Oil won't be down for long. The US has quietly been sending billions in weapons to Israel. I think we know Iran is next. Once that shit hits the fan oil prices will explode.
If you think the DeepState / Globalists still have their agenda of subjugating China and Russia by way of destroying Iran first then at the rate of filling the SPR before the West goes to war with the rest of the world is about a 2 year time frame. Also the West is rapidly running out of time to have the military capability. My wish is that humanity (the normal people) can stop our sociopathic narcissistic psychopathic "leaders" from destroying and enslaving humanity. If every human being on earth bought 1oz of physical silver it will collapse the central Banks and we will be free. There is also the cosmic story that humanity needs to solve by working together instead of fucking each over. Look into Randall Carlson' Catastrophism.
Administration is the cause of the price of oil going down, it is part of their multi phase plan. They have engineered down these prices in order to help hide inflation. All markets are engineered in some form of fashion, and the oil markets are no different. What they are risking right now is huge oil price increases in the coming year and beyond. Trump has given the oil producers, a tax break to offset their losses with the lower oil price. The problem is these producers will cut back on their rig counts. This is not something that can be moved up and down very quickly. I can’t suddenly increase the rig count. Keep up with needing more oil production if there is a true deficit in supply. Yes, in time oil prices are going to go much higher, but it could be at least a year or so before that happens. Administration is playing with fire here. Play banana republic games you’re gonna get banana republic prizes.
It would be prudent given the war stance of China to refill it.
The Chinese military is working with the cartels in Mexico and Canada because it is a trillion dollar cash cow for them and an attack on the US. Trumps troop movements could mean a war in Mexico.
Trump 1.0 refilled our Strategic Petroleum reserves when oil was cheap. O'Biden sold it or gave most of it away, drawing it down to it's lowest levels ever, in hopes of getting support from the American people by giving us cheaper gas prices. The SPR is supposed to be there for emergencies, not for gaining political capital. Trump is just being prepared, like he was the last time.
Geo-Politics marries the common man with state...You're getting played by the market (currency traders - derivative floaters) whether you have money in the stock market or you're holding worthless paper and paying bills with digits or cash. Managed global wealth transfers for globalist pigdogs with militaries the size of small Western European countries probably should carry reserves, (real 'reserves' though -not brokered by foreign owned ports Clinton sold - used to pay debts to China - as Biden did.) Reserves are for war peddlers - rigged commodity markets don't add gold Fort Knox or make our money sound/stable - worth less everyday. Diesel/petroleum will be replaced by Zero Point Energy - oil an ancient relic... but not before gas is $10/gallon - odd numbered license plates get their rations only Monday and Fridays and the first letter of your last name is in the second-half of the alphabet. Yes they can always make us feel as though they give us things - Presidents too.
That won't happen, Opeq has already supressed rates to compete with Russian NG. Opeq would lose too much money going lower than they already are. Maybe Trump could request the banks to stop printing money instead?
It seems to me there is a big mystery behind crude oil. It certainly does not seem to be influenced by market dynamics. What does influence it? Why has the concept of "peak oil" disappeared? It was a major concern among the alt media back in the 1990s, attested to by petroleum sages such at Matthew R Simmons and Richard Heinberg. Then, somewhere around 2010 or so, it disappeared as a concept after the world mathematically passed the production peak around 2005. And there seems to be plenty of crude oil in the world. But I can't believe that is true. I suspect that the answer to this mystery would basically explain everything that's happening in the current world.
SPR is now BS as the US is a net exporter of oil With shale oil (and gas) output is easy to turn on and off and the US is becoming much more able to control price taking away historic control from opec. The US will soon monetise this control. Oil and gas prices will rise!
Everyone agree that noone wanna keep large amount of cash because we don't wanna hold our assets in something which value is determined by Central banks.
The largest buyer of gold is central banks. I am sure that no one here , even collectively, has been buying more amounts of gold than central banks last couple of years.
Hence, the value of gold is controlled by Central banks? Becuase they can decide if they wanna buy or sell gold and the price will move accordingly? Hence, if they decide to sell large amounts of gold, for instance during a financial crisis, the value of gold will much likely crater?
This seems very reasonable as we saw major corporations willing to crash their businesses over social policy implementation. No matter who or what instigated the requests for those practices, the potential outcome was/is the same: a loss to the bottom line. Again, who would have ever thought a business(s) would chance their bottom lines after turning their backs on their core customer bases? Ideology over practicality.
Question to everyone to consider, what's your take on this:
Everyone is saying "the value of gold is determined by 'supply and demand'
Right now the MAJOR reason gold price is so high (in my opinion) is because central banks are buying large amounts of gold, hence the price soars.
What happens, or rather, what if central banks start to SELL off gold. It will obviously drop big time, am I right?. Because the amount Central banks afford to buy/sell is not even close to what average Joe can save in his mattress.
Anyone who says "oh central banks want to get a hold of gold so we the people can't own it" or "central banks trying to buy gold to prepare for a new gold backed currency or "central banks trying to buy all gold before we manage to ge a hold of it". To that I just say NO, they need to old gold to control us, then they could have bought it all decades ago...
I think gold price will drop one day because THEY ARE JUST TRYING TO SCREW US in every possible way.
All markets are artificial. Gold spot-price (premiums are another story) is so low because derivative market doesn't allow price discovery - scarcity isn't just a ruse when banks have to lease their metals. GM and others see 1:1 DOW:Au - 8,000:$8,000/Oz: - it's a long way to Tipperary pilgrim.
My point is, I think central banks might artificially raise gold prices now so we will get less gold for our money. And artificially make it crash during a financial crash so noone will sell/use their gold since the hold it tight until the price goes up, since no one wanna sell gold and making a loss.
I think, but I am not certain, that central banks artificially spikes gold price to rob those common sense people who wanna invest in gold...
And will make the prices crater after a market crash...
I have bought little amount of gold silver, I think gold will be "on sale" when the financial market crash comes... Then I will buy gold again.
I think you are wrong, I have a lot of PM`S and it will not crash like you think. Gold and silver is our last line of defense against there crypto crap. That is why central banks are buying it. You need to follow this person https://www.youtube.com/@TheLynetteZang
Oil won't be down for long. The US has quietly been sending billions in weapons to Israel. I think we know Iran is next. Once that shit hits the fan oil prices will explode.
In your face Trump! “You touch the stove once, you get burned, you don’t touch that stove again,” Ford said.
https://torontosun.com/news/provincial/ontario-putting-25-per-cent-surcharge-on-u-s-bound-electricity-monday
Doug Ford just told Trump to Fuck Off!
https://www.ctvnews.ca/toronto/video/2025/03/06/ontario-going-ahead-with-25-per-cent-tariff-on-electricity-to-15-million-us-homes/
Btc to the center of the earth
If you think the DeepState / Globalists still have their agenda of subjugating China and Russia by way of destroying Iran first then at the rate of filling the SPR before the West goes to war with the rest of the world is about a 2 year time frame. Also the West is rapidly running out of time to have the military capability. My wish is that humanity (the normal people) can stop our sociopathic narcissistic psychopathic "leaders" from destroying and enslaving humanity. If every human being on earth bought 1oz of physical silver it will collapse the central Banks and we will be free. There is also the cosmic story that humanity needs to solve by working together instead of fucking each over. Look into Randall Carlson' Catastrophism.
SPR Strategic Petroliam Reserve
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
Elohim meaning from the sky.
Not the misinterpretation in the Bible.
And the Elohim worship Cult,
Are the central bankers.
Where is an Andrew Jackson when we need him.
Good post.
Administration is the cause of the price of oil going down, it is part of their multi phase plan. They have engineered down these prices in order to help hide inflation. All markets are engineered in some form of fashion, and the oil markets are no different. What they are risking right now is huge oil price increases in the coming year and beyond. Trump has given the oil producers, a tax break to offset their losses with the lower oil price. The problem is these producers will cut back on their rig counts. This is not something that can be moved up and down very quickly. I can’t suddenly increase the rig count. Keep up with needing more oil production if there is a true deficit in supply. Yes, in time oil prices are going to go much higher, but it could be at least a year or so before that happens. Administration is playing with fire here. Play banana republic games you’re gonna get banana republic prizes.
Another paradox coming zero oil demand but $300 a barrel
Refilling for what's coming on the geopolitical & geophysical fronts
GREG! The LARGEST carbon footprint comes from the military. This is not the complete answer, but it is a piece of the picture.
Biden depleted the SOR.
It would be prudent given the war stance of China to refill it.
The Chinese military is working with the cartels in Mexico and Canada because it is a trillion dollar cash cow for them and an attack on the US. Trumps troop movements could mean a war in Mexico.
Interesting take.
Later Jay
Both true statements. China will never forgive the West for the opium wars.
Trump 1.0 refilled our Strategic Petroleum reserves when oil was cheap. O'Biden sold it or gave most of it away, drawing it down to it's lowest levels ever, in hopes of getting support from the American people by giving us cheaper gas prices. The SPR is supposed to be there for emergencies, not for gaining political capital. Trump is just being prepared, like he was the last time.
Geo-Politics marries the common man with state...You're getting played by the market (currency traders - derivative floaters) whether you have money in the stock market or you're holding worthless paper and paying bills with digits or cash. Managed global wealth transfers for globalist pigdogs with militaries the size of small Western European countries probably should carry reserves, (real 'reserves' though -not brokered by foreign owned ports Clinton sold - used to pay debts to China - as Biden did.) Reserves are for war peddlers - rigged commodity markets don't add gold Fort Knox or make our money sound/stable - worth less everyday. Diesel/petroleum will be replaced by Zero Point Energy - oil an ancient relic... but not before gas is $10/gallon - odd numbered license plates get their rations only Monday and Fridays and the first letter of your last name is in the second-half of the alphabet. Yes they can always make us feel as though they give us things - Presidents too.
"Kings, Queens, Monarchs, Dictators - don't give a shit." [GM]
Mr Youngman,
It's a matter of practicality.
Later Jay
No matter who you vote for government always gets elected.
So, what we do know is Prez Trump recently requested opec to lower oil prices so that interest rates can fall.
That won't happen, Opeq has already supressed rates to compete with Russian NG. Opeq would lose too much money going lower than they already are. Maybe Trump could request the banks to stop printing money instead?
Hi !! Where do I find the stock charts/graphs ? How do I access them ? Thank you so much !!
It seems to me there is a big mystery behind crude oil. It certainly does not seem to be influenced by market dynamics. What does influence it? Why has the concept of "peak oil" disappeared? It was a major concern among the alt media back in the 1990s, attested to by petroleum sages such at Matthew R Simmons and Richard Heinberg. Then, somewhere around 2010 or so, it disappeared as a concept after the world mathematically passed the production peak around 2005. And there seems to be plenty of crude oil in the world. But I can't believe that is true. I suspect that the answer to this mystery would basically explain everything that's happening in the current world.
agreed.
THERE WILL BE BLOOD!
SPR is now BS as the US is a net exporter of oil With shale oil (and gas) output is easy to turn on and off and the US is becoming much more able to control price taking away historic control from opec. The US will soon monetise this control. Oil and gas prices will rise!
Question:
Everyone agree that noone wanna keep large amount of cash because we don't wanna hold our assets in something which value is determined by Central banks.
The largest buyer of gold is central banks. I am sure that no one here , even collectively, has been buying more amounts of gold than central banks last couple of years.
Hence, the value of gold is controlled by Central banks? Becuase they can decide if they wanna buy or sell gold and the price will move accordingly? Hence, if they decide to sell large amounts of gold, for instance during a financial crisis, the value of gold will much likely crater?
Thoughts? I wanna here your opinion!
This seems very reasonable as we saw major corporations willing to crash their businesses over social policy implementation. No matter who or what instigated the requests for those practices, the potential outcome was/is the same: a loss to the bottom line. Again, who would have ever thought a business(s) would chance their bottom lines after turning their backs on their core customer bases? Ideology over practicality.
Later Jay
Reserves are low from Biden
Question to everyone to consider, what's your take on this:
Everyone is saying "the value of gold is determined by 'supply and demand'
Right now the MAJOR reason gold price is so high (in my opinion) is because central banks are buying large amounts of gold, hence the price soars.
What happens, or rather, what if central banks start to SELL off gold. It will obviously drop big time, am I right?. Because the amount Central banks afford to buy/sell is not even close to what average Joe can save in his mattress.
Anyone who says "oh central banks want to get a hold of gold so we the people can't own it" or "central banks trying to buy gold to prepare for a new gold backed currency or "central banks trying to buy all gold before we manage to ge a hold of it". To that I just say NO, they need to old gold to control us, then they could have bought it all decades ago...
I think gold price will drop one day because THEY ARE JUST TRYING TO SCREW US in every possible way.
All markets are artificial. Gold spot-price (premiums are another story) is so low because derivative market doesn't allow price discovery - scarcity isn't just a ruse when banks have to lease their metals. GM and others see 1:1 DOW:Au - 8,000:$8,000/Oz: - it's a long way to Tipperary pilgrim.
sorry you are wrong,its Gods money and has lasted for thousands of years. everything else is trash and man made.
In terms of Gold price compared to the US dollar.
I understand gold is not manmade and hence has a different value, but I was talking about the value in terms of comparison to currencies
I understand what you mean,
But is it God or Central Banks that determine the price/value of it.
ok,but nothing will take the place of gold..all currencies will go to Zero at some point.
My point is, I think central banks might artificially raise gold prices now so we will get less gold for our money. And artificially make it crash during a financial crash so noone will sell/use their gold since the hold it tight until the price goes up, since no one wanna sell gold and making a loss.
I think, but I am not certain, that central banks artificially spikes gold price to rob those common sense people who wanna invest in gold...
And will make the prices crater after a market crash...
I have bought little amount of gold silver, I think gold will be "on sale" when the financial market crash comes... Then I will buy gold again.
I think you are wrong, I have a lot of PM`S and it will not crash like you think. Gold and silver is our last line of defense against there crypto crap. That is why central banks are buying it. You need to follow this person https://www.youtube.com/@TheLynetteZang