Are you long or short?How exposed are you?
>>62016273I'm feeling crabby
>>62016273Non-liquidatable long position on a brent derivative.Not looking to get rich, just small thrills for me with the oil situation (Mid 5 fig up/downside)
>>62016273I sold 1/3rd. The move index went crazy last Friday.They have to stop.
Oil is going to $0
longlet's go baby
>>62016273Any of you buy WEAT or CORN? Those futures are the long play. I only have a hundred shares of WEAT but I am looking to gobble up 200 shares of CORN and another 100 shares of WEAT by the end of next month. Harvest season is going to be crazy
>>62016326They can't stop, if the current regime remains in power then you have accomplished nothing in the long term but make your enemy more hardened, the regime will crack down even harder on the population who will be further impacted by the destruction caused by the war, they were already in a multiyear drought which is what led to the original protests, their economy will be virtually non-existent in the short term due to the damage of their oil infrastructure, so what will the US's response be when even more protesters are murdered en masse? What stops Iran from controlling the strait? Iran seems intent on making payments made on goods that go through the strait being made in yuan, the US can't allow that
>>62016372The bond market and the bedrock of the global financial system are more important.At least they will have to tone it down a notch or have the Fed to start injecting liquidity in big amounts through the back door.
>>62016400If Iran still controls the strait and causes an oil shortage that will destroy the world economy too, if oil is priced in yuan and not USD that will destroy the US, the only reason they're able to run such a large deficit is because they're the world's reserve currency
>>62016349Too much of a learning curve for me to get into food commodities right now too.Unless you want to give us a free primer lesson beyond the strait disruption stuff + increasing cost to operate machinery
>>62016273I'm mostly in cash, but have $10k in BNO. Those profits are essentially just gas money for awhile or at least that's how I think of it.
>>62016273been thinking of opening a long position on HL before tradfi opens, probably only like 10-12k size at most
>>62016273Long like King Kong
TACONothing will happen
>>62016427Hormuz is shut and half the world’s urea and a third of ammonia exports are stuck behind it. Ammonia went from $850 to $1,050 a ton in three weeks, Qatar’s fertilizer plants are offline, India and Bangladesh are shutting theirs down too because they can’t get gas feedstock anymore. There’s no strategic fertilizer reserve like there is for oil, nobody planned for this. Corn needs more nitrogen than any other major crop and at these input costs it literally doesn’t make money at $4.50 a bushel, so farmers are going to rotate acres into basedbeans which fix their own nitrogen. Less corn planted means less corn harvested in September means price goes up. USDA Prospective Plantings report March 31 is the catalyst. The best part is even if the war ends tomorrow the fertilizer still hasn’t shipped, it takes 30 days on the water plus weeks to reach inland farms, and planting season is NOW. The supply destruction is already locked in. This isn’t a war trade it’s a math trade. CORN, CXRN if you want 2x.
>>62016886>This isn’t a war trade it’s a math tradeGay gpt writing detected. Opinion disregarded.
>>62016273im fuckedthink im just gonna rope at this point.
>>62016273my shorts have been printing like crazy since i opened them at $119. when it falls to $50 this week i will be rich enough to quit my job
>>62017451>when it falls to $50 this weeklol, lmao
>>62016329/thread
>>62017462Trump will TACO. Ceasefire by end of week. Screenshot this
>>62017420Good. I hope you miss out and don’t make money. Your three thousand dollars pocket money can’t change global reality. When it comes to you — it’s not retard, its double retard.
>>62016886>Hormuz is shut and half the world’s urea and a third of ammonia exports are stuck behind itPiss is free nigga
>>62017499Who gave r kelly internet access in prison
>>62017540probably the same (((people))) that gave it to SBF
>>62016273I filled my gas tank this morning. I'm ready.
>>62016349You should buy calls. There's a weird tax implication for hold WEAT shares
>>62016333ESKETIT
Mostly cashWould be all cash if I fucking sold all tech and rare earths in january like I wanted. Don't care though. Which is funny because the amount of money I have would have caused me to lose sleep 2 years ago. I mean I'm not trying to lsoe money, but I'm confident by working and trading I will gain a lot more money in the coming months and springboard to a million+ from there. It's a shame Its not 2019 and I'm old as fuck now.
