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>>531381991110 then slammed down below 100 as government desperately shorts using taxpayer dollars
>>531381991Won’t do much.
>>531382076this
$60
>>531381991170
140
When Brent
>>531381991Straight down to $89. Too many retards trying to long it.
>>531381991
DIGITS WILL DECIDE
>>531382076Yeah this 100%
>>531383942$942?? that doesn't seem likely but I trust you
>>53138394288 before close
>>53138394242Based
>>531381991not even 99. everyone thinks taco will taco.
So what's the price
>>531385528unchanged, $98 https://www.investing.com/commodities/crude-oil
>>531382076Explain to me like I’m a retard how shorting drives prices down?
>>531386091If apples are being sold at 100$ and you offer to sell lots of apples in a week for 50$, people will think that's what it's worth
>>531386091>>531386253Get your popcorn ready, /biz/raelis. Dis gonna be goooood.
UAE oil production is fucked. Murban crude spiked so much it broke the chart.
>>531383768>retardsIs that a euphemism for people who have more money than you?
Pay $160bl for world crude, or pay putin $80, what will modi do?
>>531382076imo zionist whales are doing it so trump doesnt chicken out from war. after he passes no point of return tomorrow they will let it go.
>>531387267Calm down, kid.
>>531386091>>531386253These aren't apples thoughThey are the promise of selling you apples for X price next monthA normal person is offering them for $110 a barrelGovernment comes is and says I'll sell for $90So obviously people buy @$90Delivery is next month, government pays the difference between real prices and their offer with taxpayer money
>>531386091No one answered your question. Shorting is borrowing money to sell an asset, betting against the market that the price will go down. You are forced to rebuy to close your position, so you make profit in the difference if the price lowered from where you opened the positionIt is inherently risky and easier to get liquidated, as the price only has to drop 50% on a 2x short to get rekt, but Zion Don has an infinite amount of goycattlebuxx to steal from Americans to manipulate the price
>>531386954Prob had a limit placed for the day mate
