03-03-2022, 01:00 PM
(03-03-2022, 11:38 AM)fenders53 Wrote: It seems a little FOMO but glad you are transparent. Most of the bad calls here are not mentioned again. I am short term bullish on many of your new picks.
It may seem FOMO, but I don't think it is anywhere near that. We are early innings on a multi-year energy and food crisis on a scale not seen since the 70's.
These stocks are still being priced at $60-$70 crude and $40 coal. I am of the belief that crude takes out the old $147 high by this summer and coal is currently trading $300+.
This war in Ukraine is not ending any time soon and will get much worse. Putin is either taking Ukraine back or going down in flames trying to do so.
Russia is 10% of world crude production and is the major energy producer for Europe and Asia.