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A place to discuss Golden Issues and empower Golden people through masculinisation and pro-Golden media. For SEA/EA related groups only.
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Warning issued for the fate of the petrodollar
submitted 1 year ago * by GoldenDynasty from self.GoldensFirst
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[–]GoldenDynasty[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 0 fun6 insightful - 1 fun - 1 year ago (2 children)
The moment the petrodollar officially turns into the petro yuan its going to be checkmate
[–]TwerKing 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - 1 year ago (1 child)
It's likely a nice idea to invest in chinese stocks. I got my eyes on byd. 🤩
[–]GoldenDynasty[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - 1 year ago* (0 children)
The stock looks like its performing well, at least compared to last month. Personally, I'm probably gonna play it a bit more safer and stay away from tech, ev, real estate, etc. Oil & energy, or infrastructure companies, or perhaps big retail/ grocery stores that are net profitable in their financial statements, essential, and consistently beat quarterly earnings estimations would probably be my likely bet.
It makes sense in a geopolitical/macroeconomic sense as well, since the energy/ food crisis will only be getting much worse, due to a variety of factors (the west and japan cucking itself out of cheap energy jacking the global prices as a result, the us selling off a huge chunk of its strategic reserves literally just to get some better numbers for the midterm election, massive russian energy and oil investments into china, along with a potential base for a petro yuan with Saudi, the Gulf countries, and even Iran as some examples).
Not meant as financial advise, as a disclaimer
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[–]GoldenDynasty[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 0 fun6 insightful - 1 fun - (2 children)
[–]TwerKing 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - (1 child)
[–]GoldenDynasty[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - (0 children)