Ande1968
Active member
If you didn't hear about it, the markets closed with a large loss on Friday,
Oil closed at 40 and has the potential to go lower.
You may ask why, China has devalued there currency.
Not to mention in my view has asked North Korea to start rattling South Korea's cage once again.
Iran is coming online with there oil production plus several billion dollars in regard to the nuke deal.
Expect Monday to be a nasty stock market day- I could be wrong but we have a glut of oil on the market and countries are broke.
Watch out this could be a dam rough depression.
Just my opinion.
Thoughts?
Oil closed at 40 and has the potential to go lower.
You may ask why, China has devalued there currency.
Not to mention in my view has asked North Korea to start rattling South Korea's cage once again.
Iran is coming online with there oil production plus several billion dollars in regard to the nuke deal.
Expect Monday to be a nasty stock market day- I could be wrong but we have a glut of oil on the market and countries are broke.
Watch out this could be a dam rough depression.
Just my opinion.
Thoughts?