BET YOU NEVER THOUGHT YOU’D SEE THIS

“How about a “negative” oil price!?”

There are well over 100+ different grades of crude oil that carry discounts &

premiums to WTI, usually dependent on either shipping costs or sulfur content

… yesterday, “Wyoming Sour” was priced at $-0.19 cents per barrel … “yup,

that’s right … you produce the oil AND THEN PAY ME 19 CENTS PER BARREL to

take delivery of it!

Meanwhile in cryptoland, yesterday I dumped RIPPLE at around $0.176 in late

afternoon, and I also decided to jettison my tradeable BTC, that which I don’t

HODL, but trade, at around $6360 … I’d like to see another panic drop in crypto,

while stocks test the lows of the panic selling … we’re a long way aways from

the end of the coronavirus nightmare, and bear markets don’t end with optimism,

they end with despair … and a true belief that sees many people swear off stocks

forever cuz they just won’t go up anymore … IMHO, we aren’t there yet, but

when we get there, it will be “back the truck up” and load it up with crypto,

especially BTC!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas