@CRUDEOIL231 Had a nice run but I took a pause the moment the ME war started. I am protecting against oil led recession. Purely trying to manage risk, though intent on entering new position on the other side
@EnergyPeddler FWIW I think you may be on to something. When will a terrorist organization like IRGC be in a position to inflict pain on their long term enemy again? I think they will press what leverage they have, and the ceasefire only supports oil prices creeping higher
@ArrakisGlobal Glencore has treated me well over the past year, but I am becoming concerned that Qatar Investment Authority owns about 8-9% of Glencore
@adamtaggart Equally important question - how does Iran react? Do they normalize in some manner? Or do they continue to press oil higher and seek to destabilize American treasury/markets?
@ArrakisGlobal@moneyofminepod Thanks for doing this podcast. I listen to a lot of podcasts and this is one of the best I’ve heard in awhile. Love the process, very aspirational
@ErikSTownsend Long time listener of your fantastic podcast. Based on a google search, Iran gets less than 3% of its water from desalination plants on the Persian Gulf. How can one suggest the strait is not “closed”. Would like to suggest Rory Johnston as guest.
@tomowenmorgan You’re not the only one. I’ve gone cash and hold. Though I’m a little nervous with the run up in gold and whether it will sustain, though I’ve got a bit of a cushion as I’ve been in it for awhile
@jimcramer Microsoft turned one of my laptops into a brick after a forced Windows upgrade a few years ago. They tricked users like me to click on the little “x” to escape but it actually activated the upgrade instead. Such a greedy organization, they’ve totally lost my trust forever.
Bitcoin's price has been tracking right in line with the last two cycles, but when I think about the fundamental set up today, my base case is that this doesn't continue for much longer.