Gas price as economy predictor indicator

[Marty Champions]

Recently gas dropped about 10 cents to 2.08$

I have a feeling in months n weeks if bidens in office many more people will get disability .gas will get cheaper as result to get folks back to slave'n more hours

[AbrahamG]

Recently gas dropped about 10 cents to 2.08$

I have a feeling in months n weeks if bidens in office many more people will get disability .gas will get cheaper as result to get folks back to slave'n more hours

What do you care?  You ride the bus you fat, fucking slob.

[visualizeperfection]

What do you care?  You ride the bus you fat, fucking slob.

 

[Mr Anabolic]

Recently gas dropped about 10 cents to 2.08$

I have a feeling in months n weeks if bidens in office many more people will get disability .gas will get cheaper as result to get folks back to slave'n more hours

Gasoline/oil prices are down because of CONvid.  Ppl are traveling much less and working from home now.  Biden said he would the shut down the oil industry and stop fracking.  If he actually accomplishes this (doubtful), gasoline and oil prices would skyrocket.

Monetary inflation is a real thing.  Governments and central banks are all printing money like crazy.  This will eventually cause massive hyperinflation.  Food prices (and shrinkflation), autos, utility bills, tuition, rent, housing prices are already much higher than they've ever been before.  When the hyperinflation comes, most ppl won't realize what hit them.

[Marty Champions]

Gasoline/oil prices are down because of CONvid.  Ppl are traveling much less and working from home now.  Biden said he would the shut down the oil industry and stop fracking.  If he actually accomplishes this (doubtful), gasoline and oil prices would skyrocket.

Monetary inflation is a real thing.  Governments and central banks are all printing money like crazy.  This will eventually cause massive hyperinflation.  Food prices (and shrinkflation), autos, utility bills, tuition, rent, housing prices are already much higher than they've ever been before.  When the hyperinflation comes, most ppl won't realize what hit them.

it recently dropped a few days ago, i think the gov will have a problem with real gdp , ie no one or not enough people have been working pre and post covid so they need to entice workers to work with rock bottom gas prices

[MAXX]

Gasoline/oil prices are down because of CONvid.  Ppl are traveling much less and working from home now.  Biden said he would the shut down the oil industry and stop fracking.  If he actually accomplishes this (doubtful), gasoline and oil prices would skyrocket.

Monetary inflation is a real thing.  Governments and central banks are all printing money like crazy.  This will eventually cause massive hyperinflation.  Food prices (and shrinkflation), autos, utility bills, tuition, rent, housing prices are already much higher than they've ever been before.  When the hyperinflation comes, most ppl won't realize what hit them.

Inflation also usually(/pretty much always) skyrockets with communist regimes.

I wouldn't invest in USD right now.

[Mr Anabolic]

Inflation also usually(/pretty much always) skyrockets with communist regimes.

I wouldn't invest in USD right now.

Agreed. 

Gold and silver.  Green energy stocks will most likely continue to do well under Alzheimer Joe.     

[MAXX]

Agreed. 

Gold and silver.  Green energy stocks will most likely continue to do well under Alzheimer Joe.   

Gold has been going up alot the past year, so not sure about that one. But sure possible it will go up even more now.

But definately assets is the safest bet over anything else. Especially over USD.

[Mr Anabolic]

Gold has been going up alot the past year, so not sure about that one. But sure possible it will go up even more now.

But definately assets is the safest bet over anything else. Especially over USD.

Gold is nowhere near a bubble... besides PMs are a l-o-n-g term hold.  When the USD does bad, PMs usually do very well.