Everything is fake.
Economically illiterate thread. I don't understand something therefore it's fake
>>542843999/pol/ thread - I'm confidently wrong about everything. https://oilprice.com/Energy/Crude-Oil/Saudi-Export-Pivot-Sends-Brent-Below-105.html
I mean, if the damage isn't severe, and they can just send it through hormuz, why are they asking for a cease-fire?
>>542843877>Waaaah how dare they not play along to our delusion's theatre play!Nigger.
>>542843877america still has tons of oil reserves. China is also not buying oil anymore because they don't want economies to stop buying things from them.Nothing ever happens, remember that
>>542843999>its fake>you just dont get it - t. LolbergLol sure thing
>>542845675Actually, China recently resumed purchases, and the SA pivot to hormuz shipment is allocating cargoes to China and far east refineries, to whatever extent they're able to get the tankers through, at the expense of European contracts that were just cancelled. There's even more fuckery afoot regarding how that happened.
>>542843877Yes everything is fake and gay.
>>542845675It's literally all wrong, the US reserves are hitting critical, the chinks reserves are the ones with a fuck load of reserves because they invested heavy in every other source of energy and the few ships that leave the strait go directly to them.
>>542846317>at the expense of European contracts that were just cancelled. There's even more fuckery afoot regarding how that happened.simple force majeure when your pipelines and refineries are bombed. there are no more contracts and they chose to force majeure less of the chinese contracts. while it does screw over lots of people and will make my petrol/gasoline more expensive, in the sense of business deals to suit saudi arabia it is what they should do.
>>542843999Fractional reserve banking is objectively fraud and theft. All economics stems from that. You are the illiterate. It's all Kabuki theater.
>>542843999fpwp
>>542843999One day we will have your names
>>542843877gang stalking is real
>>542843877it's very easy to understand if your iq isn't below 80 and bother to think about it for a minute>day to day variance doesn't actually matter all that much (unless you're a degenerate daytrader) and doesn't affect long-term trends>prices being so close to 100 was likely speculatory over-reaction prior to the houthi happening. if not for the happening, they would have dropped somewhere in the 80-90 range eventually>the houthi happening prevented that drop from happening to the first placeyou see the line not going up enough and you think something paradoxical happenedbut the fact that the line could have gone down but remained stable instead is conceptually very similar
>I know better what the real price should look like than the markets!Based on what expertise?
>>542843999just shows how rigged things were before, and they're willing to let things get squeezed a tad now
>>542850478I made half a million dollars trading precious metals.
