Submitted by [deleted] t3_yzlf1u in wallstreetbets
Interesting_Ad1006 t1_ix0q9fp wrote
Reply to comment by [deleted] in EWG... a Way to Play the German Rebound by [deleted]
Well, from my own experience either someone is very greedy or the prices are really high. Coal price in Poland tripled, my friends from Finland stopped buying electric cars as the energy prices surged and they say it is no longer worth it. Family from UK is planning to relocate due to high utility bills. Europe countries were able to fill their gas storages it doesn’t change a fact that they will be empty by the next winter. There is an excess, but it will deplete. In “normal” circumstances I would say that central banks will solve the situation with stimulus and printing money, but with global inflation like this it is not the case anymore. Of course I might be wrong, but as a person living here I really see that this situation is quite challenging for some people
[deleted] OP t1_ix0r1fs wrote
[deleted]
Interesting_Ad1006 t1_ix0u0pe wrote
Anyway, I dont want to influence your trading decisions, you might be right, I might be wrong, we might be both wrong. This is a casino :) good luck!
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