BAGGY ARE YOU OKBAGGY ARE YOU OKARE YOU OK, BAGGY?
>>62021962Reminder that the oil to $200 retards are the same silver yo $200 retards.
>>62021962Now post real prices.
>>62021962It's going right back up once people realize that the "peace deal" is fake and just there to keep the markets from collapsing immediately lol
How do I sell my barrels quickly?
>>62021997Yep
>>62021984Post spot price faggots.
lmaoooo there is no "oil" crisis and Iran is on their fucking knees begging trump for a deal. we won.
>>62022040All made up in your head btw
>>62022045oil is cheap as water right now
>>62022040>>62022064/k/oper
>>62021984probably, but it's going to go up again anyway.nothing really changed. the strait is still closed, the war is ongoing, the damaged infrastructure will take years to repair. there is no realistic exit scenario for now that's not just throwing Israel to the wolves, which the US will not do.this was probably algorithms executing based on trump's tweet and the reporting about it on social media, and it will be back to where it was in a day or two.but in the meantime, shit doesn't feel as depressing as it did on friday anymore, because at least there was one green day, so people's pain tolerance has been pushed up a bit again.you can probably do this indefinitely. dump 20% right away and people want to kill themselves.dump by 3% followed by a recovery of 2% and do this until you hit a draw down of 30%, and they'll still feel that this was less bad than the harsher crash
>>62021988you lost>>62021997you lost>>62022020you lost>>62022045you lost>>62022163you lost
>>62021984Silver is going back up though.
>>62022163>it's going to go up anyway, common sense>that's why firms and the entire market is throwing away free money because... they're just charitable okay?delusional. there is no crisis and oil peaked at $120 and it will never reach it again.
>>62022175>you lostI have zero bets on oil, I am all in indexes. So I'd love nothing more than being wrong and seeing green numbers again.I just don't see a single argument for how that's supposed to happen.
>>62022179they do it because they aren't omniscient and place bad bets just as everyone else does.otherwise everything would always be valued perfectly, with only 2-3% volatility from uninformed retailtards gambling on robin hood.
>>62022257>everybody is wrong except me. i'm like michael burry.ok dr. burry
>>62022269the thread will probably still be up in a few days anyway, then we can check which of us was right.
>>62022276honestly that's very fair, we'll see.
>>62022179One-fifth of global oil being gone with no relief in sight is no crisis? Energy infrastructure is damaged. fertilizer, aluminum and helium are gone. One-fifth of LNG is gone. Asia, AUS, and Europe are about to run out of oil and that's no crisis? Even if the war ends now it will take months to recover you gaslighting bastard. We are under blatant market manipulation.
>>62022289there won't be an oil crisis if people have no reason to use oil when they can't afford to use the things that need oil anyway. canada is already telling their employim to work from home again and soon we'll just have a summer trip in our backyard instead of ibiza. you're gonna use corn oil to do your oil change in your car instead. everything will be metro-boomin and fine.especially since bessent can finally reload after unloading his oil shorts. now he can print even more, the fed can just print more so they'll never get margin called. there will never be a day where you see oil at $120 permanently.
