Thanks Eric. LONG time shareholder of yours, and I've met you twice. If I properly recall, when oil went negative-cost, it was largely a result of roozianz trying to erode Saudi's market-share...And they tried to duke it out??? I them took larger positions in your funds and was glad to have done so. Furthermore, a later-on comment, I am totally NOT in favor of buy-backs, preferring dividends, regardless the tax-impact on the companies. Data-centers/AI/Crypto-miners... Our soon-former complete idiot of a leading political party not only sold our national gold at the lows, but refused to encourage data-centers to come to Canada with lower cooling costs, lower gas prices, lower generating costs, lower living-costs, skilled workers... Those liberal/ndp/greenie men & women were complete vacant. destructive morons.
I trimmed all my oil and gas positions by half. This included CNQ, WCP, SGY and TOU. I think there will be tariffs put in place but they will be short lived. I have bought into the oil services in the US, BKR and SLB as I believe they will do well regardless of relative oil price as drilling increases when restrictions are lifted. 🤞
The thing is, if this is a bubble just about to burst, this must be the most anticipated and covered bubble in history. I mean it's been for more than 2 years that I've been reading and watching this kinds of warnings. However it's true that mass media is not specially talking about this, and also nowadays information and media like UA-cam and social networks provide such a quantity of content and such decentralized (as this vid for instance) that my first statement could be biased by that. The fact is, the correction will come, as naturally as leaves fall due to gravity. Despite all, I've been receiving warnings from a lot of different sources to the point that if the market collapses I won't be surprised. But boy I'm hell of invested in crypto now, .....I have managed to grow a nest egg of around $200k to a decent 7 figures in the space of a few months...Thanks to Francine Duguay insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2025. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth..for me Bitcoin is the ultimate defence against a tyrannical government.r.. I would like to thank Francine Duguay community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year.
In my opinion, I think we will not get any rate cuts until something financially or psychologically breaks in the market. I believe the fed is trying to give it's self room to act when it's appropriate to, however, wall street is trying to bully the fed into a corner. Wall street wants lower rates to boost market valuations at the cost of higher inflation for the average middle class consumer. As how unpopular my opinion may be, I think the market and the economy needs to go through a recession to reset everyones sky high expectations and fix the psychological around the inflation argument.for me Bitcoin is the ultimate defence against a tyrannical government.r.. I would like to thank Francine Duguay community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year.
Eric is a legend in oil/gas one smart dude
Thank you Mr. Nuttall.
Appreciate your update Eric! A little clarity in all this dust helps a lot
Thanks from Norway
Thanks Eric. LONG time shareholder of yours, and I've met you twice. If I properly recall, when oil went negative-cost, it was largely a result of roozianz trying to erode Saudi's market-share...And they tried to duke it out??? I them took larger positions in your funds and was glad to have done so. Furthermore, a later-on comment, I am totally NOT in favor of buy-backs, preferring dividends, regardless the tax-impact on the companies. Data-centers/AI/Crypto-miners... Our soon-former complete idiot of a leading political party not only sold our national gold at the lows, but refused to encourage data-centers to come to Canada with lower cooling costs, lower gas prices, lower generating costs, lower living-costs, skilled workers... Those liberal/ndp/greenie men & women were complete vacant. destructive morons.
Thank you from Calgary, Alberta.
Thanks from korea.
Didn't the govt build a pipeline to west coast? We need to do more building of pipeñines, and sell worldwide.
I trimmed all my oil and gas positions by half. This included CNQ, WCP, SGY and TOU. I think there will be tariffs put in place but they will be short lived. I have bought into the oil services in the US, BKR and SLB as I believe they will do well regardless of relative oil price as drilling increases when restrictions are lifted. 🤞
Sold largest position in gas... must be Tourmaline
Eric Nuttall bullish on Canadian energy ? You don't say ! lol.
Fake tariff threat presents a great buying opportunity. Buy the fear as these names pull back!
Tariffs will spike prices, so Canadian producers will make more from higher prices than any higher costs due to tariffs
The thing is, if this is a bubble just about to burst, this must be the most anticipated and covered bubble in history. I mean it's been for more than 2 years that I've been reading and watching this kinds of warnings. However it's true that mass media is not specially talking about this, and also nowadays information and media like UA-cam and social networks provide such a quantity of content and such decentralized (as this vid for instance) that my first statement could be biased by that. The fact is, the correction will come, as naturally as leaves fall due to gravity. Despite all, I've been receiving warnings from a lot of different sources to the point that if the market collapses I won't be surprised. But boy I'm hell of invested in crypto now, .....I have managed to grow a nest egg of around $200k to a decent 7 figures in the space of a few months...Thanks to Francine Duguay insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
Smith has an off the record deal in place imo
US names since you say you like them over Canadian names.
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2025. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth..for me Bitcoin is the ultimate defence against a tyrannical government.r.. I would like to thank Francine Duguay community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year.
"political idiocy" put US here ...eg Ottawa, Quebec
In my opinion, I think we will not get any rate cuts until something financially or psychologically breaks in the market. I believe the fed is trying to give it's self room to act when it's appropriate to, however, wall street is trying to bully the fed into a corner. Wall street wants lower rates to boost market valuations at the cost of higher inflation for the average middle class consumer. As how unpopular my opinion may be, I think the market and the economy needs to go through a recession to reset everyones sky high expectations and fix the psychological around the inflation argument.for me Bitcoin is the ultimate defence against a tyrannical government.r.. I would like to thank Francine Duguay community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year.