53 Comments
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Michael Mcgarrity's avatar

TY Mr. Mannerino for defining the Term.

With Russian Sanctions driving fracture of Globalization into Multi Polarity and BRICS it will be increasing difficult to Price Oil and other Commodities in Dollars Globally.

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cm's avatar

the contango will end once oil is tokenized and traded on the new system... whatever that is called.

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gringo's avatar

Main problem here is all these commodities are competing with mighty US treasuries. It's a battle that the never won since 1913

Even gold could not compete with US treasuries.

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Jane Stillwater's avatar

According to military experts, America will LOSE a war with Iran. Russia and Iran and China and North Korea have been honing their weapon capabilities and battlefield skills in Ukra$ne while America has only been relying on legacy military tactics left over from WW II. WW II was an entirely different war -- no deadly drones or ultra-sonic missiles were involved back then. Aircraft carriers and most tanks are now obsolete, can be taken out with one missile. Iran has these missiles. America does not. Sigh.

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gringo's avatar

It has nothing to do with Iran. Economy is slowing somewhat and hence oil is going down. China is moving to electric cars extremely fast

Supply and demand. I think 30 is in the card

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dash riprock's avatar

Exactly...with economic output cratering demand softens...unless war.

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Straw Man's avatar

But look at all the jobs and money for congress pockets those obsolete weapons are good for Ching-Ching💰

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A.Wolven's avatar

USA already lost hegemony

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A.Wolven's avatar

History of Henry Kissinger;

https://rumble.com/v3zbbiw-meet-henry-kissinger-2009.html

Great video to watch by James Corbett

Like the Z-to-Z or the P-to-B-to-X power struggle, who is the smartest, who is the clown?

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A.Wolven's avatar

Who wants Elensky to go… quit easy… view the video above by James Corbett about Kissinger… and you get the answer!

The only savior in town with regard to Elensky could be Kissinger, but he has recently been sent to the closed kingdom of angels.

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dash riprock's avatar

Im not sure about the angels part....

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Ol Hickory's avatar

Probably a dump and pump before war with Iran gets going in 2024

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A.Wolven's avatar

Are you a shorter

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Ol Hickory's avatar

I wish

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James Hagen's avatar

so are you saying buy some USO stock? its done nothing but drop lately. I remember when USO was 12 a share. (yes I am old)

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Straw Man's avatar

The Pope concurs 😇

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James Hagen's avatar

The pope has no idea what a women is or a what in the bible. I am guessing he never read. Leviticus 18:22

New International Version

22 “‘Do not have sexual relations with a man as one does with a woman; that is detestable.

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A.Wolven's avatar

And Hillary NO knowledge / idea about almost everything.

Some people are so dump... yeah... watch yr BBC, NBC NYT etc etc🤣🤣🤣

Have you ever seen TG, Rummble, Odysee, Locals, Bitchute, Substack, Locals, Rutube, VK, etc etc?

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A.Wolven's avatar

It is IMPOSSIBLE NOT to find out the truth nowadays unless your name is Archy

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JS's avatar

Even Archie has built a bunker. 😆

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No name's avatar

Has anyone noticed US crude production is at record highs?

https://www.axios.com/2023/11/09/oil-price-today-chart-production

Nothing to do with the upcoming stooge selection I'm sure.

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JS's avatar

? When the contango dance started, maybe some were hearing the drums of "conflict" in Guyana area b4 the rest of us? OR , were among those invited to the drum circle. 🤔

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LV OLD MAN's avatar

just buy gold/silver ...everything else is fiat trash

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bald bastard's avatar

greg tell the good folks the good news crudes headed to the 50's

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bald bastard's avatar

hey greg if crude was a great buy at 80 it must be a robbery at 69, but why arent you pushing it ? Make up your mind dammit

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klaus slob's avatar

you really are a moron

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bald bastard's avatar

nice to know youre back long on the market greg after you got us all into these lousy oil stocks

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Gregory Mannarino's avatar

Lol... show me where/post a link to where I made a short term price call on crude/energy? My stance is long term.

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bald bastard's avatar

ok but why when crude fell from 90s to low 80s you said buy seems odd your not opptomistically sounding the horn to the flock to buy now that its at 69. greg?

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Gregory Mannarino's avatar

IMO, its a buy. Have you been watching my videos? I specifically said commodes would likely will fall under pressure as RISK ON is maintained in stocks... and that would be a buying opportunity... Do I need to repeat myself even more? Or do you really not watch the videos?

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bald bastard's avatar

bro im a supporter no reason to talk to me like im not you seem to not handle criticism well

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Gregory Mannarino's avatar

Criticize me all you like, but here you must admit you were wrong. I clearly explained that people should expect volatility. Look at even the titles of some of my recent videos. If you did not see the videos, thats ok.

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bald bastard's avatar

youre a good man greg and we love you for it

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bald bastard's avatar

shitbird director of xom unloaded 216 million dollars of his shares on 11/30 for a price of 104.06 its all rigged no wonder xom is in the toilet

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JS's avatar

Maybe they knew about Guyana "crisis" coming and are playing the short con while orchestrating the long con. IMO if you don't take into account the short term manipulation, might as well stay out. I'm not involved in the traditional market for that reason but started 👀 after hearing Greg talk about oil and, seriously contemplating putting some in an oil ETF. Time frame and risk factor is everything. Not been subscribed for long but I think it's unfair to expect someone to share their thoughts AND disclose what they're doing, then make them wrong for it. (If one took positions based on that person instead of DYOR and taking responsibility for the decision.) Debate useful with facts/opinions. Pointing fingers for the sake of right/wrong is, well, a waste of time and energy. If you sell now and in 6 months see you would have had good profits, would you then say oh crap, you were right and I should've listened? Anyway, I'm jumping in and probably just being annoying. 🖖

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bald bastard's avatar

in fact ive done every god dam thing you said to do

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Gregory Mannarino's avatar

Than you are in the right spots, IMO

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klaus slob's avatar

dont waste your time with him hes an ingrate

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JS's avatar

FYI every time I see your comments KLAUS, I want to ask if I can have the chocolate covered bugs. 😆

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bald bastard's avatar

gregs been calling for a market crash for 11 years!

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Gregory Mannarino's avatar

Is that why I have been long for years? Lol....

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Nickalos Braun's avatar

Greg, they've got to keep gasoline as low as possible for the holidays, with traveling and uptick in freight, just need to hold out till next year.

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James Hagen's avatar

global warming is to blame just ask Hillary https://x.com/SaltyGoat17/status/1731846539386011835?s=20

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Dec 6, 2023
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Gregory Mannarino's avatar

Its really not that simple.

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Nickalos Braun's avatar

Of course, just another piece of the illusion of candy landy.

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Ol Hickory's avatar

You’re leaving out geopolitics, war, energy regulation, etc.

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Nickalos Braun's avatar

Wait I thought is was climate change now 😆, I can't keep up.

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Straw Man's avatar

And some clown 🤡 sexual fantasy

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