@ArcadiaEconomic@goldseek No, Woodrow Wilson granted monopoly privilege to The Federal Reserve System, making him complicit in enslaving not only the people of the US, but the world.
@DesoGames Yeah, I'm holding my oil equities. Many of them, and especially the Canadians, make a decent profit and can maintain dividends at- or below $60 WTI.
@StackSmarter How to lower oil price quote on screen through 14 weeks: sell short and keep selling short (backstopped by Federal Reseve System). The short must cover at some time in the future, thereby running the price up then. Also: induce extreme volatility by tweet, discouraging longs.
@DesoGames Long oil is hard when you have to put down your own money against the shorts who are putting down our money. We could have been (price) rationing to hit the wall Q4 @ 30 kph, but instead we subsidize demand to hit it Q3 @ 120 kph.
@2020Upstream It's good that they keep tamping it down. Precious fuel is not economized on, leading to severe inventory draw-downs. Growing supply chain dysfunction leads to future hoarding. New production is severely disincentivized. In the medium term, this behavior guarantees higher price.
@cherrygarciafan The only thing that makes sense to me is that all deflastionistas are agents of the state and/or bankers. They're trying to make me believe that the state will chose to bankrupt themselves of their own free will in order to save the currency.
@nominallyrich Keep shorting it. Go big. Lever up more. Borrow from friends and family. Borrow against your 401(k). Create new credit to short some more. Blackmail, pilpul, deceive, lie, cheat, steal and kill. I'm long; I'll be employing your kin as maids and servants maybe even next quarter.