Prudent Shrimp 🦐

Energy • Commodities
Baskets portfolio (19 positions) • BuyLowSellHigh
I write Prudent Shrimp ↓

[Jim Bianco @biancoresearch]

Before the war, the world was producing about 100M barrels of oil a day, and consuming about 100M barrels of oil a day.

Now the world is producing somewhere between 85M and 90M barrels of oil a day. That means somebody has to stop consuming 10M to 15M barrels of oil a day. Economists call this demand destruction.

The market has a very efficient way to get to this reduced level of demand, it raises the price forcing marginal buyers to stop consuming oil.

But if government subsidize the current high price of oil, the demand does not change and the market price has to go higher in order to get that demand destruction.

I’m all in favor of lower oil prices like everybody else, but we’ve got a supply demand imbalance that needs to be brought into equilibrium.

So either open the Strait so we can get back to 100M of oil a day, or figure out another way to tell the equivalent of 10m to 15M barrels of oil a day that they cannot go to the gas station to fill up their car.

[Prudent Shrimp 🦐 @c_roozee]

@HeathMayo Just realize it, USA is going the way of the dodo

[Prudent Shrimp 🦐 @c_roozee]

@KobeissiLetter By order of the peaky blinders

[Invest In Assets 📈 @InvestInAssets]

Become a Portfolio Manager who hits .400

[Nadira Ali🇵🇸 @Nadira_ali12]

"The Romans occupied England in the 5th century, so anyone of Roman descent has a historical claim to the land."

It's one of the best sketches I've ever seen, it is so accurate and highlights the situation in Palestine.

[Prudent Shrimp 🦐 @c_roozee]

@MinPres @Isaac_Herzog https://t.co/A0wSjvWTlp

[Save Gaza @Alee93ale]

This is Israel, world

An Israeli soldier ordered a Palestinian youth to continue walking, then used him as a target for long-range shooting practice before killing him.

Tell us what you think of their actions!

Repost please

[Save Gaza @Alee93ale]

This is Israel, world

An Israeli soldier ordered a Palestinian youth to continue walking, then used him as a target for long-range shooting practice before killing him.

Tell us what you think of their actions!

Repost please

[Prudent Shrimp 🦐 @c_roozee]

16 million barrels/day stuck in the Gulf = the largest energy shock in history

[Prudent Shrimp 🦐 @c_roozee]

Why Ivanhoe Mines ltd. (https://t.co/AdrcPwfKqn) Is a Hidden Winner

Most miners are suffering from the sulfuric acid shortage caused by Middle East disruptions. But not Ivanhoe Mines.

[Katusa Research @KatusaResearch]

The Strait of Hormuz Doesn't Just Move Oil

▪️It moves the FERTILIZER that feeds half the planet

▪️Helium that manufactures your chips,

▪️LNG that keeps hospital MRI machines running.

South Korea gets 65% of its semiconductor helium from ONE Qatari facility that is now offline.

Samsung and SK Hynix produce two thirds of the world's memory chips.

Crude oil has a ticker symbol.

Helium doesn't.

That's why your X feed is full of one and silent on the other.

[Borg @Borg_Cryptos]

🚨 BREAKING

300 GAS STATION OUT OF GAZOIL IN FRANCE

+27% compared to yesterday

[Clint Awana @clintoptions]

I have a secret to share

After your first $2–$3 million, a paid off home and a good car, there is no difference in quality of life between you and Jeff Bezos. Both of you have limited amount of time on earth; you have twice if not more than Jeff, so you are richer than him. A cheeseburger is a cheeseburger whether a billionaire eats or you do.

Money is nothing but a piece of paper or a number in your app. Real life is outdoors.

Become financially independent; that’s usually 2–3mil. Have good food. Enjoy the relations. Workout. Sleep well. Call your parents. That’s all there is to life. Greed has no end.

Repeat after me: Time is the currency of life. Money is not.

Sooner you figure this out, happier you will be.

[Robert Friedland @robert_ivanhoe]

Kamoa-Kakula's #copper smelter is currently producing 1,600 tonnes of high-strength sulphuric acid per day. We are currently selling this acid for between $470/t and $500/t to local mining operations in the DRC Copperbelt that critically need the acid to leach the copper from their copper oxide ores. Kamoa-Kakula's copper ore is sulphide, therfore our operations DO NOT consume acid...

In the past week, we have started to see the price of acid rise in the DRC Copperbelt, due to the lack of #sulphur being shipped out of the Middle East through the Strait of Hormuz... If supply remains constrained, the price will only continue to rise. Up to 80% of the sulphur imported into the DRC Copperbelt passes through the Strait of Hormuz.
@kamoa_copper_sa

[Prudent Shrimp 🦐 @c_roozee]

Full 20‑stock allocation + reasoning is here: 👉 Link to Letter 33. https://t.co/TmQ5mhFitR

[Prudent Shrimp 🦐 @c_roozee]

My 2026 Allocation Shift (45% Energy)

Since December 2025, I shifted 45% of the Baskets portfolio into oil & gas — not because I’m chasing momentum, but because crude oil was the cheapest vs gold in history.

[Prudent Shrimp 🦐 @c_roozee]

With supply routes disrupted and Middle East production capacity under attack, the market is still underestimating how far this can go.

Meanwhile, precious metals, select miners (Lundin, Ivanhoe), and overlooked resource names remain mispriced.

[Prudent Shrimp 🦐 @c_roozee]

https://t.co/9XYKi01b5F

[Prudent Shrimp 🦐 @c_roozee]

Why Ivanhoe Mines ltd. (https://t.co/AdrcPwfKqn) Is a Hidden Winner

Most miners are suffering from the sulfuric acid shortage caused by Middle East disruptions. But not Ivanhoe Mines.

[Prudent Shrimp 🦐 @c_roozee]

While other copper oxide operations risk shutting down, Ivanhoe becomes a supplier of last resort.

I explain the full chain reaction — and its impact on my commodities positioning — in my latest Baskets letter: 👉 Link to Letter 33