Thursday 16 April 2020

Corona Layoffs......................from Rico

This meme about ExxonMobil having to layoff some members of Congress* was funneee...even though [XOM] started the year 30-40% down from it's usual share price, and it's now 30% lower than that.
 
Meanwhile, the CME's CRIMEX started the day with its business-as-usual "wash and rinse" antics while the intraday physical Gold price is ~$1736.90.
- This is WHY it's beyond stupid to speculate in paper Gold and Silver.
 
*Fair disclosure: I am a shareholder of XOM and I still think this is hilarious, probably because it is so true. It always has been a good dividend-paying stock, and is usually one of the top-10 stocks owned by Congresscritters.
 
 



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