Disciple of The Dude
2.5K posts

Disciple of The Dude
@DiscipleofDude
cars and markets




I don’t know anything about oil. The one lesson I learned from 2022 was whenever oil folks start talking about “paper vs physical markets” or “paper market getting it all wrong” that it’s time to run as far away from oil as I can and take comfort that the worst is basically over.








North Sea Crude spot price just hit a new ALL TIME HIGH at ~149$ above 2008 peak ⚠️ Whoever is persisting in suppressing oil future prices to the current asinine low level is manufacturing the biggest volatility time bomb right in the heart of financial markets











I'm an aerospace engineer. I made this prediction over five years ago, and I'm still correct. I'm not interested in non-engineers trying to explain to me how I'm wrong somehow. Elon Musk is not an engineer.

BREAKING: President Trump requested a plan to seize nearly 1,000 lbs of highly enriched uranium from Iran. The U.S. military briefed him on a complex operation involving airlifting excavation equipment, building a runway inside Iran for cargo planes to extract the material, and potentially deploying hundreds of troops. - WaPo







They're telling you there is such a bad oil shortage that they're going to try to use oil futures to suppress the price of oil, and you're bearish?


All sides in the conflict are conserving ammo and preparing for what could be a longer war.













