We did it fags!
>>62068666the chink added oil perps?Its going back to $50 in a week
>>62068666>trips of satan
OP is the guy who thinks you can substitute real barrels of oil for IOUs.
blockchain technology letting me bet directly on the price of oil without any decay and other jewish scams this is the way forward. when theres a draft and we dont show up, they wont even be able to seize our assets
>>62068780not just OP, a whole orderbook does
The chink is really desperate. Hasn't seen growth for 4 years and jumps on every short lived trend. I give chinknance to mid this year until its bankrupt
>>62068780>muh IOUyou sound like a metalbaggie
>>62068780>>62068826Physical arbitrage takes a fair amount of time unfortunately which is mostly the reasoning for the finance nigger's short term fiction.>yeah just magically buy and take delivery from somewhere other than Dubai do it faggotPlus you get into questions of whether a country can even really refine US crude. Japan can, Australia can't really for examples.
>>62068915I don't know if you, or even Trump I guess, understands this but the price of gas will keep mooning if there is literally not enough gas to be pumped. It's explicitly not the same as PMs because if you run out of fuel you can't just bullshit people there are more barrels in Fort Knox.>>62068931So the pump and dump will continue until either Trump successfully ends the wars with the straits and iranian/russian oil making up the difference or more likely things will shit the bed harder once people realize there is no secret cache of oil in the mojave that will save our asses.
smart money is calm
>>62068964What are you talking about retard? The supply of oil is far exceeding the expected demand. This little speculative orgy is the perfect entry for a short if you aren't already rolling over energy shorts
>>62068964>if there is literally not enough gas to be pumped.do you understand that typically 50-70% of production facilities just sit there idle? under normal conditions prices are kept artificially high on purpose
>>62068768As everything else.
>>62068983I suppose its a shill. The current playbook of 20th century style p2p shills is trying to propagate a narrative around >Its like the 70s do you member fellow GenZ fren>We now need to come together and embrace global commutardism and blame orange manIts so fucking boring and transparent
>>62068915You sound like someone who is so brainrotted by financial abstractions that you have lost sight of the fact that the contracts you trade online are fulfilled by real-world labor and involve real-world materials.
>>62068907Hope for the best bro!