Matty Zhao, co-head of China equity research and head of Asia Pacific basic materials, oil and gas research at BofA, discusses the outlook for oil and Russia’s plan to cut crude export flows next month, She also talks about China’s decision to impose restrictions on exporting gallium and germanium. She speaks on “Bloomberg Markets: Asia.”
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
Related Posts
16 Comments
Didn't u guys say the same thing last year ? 😢
WTI $120
AS I'VE SAID MANY TIMES ALREADY THAT THE OPEC + IS GOING TO CUT ITS DAILY PRODUCTION MORE AND FURTHER AND FURTHER AND FURTHER BECAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS OF THEIR BUYERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
NOW WE MUST THINK ABOUT TREMENDOUS CREDIT PROBLEMS BASED ON US$ + CHINA YUAN + YEN + EURO + POUND = SO CALLED SDR OF IMF AGAINST THE COMMODITY ESP GOLD + ENERGY ( = OIL GAS COAL)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!?) < ———- MEANS THE TREMENDOUS CREDIT PROBLEMS = THE BIGGEST EVER DEBT PROBLEMS FROM THOSE CURRENCIES ESP LED BY US$ CANNOT BE GOING FUTHER FROM HERE AS WE ARE SEEING THE COLLAPSE OF US T – BILLS (= DEBT) NOW < ——– MEANS WHO ARE BUYING US T – BILLS? THE ANSWER IS NOBODY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
ON THE SAME LINE OF THINKING OF US T – DEBT PROBLEMS ——– > WHO ARE BUYING CHINA SOVEREIGN BONDS?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- THE ANSWER IS NOBODY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– IN OTHER WORDS CHIAN YUAN HAS A HUGE CREIDT PROBLEMS TO GER MORE MONEY FROM INVESTORS THROUGH ISSUING ITS SOVEREIGN BONDS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——— MEANS CHINA ECONOMY IS BEING FINANCIALLY DEFAULTED ALREDY AS WE ARE SEEING THE GETTING WORSE AND WORSE AND WORSE ITS CREDIT PROBLEMS = MORE AND MORE AND MORE AND MORE AND MORE AND MORE DEBT PROBLEMS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
NOW EVERYONE ACKNOWLEDGES THAT US$ HAS A HUGE CREDIT PROBLEMS AS THE BIGGEST TRADING CURRENCY FOR ITS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS EVER SINCE THE BEGINNING OF THE 20TH CENTURY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN ONLY SAFE HAVEN ASSETS ARE GOLD + ENERGY (= OIL GAS COAL) FOR MANY MANY MANY YEARS TO COME UNLESS THOSE TREMENDOUS CREDIT PROBLEMS FROM TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH BUBBLED CURRENCIES LED BY US$ + US T – BILLS IN THE WORLD TRADING SYSTEM MEANS ———– > UNLESS CENTRAL BANKS HIKE THEIR INTEREST RATES MCUH MCUH MCUH MUCH MUCH MUCH MUCH FURTHER FROM HERE OR NO WAY TO RECOVER CREDITS FOR THE BUBBLED CURRENCIES + BONDS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
IN FACT CHINA PBOC HAS MADE ITS DEBT PROBLEMS MUCH MUCH MUCH MUCH MUCH MUCH MUCH MUCH WORSE THAN EVER SINCE 1970S ———— > NOW IT IS MAKING CHINA'S DEBT PROBLEMS EVEN MUCH MUCH MUCH MUCH MUCH MUCH WORSE THAN EVER NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN GOLD PRICE HAS NO OTHER OPTIONS BUT TO HIKE INTO 3K$ – 3.5K$ THIS YEAR + OIL PRICE ALSO HAS NO OTHER OPTIONS BUT TO RECOVER ITS 130$ BB/LS – 140$ BB/LS OR IT MEANS THERE WILL BE MORE AND MORE AND MORE AND MORE AND FURTHER AND FURTHER AND FURTHER AND FURTHER CREDITS PROBLEMS LED BY ESP US$ + US T – BILLS BECAUSE US IS PRINTING MORE AND MORE AND MORE AND MORE AND MORE AND MORE US$ THROUGH ISSUING MORE AND MORE AND MORE AND MORE DEBT = T- BILLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN NO CLEAN UP THE DEBT PROBLEMS = NO ECONOMIC PROSPERITY OF US + CHINA + EU + JAPAN = THE IMF SDR ECONOMIES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN IT IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE TREMENDOUS DEBT PROBLEMS OF USA CHINA EU JAPAN !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
CHINA RMB AS I'VE SAID MANY TIMES ALREADY THAT IT WILL BE EVEN FASTLY GETTING INTO 8YUAN RANGE THAN MY MATH WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
I DO NOT WANT TO TALK ABOUT POLITICAL ENGINEERING BUT MIDDLE EAST LED BY SAUDI ARABIA + RUSSIA BECOMING A GREAT POWER IN THE GREATEST EVER TRANSITION ERA OF OUR WORLD ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
BECAUSE THEY DON'T HAVE THAT MUCH DEBT PROBLEMS AGAINST ————- > NOW WE MUST THINK ABOUT TREMENDOUS CREDIT PROBLEMS BASED ON US$ + CHINA YUAN + YEN + EURO + POUND = SO CALLED SDR OF IMF AGAINST THE COMMODITY ESP GOLD + ENERGY ( = OIL GAS COAL)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!?) < ———- MEANS THE TREMENDOUS CREDIT PROBLEMS = THE BIGGEST EVER DEBT PROBLEMS FROM THOSE CURRENCIES ESP LED BY US$ CANNOT BE GOING FUTHER FROM HERE AS WE ARE SEEING THE COLLAPSE OF US T – BILLS (= DEBT) NOW < ——– MEANS WHO ARE BUYING US T – BILLS? THE ANSWER IS NOBODY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
It's very very interesting when China starts export ban on Germanium and Galium
Someone called the host and he picked it up!