They aren't actually bankrupt, if they were the producers wouldn't continue producing at a loss.
If you look carefully at the balance sheets you'll notice that certain assets have not been marked to market in terms of value. Importantly, this includes gold, and this is how they can claim they are not and have never been bankrupt/insolvent.
That said, the gold once it has been marked to market, is getting close to the insolvency point, given debt-service increases from running a deficit budget for decades; which the government must pay.
The moment they exceed that and default, savvy businesses will move operations or shutdown operations for more stable waters. The only stable store being currency backed by gold/silver/commodities.
From that point forward, its a steady spiral of shortages and business concentration increases until none are left and they get nationalized which is about where we are at with the primary banks in the banking sector today, Then usually its often a combination of deflation or hyperinflation taking hold and no way to react quick enough for policy to do any good as a result of hysteresis.
This is why rational economists back in the 30s-50s were so against inflationary policies, but they were drowned out with promises of benefits over the years such as social security, pensions, and universal healthcare; all at the expense of future people who had no say or representation (because they were not born yet). Regardless of their individual opinions, not forcing repeals and accepting benefits of this kind make every person doing so complicit in breaking the fundamental social contract.
These cycles may take a lot of time to build up before failure, but eventually the bill comes due, and the further along it gets the more it snowballs until you can no longer change the direction.
This is where the latter part of the silent generation, along with the boomer generations seriously erred. All it takes is one irrational generation filled with hubris, to take freedom away from future generations.
Why is market liquidity so important? Price volatility effects has serious consequences for the entire economy. If the market faces a calamitous shock, treasury sellers would seek to cash out and unavailable to find any buyers the market could grind to a halt and would freeze all other markets. This would cause the Fed to intervene. Treasuries with shorter maturities tend to carry less risk and can partially avoid market turbulence. It’s the longer duration treasuries that would be within full scale turbulence because with the volatility how would these bonds be priced?
Liquidity will also be affected by large banks and investment firms that no longer have room on their balance sheets to purchase more treasuries.
Stay short. Go 30 days and keep rolling the interest forward taking advantage of compounding.
Goldman Sachs sees energy netting returns of 31% over the next 12 months. Less hawkish monetary policy, rising spot prices, and easing recession fears could increase returns on commodities. Goldman recommends “going long commodities” next year.
They been bankrupt and defaulted since the year 2012 they just been stealing Percy Moorman notes from 2012 to present day, they dont want the public to know this snd youtube wont let me post any comments anyone unless am on my phone, go figure: https://twitter.com/AndSaponi/status/1719704849343029353
Oil Markets Wrongfooted By Change In Speculative Buying
By Alex Kimani - Nov 13, 2023, 7:00 PM CST
The volume of long positions in crude oil has decreased due to macroeconomic fears.
Although China imported 13.5% more crude in October than a year ago, the growth figure was exaggerated by coronavirus restrictions in place last year.
Overall, the current fall in oil prices could signify growing concerns about the state of the global economy as well as a market being driven by fear rather than fundamentals.
Ten Year Yield Sentiment is similar to the beginning of 2018
Let's meet in the middle
One thing is 100% certain, halfway through 2018, the stock market rallied on the hope that the FED would cut rates...until they didn't. When the time was up, the market dropped further than it's previous low.
I can tell you right now, the market is feeling the same thing. But, right now the FED won't raise rates or cut rates either. They are going to keep pausing for the forseable future, and this is going to add upward pressure to bond yields.
Another thing that is 100% fact is that halfway through 2018, bond yields did rise past their previous high. The market didn't care then, because it wasn't paying attention. But now that the Ten Year Yield is at its 16 year high, the market will react more volatile when it crosses back above 5%.
There is much more downside that the market is ignoring, because risk is rising
They aren't actually bankrupt, if they were the producers wouldn't continue producing at a loss.
If you look carefully at the balance sheets you'll notice that certain assets have not been marked to market in terms of value. Importantly, this includes gold, and this is how they can claim they are not and have never been bankrupt/insolvent.
That said, the gold once it has been marked to market, is getting close to the insolvency point, given debt-service increases from running a deficit budget for decades; which the government must pay.
The moment they exceed that and default, savvy businesses will move operations or shutdown operations for more stable waters. The only stable store being currency backed by gold/silver/commodities.
From that point forward, its a steady spiral of shortages and business concentration increases until none are left and they get nationalized which is about where we are at with the primary banks in the banking sector today, Then usually its often a combination of deflation or hyperinflation taking hold and no way to react quick enough for policy to do any good as a result of hysteresis.
This is why rational economists back in the 30s-50s were so against inflationary policies, but they were drowned out with promises of benefits over the years such as social security, pensions, and universal healthcare; all at the expense of future people who had no say or representation (because they were not born yet). Regardless of their individual opinions, not forcing repeals and accepting benefits of this kind make every person doing so complicit in breaking the fundamental social contract.
These cycles may take a lot of time to build up before failure, but eventually the bill comes due, and the further along it gets the more it snowballs until you can no longer change the direction.
This is where the latter part of the silent generation, along with the boomer generations seriously erred. All it takes is one irrational generation filled with hubris, to take freedom away from future generations.
Why is market liquidity so important? Price volatility effects has serious consequences for the entire economy. If the market faces a calamitous shock, treasury sellers would seek to cash out and unavailable to find any buyers the market could grind to a halt and would freeze all other markets. This would cause the Fed to intervene. Treasuries with shorter maturities tend to carry less risk and can partially avoid market turbulence. It’s the longer duration treasuries that would be within full scale turbulence because with the volatility how would these bonds be priced?
Liquidity will also be affected by large banks and investment firms that no longer have room on their balance sheets to purchase more treasuries.
Stay short. Go 30 days and keep rolling the interest forward taking advantage of compounding.
Goldman Sachs sees energy netting returns of 31% over the next 12 months. Less hawkish monetary policy, rising spot prices, and easing recession fears could increase returns on commodities. Goldman recommends “going long commodities” next year.
Yes, indeed. The whole USA is one big Ponzi scheme.
They been bankrupt and defaulted since the year 2012 they just been stealing Percy Moorman notes from 2012 to present day, they dont want the public to know this snd youtube wont let me post any comments anyone unless am on my phone, go figure: https://twitter.com/AndSaponi/status/1719704849343029353
Yep they will do the same thing over and over!
WTI
Me expect (hope for) one more downmove (below 75 USD) than I want to re-buy WTI_1 & WTI_2 /// and than price up to > 100 usd.
...
Would fit with the seasonality: https://seasonalcharts.de/img/ENERGY-FUT/CRUDEOIL.GIF
...
Oil Markets Wrongfooted By Change In Speculative Buying
By Alex Kimani - Nov 13, 2023, 7:00 PM CST
The volume of long positions in crude oil has decreased due to macroeconomic fears.
Although China imported 13.5% more crude in October than a year ago, the growth figure was exaggerated by coronavirus restrictions in place last year.
Overall, the current fall in oil prices could signify growing concerns about the state of the global economy as well as a market being driven by fear rather than fundamentals.
WTI
TAKE PROFIT ::: WTI 1_long
TAKE PROFIT ::: WTI 2_long
>>> will change the derivatives.
WTI Trades History (2023)
……..
March 15 th, 2023
BUY WTI_1
Mai 2nd, 2023
TAKE PROFIT WTI_1
+ 13.5 %
……..
Mai 3rd, 2023
BUY WTI_1
…….
June 6th, 2023
BUY WTI 2
September 14th
TAKE PROFIT WTI_2
+ 126.8 %
…
October 4th, 2023
BUY WTI_2
…
November 14th, 2023
TAKE PROFIT WTI_1 & WTI_2
+ 37.3 % (1 & 2 in sum)
plus Oil Stock (BUY January 17th, 2023)
still running, actually @ + 14.5 %
plus quarterly dividend
Market sentiment is similar to the end of 2018
Ten Year Yield Sentiment is similar to the beginning of 2018
Let's meet in the middle
One thing is 100% certain, halfway through 2018, the stock market rallied on the hope that the FED would cut rates...until they didn't. When the time was up, the market dropped further than it's previous low.
I can tell you right now, the market is feeling the same thing. But, right now the FED won't raise rates or cut rates either. They are going to keep pausing for the forseable future, and this is going to add upward pressure to bond yields.
Another thing that is 100% fact is that halfway through 2018, bond yields did rise past their previous high. The market didn't care then, because it wasn't paying attention. But now that the Ten Year Yield is at its 16 year high, the market will react more volatile when it crosses back above 5%.
There is much more downside that the market is ignoring, because risk is rising
I'm not I'm debt free the Fed can't say that. Following you and my common sense I'm good let it cave .
You must be absolutely exhausted thinking about this stuff you can do nothing about.
The U.S.A. INC… has been broke for a long time. It doesn’t continue to exist!