I thought the reason that Oil spiked was supply and demand. That hasn't changed that I know of, so how it is crashing now? Also, if the USD is selling off shouldn't Gold and Silver be going higher? I'm confused. Strange market to go along with strange times.
Nothing is real. That's why Greg's logical assumptions on where things will go failed this time. I wonder if there are any major players out there aside from the controlling entities. What if we are alone out there?
Definitely nothing is real. I've been watching the 10yr yield since coming to this site. I have witnessed a few points move up or down max. The last 3 days I've seen the 10yr go from 0 to negative 10 points down. Up 20 basis points to +10, then back down to the 0 level. That's 40 total basis points move up and down all day long. That ain't normal. SOMETHING is about to POP! 🧷🎈💢
Agreed. Similar story with the markets today, up down sideways rinse and repeat. They seem to be juggling every aspect of the market and they wouldn't be doing that for no reason. Big question is, how long can they keep it up and will they try to do something on this long weekend.
Thank you to of you who liked my post (evidence) here yesterday on the French and German 10yr yield bond manipulation by the ECB. I'm very grateful ! Today I'd like to bring your attention to the HUGE 10yr japenese bond yield manipulation taking place - negative 22 basis points. Indicative of a huge intervention by the Japanese Central Bank to prevent a debt market implosion.
Highly inflationary! CBs buying bonds digitally to increase the money supply debases the currency and increases inflation.
The spread ( difference) between interest rates and inflation is going to increase causing the debt markets to sell off (fragment) further
Not long now until this completely implodes. Hope this helps.
My guess is Fed swooped into the credit markets to drive down the 10Y yield before a long weekend as markets are closed Monday. Calm the chimps down a bit.
Keep grinding out your fake trades and posting ridiculous comments. To all the people who read this post, this guy has been proven to be a fraud. He doesn't trade a single penny of his money. I have proven (based on his comments), that every one of his trades did not occur.
Time and sales can be researched in regard to trades. I will continuously prove (if you dare... post your trades), you're a complete fraud. Do not post trades days after it happens, but in real time.
Perhaps you need to think about the difference between investing, trading and speculating. The latter two are def not for n00bz... Investing requires diligence, macro perspective and confidence. Sounds like you don't have much of any of that, so I would *invest* in food & ammo if I were you.
6 months of gains in energy sector wiped out. Does anyone expect a bounce betw now and next rate hike in july ? Sure doesnt look good for oil and gas. Hoping GM can give some guidance in fri wrap up. So hard for buy and hold investors to watch it all go poof. Guess it comes down to risk tolerance...need advice for someone 5 years from retirement but dont expect to draw on 401 for at least 10 years. Concern is if lose 50 % it takes a 100% gain just to get back where you started.
Maybe convert your 401K to a Gold backed IRA? Beats me! Everything is squirrelly my friend. If you retire before 2030 then you will own something and Klaus the Slob won’t be happy. Tyrannical puppets seldom are!
Nothing has changed in the energy sector. We are in conflict with russia and there are at least two other conflicts about to take off. Iran v israel and china vs taiwan.
<<<How kind can we be to each other during the WORST TIMES.>>>
You're going to find out the answer to that question when the food gets short and Billy-Bob has no money to buy food for his kids, but plenty of ammo laying around and he knows YOU'VE been prepping. 😆
Those were Hebrews who converted to Christianity. Jews came much later 77 ad. Jews follow the Talmud. The Talmud blasphemes Jesus and His Mother Mary. Do you like those Jews?
Brother Nathaniel Kapner, Mr Benjamine Freeman and Dr. Bernard Nathanson (former abortionist) Are all examples of very strong men who left Judaism for Traditional Christianity. They have my love and respect. Many Jews are secular and don’t follow the script. They’re in the shit like the rest of us. It’s the banking, political and propagandists that I have issues with. I’ll just leave it at that.
The charts were showing a bearish divergence in crude through companies like Chevron. In this environment a pull back in oil is very bullish for stocks. We are probably going to get the mother of all short squeezes to new highs in stocks.!!!!
finally someone who understands markets. Grossly overbought oil stocks. oversubscribed accident waiting to happen despite bullish fundamentals. There is no credit implosiion yet. HYG to LQD ratio has not even broken down like it usually does during sell offs.
Wow. Pump prices continue upward. This disassociation occurred in the mid 1970s. OPEC, Gas lines. Odd and even days to get fuel. Anyone remember that free-for- all? Nixon resigned; enter Gerald Ford our unelected president! History rhymes!
Did we all of a sudden not need oil? Oil is on sale. USD is selling off. Watch buyers stream into the close.
And at 14:00 Eastern, the buyers came in. Remember, no trading on this Monday.
why no trading, did I miss a holiday?
Juneteenth Closed (June 20) I kid you not.
🙈 . Thanks, that would make it a great weekend to shutdown the system..I so hope this won't happen this weekend!
I’m sure the missiles are already on their way to some Mid East oil refinery
I thought the reason that Oil spiked was supply and demand. That hasn't changed that I know of, so how it is crashing now? Also, if the USD is selling off shouldn't Gold and Silver be going higher? I'm confused. Strange market to go along with strange times.
Nothing is real. That's why Greg's logical assumptions on where things will go failed this time. I wonder if there are any major players out there aside from the controlling entities. What if we are alone out there?
Definitely nothing is real. I've been watching the 10yr yield since coming to this site. I have witnessed a few points move up or down max. The last 3 days I've seen the 10yr go from 0 to negative 10 points down. Up 20 basis points to +10, then back down to the 0 level. That's 40 total basis points move up and down all day long. That ain't normal. SOMETHING is about to POP! 🧷🎈💢
Agreed. Similar story with the markets today, up down sideways rinse and repeat. They seem to be juggling every aspect of the market and they wouldn't be doing that for no reason. Big question is, how long can they keep it up and will they try to do something on this long weekend.
All is an Allusion and a Lie.....!!!..
It’s because fears of recession. If we go into a deep recession the need for oil goes down.
You're a major oil buyer? There are ways to sent fake news into the market to temporarily drive the price down.
Thank you to of you who liked my post (evidence) here yesterday on the French and German 10yr yield bond manipulation by the ECB. I'm very grateful ! Today I'd like to bring your attention to the HUGE 10yr japenese bond yield manipulation taking place - negative 22 basis points. Indicative of a huge intervention by the Japanese Central Bank to prevent a debt market implosion.
Highly inflationary! CBs buying bonds digitally to increase the money supply debases the currency and increases inflation.
The spread ( difference) between interest rates and inflation is going to increase causing the debt markets to sell off (fragment) further
Not long now until this completely implodes. Hope this helps.
My guess is Fed swooped into the credit markets to drive down the 10Y yield before a long weekend as markets are closed Monday. Calm the chimps down a bit.
The chimps all have money pox! Opps I meant monkey pox! LOL
🐵🙊🙈🙉
Keep grinding out your fake trades and posting ridiculous comments. To all the people who read this post, this guy has been proven to be a fraud. He doesn't trade a single penny of his money. I have proven (based on his comments), that every one of his trades did not occur.
Time and sales can be researched in regard to trades. I will continuously prove (if you dare... post your trades), you're a complete fraud. Do not post trades days after it happens, but in real time.
BTW, I want to say thank you for being you.
The chimps. 😆 No Chimp-outs?
They are going to have to show that on the books though ?
I’m sure they can figure it out with their 800 PhD economists.
Astronaut economic doctors.
That was good haha!
Are there rings around Uranus? LOL…that one never gets old.
Ha ha ha!
Not a Mongol. Well maybe. Old Ghengis got around back in his day, so maybe!
The Golden Horde lives on. For realz.
I'm out, getting slammed. Too stressful, Started investing six months ago.
Perhaps you need to think about the difference between investing, trading and speculating. The latter two are def not for n00bz... Investing requires diligence, macro perspective and confidence. Sounds like you don't have much of any of that, so I would *invest* in food & ammo if I were you.
Yeah, I agree. I'm new, so learning as I go. Thanks for the advice. Cant buy guns in the UK.
Find a Ukranian "refugee" and buy some of ours off him!
Catch a breather!
You are perfectly normal
Buy silver and chill 🌟
6 months of gains in energy sector wiped out. Does anyone expect a bounce betw now and next rate hike in july ? Sure doesnt look good for oil and gas. Hoping GM can give some guidance in fri wrap up. So hard for buy and hold investors to watch it all go poof. Guess it comes down to risk tolerance...need advice for someone 5 years from retirement but dont expect to draw on 401 for at least 10 years. Concern is if lose 50 % it takes a 100% gain just to get back where you started.
Maybe convert your 401K to a Gold backed IRA? Beats me! Everything is squirrelly my friend. If you retire before 2030 then you will own something and Klaus the Slob won’t be happy. Tyrannical puppets seldom are!
Nothing has changed in the energy sector. We are in conflict with russia and there are at least two other conflicts about to take off. Iran v israel and china vs taiwan.
The military machine must be oiled with more debt. The banksters grow fat and happy. It’s a perpetual shakedown.
You are 💯% CORRECT! YES! GET THIS PARTY STARTED! 🥳🥳🤩🎉🎊
Get professional advice. Not from any of these people here please
Nobody is offering professional advise. Just pithy comments and personal thoughts. Not even Greg does that.
Talk to Dangerous Donna. She can give you some wisdom on what to do when your positions are tanking.
It is a reversion to the mean. overextended. longterm will make a higher high but needs to correct for at lleast 6-8 weeks.
<<<How kind can we be to each other during the WORST TIMES.>>>
You're going to find out the answer to that question when the food gets short and Billy-Bob has no money to buy food for his kids, but plenty of ammo laying around and he knows YOU'VE been prepping. 😆
“Charity covers many sins.”-St.Paul
Those were Hebrews who converted to Christianity. Jews came much later 77 ad. Jews follow the Talmud. The Talmud blasphemes Jesus and His Mother Mary. Do you like those Jews?
Brother Nathaniel Kapner, Mr Benjamine Freeman and Dr. Bernard Nathanson (former abortionist) Are all examples of very strong men who left Judaism for Traditional Christianity. They have my love and respect. Many Jews are secular and don’t follow the script. They’re in the shit like the rest of us. It’s the banking, political and propagandists that I have issues with. I’ll just leave it at that.
The charts were showing a bearish divergence in crude through companies like Chevron. In this environment a pull back in oil is very bullish for stocks. We are probably going to get the mother of all short squeezes to new highs in stocks.!!!!
finally someone who understands markets. Grossly overbought oil stocks. oversubscribed accident waiting to happen despite bullish fundamentals. There is no credit implosiion yet. HYG to LQD ratio has not even broken down like it usually does during sell offs.
some people are buying BTC at these levels. Very interesting
I'm still waiting for BTC 14k... and maybe even 4k.
That far down? I'm out of dry powder though. Waaaa! 😭
Hahahahahahahahahahahaaa 😃
Next time I'll scale in a drop at larger gaps in price.
I'm getting better over time. 😁
Always good to have some very low level fishing limit orders in... Berwick got Luna @ 0.0000001 or whatever and made some millies...
Unrelated: Check the comment I'm about to post on "The Coming Recession" post.
of course they are, the wealth is made in times like these through patience, good luck to you
Hard to fight against fed and this frankenstein administration that is determined to destroy oil and gas and all safe haven assets for that matter.
Will it come back or should we get out ?
Like the Alaskan tides.,
Remember, options expiration today
True! that should increase volatility
IDK…THIS REEKS OF SOME GOVE BS.
Wow. Pump prices continue upward. This disassociation occurred in the mid 1970s. OPEC, Gas lines. Odd and even days to get fuel. Anyone remember that free-for- all? Nixon resigned; enter Gerald Ford our unelected president! History rhymes!
As Yogi Berra would say, " It's deja vu all over again".
Yogi! “That joint is so busy nobody goes there anymore!” Love Yogi. He had hundreds of them. His mind was amazing!
My favorite Yogi....Even if you're on the right track, you'll still get run over if you just stand there. Things are Always changing.
A national treasure Yogi was!
Greg this is a stupid question but is there a way we can get in on credit default swaps?
👍👍👍