SYN_Haashashin
Posted

Enough with the conspiracy theories. This aint the time, and most important, place for you to spread such things.

 

Locked

 

Haash

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