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but he wants to be a finance philosopher instead of work on an assembly line building ford trucks, or some other real job. can't you let him have his fun and support the cause to do work theatre?
Nah, from what I can tell they usually do play out. They just don't always play out as fast as you think they will. Oil will most definitely go up. With multiple conflicts heating up around the globe and the BRICS nations coming together to work out the details, shipping being all out of whack because of the houthis, and the NordStream fiasco there isn't any other place it can go. Supply will be further strained and if the wars continue demand will be high. I can't say how high it'll go nor how fast, but IT WILL GO UP. The doom and gloom that we'll experience as everyday people is 10$/Gallon at the pump across the country, something like that. We won't see it as the death of the dollar or total economic crash but it will be felt.
I truly admire your positivity on the scenario of peace on earth for the next three years. In the meantime, I will dive into once in a life time bargain.
$350 oil is like saying keep 6 feet apart during COVID. It's just a made-up number. No one really knows the exact price because it all depends on what happens.
Really 350? Why not choose $500 or just say $1000 a barrel. The world would increase production when it gets over $80. Doom and gloom David. Hyperbole crazy…
If that happens USA and Canada would ban exports. We would go down to $60 overnight . Europe and China prices could explode. Not worried about it . Europe should
If the US and Canada choose to continue oil exports under these circumstances; OPEC will enjoy a high price on overseas oil sales; they will also dilute supply in the US and Canada and therefore enjoy high profits there too; the US and Canadian government will enjoy a large volume of tax receipts; and they will reignite inflation so that they (the governments and corporations) can disinflate their debt, which I believe is the end game right now. The inflation cycle that was kick-started by the worlds reaction to Covid was not an accident and will need to continue for decades in order to be effective, so more action will be taken to fuel inflation into the future.
“Refining capacity” so wishful thinking on that however - if you think about it this is actually what corporate America wants as we kinda sorta produce the most oil
None of the experts talk about the oil deficit in the market. Currently it is 785 thousand barrels a day (kb/d). Or the fact an increasing supply of what is traded on the market is condensate and not crude oil. The Permian basin is the only shale basin growing production in the U.S. and it is expected to begin to decline in Q1 2025. Guyana and Brazil could ramp production but not at current prices. I predict when the oil deficit is 3mb/d the oil price will spike over $200 a barrel.
Everything seems strange right now. society are finding it necessary to acquire new sources of income due to Inflation / shifting economic conditions. For this reason, I am considering investing in the stock market to help me reach my $1 million retirement goal; my main concern is the recent market meltdown.
There are strategies capable of delivering consistent gains irrespective of economic or market conditions, but these are typically implemented by seasoned investment experts or financial advisors.
You're right! In light of individual experience working with a financial adviser, I presently have over $1m in a very much enhanced portfolio that has encountered dramatic development, you also need to be knowledgeable, persistent, and have strong hands to support your investment
I've stuck with the popularly ‘’Monica Shawn Marti” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, I agree with her.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@zenlei8258 there has been a conglomerate entity that has been systejatically acquiring all the important global powers since before I was born in 1956. They directly control oil on planet Earth. They directly control ALL aspects of global finance. They literally OWN the USD, EURO, CAD, AUD, POUND AND ON. They control ALL ASPECTS OF MEDICINE worldwide. ALL media including internet. You need to spend significant time research. I have spend 16 years daily researching.
@zenlei8258 their goal is to force one world gov dictatorship upon humanity by way of total collapse. Collapse physically (with depop), financially, socially, politically, religiously......EVERYTHING....And that is what is going on right now as the world is witnessing. My knowledge is extensive and accurate.
Maybe the straits of Hormuz will be closed. Maybe not. But the ECB will need to bail out France. Not a maybe. That will affect the price of oil via the value of paper currency.
Oil at $350 is crazy i doubt it will happen but during depression nobody needs oil? Lol both these statement are crazy. almost everything have crude oil even in food. So u don't eat, work, light up shit and no transport? Yea right... even clothes u wear have fossil fuel components. Everybody needs oil no matter for what and when.
What about for usa oil price that the president can implement a stop of export when oil price is to high to stabilize the us price. So set itself apart from global oil price by stopping export of oil. The president has the power to act. Don't recall what it is called but the option is there. What would be the situation or price level where this act might accur ? Thank you
Right but even doing this will have implications. Sure our gas will be cheap, but that just means Russia and other oil rich nations will be out there making money hand over fist while we sit back and watch. Because everyone needs oil and they gonna get it from somewhere.
logically, closure of Hormuz would be done by iran, and US would be trying to open it(looking at the success US had in stopping Hauthis, it is suspect how good it would be here)... but israel and US would have attacked iran oil industry first... even quickly ending this conflict would have caused plenty of damage.. so, it would push the world into recession
Iran, Saudi Arabia, and Russia would not want the worst case scenario to happen. Why? No one get to sell their oil, except the US. Russia cannot refine their own oil and need to send it to other countries.
David, OPEC didn't flood to negative. Back in the days before negative, american oil had problems dealing with low prices, then CNN show padlock in the middle of nowhere and oil go negative. Unlimited shorts received unlimited losses. Few weeks later chinese start revolting near their banks, that because they used to receive a steady coupon from "beautifuloil" and now banks bill them with 4 to 5 figures. I still have kitco charts pix showing shorts losses over 21000%
I recall listening to one investor on this channel who stated oil will do while in a recession. I took the other side of that trade. USOIL landed to what ... $63.00ish from around $80. I don't think short sellers will have a big enough pair to even try and push oil down with Middle East tensions. By the way all i trade is oil. It's a hell of a market the best of times but this PA 3 - 4% daily moves is something else. We recently got slightly higher inflation and higher unemployment figures and oil shuck it off which tells me Iran/Israel is taking president over weak global economic data. Goes anywhere near $350 bucks a barrel I'll buy the world a drink. ; }
@bw9382 That's literally how this episode started if you were listening. It's not click bait. This gentleman made a prediction, and David is interviewing him to find out why he stands by his prediction.
Iran's oil mostly goes to China. China would then need to source from elsewhere. If Iran hit Saudi oil then we all need to go somewhere else. The US, Canada, Nigeria likely win in this scenario. If China is effected it effects all of us though and sends prices higher as they make most of the stuff in the world today. We will see a spike in inflation for sure. Gold will shoot up to $3000 maybe even higher. I think this is not a likely scenario though. Sell the news.
It might be unlikely that something like described in the video will happen, but scenarios are useful to think about things that could happen in the future.
In nominal inflation prices of oil is unchanged , it’s near the same price from 2009. Where as. The price of potatoes was $1.99. VS today at $5.99 so this north of $ 120 oil I don’t believe it would take us into recession . The better question is why oil was going towards $60 prior to the Israel war escalation and the answer is the world is pricing in a recession and deflation . This spike in oil is purely swing trade speculation , pump and dump rug pull, and I see oil going south of $35 WTI by next year as we are in a hard landing recession in 2025. In addition , USA produces more oil and gas than any other country in the world.
People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?
truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 532k in the space of a few months... I'm especially grateful to Milton Harper , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
I still don't understand why oil prices would rise. Russia and Saudi Arabia are the top producers, and only western ships are under assault in the straight. Also, the US gets its oil from Canada, and is the second largest producer of LNG. If prices go up it's because someones money stopped overseas, and not because there is any kind of shortage of oil inside the country. Capitalism....
@@rogerburn5132 What?? Saudi oil doesn't go through the straight alone. It has pipelines and major ports on the Red Sea. It doesn't need the straight to ship oil. Plus, the Houthi are not attacking Saudi ships.....yet.
That would require someone to flood the market with super cheap oil that anyone and everyone could buy to lower demand. Sure I guess it's possible but not very. Lol. I don't think any one country is even capable on it's own.
Oil reserves in the US can provide opportunities for investors to benefit from the performance of the oil industry and potentially earn profits as the country's oil reserves play a significant role in the economy and global energy markets. However, it's crucial to thoroughly research and understand the risks associated with investing in this sector, such as volatility in oil prices, geopolitical factors, and regulatory changes. .
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Thanks for the forecast! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Nice thought, but oil price can turn on a dime. The US oil industry is very robust but it's not feasible to think we could ramp up fast enough. Couple of oil tankers get sunk, paired with a couple trade deals between some countries oil could double in a day. We can't possibly drill fast enough, let alone refine it and ship it out to the world fast enough to meet demand and keep price down. You gotta have that shit already in place or something.
@@Scott-vy4zj Actually the frackers can ramp up pretty quickly, provided they can get the sand, chemicals, water that they need. Last I heard, they had more leases than operations (it was something Biden was trying to negotiate them into acting on, early in his term, I haven't heard what happened since the frackers initially said no to increasing the rate of expansion). Since fracking needs prices north of about $45-55 to be viable, there would be little reason for them to be unwilling in any scenario even close to what the video describes. If oil went north of $150 you can bet that whoever the president is at the time would have somebody presenting them with the idea of assigning USACE the job of ensuring that supply pipeline, fast. The frackers would probably push to negotiate some govt deal that protected them from EPA obstacles and any downside in case prices dumped after they spent the money on a build-up, but we've written bigger checks for less benefit in the past. Underwriting the risk would be a rounding error compared to Covid or the GFC. Refining capacity I suspect is a bit more of a challenge within the US, but in a pinch you could see deals made to ship to and from India to expand that. It's the same deal basically that Russia used to keep itself afloat during the current conflict with Ukraine, India refines a hunk of the Russia supply for global resale. Gas would be expensive, but available.
@@mgtowlevel5293 Actually, Biden early in his term tried to negotiate with the frackers to increase their rate of production. Political bias tends to filter out useful information, it's better to just be aware of the information and let it have whatever value it merits, since the market doesn't care about bias except as a way to take money from traders. When Biden made the negotiation attempt, oil prices were still on the lower side at that point, and they were unwilling to take on the risk. Frackers need prices north of $45-$55 to be viable. That's more the determining factor. No administration right now really needs to do that much to facilitate it, unless things have changed recently many companies had more leases than the willingness to operate them. As much as people like to either blame an administration, or an administration like to take credit for something, when it comes to fracking it mostly boils down to having global prices that are higher and stable enough to predict long-term viability of any $CAPEX investments made. As much as today people like to complain about oil and gas prices, they also like the idea that the US produces more oil... which is mostly true because the higher oil prices are allowing the frackers to operate. If oil hits $40, that supply source dwindles fast.
350 dollar oil would be great for the dollar. Ppl yet to detail how inflation inside and outside the dollar will only drive the dollar higher and the DXY has responded favorably to high oil prices. It's as if people think the Fed and bond purchasers wouldn't respond to factor in a spike of oil prices... the burden is not domestic as people think. Lots of levers to pull if that were to happen Now, if you're a European african or from Asia 350 dollar oil is far more likely and to be much more negative in a relative sense... you'd likely see countries freak out and scramble for US DOLLARS to buy oil from US sphere which is the only bloc which can keep trade lanes open all over the world and have a 10x1 kinetic portfolio at its convenience and strategic and geopolitics interests at its whim and will
@rogerburn5132 America just lifted the embargo on exports a handful of years back. As the largest supplier we could re establish the embargo and still export... but if it does go up that high it will crush countries before usa that struggle to get dollars with gas at 2 dollars a gallon in their domestic economies
Is oil about to spike?
Sign up for an IRA with ITrust today using this link: itrust.capital/David
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These doom and gloom predictions rarely come true. Usually, what happens are events no one ever thinks about.
but he wants to be a finance philosopher instead of work on an assembly line building ford trucks, or some other real job. can't you let him have his fun and support the cause to do work theatre?
20$ oil
Nah, from what I can tell they usually do play out. They just don't always play out as fast as you think they will. Oil will most definitely go up. With multiple conflicts heating up around the globe and the BRICS nations coming together to work out the details, shipping being all out of whack because of the houthis, and the NordStream fiasco there isn't any other place it can go. Supply will be further strained and if the wars continue demand will be high. I can't say how high it'll go nor how fast, but IT WILL GO UP. The doom and gloom that we'll experience as everyday people is 10$/Gallon at the pump across the country, something like that. We won't see it as the death of the dollar or total economic crash but it will be felt.
I truly admire your positivity on the scenario of peace on earth for the next three years. In the meantime, I will dive into once in a life time bargain.
@@hkrainman Ha. If it was such a bargain, the market would have already moved.
$350 oil is like saying keep 6 feet apart during COVID. It's just a made-up number. No one really knows the exact price because it all depends on what happens.
Sounds like a click bait header to me too. Total bullish.
Disappointed that Lin would damage his credibility with scare stories like this.
It could be 500 dollars or 1000 dollars demand and supply
@@waltm869 It's foolish, until it isn't :)
@@frankbryan3478 Get back to me when it does. Otherwise enjoy waiting around for something that’s not going to happen.
$350 dollar oil prediction is sensational, and this is it! David: you need to forget these people who has no common sense, but sound smart.
Right…. Come on… it would suck out purchasing power like hell even at 130-150 usd.
Recession area is at 120 usd already.
One of the best interviews…..different from the usual…and great to see focus on oil
Really 350? Why not choose $500 or just say $1000 a barrel. The world would increase production when it gets over $80. Doom and gloom David. Hyperbole crazy…
Oil is actually cheap compared to the past. Wait until the dollar starts losing value vice gain . Then you’ll see oil climb.
yup, when USD continue to devalue, 100 oil is still cheap.
-Not just cheap, but unbelievably cheap
The problem is Iran has said that if they are attacked Iran could target Soudi Arabia oil feeds.
If that happens USA and Canada would ban exports. We would go down to $60 overnight . Europe and China prices could explode. Not worried about it . Europe should
agree
If the US and Canada choose to continue oil exports under these circumstances; OPEC will enjoy a high price on overseas oil sales; they will also dilute supply in the US and Canada and therefore enjoy high profits there too; the US and Canadian government will enjoy a large volume of tax receipts; and they will reignite inflation so that they (the governments and corporations) can disinflate their debt, which I believe is the end game right now. The inflation cycle that was kick-started by the worlds reaction to Covid was not an accident and will need to continue for decades in order to be effective, so more action will be taken to fuel inflation into the future.
“Refining capacity” so wishful thinking on that however
- if you think about it this is actually what corporate America wants as we kinda sorta produce the most oil
USA and Canada restriction of exports would raise prices. It’s restriction of oil capacity that raise prices
US is running out of it's own oil. We're pumping 10 times faster than we should be.
None of the experts talk about the oil deficit in the market. Currently it is 785 thousand barrels a day (kb/d).
Or the fact an increasing supply of what is traded on the market is condensate and not crude oil.
The Permian basin is the only shale basin growing production in the U.S. and it is expected to begin to decline in Q1 2025. Guyana and Brazil could ramp production but not at current prices.
I predict when the oil deficit is 3mb/d the oil price will spike over $200 a barrel.
Oh ya ~Oil to $350
Bitcoin to $1000000
Gold to $50000
Tsla to $20000
Nikola to $10000
In year 20300
These headphone guests sound terrible. Sorry. I mean their sound quality.
Everything seems strange right now. society are finding it necessary to acquire new sources of income due to Inflation / shifting economic conditions. For this reason, I am considering investing in the stock market to help me reach my $1 million retirement goal; my main concern is the recent market meltdown.
There are strategies capable of delivering consistent gains irrespective of economic or market conditions, but these are typically implemented by seasoned investment experts or financial advisors.
You're right! In light of individual experience working with a financial adviser, I presently have over $1m in a very much enhanced portfolio that has encountered dramatic development, you also need to be knowledgeable, persistent, and have strong hands to support your investment
Hope you don't mind if I ask you to recommend this particular professional you use their service?
I've stuck with the popularly ‘’Monica Shawn Marti” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, I agree with her.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Great to see this oil focus
Oil and its price is controlled directly by the same global entity that directly controls all aspects of global financial system
Who are those global entity ?
@zenlei8258 there has been a conglomerate entity that has been systejatically acquiring all the important global powers since before I was born in 1956. They directly control oil on planet Earth. They directly control ALL aspects of global finance. They literally OWN the USD, EURO, CAD, AUD, POUND AND ON. They control ALL ASPECTS OF MEDICINE worldwide. ALL media including internet. You need to spend significant time research. I have spend 16 years daily researching.
@zenlei8258 their goal is to force one world gov dictatorship upon humanity by way of total collapse. Collapse physically (with depop), financially, socially, politically, religiously......EVERYTHING....And that is what is going on right now as the world is witnessing. My knowledge is extensive and accurate.
Surprised that such a good show has so many "deep thinkers" in the comment section...
we had -40 $/bbl in 2020, so 350 oil is possible but wouldn't last long
I think you hit the nail on the head.
Did anyone catch WurmpInu’s ad in Times Square? The excitement is unreal!
The main problem there with shekel, approaching to its low and lawmakers try to go against cash hording, gold purchase
WurmpInu’s Times Square ad proves it’s more than just a meme coin - it’s a movement!
Another wrong oil call.
Nice to se a fellow Norwegian on the show!
Same here!
they are all that weird ? 😂 350 oil??!
Maybe the straits of Hormuz will be closed. Maybe not.
But the ECB will need to bail out France. Not a maybe. That will affect the price of oil via the value of paper currency.
How about recessionary pressures to put a lid on oil?..
How about the next 5-10 years? Oil is under-invested in, right?
Also, pigs could fly!
In a depression nobody needs oil. Prices drop. This guy been living under a rock last 20 years ? ,2025 ain't gonna be pretty
Oil at $350 is crazy i doubt it will happen but during depression nobody needs oil? Lol both these statement are crazy. almost everything have crude oil even in food. So u don't eat, work, light up shit and no transport? Yea right... even clothes u wear have fossil fuel components. Everybody needs oil no matter for what and when.
@@providencez9496 My guess is he means in a depression consumption will reduce thus overcapacity of oil leading to lower prices.
What about for usa oil price that the president can implement a stop of export when oil price is to high to stabilize the us price. So set itself apart from global oil price by stopping export of oil. The president has the power to act. Don't recall what it is called but the option is there. What would be the situation or price level where this act might accur ? Thank you
Right but even doing this will have implications. Sure our gas will be cheap, but that just means Russia and other oil rich nations will be out there making money hand over fist while we sit back and watch. Because everyone needs oil and they gonna get it from somewhere.
Transport forever ♥️
logically, closure of Hormuz would be done by iran, and US would be trying to open it(looking at the success US had in stopping Hauthis, it is suspect how good it would be here)... but israel and US would have attacked iran oil industry first... even quickly ending this conflict would have caused plenty of damage.. so, it would push the world into recession
Shortage of every single thing sir
Oil price US350 for non BRICS-BRI countries
Iran, Saudi Arabia, and Russia would not want the worst case scenario to happen. Why? No one get to sell their oil, except the US. Russia cannot refine their own oil and need to send it to other countries.
Yeah, yeah! SELL IMMEDIATELY
Wait, so you are saying this is a bad time to buy an Ineos Grenadier?
The CCP likely does not want the Strait of Hormuz closed for their own energy security.
Maybe not but being part of BRICS I'm sure Putin and Xi could work something out to make it a matter of no concern.
David, OPEC didn't flood to negative. Back in the days before negative, american oil had problems dealing with low prices, then CNN show padlock in the middle of nowhere and oil go negative. Unlimited shorts received unlimited losses. Few weeks later chinese start revolting near their banks, that because they used to receive a steady coupon from "beautifuloil" and now banks bill them with 4 to 5 figures. I still have kitco charts pix showing shorts losses over 21000%
Sure... Wake me when it 🎯 over $100 first.
I recall listening to one investor on this channel who stated oil will do while in a recession. I took the other side of that trade.
USOIL landed to what ... $63.00ish from around $80.
I don't think short sellers will have a big enough pair to even try and push oil down with Middle East tensions.
By the way all i trade is oil. It's a hell of a market the best of times but this PA 3 - 4% daily moves is something else. We recently got slightly higher inflation and higher unemployment figures and oil shuck it off which tells me Iran/Israel is taking president over weak global economic data. Goes anywhere near $350 bucks a barrel I'll buy the world a drink. ; }
Precedent
No way. Saudi said they are dropping oil to 20 pg soon!!
Never happen.
Your guest has poor audio.
Excellent video ...Happy "Columbus Day" to all Americans
If WurmpInu gets confirmed on Coinbase, I’m ready for a wild ride to 1000x!
Click bait?
Yes, its fucking absurd speculation with a basis that is completely exaggerated. Its not even speculation at this point its just a thought experiment.
@bw9382 That's literally how this episode started if you were listening. It's not click bait. This gentleman made a prediction, and David is interviewing him to find out why he stands by his prediction.
yes like always
Thought experiments are useful!
It might not be a closure but the festruction of production facilities . No Navy going to fix
I have seen oil price crash in 2016 but oil spike is not possible as Iran oil is not the oil for the whole world.
Oil over $120 would collapse the markets. The real economy is already beat down.
Iran's oil mostly goes to China. China would then need to source from elsewhere. If Iran hit Saudi oil then we all need to go somewhere else. The US, Canada, Nigeria likely win in this scenario. If China is effected it effects all of us though and sends prices higher as they make most of the stuff in the world today. We will see a spike in inflation for sure. Gold will shoot up to $3000 maybe even higher. I think this is not a likely scenario though. Sell the news.
Russia
Considering how successful the West has been at reopening the Red Sea, I wouldn't be too confident about the strait of Ormuz
Ya well then bet me a million bucks.odds are less than 1 in a hundred.
Oil is tanking today. A $350 oil price call means it's going to $40.
Who's to say Iran would not continue to let flow through to its ally China.
What a load of crap.
Why does this guest think the USA cares about oil as an international commodity anymore?
more garbage in garbage out on this channel going for click bait
This gentleman made a prediction, and David is asking him to explain. How is this click bait?
It might be unlikely that something like described in the video will happen, but scenarios are useful to think about things that could happen in the future.
In nominal inflation prices of oil is unchanged , it’s near the same price from 2009. Where as. The price of potatoes was $1.99. VS today at $5.99 so this north of $ 120 oil I don’t believe it would take us into recession . The better question is why oil was going towards $60 prior to the Israel war escalation and the answer is the world is pricing in a recession and deflation . This spike in oil is purely swing trade speculation , pump and dump rug pull, and I see oil going south of $35 WTI by next year as we are in a hard landing recession in 2025. In addition , USA produces more oil and gas than any other country in the world.
Absolutely ZERO chance of that happening. ZERO
The price will go up because of inflation not becase of demand.
Green will keep slowly eating up market share.
' ! ❤ ! " Responsibility Matters for ALL Lives " ! USA ! *
Why $350? Why not $500? $5000?
I’ll be riding my motorcycle a lot it looks like ….
Russia should close the gas lines to Europe just to give them a listen mostly to Germany.
More nonsense.
hahahaha this guy likes to live in fear
People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?
truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Stacy Lynn Staples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 532k in the space of a few months... I'm especially grateful to Milton Harper , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He mostly interacts on Telegrams, using the user-name,
@MiltonHarper
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.
sounds familiar, I have heard his name on several occasions.. and both his success stories in the wall Street journey!
Iran is not the problem
“Shan’t we…” 😂
I still don't understand why oil prices would rise. Russia and Saudi Arabia are the top producers, and only western ships are under assault in the straight. Also, the US gets its oil from Canada, and is the second largest producer of LNG. If prices go up it's because someones money stopped overseas, and not because there is any kind of shortage of oil inside the country. Capitalism....
Because Soudi Arabia oil Tankers have to pass through straight of Hormus look the Map
@@rogerburn5132 What?? Saudi oil doesn't go through the straight alone. It has pipelines and major ports on the Red Sea. It doesn't need the straight to ship oil. Plus, the Houthi are not attacking Saudi ships.....yet.
$60 oil
$90 DXY
6500 S&P. You heard it here first.
You want to make a bet on the 6500 S&P? What’s your time frame ?
@@4hartrich end of 2025
@@dev4statingx90 it’ll dump out before than but who knows we may get soooo much stimulus we get a reverse melt up
ClickBait
Right lol. His guests is getting wild.
Yea no
Yeah, l’m sick of this doom and gloom just to get eyeballs.
Oil not like gold if oil go 5x people will not get any food😢
I would rather believe bitcoin reaches 1 mil before this happens
It won't happen , will happen on my dream
20$ Oil could be possible too 😂🙂😂
That would require someone to flood the market with super cheap oil that anyone and everyone could buy to lower demand. Sure I guess it's possible but not very. Lol. I don't think any one country is even capable on it's own.
When trump get president yes
I don't think the powers that be want $350/bbl... maybe $85
With government crooked control of the futures market?
(Which itself must result in more supply crunch! Maybe we need free markets again!
Oil reserves in the US can provide opportunities for investors to benefit from the performance of the oil industry and potentially earn profits as the country's oil reserves play a significant role in the economy and global energy markets. However, it's crucial to thoroughly research and understand the risks associated with investing in this sector, such as volatility in oil prices, geopolitical factors, and regulatory changes.
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There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
All conceivable scenarios are priced in.
A change of heart by EV phobes then.
I’m mad as hell !!!
Thanks for the forecast! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Course of oils 🛢 to the orbital of cosmic cells in the moon
Oil is free
❤❤❤❤❤❤❤❤❤
they may only stop empty ships coming in to take oil to europe
Don’t worry oil will not go 5x
Quit teasing me.I hope oil hits this
pointless speculation.
3 guys in a donut shop can conclude the same outcomes, with price assumptions.
Free Persia
We would fast track more oil drilling in the US before $350 ever happened.
Nice thought, but oil price can turn on a dime. The US oil industry is very robust but it's not feasible to think we could ramp up fast enough. Couple of oil tankers get sunk, paired with a couple trade deals between some countries oil could double in a day. We can't possibly drill fast enough, let alone refine it and ship it out to the world fast enough to meet demand and keep price down. You gotta have that shit already in place or something.
LOL not this administration 🤣😂🤣
@@Scott-vy4zj Actually the frackers can ramp up pretty quickly, provided they can get the sand, chemicals, water that they need. Last I heard, they had more leases than operations (it was something Biden was trying to negotiate them into acting on, early in his term, I haven't heard what happened since the frackers initially said no to increasing the rate of expansion). Since fracking needs prices north of about $45-55 to be viable, there would be little reason for them to be unwilling in any scenario even close to what the video describes. If oil went north of $150 you can bet that whoever the president is at the time would have somebody presenting them with the idea of assigning USACE the job of ensuring that supply pipeline, fast. The frackers would probably push to negotiate some govt deal that protected them from EPA obstacles and any downside in case prices dumped after they spent the money on a build-up, but we've written bigger checks for less benefit in the past. Underwriting the risk would be a rounding error compared to Covid or the GFC. Refining capacity I suspect is a bit more of a challenge within the US, but in a pinch you could see deals made to ship to and from India to expand that. It's the same deal basically that Russia used to keep itself afloat during the current conflict with Ukraine, India refines a hunk of the Russia supply for global resale. Gas would be expensive, but available.
@@mgtowlevel5293 Actually, Biden early in his term tried to negotiate with the frackers to increase their rate of production. Political bias tends to filter out useful information, it's better to just be aware of the information and let it have whatever value it merits, since the market doesn't care about bias except as a way to take money from traders. When Biden made the negotiation attempt, oil prices were still on the lower side at that point, and they were unwilling to take on the risk. Frackers need prices north of $45-$55 to be viable. That's more the determining factor. No administration right now really needs to do that much to facilitate it, unless things have changed recently many companies had more leases than the willingness to operate them. As much as people like to either blame an administration, or an administration like to take credit for something, when it comes to fracking it mostly boils down to having global prices that are higher and stable enough to predict long-term viability of any $CAPEX investments made. As much as today people like to complain about oil and gas prices, they also like the idea that the US produces more oil... which is mostly true because the higher oil prices are allowing the frackers to operate. If oil hits $40, that supply source dwindles fast.
Everything is about to spike. Inflation driven bull market incoming
Yep, and the Sun could begin to rise from the west. But neither will happen.
Yawn.. oil demand is reducing
350 dollar oil would be great for the dollar. Ppl yet to detail how inflation inside and outside the dollar will only drive the dollar higher and the DXY has responded favorably to high oil prices. It's as if people think the Fed and bond purchasers wouldn't respond to factor in a spike of oil prices... the burden is not domestic as people think. Lots of levers to pull if that were to happen
Now, if you're a European african or from Asia 350 dollar oil is far more likely and to be much more negative in a relative sense... you'd likely see countries freak out and scramble for US DOLLARS to buy oil from US sphere which is the only bloc which can keep trade lanes open all over the world and have a 10x1 kinetic portfolio at its convenience and strategic and geopolitics interests at its whim and will
Wow your grammar sucks
Apparently you missed the news, but oil is sold in other than dollars now, the petrodollar system is basically dead.
@@Stone881- Our petrodollar scam is still alive and well.
You think Americans would happy to pay 20 or 30 dollars per gallon of petrol think again 😂😂😂
@rogerburn5132 America just lifted the embargo on exports a handful of years back. As the largest supplier we could re establish the embargo and still export... but if it does go up that high it will crush countries before usa that struggle to get dollars with gas at 2 dollars a gallon in their domestic economies
Petroline is there for that...