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Buy oil, thank me later.
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2022-04-10 at 1:32 PM UTC
Originally posted by Donald Trump The west are dumping their petroleum reserves to keep oil down right now. They're planning 6 months right now, they'll probably up that to a year. For those who don't know most countries in ZOGs orbit keep about 1-3 months of crude oil in reserve as a way of preventing their economy from being destroyed by a new arab oil embargo. The jedis never forgave the arabs for that.
The various SPRs do not exist because governments have foresight, or else food would be kept in reserve too, and that's just not the case. It's more or less solely a pro-Zionist gesture.
The exception to the rule is China, which stockpiles a lot of food, and is currently filling their SPR too.
Anyway, they will probably extend SPR releases. Brent is about 100 dollars a barrel, it might go to 130 by June, but I wouldn't count on it.
Energy companies are still a great buy, especially if you can get a margin account with an online broker. Some nice ones are the offshore ones, like Valaris and Tidewater and Northern Ocean, oil services companies like Schlumberger, Black Stone Minerals, Weatherford International, Total, etc.
You missed out on big moves in all these since this thread was created. The offshore companies are still amazing value though.
The next big action I see will be in tin, it's getting rare, and the producers are fantastically cheap. Zinc is also going to be hot shit. Copper is undervalued too.
Lots of other things have had their mooning, like Nickel, Palladium, etc. Uranium and gold are dumb memes, but will go up slightly too.
how does it feel to be an active jéwconomy collaborator. -
2022-04-10 at 1:50 PM UTC
Originally posted by Donald Trump The next big action I see will be in tin, it's getting rare, and the producers are fantastically cheap. Zinc is also going to be hot shit. Copper is undervalued too.
Lots of other things have had their mooning, like Nickel, Palladium, etc. Uranium and gold are dumb memes, but will go up slightly too.
Okay, I'm buying in, based on the date of this thread's creation and what's happened with oil since then. But if I lose my investing capital I'll be mad. -
2022-04-10 at 2 PM UTC
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2022-04-10 at 3:05 PM UTCI took advice from the jediconomy guy and made 7k. Easy moneh.
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2022-04-20 at 12:08 AM UTCThe Russia shit is a perfect storm for oil, which should be $150 a barrel right now, but will be before too long.
Oil producer and oilfield services shares are where the smart money is going, they have gone up a lot, yet still have the potential to 4x at least, even from here.
There just isn't enough oil or gas being produced, never mind the Russia shit. Russia will be scaling back production by at least 3 million barrels per day. At the same time no one at all has the capacity to increase production very much at all right now.
The age of cheap oil is well and truly over. Oil might still crash to $80 a barrel or so if there is a big recession, but outside that oil will probably be above $100 a barrel from now on. -
2022-04-20 at 12:11 AM UTCWe literally hit peak oil buy XRP ripple
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2022-04-20 at 12:12 AM UTCOil is currently coiled to jump way higher. Low inventories and not enough supply will drive it higher. SPR releases, China lockdowns, scares over a recession, etc are dragging it lower. The factors dragging it lower are all temporary, the factors pulling it higher are all structural and won't change.
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2022-04-20 at 12:14 AM UTC
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2022-04-20 at 12:14 AM UTCAt least buy game stomp or Shiba Inu
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2022-04-20 at 12:16 AM UTCDiesel is through the fucking roof which is affecting my work in many ways. I've almost used all the spare gas and diesel I stockpiled in February and wish I had more.
I wonder if we are going to hear about thefts of tankers anytime soon. Seems like people are stealing everything but right now. Fucking shame. -
2022-04-20 at 6:04 AM UTCAround here, they're hitting the gas stations at night after they're closed and siphoning off fuel from the main storage tanks. Guy got away with $4,000 worth the other day.
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2022-04-20 at 1:59 PM UTC
Originally posted by Donald Trump The Russia shit is a perfect storm for oil, which should be $150 a barrel right now, but will be before too long.
Oil producer and oilfield services shares are where the smart money is going, they have gone up a lot, yet still have the potential to 4x at least, even from here.
There just isn't enough oil or gas being produced, never mind the Russia shit. Russia will be scaling back production by at least 3 million barrels per day. At the same time no one at all has the capacity to increase production very much at all right now.
The age of cheap oil is well and truly over. Oil might still crash to $80 a barrel or so if there is a big recession, but outside that oil will probably be above $100 a barrel from now on.
dont be so sure.
once the economy prolapses oil is going to worth piss. -
2022-04-20 at 2:10 PM UTC
Originally posted by ⠀⠀⠀⠀⠀⠀ Around here, they're hitting the gas stations at night after they're closed and siphoning off fuel from the main storage tanks. Guy got away with $4,000 worth the other day.
In the Weimar during the great recession people literally had to use wheel barrels full of stolen gas and cause of inflation that would only be enough to get them a half mile down the road literally -
2022-04-20 at 2:41 PM UTC
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2022-04-20 at 2:49 PM UTCThe real problem won't be shortages of food and supplies, it will be access to food and supplies. You will have to have the mark of the beast, a chip implanted in your body and a concoction in your bloodstream, or you will starve. You will starve to death, amidst an abundance of food.
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2022-04-20 at 2:51 PM UTC
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2022-04-20 at 2:52 PM UTC
Originally posted by ⠀⠀⠀⠀⠀⠀ The real problem won't be shortages of food and supplies, it will be access to food and supplies. You will have to have the mark of the beast, a chip implanted in your body and a concoction in your bloodstream, or you will starve. You will starve to death, amidst an abundance of food.
no, you will own nuffin and youll be happy. -
2022-04-20 at 3:20 PM UTC
Originally posted by ⠀⠀⠀⠀⠀⠀ The real problem won't be shortages of food and supplies, it will be access to food and supplies. You will have to have the mark of the beast, a chip implanted in your body and a concoction in your bloodstream, or you will starve. You will starve to death, amidst an abundance of food.
It's not gonna be vaccine passports it will be web3
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2022-04-20 at 3:46 PM UTC
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2022-04-20 at 3:50 PM UTC
Originally posted by Donald Trump The system is the only game in town. There is no credible alternative, since communism fell and fascism became impossible. It won't collapse.
not at all.
the system only came to being with the advent of the industrial revolution.
we have had real economy for far longer before that.
we, both you and me.