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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

Doing a little quick math, it looks like the investment was made in WTI, not Brent (unless they got a killer discount). The chart for WTI is almost identical, just 4-5% lower on price.

They bought in at $91.66 which means that investment has already yielded $12 million. If Goldman Sachs estimates are correct, in the next week they're looking at another $60 million or so.

I'm old enough to remember Hillary getting raked over the coals because she turned a $20,000 investment in cattle futures into $100,000...
 
ticapnews said:
Doing a little quick math, it looks like the investment was made in WTI, not Brent (unless they got a killer discount). The chart for WTI is almost identical, just 4-5% lower on price.

They bought in at $91.66 which means that investment has already yielded $12 million. If Goldman Sachs estimates are correct, in the next week they're looking at another $60 million or so.

I'm old enough to remember Hillary getting raked over the coals because she turned a $20,000 investment in cattle futures into $100,000...
Click to expand...
As am I.
 
AI researcher resigns from Anthropic, gives stark warning

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Seeing the market take a bath this week got me thinking... isn't the second half of Septeber and all of October generally a down period for the markets?

We're in for a wild end of the year.
 
aparch said:
Seeing the market take a bath this week got me thinking... isn't the second half of Septeber and all of October generally a down period for the markets?

We're in for a wild end of the year.
Click to expand...
Heating oil prices in winter... the new market inefficiency.
 
Remember when Dominoes took out full page ads apologizing for being the by-word for shit pizza? Those were fun.

I had Dominoes pizza a couple times since that when a work event was badly catered, and it was... better. It was a 4, but that's up from a 1.

I have not seen a brick and mortar DP forever -- did they go under?

Edit: nm, I clicked the storefinder and there are 20 within 3 miles of my house.

20.

They are all in the direction I never drive.
 
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Been having a "discussion" with a distant family member who is a full blown MAGAt. He feels the oil companies are ripping us off because a barrel of oil is at this price, but gas and diesel are at this price. I asked him if MAGAts were full free markets and capitalism, because what he sounded like he wanted was government safeguards put in place (SOCIALISM) or nationalization of the oil industry (COMMUNISM). Oh boy, I think his brain, what little bit is left, exploded......

He told me to do my research, and I said I have. Not that it matters, I am college educated, have some background in economics and understand world markets and commodities. I don't even think he got a High School diploma, I think he ended up sliding out with a certificate of attendance.
 
Kepler said:
Remember when Dominoes took out full page ads apologizing for being the by-word for shit pizza? Those were fun.

I had Dominoes pizza a couple times since that when a work event was badly catered, and it was... better. It was a 4, but that's up from a 1.

I have not seen a brick and mortar DP forever -- did they go under?

Edit: nm, I clicked the storefinder and there are 20 within 3 miles of my house.

20.

They are all in the direction I never drive.
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They run enough specials for 3-7 topping pizzas that makes it worth it. Unfortunately I’m in a sea of chains so it’s really picking the best of the average. There are a couple good indy places, but they’re far enough out that’s more for a dine-in night out than quick pick up.
 
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