21 Comments
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tertu's avatar

Gooday Greg. thank you.

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Brook’s Golden State Of Mind's avatar

Grateful for you Greg!!! You are the # one guy to listen to !!! Period the end!!!

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Gregory Mannarino's avatar

YES!

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President-Elect Zio's avatar

Hahaha, great answer.

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Stephen Martin's avatar

Do you expect a larger drop before going higher in Crude, or is this the dip now? Thanks GM!

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Gregory Mannarino's avatar

Looking for a bigger drop.

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Steven Jarnell's avatar

I'm not going to hold you to this but do you have a range in mind - eg mid 80s?

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President-Elect Zio's avatar

Have about 65 USD in my mind. Before > 100, maybe about 102, 108 or even 120 USD.

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Steven Jarnell's avatar

Thanks, how did you arrive at 65

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President-Elect Zio's avatar

For me - from various angles - Chart so looks like. Back to the the lows of August 2021. That would be a markable correction. That's why I am expecting an external event this year. Otherwise there is no reason for a correction like this. Stocks also would fall if WTI would go down. All market newbies would be wiped out. Never forget: And most of them wouldn't come back. Market is a bitch. This would be a sensational buying opportunity for us.

Not to forget: Check the news when Oil is near 100 USD, hits 100 or is above. You will see headlines like "energy inflation unstoppable" "Will we see 200 USD?" and so on. Than it is time to keep the Helmet on.

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W8878788766565's avatar

They will blame price gouging for inflation because oil prices are coming down first. For now it's price gouging

https://finance.yahoo.com/news/democrats-try-to-blame-inflation-on-widespread-price-gouging-141444345.html

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Sylvain Saurel's avatar

Everything is set up to justify that central banks will continue to print more and more money out of thin air. No surprise here for those who see through the flaws of this debt based system.

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Tommy Two Gloves's avatar

Hi Greg. The last statesmen I remember (from my history books), to scapegoat the Central Bankers was Andrew “Old Hickory” Jackson. He said: “I will root you vipers out!”

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Trenny's avatar

Only lie left for the banks, they are all bankrupt, next one will be taking peoples properties. Back to the protests to give these evil pollies a headache.

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Ant Justice's avatar

Greg, you keep mentioning about crude ETF’s and you say we’ll talk more about that later. How much longer do us lions have to wait?

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Elizabeth's avatar

Absolutely! My friend & I were just talking about it yesterday am. SHE SAID SHE LOVES YOU TOO, not N the market, but one I share your videos with.

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BCM2546's avatar

Russia Mocks US, Requests 'Full List Of Ukraine Invasion Dates' For Year Ahead

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Chris-F's avatar

Didn't get the mail signalling your video this time

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Steven Jarnell's avatar

Very good as always, I closed a 50% gas trade last week and didn't buy crude due to your input. Holding these profits for the crude dip.

I get why you are saying about buying banks but surely it's better to use your capital to trade energy and QQQ for immediate higher returns?

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