Oil Buoyed for a Third Week on Optimism Over Chinese Demand: http://bit.ly/3WXkeuZ
Nikhil Bhandari, co-head of APAC natural resources and clean energy research at Goldman Sachs, discusses where he sees oil prices heading, China’s reopening and his outlook for Russian oil. He speaks on Bloomberg Television.
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21 Comments
DO THE MATH WHY GOLD PRICE IS GOING UP AND UP NOW THAT IT WILL VERY SOON BE BACK TO THE RANGE OF 2K$ AND ULTIMATELY IT WILL BE IN THE RANGE OF 10K$ – 15K$ IN COMING YEARS BECAUSE AGAIN AND AGIAN US CHINA EU CANNOT STOP MORE AND MORE FURTHER AND FURTHER THEIR THE MMT(S)!!!!!!!!!!!!!!!!!!!!!!!:)
SEE? EXACTLY IT HAS A DEFINITION OF CORRELATION BETWEEN FOR EXAMPLE) S&P500, WAS HOVERING AROUND 3700 – 3800 RANGE IN THE 1ST WEEK OF NOV BUT NOW IT IS IN 4,4060 THAT ——- > DO THE MATH IN 1ST WEEK OF NOV US 10YR YIELD WAS AROUND +4.2 – +4.3% BUT NOW +3.5% AROUND AGAINST US FED FUNDS RATE AT +4.5%!!!!!!!!!!!!:) < ——– SO NOW YOU UNDERSTAND THE CORRELATION BETWEEN THOSE THINGS MEANS ——- > ONLY EXPLANATION IS BASED ON 'STOPPED THE QT' SINCE NOV OF 2022 TILL NOW AGAINST US CORPORATE EARNING REPORTS THAT HAVE BEEN WEAKER AND WEAKER NOW AND THOSE EARNING REPORTS WILL BE GOING FURTHER AND FURTHER WEAKER INTO THE END OF 2023YR'!!!!!!!!!!!!!!!!!!!:)
P.S WHAT IS GOING ON AND ON IN H.K IS A TYPICAL DEFINITION OF ' APOCALYPTIC PHENOMENA!!!!!!!!!!!!!!:) THAT VERY SOON OR LATER THE CITY HUGELY COLLAPSE BECAUSE IT HAS NO OTHER OPTIONS UNDER CURRENT SOCIAL + FIANANCIAL + POLITICAL ENGINEERING PROBLEMS!!!!!!!!!!!!!:)
P.S CHINA GDP GROWTH FOR 2023YR WILL BE AGAIN +3.0% +/- 0.5% THAT AGAIN CHINA ECONOMY HAS NO MORE REBOUNDING MOMENTUM THAT AGAIN CHINA ECONOMY'S DEFLATIONARY PROBLEMS ARE GOING ON AND ON FOR MANY YEARS TO COME!!!!!!!!!!:)
P.S MORE AND MORE EU PENSION FUNDS ARE GOING TO INSOLVENCY THIS YEAR THAT AGAIN EU + UK DEBT ARE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO EXPENSIVE TO BUY AND THERE IS NO WAY TO GET BACK TO NORMAL TRACK THAT MEANS ——- > FINANCIALLY EU (+UK) ALREADY HAVE BEEN BROKEN NOW!!!!!!!!!!!!!!!!:)
SO THE BIG QUESTION IS THAT HOW LONG DO US FED AND ITS GOVERNMENT MAINTAIN 'THE STOPPED QT' THROUGH THE SPREAD BETWEEN FED FUNDS RATE VS US 10YR YIELD?!!!!!!!!!!!:) ——- > IT COULD BE UNTIL ANY CHANGE OF BOJ?!!!!!!!!!!!!! OR? —— > THE BOTTOM LINE IS THAT 1ST Q STOCK INDEX WILL BE THE HIGHEST THROUGH THIS YEAR THAT AGAIN ——- > DEBT CANNOT SAVE DEBT ITSELF THAT US CHINA EU HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FROM HERE!!!!!!!!!!!!!:)
AGIAN NOW US FED'S REPO FACILITY HAS + MORE THAN 3T$ THAT ——- > AGAIN WHO CAN BUY US FED'S 9T$ DEBT?!!!!!!!!!!!:) < ——- NOBODY!!!!!!!!!!!!!!!!!!!!!:) + BOJ HAS NO OTHER OPTIONS BUT CHANGING ITS FINANCIAL ENGINEERING BASED ON MORE AND MORE ITS INFLATION PROBLEM THAT AGAIN JAN ITS CPI HIT ANOTHER RECORD HIGH AT +4.4% VS ITS CORE CPI EXCLUDING FRESH FOOD AT +4.3% MEANS ——- > WHT ABOUT FEB? UNLESS YEN GOES TO APPRECIATE TO THE RANGE OF 123YEN – 125YEN OR WITHOUT HIKING ITS 10YR YIELD FROM +0.5% TO +0.75% – 1.0% ——- > THERE WILL BE MORE AND MORE + 3.8% – +4.5% HIGH INFLATION GOING ON AND ON IN THE 1ST HALF OF 2023!!!!!!!!!!!:)
100% CLEAR FACT IS THAT THE STOPPED QT IS ONLY CAUSING MORE AND MORE DEBT PROBLEMS NOTHING ELSE THAT DO WE HAVE ANY OTHER CHOICES BUT TO HAVE HIGH INFLATION AGAIN LATER THIS YEAR AROUND IN THE 2ND Q OF 2023?!!!!!!!!!!!!!!!!!!!!!!!!:)
OIL PRICE IS GETTING BACK TO ITS 130$ BB/LS – 140$ BB/LS THIS YEAR BECAUSE AGAIN US CHINA EU HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT AND EVEN STILL WITH THE STOPPED QT DEBT PROBLEMS ARE GROWING FASTER AND FASTER AND FASTER THAN EVER BEFORE!!!!!!!!!!!!!!!!!!:) AGAIN US CHINA EU CANNOT STOP MORE AND MORE MONEY PRINTINGS = DEBT + DEBT + DEBT!!!!!!!!!!!!!!:)
AGAIN NOW THE BIGGEST EVER PROBLEM OF THE ECONOMY ESP FROM US CHINA EU IS 'DEBT' NOT INFLATION ANYMORE!!!!!!!!!!!!!!!:)
P.S IN ECONOMY THE TERM 'SOFT LANDING' MEANS KEEP STOPPING QT IN OTHER WORDS KEEP BUBBLING MORE AND MORE DEBT!!!!!!!!!!! THAT'S IT!!!!!!!!!!!!!!!!:)
AGAIN AS I'VE SAID MANY TIMES SINCE THE END OF THE 4TH Q 2022 THAT ——- > THE SPREAD BETWEEN US 10YR YIELD VS US FED FUNDS RATE IS GOING WIDER AND WIDER FROM CURRENT (-)100BP TO THE RANGE OF (-)150BP TO (-)200BP BEFORE END OF THE 1ST Q 2023 THAT ——- > MEANS US FED CANNOT HIKE ITS FUNDS RATE ON FEB 1ST + MARCH 22ND = MORE THAN +25BP + 25BP = +50BP INTO +4.75% – 5.0% BECAUSE OF ITS HUGE INTEREST PAYMENT FOR ITS REPO FACILITY, HAS + 3T$ NOW!!!!!!!!!:)
THIS MEANS GOLD PRICE IS GOING TO BE IN THE RANGE OF 2200$ – 2300$ BEFORE END OF 1ST Q!!!!!!!!!!!:) ——– >. AGAIN AS I'VE SAID MANY TIMES SINCE THE END OF THE 4TH Q 2022 THAT ——- > THE SPREAD BETWEEN US 10YR YIELD VS US FED FUNDS RATE IS GOING WIDER AND WIDER FROM CURRENT (-)100BP TO THE RANGE OF (-)150BP TO (-)200BP BEFORE END OF THE 1ST Q 2023 THAT ——- > MEANS US FED CANNOT HIKE ITS FUNDS RATE ON FEB 1ST + MARCH 22ND = MORE THAN +25BP + 25BP = +50BP INTO +4.75% – 5.0% BECAUSE OF ITS HUGE INTEREST PAYMENT FOR ITS REPO FACILITY, HAS + 3T$ NOW!!!!!!!!!:)
INDEED US FED'S PIVOT HAS NO MORE MEANING BUT 'NOMINAL DEFINITION' AS LONG AS THE REAL INTEREST RATE BY US 10YR MOVING LOWER AND REMAIN LOWER THAN FED'S FUNDS RATE!!!!!!!!!!:) MEANS ——— > THERE IS NO ACTUAL QUANTATIVE TIGHTENING GOING ON AND ON IN THE ECONOMY ESP USA CHINA EU!!!!!!!!!!!!:) ——- > MEANS MORE AND MORE BUBBLES OF TREMENDOUS DEBT —— > MZ GENERATION WILL NEVER BE RICH DUE TO TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT!!!!!!!!!!!!!!!!!:)
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Ergo Goldman Sachs is heavily invested in oil and they are hoping for $100 oil.
🙏 Absolutely nice update… Its right to say last year turns out to be less productive in all aspects of the financial market….. All hope was not lost, as a trader most of us was able to be on track mostly when it comes to BITCOIN DAY TRADING by actively earning daily because of the accurate signals and guidance provided by John Robinson..💰💰💰💰.. Within duration of 6 weeks i was able to accumulate a total of 7.6btc having traded with my initial 0.8btc…
Man, I love oil.
Get higher then people think because of Biden and his green lunacy con job!
Another greedy heartless speculator