Yep... people are waking up. Also looks like the Saudis and Russians are boosting oil production while Chinese demand has sharply dropped. The world is about to see a glut of cheap oil on the market. Globalism and interconnectivity are about to screw us over, bigly.DJIA down 2000 points today. Big yikes!
And after John checks that his opinion has been published he proudly glances over at his 20 multipacks of Quilton’s toilet paper.Too good to pass up. In our national daily today (p.12) that old phoney John Pilger claims the carona virus is being used as an excuse to start a war with China.![]()
Too good to pass up. In our national daily today (p.12) that old phoney John Pilger claims the carona virus is being used as an excuse to start a war with China.![]()
Yep... people are waking up. Also looks like the Saudis and Russians are boosting oil production while Chinese demand has sharply dropped. The world is about to see a glut of cheap oil on the market. Globalism and interconnectivity are about to screw us over, bigly.
On the bright side, conservative nationalism is gonna be huuuge. Especially, when people find out how China screwed the world via virus and how the Rus & Sauds just screwed the petro markets.
Sure am glad my positions are overwhelmingly on the short side... 46% gain today overall it's more than 300% since last week.
Via options or legit shorts?
Too true, I went to his latest offering some time ago on the PRC, with a Q&A...it was terrible. Just Yank bashing for 50 odd minutes & then 20 on China. Pathetic, considering it was meant to be an in-depth look at China in the South Pacific & environs.Bit of a fuckwit that one.
Too true, I went to his latest offering some time ago on the PRC, with a Q&A...it was terrible. Just Yank bashing for 50 odd minutes & then 20 on China. Pathetic, considering it was meant to be an in-depth look at China in the South Pacific & environs.
Yep... people are waking up. Also looks like the Saudis and Russians are boosting oil production while Chinese demand has sharply dropped. The world is about to see a glut of cheap oil on the market. Globalism and interconnectivity are about to screw us over, bigly.
On the bright side, conservative nationalism is gonna be huuuge. Especially, when people find out how China screwed the world via virus and how the Rus & Sauds just screwed the petro markets.
Noice!!!Sure am glad my positions are overwhelmingly on the short side... 46% gain today overall it's more than 300% since last week.
Well yeah... we might be at capacity, but that don't mean our 'friends' and 'allies' aren't going to take advantage of super cheap oil. (There go our exports.) Aww, heck. If there is enough spill over, we may see foreign oil drive fuel costs down at home as well. Woohoo! Cheap gas! Sigh... but nowhere to drive.Glut...dude, we've been at capacity for oil storage for sometime. That's why prices haven't really budged in three years.
What will I tell my children about the great Costco Toilet Paper heist?
Well yeah... we might be at capacity, but that don't mean our 'friends' and 'allies' aren't going to take advantage of super cheap oil. (There go our exports.) Aww, heck. If there is enough spill over, we may see foreign oil drive fuel costs down at home as well. Woohoo! Cheap gas! Sigh... but nowhere to drive.
With the Russians and Saudis opening up the taps, I'm guessing the Canadian and American energy sectors are looking at hard times.
As for the great TP shortage... I wouldn't sweat it. Our national timber and paper producing industry is legit, they were probably caught flatfooted with people stocking up. Heck, alot of industries have been caught flatfooted by the Chinese unleashing a pandemic.
What would worry me are the industries that are completely reliant on Chinese resources or goods. Medical goods and medicines... yikes! Toilet paper and Doritos... we're okay!
What worries me is the panic that's going to hit when the rest of the population wises up. People are about to get a rude awakening, especially the SJW brainwashed social classes.Thankfully I'm deployed so I don't have to deal with any of real life's bullshit. This whole TP shortage thing is hilarious. Everyone talking about panic buying, I call it a regular day at Costco.