Well the oil price has collapsed below zero. Who better to explain the current situation to use than legendary resources investor Marin Katusa. We discuss why the oil markets have collapsed, why there are different prices of oil, how the futures contracts, ETFs & stocks will be affected by the current oversupply & drop in demand. All commodities will be impacted in this global economic slowdown. But many oil companies are carrying high debt levels & bonds they've issued could be downgraded to junk status in the coming weeks, collapsing the corporate bond market. This could start a cascade affect leading to a wider stock market crash & global economic recession. This is segment will be a new regular on the channel covering several commodity markets.


Discount On Marin's Research (Load in incognito mode if not working): https://subscribers.katusaresearch.com/2500-nuggetnews-a-katusa-special-limited-offer-2500/ref/nuggetsnews/


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Date of Recording: 21st April 2020


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❗ DISCLAIMER ❗ Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.


The viewer should always:



1. Conduct their own research,


2. Never invest more than they are willing to lose,


3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.


 

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