Oil held near its lowest level in almost three months on persistent concerns over the demand outlook in China and the US. Stephen Stapczynski reports on Bloomberg Television.
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Oil, gas and mining
23 Comments
Who is Goldman ? Goldman Sachs ? So many people carry that surname …..
the "professionals" who went on national television and said $200 would be the new norm should be fired and blacklisted from the industry LMAO
AGAIN ———- > NOW I AM AFRAID THAT THE WORLD ECONOMY ESP LED BY CENTRAL BANKS ESP FED BOJ ECB + PBOC + ALMOST ALL OF EMS ——- > BECOMING A LATIN AMERICAN TYPE ECONOMY THAT HIGH INFLATION + HIGH INTEREST RATES + HIGH UNEMPLOYMENT RATE + LOW GDP GROWTH RATE = THE SUPER STAGFLATION IS STARTING NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) AGAIN AND AGAIN IT IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE FINANCIAL ENGINEERING PROBLEMS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
————– > BECAUSE THOSE PSEUDO KEYNESIAN ECONOMIST SIMPLY THE MMT GROUP CANNOT HIKE THEIR MONEY PRICES (= INTEREST RATES)———– > US Fed, BOJ, ECB Are Set to Announce Policies This Week < ———- MEANS AS USUAL UNDER TABLE THEY NEGOTIATED AND MADE AN CONCLUSION TAHT FED STOPS HIKING INTEREST RATE FOR US TREASURY SELLING IN COOPERATION WITH THE BOJ AND THE ECB JUST HIKES 25BP THAT PRETENDING TO DEAL WITH EUROPEAN HIGH INFLATION PROBLEMS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) BUT AGAIN TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE FINANCIAL ENGINEERING PROBLEMS MEANS THERE ARE MORE AND MORE AND MORE AND MORE DEBT PROBLEMS MOUNTING AND MOUNTING AND MOUNTING NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN IT'S THE GREATEST TIME EVER TO HAVE GOLD + ENERGY (= OIL GAS COAL) BECAUSE ———– > LONG STORY SHORT THAT THERE IS MONEY PARTY COMING BACK EVEN UNDER HIGH INTEREST RATES PERIOD———- > THIS IS ONE OF THE SUPER REASONS TO GO HIGHER OF THE COMMODITY ESP GOLD + ENERGY (= OIL GAS COAL)
AGAIN AND AGAIN THE BOTTOM LINE IS THAT CENTRAL BANKS DID LOSE THEIR GAME WITH TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS IN THEIR ECONOMIES BUT TO DECIDE TO GO FURTHER 'MONEY PARTY' WHILE THEY KEEP HIKING INTEREST RATES + LOW GDP GROWTH + HIGH INFLATION + HIGH UNEMPLOYMENT RATE AS WE HAVE SEEN THOSE 'MONEY PARTY – STAGFLATION' FROM ARGENTINA VENEZUELA TURKEY EUROPE FOR MANY DECADES ALREADY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:0
AGAIN AND AGAIN GOLD PRICE HAS NO OTHER OPTIONS BUT TO HIKE INTO 3K$ – 3.5K$ THIS YEAR + OIL PRICE IS GETTING INTO 130$ – 140$ BB/LS THIS YEAR THAT AGAIN THIS IS THE BIGGEST EVER REASON WHY COMMODITY PRICES HAVE NO OTHER OPTIONS BUT TO HIKE INTO THE SKY!!!!!!!!!!!!!!!!!!!!!!!:) –
———— > AGAIN AND AGAIN USA WANTS TO BORROW MORE AND MORE AND MORE AND MORE AND MORE AND MORE AND MORE MONEY < ——— > SO WHO IS GOING TO LEND MONEY TO THEM? ———- > ONE OF THE WAYS IS THAT THE BOJ PRINTING MORE AND MORE AND MORE AND MORE YEN TO BUY US T – DEBT AS WE SAW FOR THE LAST DECADE MEANS ——— > THE BOJ IS LOSING ITS CONTROL OF FINANCIAL SYSTEM MEANS AGAIN THE TIMING IS EVERYTHING BUT THE BOJ IS ALMOST LOSING ITS BEST TIMING TO RECOVER ITS MONEY POLICY BECAUSE OF POLITICAL MATTERS WITH USA!!!!!!!!!!!!:)
Depression is why. Liquidity still sloshing into the stock market but oil demand is collapsing.
CHINA RMB IS GETTING INTO 8YUAN RANGE VERY SOON AS I'VE SAID ALREADY < ———- DO THE MATH WITH THEIR PPI VS CPI VS UNEMPLOYMENT RATE + DEBT TO GDP RATIO + ITS COLLAPSED PROPERTY SECTOR'S DEBT BASED ON ITS LPR RRR REPO RATE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
WHAT ABOUT ARGENTINA VENEZUELA TURKEY CHINA EUROPE USA JAPAN? < ——- OIL DEMAND IS COLLAPSING THERE?!:) < ——— THE ANSWER IS NOPE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
US FED IS NOW GOING TO PAUSE ITS INTEREST RATE AND HIKING THE RATE AGAIN < ———— THAT WILL BE ON AND ON AND ON AND ON AND ON FOR MANY YEARS TO COME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > AGAIN AND AGAIN IT'S THE GREATEST TIME EVER TO HAVE GOLD + ENERGY (= OIL GAS COAL) BECAUSE ———– > LONG STORY SHORT THAT THERE IS MONEY PARTY COMING BACK EVEN UNDER HIGH INTEREST RATES PERIOD———- > THIS IS ONE OF THE SUPER REASONS TO GO HIGHER OF THE COMMODITY ESP GOLD + ENERGY (= OIL GAS COAL)
THE WORST NIGHTMARE FOR THE ECONOMY IS NOW BECOMING A TRUTH THAT AS I'VE WARNED SO MANY TIMES THAT THE SUPER STAGFLATION HAS JUST BEGUN AND IT WILL BE GOING MUCH MUCH MUCH MUCH MUCH WORSE THAN 1970S ———- > AS I'VE SAID MANY TIMES ALREADY TAHT EVEN AFTER 2030YR THERE WILL BE EVEN WORSE SUPER STAGFLATION GOING ON AND ON AND ON!!!!!!!!!!!!:)
AS I'VE SAID MANY TIMES ALREADY THAT OPEC + HAS NO OTHER OPTIONS BUT TO CUT ITS PRODUCTION AGAIN AND AGAIN BECAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DEBT OF THEIR OIL AND GAS BUYERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
NOT ANYMORE THE MOST TERRIBLE FORMULA TO CAUSE MORE AND MORE AND MORE AND MORE DEBT PROBLEMS IN THE ECONOMY IS WORKING THAT ———– > ECONOMIC CRISIS MEANS CUT INTEREST RATES < ——— > NOW ECONOMIC CRISIS MEANS MORE AND FURTHER HIKING OF INTEREST RATES TO REMOVE DEBT PROBLEMS IN THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN AS I'VE SAID MANY TIMES ALREADY THAT WE ARE STRAIGHTLY HEADED TOWARDS THE ECONOMIC ARMAGEDDON = THE SUPER STAGFLATION NEVER SEEN BEFORE SINCE THE BEGINNING OF THE 20TH CENTURY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
Oil is trash lol
What to Watch for in US CPI Report < ————- NOTHING TO EXPECT FROM THE US TRASH CPI REPORT WHY? BECAUSE WHATEVER NUMBERS COME OUT, THE ANSWER IS FIXED ALREADY ——– > MEANS US FED IS GOING TO PAUSE ITS INTEREST RATE THIS WEEK FOR SELLING US T – DEBT + PREVENTING US BANKS FROM HOLDING TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT FOR REAL ESTATE SECTOR + US T – DEBT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN ———- > WHATEVER THE CPI NUMBERS WILL BE FOR MAY THE BOTTOM LINE IS US FED IS NOT ABLE TO HIKE ITS INTEREST RATE BECAUSE OF SELLING MORE AND MORE AND MORE US DEBT + BLOCKING FAILURES OF US TRASH BANKS!!!!!!!!!!!!!!!!!!!!!!!:) < ———- THIS IS THE REALITY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
BLOOMBERG IS A FAKE NEWS MEDIA ——— > GETTING LOST ITS CREDIBILITY THAT AGAIN STOP STUPID SHOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) DISGUSTING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! JONATHAN LISA TOM MIKE YOU GUYS KNOW AN ANSWER WHAT US FED WILL DO< ———— PAUSING INTEREST RATE HIKING THIS WEEK, THAT'S IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What to Watch for in US CPI Report < ——- NOTHING TO WATCH OK?!!!!!!!!!!!!!!!!!!!!!!!!!!! BECAUSE THEY ALREADY FIXED THE ANSWER OR US CANNOT BORROW MONEY THROUGH SELLING THE TRASH US DEBT AND MORE AND MORE AND MORE AND MORE TRASH US BANKS ARE DOWN AND DOWN AND DOWN AND DOWN FOR TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT!!!!!!!!!!!!!!!!!!!!!!!!!!:)
It’s sparked a sell off because Currie is the guru of Oil.
Banksters 😉