>biggest oil shock since 1973>literally the worst case economic scenario>he STILL hasn't soldSome people just want to lose money.
Iran will open the strait by the end of the week retardthey don't want to anger china and Europe
last time I checked bitcoin is mostly mined with clean coal and waterfall generators so tell me why it matters
May panic sell tomorrow. Already got fucked holding over one weekend
>>61942069>just one more weekend bro
>>61942092Should I buy in the next days after the dip?
>>61942065But my folio is built exactly for this scenario, bobs
>>61942069Chinese and Russian tankers are allowed to transit
>>61942069They're already letting Chinese/Russian ships through. They're only blocking NATO ships>don't want to anger EuropeA sentence only a European could conjure up lmao
>>61942069>Iran will open the strait by the end of the week retardWhy would they? That's their biggest chip in this casino>they don't want to anger chinaWhich already stockpiled lots of oil from Russia through india, aims to support Iran in the war and doesn't want the US to dictate its oil import prices>and EuropeSadly we're irrelevant to the world. If we didn't deindustrialize ourselves through our 20 something sanctions against Russia we might still have some say but so far all we do is suffer and not support Iran even if paid us to take the oil.
>>61942112The EU is the second largest economy in the world retard
>>61942121And why would Iran give a fuck about that
>>61942065>The supply decreasing will make the price crash!!!....What?
>>61942131>Supply decreases>Buyers will lose economic power as they required the good in order to have economic growth>Demand reduces
>>61942065The US is not dependent on middle east oil any more like in 1973
>>61942136>PicreIt's what happened to the price of oil in 1973.You're acting like no one has oil reserves and that suddenly one strait being closed means everyone has zero oil. It's dumb as shit. The US has like 10+ years of oil on reserve. Britain has 5 years on reserve, etc.Not only that, but if the good is REQUIRED to have economic growth, that is demand. Doofus ass. You're just describing a massive bull market for oil because the supply is reducing AND the ability to acquire it is getting harder. Which means people will pay more for it because they NEED it to keep everything moving.DOOFUS.ASS.
>>61942178You're acting like the war is over in a week
>>61942242The war could go on for 9999 years. Makes not much of a difference. Iran mostly exports to CHAYNA, so who gives a shit? The only issue is that there's shipping vessels caught in the hormuz strait. Explain how this would do anything other than make the price of oil go up? pro tip:it can't. The price can only go up because it's harder to ship, the supply is decreasing and the demand is increasing.
>>61942120>aims to support Iran in the warBro it's a bit late to "support iran in the war" sorry you missed your chanceThe war began days ago it's almost over there's nobody left to lead Iran and no air defenses it's just a matter to clean up
>>61942281>Makes not much of a difference.I'd say 20% of all oil trade is significant>>61942281>Iran mostly exports to CHAYNA>>they don't want to anger china>Which already stockpiled lots of oil from Russia through india, aims to support Iran in the war and doesn't want the US to dictate its oil import prices>The only issue is that there's shipping vessels caught in the hormuz strait.And that the biggest exporters got lots of their refineries destroyed and currently don't feel safe continuing their operations>Explain how this would do anything other than make the price of oil go up?>>61942136>the demand is increasing.No>>61942291>Bro it's a bit late to "support iran in the war" sorry you missed your chanceBecause of what exactly? Khamanei is gone and still Iran can operate. The US doesn't even know what its goal is besides making israel happy. Why are zogs so eager to trust sources from active war parties and its vassals?
>>61942131>the price of something essential to the economy skyrocketing isn't a big dealFucking retard. The last time this happened we went through double digit inflation and stagflation.
>>61942457Both are great for bitcoin
>>61942465Extremely midwit post. High inflation=higher rates=number go down. You didn't actually fall for the "hedge against inflation" memes, did you?
>>61942386>I'd say 20% of all oil trade is significantOh no! CHAYNA, the biggest importer through the Hormuz strait, will have its oil supply cut! THINK OF THE POOR CHAYNA MAN!>And that the biggest exporters got lots of their refineries destroyedExplain to me how this makes the price of oil go down...? Reducing the supply of oil increases the price, since the demand will remain the same or increase.If there's actual prolonged war, the price will increase because war demands lots of oil. The bearish outcome for oil would be the war stopping and everyone being happy and best friends with flowers and rainbows and hugs. >>the demand is increasing.>NoYes. The demand won't decrease. It's not like people suddenly need less oil. The demand will remain the same (or increase) and the supply will decrease. If there's 10 houses for sale and 10 people want houses, all is good.If one of those houses blows up and now there's 9 houses and 10 people who want houses, the demand just increased because the supply is less than the demand. It's very simple economics.
>>61942065Au contraire, I am buying. Buying big. And will continue to do so.
>>61942386Imagine defending the Ayatollah lol. Even Iranians hate their government.
Have fun trading in and out of crises while I just hold and buy more assets. You’re not smart. You’re going to sell, then buy in at a higher price.
>>61942590>t. israeli propaganda victim
>>61942664lol, I’m sure you have it all figured out.
>61942590>Even Iranians hate their governmentEven Iranians hate their government
>>61942065Can you buy barrels of oil and will that attract pussy if you have them in your garage
>>61942120>Why would they?They did for some countries. Why? So they can sell China their oil and receive whatever they need from them for their war efforts.
>>61942570touche anon touche
I trust my president, he'll find a way :^)
>>6194228115-20m barrel deficit is what the market is looking at. Oil went to 120 because it worried about Russia’s 3m barrels getting sanctioned at the onset of UkraineTHE ISSUE is that the daily 15-20m barrels is EATING the current surplus in the market that makes crude fair valued at $60. Once nations use their emergency reserves and storage, crude will enter a STRUCTURAL bull market. Even if everything goes back to normal, the extra 500m barrels in storage surplus are going to significantly raise the risk premium of crude.Long story short, this is the foundation for STRUCTURAL inflation, not cyclical. We will have 2022 redux as bond yields force tightening globally.
how do i price a decade of high inflation in?
>>61942069you can see the future? how come you're still poor?
>>6194206580 is cheap 200 would be a shock
>>61942065>literally the worst case economic scenarioYou mean AI bubble?
The economy will collapse in two more weeks
>>61942065>Trump can't back off because it would be a catastrophic look for the US if they lost to Iran in a fucking week>also kikes would never allow it because of Kiketropolis "security concerns" Anon....what are you waiting for....? Do you WANT to lose money?
>>61942069FPBP literally that simple
>what is covidOil went bonkers like a dozen times since 2020, we had literally negative crud but muh 1973
>>61942065It is moving quicker than I thought. I sold everything yesterday. Even my oil stocks, might miss out on the upside, but I have a suspicion that if there is a crash it is going to affect everything.
>>61942069Trust the planPatriots are in control!
>>61943436>what was covidA perfect time to buy? So by that analogy now should be a perfect time to sell because oil is going in the opposite direction
I want to short. I really want. But this stupid ass market is completely delusional and gulping Trump's tweets like good sperm.We had yet another illustration of this just two days ago when muh insurance mechanism, strait is open, navy will proteec ur ass, trust us, and thus oil started to dump.Which obviously was a load of fucking bullshit as tankers got hit in the meantime.And now the narrative being pushed is Shitran's ballistic missiles launch is going down exponentially. Well, sure, but they sure as fuck didn't hit tankers with fucking ballistic missiles.One drone. One. One a day hitting a tanker. That's all it takes to make the strait permanently closed.But the fucktarded market being the fucktarded ape it is, it can't see that. no, it will trust any lie from the administration to pump it. How is anyone supposed to short in these conditions, and how much can you fuck up with price discovery before it becomes a complete catastrophe spiling out of control.I fucking hate these retards. Everyone in this dumb market, everyone in this fucktarded administration, and basically, every fucking one.
>>61942281>exports mostly to china>china needs oil>china buys oil from other suppliers>china slurps (You)r oil btw>it's allowed because the west needs their temu shit>oil price skyrockets globally
>>61943663KWAB
>>61942558>Reducing the supply of oil increases the price, since the demand will remain the same or increase.No, the demand will not stay the same if the ones who demand it require it to keep demanding it in the first place. If the oil-importing economies can not sustain the expense of importation their economies will be less productive and have less money to import oil. If you had a population and during a drought you'd let some of them starve the demand for food during and after the drought would not stay the same as some people died and the other ones won't just start eating more simply because they survived. >>61942752>They did for some countries.Most I heard was two tankers. I wouldn't call that a reopening of the strait.
>>61942069I heard 2 more weeks from my sources
Last year around this time everybody was screaming about tarrifs ending the economy and wow would you look at that NOTHING HAPPENED
>>61942065>biggest oil shock since 1973Is it? I'm not in the US and prices here are normal only stocks went a little up, but they have being going up for quite some time.
>>61942069>Europelol
>>61942065Silver spikes after oil shocks.
>>61942178Shit nigga, 6 years? But /this time could be different/ if iran is ripped and the straight is opened
I won't sell because I have nothing to sell. I am dog shit stupid and I don't know anything about stocks or jewels or crypto I just come here for funsies
>>61942069Its already open for china you fucking idiot
>>61942281Your logic would be correct, however, Jews.
>>61942069Modern Europe is a neutered whimpering dog. "Angering" them is a null point.
>>61943678>Implying China will be getting even one (1) drop of oil from the world market after they're blockaded (Which is next after Iran)Anon, the world will bend down and kiss America's boot and like it. Nobody will be able to force ships through the trade lanes the moment we just start sinking anything with a foreign flag that has not been cleared by the DoD.
>>61947483Good luck blocking russia from supplying china with oil migatard
>>61947483Whose we?
>>61942069probably true desuI think they just said they won't be targeting "other countries" already.
>>61942092Don't do it. Never do it. Just top up if it plummets
im panic fucking selling on monday, what the fuck was I even thinking
>>61942065Thanks jews.
