US oil prices still holding onto gains as traders weigh the impact of additional production cuts announced earlier this week by Saudi Arabia and Russia. Su Keenan reports on Bloomberg Television.
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PARADIGM SHIFT, UNITED STATES OF AMERICA CORPORATION 🇺🇸.
Manipulation at it's finest..cut production to keep prices high😬 we must get rid of Saudi Arabia
Oil embargo is coming.
OXY MRO XOM XLE GUSH 🐂 hourly-4hr rebound
Sleepy Joe in office he won't allow anyone to get permits drill for oil in USA is all Joe Biden and Demon Democrats fault USA has more gasoline than any country in the world we need to start drilling here in the USA for own oil
Well OPEC is helping the Russian war machine…just great!
AGAIN AND AGIAN THIS IS THE REASON WHY THERE WILL BE MORE AND FURTHER AND FURTHER OIL PRICES GOING UP AND UP AND UP THROUGH CUTTING MORE AND MORE AND MORE AND FUTHER AND FURTHER DAILY PRODUCTIONS OF THE OPEC+!!!!!!!!!!!!!!!!!!!!!:) ——- > AGAIN AND AGAIN THE PARADIGM OF LOW INTEREST RATE HAS GONE INTO THE HISTORY TOTALLY AND WHETHER YOU LIKE OR NOT ——– > NOW HIGH INTEREST RATE TIME HAS FULLY BEGUN BUT CENTRAL BANKS ARE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!:) ——— > BECAUSE NOW US 2YR – 10YR = (-) 100BP THE LARGEST EVER SINCE 1981YR MEANS —– > US ECONOMY SHOULD HAVE BEEN IN THE ECONOMIC CRISIS ALREADY BUT ——- > WE SAW US GDP GROWTH FOR 2ND Q WAS +2% BY ITS SERVICE SECTOR'S EXPANDING < ———– IN OTHER WORDS EVEN THOUGH US FED HIKES ONLY ONE OR TWO TIME OF ITS INTEREST RATE BY THE END OF 2023YR ———- > THE SPREAD BETWEEN US2YR VS 10YR WILL BE (-) 150BP +/- < ——– SO DO THE MATH ——- > US 10YR YIELD WILL BE +4.5% +/- 0.25% THIS YEAR AS I'VE SAID SINCE THE END OF MAY —– > MEANS IS THERE ANY ROOM TO HIKE ONLY ONE MORE TIME?!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——- NO WAY AT LEAST 2 MORE TIMES BUT AGAIN AND AGAIN US FED IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AS I'VE SAID MANY TIMES ALREADY THAT NOW US 10YR YIELD IS ABOUT TO GETTING INTO THE RANGE OF +4% AGAINST THE FED FUNDS RATE +5.25% = (-)125%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———— BUT DO THE MATH WHAT ABOUT THE SPREAD BETWEEN US 2YR VS US 10YR = GETTING WIDER AND WIDER INTO (-)150BP FROM WHERE IT IS NOW BY THE END OF 2023YR MEANS ——– > THE 2YR YIELD WILL BE GOING MUCH MUCH MUCH HIGHER THAN EVER TO +6% +/- 0.25% RANGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
SO DO THE VERY SIMPLE MATH EQUATION THAT US 10YR AT +4.5% – US 2YR AT +6% = (-) 150BP VS US 10YR AT +4.5% – US FED INTEREST RATE +5.25% – + 5.25% = (-)75BP – (-)100BP BY THE END OF 2023YR? < ———- MAKE ANY SENSE?? THE ANSWER IS NO!!!!!!!!!!!!!!!!!!!!!!:) IN OTHER WORDS BASED ON THE EQUATION ———- > THERE WILL BE STILL TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH US$ LIQUIDITY (= TOO MUCH DEBT) IN THE BUBBLED MARKET!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
Oil Futures Rise in Wake of OPEC+ Cuts < ———- AGAIN AND AGAIN THIS IS BEING JUSTIFIED BECAUSE OF THE SIMPLE MATH EQUATION THAT ———– > SO DO THE VERY SIMPLE MATH EQUATION THAT US 10YR AT +4.5% – US 2YR AT +6% = (-) 150BP VS US 10YR AT +4.5% – US FED INTEREST RATE +5.25% – + 5.25% = (-)75BP – (-)100BP BY THE END OF 2023YR? < ———- MAKE ANY SENSE?? THE ANSWER IS NO!!!!!!!!!!!!!!!!!!!!!!:) IN OTHER WORDS BASED ON THE EQUATION ———- > THERE WILL BE STILL TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH US$ LIQUIDITY (= TOO MUCH DEBT) IN THE BUBBLED MARKET!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN ONLY SAFE HAVEN ASSETS ARE GOLD + ENERGY (= OIL GAS COAL) THAT WILL BE GOING UP AND UP AND UP AND UP BECAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOO LOW INTEREST RATES AGAINST TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS EVERYWHERE IN THE WORLD ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN DO THE MATH!!!!!!!!!!!!!!!!:) ———- > INEVITABLY MORE AND FURTHER GOLD + ENERGY PRICES ARE GOING UP AND UP AND UP < ———– > US FED SHOULD HAVE HIKED ITS FUNDS RATE TO THE RANGE OF +7% – +8% THIS YEAR BUT ALREADY IT LOOKS LIKE FAILED TO DO AND IT WILL BE BETWEEN +5.75% – +6.0% AT THE MAX THIS YEAR MEANS ——– > NEXT YEAR THE FED HAS TO HIKE INTEREST RATE MUCH FASTER THAN NOW BECAUSE OF ITS MORE AND MORE AND MORE AND MORE AND MORE AND MORE CREDITS PROBLEMS FROM ITS BUBBLING AND BUBBLING AND BUBBLING SERVICE SECTORS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
ANOTHER REASON WHY GOLD + ENERGY PRICES ARE GOING UP AND UP AND UP AND UP ———— >
CHINA RMB AS I'VE SAID MANY TIMES ALREADY THAT IT WILL BE EVEN FASTLY GETTING INTO 8YUAN RANGE THAN MY MATH WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——— MORE AND MORE AND MORE AND MORE AND MORE YUAN PRINTINGS!!!!!!!!!:)
AGAIN AND AGAIN NO CLEAN UP THE DEBT PROBLEMS = NO ECONOMIC PROSPERITY OF THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
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 THERE IS NO SUCH THING LIKE INTEREST RATE CUT EVEN IF US ECONOMY GETS INTO A HUGE CRISIS BECAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS!!!!!!!!!!!!!!!!!!!!!!!!!!:) ——— > AGAIN AND AGAIN US FED IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN US SERVICE INDUSTRY'S THE SPEED OF GROWING HAS LED THE US ECONOMIC GROWTH SO FAR SINCE THE END OF 2ND Q OF 2022YR EVEN IF US FED HAS HIKED INTEREST RATE BY +525BP SO FAR MEANS ———– >THE BIGGEST EVER IMPETUS OF US SERVICE SECTOR GROWING IS WHAT? < ———– THAT IS A TREMENDOUSLY BUBBLED US$ LIQUIDITY UNDERSTAND?! < ———– IN OTHER WORDS US FED IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
LONG STORY SHORT THAT FUNDAMENTALLY MORE AND FURTHER GROWTH OF SERVICE SECTORS IN US ECONOMY MEANS ——– > MORE AND FURTHER AND FURTHER AND FURTHER AND FURTHER ITS CREDIT PROBLEMS GOING FORWARD UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———— THAT MEANS US ECONOMY CANNOT QUELL THE STAGFLATION THAT HAS BEEN SUPER ENTRENCHED IN THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——- SO AS I'VE SAID MANY TIMES ALREADY EVEN IF THERE WILL BE A HUGE RECESSION —— > ECONOMIC CRISIS THAT DOES NOT MATTER < ———— US FED HAS NO OTHER OPTIONS BUT TO HIKE ITS INTEREST RATES MUCH MUCH MUCH MUCH HIGHER THAN EVER SINCE 1970S – 1980S BECAUSE US ECONOMY HAS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS TO GO FURTHER FROM HERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
ON THE SAME LINE OF THE 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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S 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 = OPEC+ 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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
Cut 3 million a day