Today I am sharing a chart that I drew a few years ago.
Contrary to crypto where we have fast movements of 30% intraday,
Bonds, commodities, inflation rates, etc. are "slow movers"... but only in peaceful times.
So patience is required for investors who focus on the forest. You were correct, but 10 years early. Now is your time to shine. #PeterSchiff #MikeMaloney
WTI crude oil price that bounced from the $68-74 support zone.
This support zone held well even last year when mass media and the EIA (US government's puppy) kept screaming that we have an oversupply of oil & gas.
Remember what happened back in 2022 when oil went to $128? Especially those in Europe & Asia?
Pay attention & Be prepared for the changes occurring in our societies.