Uncategorized
Not April Fool’s – Trump is hinting at $ 9 oil after accidentally adding bitcoin
After inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil collapse to just $ 9.
IN press conference On March 31, Trump reiterated what became a preference for lower oil prices.
Trump: $ 9 could “get you what you wanted”
He spoke in the midst of talks with Russia and Saudi Arabia, and both plan to increase oil production this month despite a fall in demand caused by the coronavirus. WTI crude oil prices have lost more than 50% in the past 30 days.
“Look, it’s $ 22, but it’s really a lot cheaper than that if you want to negotiate – nobody sees it,” Trump told reporters.
“It’s like the 1950s, it’s really – you think it was $ 50, $ 60, $ 70, $ 80 and $ 80 – and now it’s $ 22, but you know, if you put a good deal in $ 9, I think you probably could get what you wanted, right? “
The last time that oil cost $ 10 was in 1998, when Saudi Arabia also flooded the market to seize Venezuela’s progress.
Like a Cointelegraph reported, Bitcoin capped annual losses to about 10%, while WTI reduced almost 70%, data from Skew monitoring resources show.
Macro assets are returning for 2020. Source: Skew
Oil producers go on vacation
Trump’s comments were particularly harsh and appeared in the back of a riot that turned on both the US dollar and its issuer, Federal Reserve.
After the Fed He said that he had “unlimited” money, Trump compliance that the state could manipulate endlessly, describing it as “our money” and “our currency.”
This, in turn, sent shivers down the spine of Bitcoin supporters, as the lack of such meddling in the money supply is a key benefit over fiat, which makes cryptocurrency a form of “hard” money.
The planned increase in production in April is particularly significant for the Russian fiat currency, the ruble and those who use it. Strongly linked to oil prices, the ruble fell to its lowest level against the dollar in four years.
Paradoxically, Russia is currently spending money by speeding up the ruble exchange rate while producing oil for a saturated market.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
Picture Credit!
to request, modification Contact us at Here or [email protected]
 |
 |
 |
