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Tuesday, March 31, 2020

What will happen when the credit ratings for oil & gas companies get downgraded? - Part 2

https://www.cnbc.com/2020/03/29/oil-rich-wealth-funds-seen-shedding-upto-225-billion-in-stocks.html

Our prediction has come true again!

The oil wealth funds have started selling their assets just as we've projected.

http://sg-stock.blogspot.com/2020/03/what-will-happen-when-credit-ratings.html

2 comments:

Eric Ho said...

https://cryptopotato.com/russia-will-stop-buying-gold-but-will-sell-it-internationally-report-says/

Russia is selling gold soon!

DIdn't we tell you that Russia would be selling its assets?

Eric Ho said...

https://finance.yahoo.com/news/over-100-billion-treasuries-dumped-171106252.html

Foreign governments are also selling US treasuries in the US.