Petrodollar on the way out?

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aja57
Posts: 337
Joined: Sun May 29, 2022 10:35 pm

Petrodollar on the way out?

Post by aja57 »

Curious how this would play out for American O&G companies.
May be time to consider Raytheon, Northrup and Lockheed.

https://www.zerohedge.com/energy/why-we ... -ambitions
ChuckGeb
Posts: 945
Joined: Thu Nov 21, 2013 2:46 pm

Re: Petrodollar on the way out?

Post by ChuckGeb »

Good time to load up on hard assets: gold, silver,copper, oil, gas, farm land. Prospects for $US when Saudi is admitted to BRICS this summer is not good. Managed decline by Scranton Joe and his handlers.
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: Petrodollar on the way out?

Post by dan_s »

Goldman Sachs commodity experts are bullish on oil and industrial metals. Very bullish on copper.
Dan Steffens
Energy Prospectus Group
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