I have spent my career in the energy industry and I find it quite amazing how relaxed the markets are in relation to Iran. Really is interesting - maybe the constant jawboning by politicians and their servants in the MSM is working? Anyway, personally, I think this is going to go for longer and hurt deeper than anybody expects. This trade is the least of my worries!
Meanwhile for those of us following Sam's stop suggestions, we just got stopped out on American Gold & Silver (USAS) and that is just as much of a head scratcher! Dropping precipitously with seemingly very little good reason.
It is rather "how the markets are in relation to the Israeli Epstein muppets in the White house, manipulating markets, starting wars, suppirting and comitting genocide, breaking election promises and financially mismanaging the budget and currency."
Great analysis. That said, if we get into a full-blown supply crisis, there will be immense pressure on the US and Gulf nations to restore global supply. Trump will Taco, which he always does at moments of crisis. Nothing has forced him to do so yet b/c he's been able to keep prices tame through SPR releases and jawboning.
I have spent my career in the energy industry and I find it quite amazing how relaxed the markets are in relation to Iran. Really is interesting - maybe the constant jawboning by politicians and their servants in the MSM is working? Anyway, personally, I think this is going to go for longer and hurt deeper than anybody expects. This trade is the least of my worries!
Meanwhile for those of us following Sam's stop suggestions, we just got stopped out on American Gold & Silver (USAS) and that is just as much of a head scratcher! Dropping precipitously with seemingly very little good reason.
It is rather "how the markets are in relation to the Israeli Epstein muppets in the White house, manipulating markets, starting wars, suppirting and comitting genocide, breaking election promises and financially mismanaging the budget and currency."
For tracking oil short term, wouldn't we just buy USO?
Great analysis. That said, if we get into a full-blown supply crisis, there will be immense pressure on the US and Gulf nations to restore global supply. Trump will Taco, which he always does at moments of crisis. Nothing has forced him to do so yet b/c he's been able to keep prices tame through SPR releases and jawboning.