I don't think people understand the gravity of the situation as the UN is preparing for possible nuclear weapon use in Iran.
This is a picture of Tehran. For you uneducated, untraveled, never-served, warhawks licking your chops at the thought of bombing it. It's not some low population desert. There are families, children, family pets. Regular working class people with dreams. You're sick to want war.
Tehran is a city of nearly 10,000,000 people. Imagine nuking Washington, Berlin, Paris, London, or beyond, bombed with nuclear weapons.
I gave up my diplomatic career to leak this information. I suspended my duties so as not to be part of or a witness to this crime against humanity, in an attempt to prevent a nuclear winter before it is too late.
Yesterday, nearly ten million people protested “No Kings” in the United States. The possibility of the use of nuclear weapons must be taken very seriously. It's dangerous. Act now. Spread this message worldwide. Take the streets. Protest for our humanity and future. Only the people can stop it. History will remember us.
I had a mandate from Hong Kong to try and buy an Australian island.
I was authorized to pay off the national debt of Australia.
The Aussies declined. Why? Racist? No.
They said: "If we let them in, they would vote conservative, and the government at the time was Labor."
The results are in and folks lean bearish for the 3rd straight week. Last time we had 3 down votes in a row was July.
You've been right the last few weeks. You're on a roll! Thanks for participating!
There is a lot of speculation that oil prices are headed to $200. People like big round numbers. While anything is possible, the smart money "commercial" traders of crude oil futures are betting against that outcome, and they tend to be the smart money.
A commercial trader of any futures contract, under the CFTC's definitions, is one which uses or produces the subject commodity in their trade or business. For crude oil, that means a lot of them are producers using the futures market to lock in pricing for their future production. As a result, they have been continuously net short to varying degrees since 2009.
Just recently, they were at their lowest net short position in many years, saying that they did not want to lock in prices below $60. That reading was a great bottoming sign for oil prices, apart from anything happening now regarding Iran.
Their response now is to rapidly and aggressively up their collective net short position, evidently grateful for the price jump to allow them to lock in higher sales prices. Similar aggressive jumps to a bigger net short position have been good markers of price tops. So these traders are evidently not believing the online rumors about $200 oil. And they tend to know their business.
@NickSchmidt That happens to me often this year! They can see the order book and make sure to push everyone out before it moves. Another pattern is the stock would do nothing for a while and suddenly pushes after earnings, fades again to shake ppl out and moves.