Jump to content
Sign in to follow this  

CORRELATIONS

Recommended Posts

Venezuela is in dire trouble. Raised minimum wage for about the 6th time in recent times to around 18000 Bolivar. It is hugely dependant on oil and the Petro has been a farce.

Oil, Copper and Lumber prices are very important indicators and barometers of economic conditions which can potentially paint a picture of what could come next. This is why paying particular attention to where we are in certain commodity cycles can help us plan any strategies for equity markets going forwards from a long term investment perspective rather than short term trading perspective.

Share this post


Link to post

What happens when governments go bad. 

Proven oil reserves as of 2017.

image.png.f66b8169f3a49d70497e59ccdec4c6d1.png

Share this post


Link to post

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      6,243
    • Total Posts
      27,555
    • Total Members
      35,776
    Newest Member
    MC33332018
    Joined 24/02/19 02:28
  • Our picks

    • Post in Crude Oil (WTI)
      "Oil pushing up to resistance again and looking to break". What are your thoughts going into the weekend? Inverse head and shoulders as others have pointed out, or over bought and looking for a pull back?
×