if United States dollar loses its status as the world’s reserve currency, the ability to print money to pay any debt won’t matter so much. Holders of dollars would dump them in exchange for other currencies like the Chinese Renminbi or other assets like gold and silver and the demand for U.S. Treasury securities and U.S. dollars would fall dramatically. The slack in demand would almost certainly be filled increasingly from the Fed’s QE purchases made by printing dollars out of thin air.
In this scenario, hyperinflation and a drop in the standard of living of Americans would almost certainly occur and the value of hard assets and commodities would skyrocket
seems to be pretty serious stuff, trouble is, look who is in charge........
Are you talking about cvi or cvrr, you seem to intermix the two. One is the holding company the other the refiner.
I know you know the difference but you don't seem to separate the two. Now, which divvy will be $.50-.60 cvi or cvrr?
Bear fwiw, zacks has had cvrr cvi and uan as strong sells for a couple of weeks now could have been longer. I agree they sure nail the coffin shut after the fact.
Interesting thought process, I too bought a bunch at a higher price but am hesitant to double up so to speak.
Not interested in selling, just biding my time now, the market's time frame is different than the day to day
instant gratification we live in.
Sounds to me they have something to say. Lots of possibilities, buku information. European partner perhaps?
Alright bear, nice to see a little positive info on the board from you. Hope you are right and cvrr goes up $$$$$.