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Buy oil, thank me later.
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2022-04-20 at 3:55 PM UTCI'd trace the modern capitalist system back to the venetian bankers, via london. It's way older than the industrial revolution or even the agricultural revolution.
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2022-04-20 at 6:25 PM UTCIt actually started with the Ships of Tarshish thousands of years ago, mentioned in Psalm 48:7 and other passages in the ancient manuscripts.
"Tarshish was your merchant because of your great wealth of goods; they exchanged silver, iron, tin, and lead for your wares. Javan, Tubal, and Meshech were your merchants. They exchanged slaves and bronze utensils for your merchandise. The men of Beth-togarmah exchanged horses, war horses, and mules for your wares. The men of Dedane were your clients; many coastlands were your market; they paid you with ivory tusks and ebony. Aramf was your customer because of your many products; they exchanged turquoise, purple, embroidered work, fine linen, coral, and rubies for your wares. Judah and the land of Israel traded with you; they exchanged wheat from Minnith, cakes and honey, oil and balm for your merchandise. Because of your many products and your great wealth of goods, Damascus traded with you wine from Helbon, wool from Zahar, and casks of wine from Izal for your wares. Wrought iron, cassia, and sweet caneh were exchanged for your merchandise. Dedan was your merchant in saddlecloths for riding.
Arabia and all the princes of Kedar were your customers, trading in lambs, rams, and goats. The merchants of Sheba and Raamah traded with you; for your wares they exchanged gold, the finest of all spices, and precious stones. Haran, Canneh, and Eden traded with you, and so did the merchants of Sheba, Asshur, and Chilmad. In your marketplace they traded with you fine garments of blue, embroidered work, and multicolored rugs with cords tightly twisted and knotted. The ships of Tarshish carried your merchandise. And you were filled with heavy cargo in the heart of the sea.
Your oarsmen have brought you onto the high seas, but the east wind will shatter you in the heart of the sea. Your wealth, wares, and merchandise, your sailors, captains, and shipwrights, your merchants and all the warriors within you, with all the other people on board, will sink into the heart of the sea on the day of your downfall." - Ezekiel 27
Because Tarshish became so wealthy, it relied on its own resources and not on God, and for this reason He cursed it. (Isaiah 23:1, 6, 10, 14; Psalm 48:7; Ezekiel 27:12 - ) A city God curses is utterly destroyed, and little if any of it remains today. Like Sodom and Gomorrah it is totally destroyed and "its place remembers it no more!" For this reason, no one knows where Tarshish is today -
2022-04-20 at 11:33 PM UTC
Originally posted by Donald Trump I'd trace the modern capitalist system back to the venetian bankers, via london. It's way older than the industrial revolution or even the agricultural revolution.
capitalism is not the problem, its the issuance of imaginary fsntasy money and then making money from interests of these fictional money that is. -
2022-04-21 at 12 AM UTC
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2022-04-21 at 1:03 AM UTC
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2022-04-24 at 1:21 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.
Bullshit -
2022-04-24 at 1:55 PM UTC
Originally posted by aldra and more recently, rent-seeking being far more profitable than productive behaviour
rent-seeking has always been far more profitable than any productive endeavour which is why ursury and interests were forbiden by many religions including christianity.
what is new tho is the total removal of the legal limits with which rent-seeking activities can be regulated that resulted in the ability to rent the same debt out to multiple rentiers and collect multiple rent (interests) at the same time.
financialization is how a dollar of debt can generate tens of dollars of interests before its being repaid, if it ever gets repaid. -
2022-04-24 at 1:56 PM UTC
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2022-04-24 at 1:57 PM UTC
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2022-06-09 at 12:08 AM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2022-06-09 at 12:17 AM UTCKSA said they'd ramp up production and the price jumped last week. It's because putin Russia putin Russia Ukraine Hitler
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2022-06-09 at 5:52 AM UTCI heard bismuth is the play this year
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2022-07-14 at 10:20 PM UTCBiden is dumping oil out of the strategic petroleum (actually oil) reserve at the rate of 1 million barrels a day. It's working, it's forcing oil prices down.
The current SPR release ends in October, he can extend it, but by October the SPR is going to be low.
Oil is currently less than $100 a barrel, my guess is we could wind up eighty something before October. If it drops to eighty something you should sell your car and max out your credit cards to buy, because it'll be $140 at some point in 2023. Easiest money you will ever make, just remember to sell when it's up and don't hold on too long because you're too greedy to sell. -
2022-07-14 at 10:46 PM UTC
Fucking lunatic day today.
Crashed like 5% only to finish flat.
It'll only get worse. -
2022-07-15 at 12:30 AM UTCThink about this shit though. Twice in one year I made and lost 150k.
Wouldn't you feel like blowing your brains out after that shit? -
2022-07-15 at 12:33 AM UTCI'd feel like blowing someone's brains out
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2022-07-15 at 12:39 AM UTC
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2022-07-15 at 1:20 AM UTC
Originally posted by Donald Trump Think about this shit though. Twice in one year I made and lost 150k.
Wouldn't you feel like blowing your brains out after that shit?
Every dollar I have ever made in my entire life is spent, gone, borrowed, owed or lost.
I don't feel anything no matter how much I get or lose.
There is no limit on the capacity to create value but you can only save and invest so muchThe following users say it would be alright if the author of this post didn't die in a fire! -
2022-07-15 at 2:52 AM UTCAlso well done you cunts, you're as dumb in July as you were in January.
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2022-07-15 at 3:43 AM UTC
