FiueuoaIct
66 posts


For the first time since WW2 the world is about to face a fuel shortage while there's a glut of oil.
The US disruption of the Strait of Hormuz has broken the OPEC alliance of price control.
The recent destruction Russia's refineries by Ukraine + Middle Eastern refineries by Iran means a huge portion of global fuel production has been taken offline.
As we enter the fall, US refineries will go offline for maintenance. That leaves only China's refineries fully operational.
Combined with the ramp up in domestic oil production, suddenly we're going from an oil shortage to a glut, with nowhere for it to go.
Oil prices will plummet along with economic growth.
Financelot@FinanceLancelot
Everyone still doesn't understand... The real reason oil is falling is the economic destruction unleashed on the global economy during the oil spike to $120. Jan 2020, oil began collapsing after a spike. 60 days later the market crashed. July 2008, oil began collapsing after a spike. 60 days later the market crashed. 18 May 2026, oil began collapsing after a spike. 60 days later is July 20th. A two week bounce in oil is exactly what happened in Feb 2020 right before the stock market flash crashed.
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You've got to watch to this!
Warren Buffett was interviewed in July 2006 when Berkshire Hathaway was sitting on a record $40 billion in cash.
When asked why he wasn't buy anything he said there wasn't anything worth buying.
He also warned about private equity making risky investments with other people's money.
Today Berkshire Hathaway is sitting on a record cash pile of $400 billion.
Financelot@FinanceLancelot
Nasdaq 100 $NDX is tracking perfectly to July 20th. This marks the point where 25 years of QE money printing turns the parabolic backward in time. What happens next?
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Arsonists or natural causes Canatonians?

Financelot@FinanceLancelot
Well this is terrifying... Canada.
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@ericjackson ✅Many of my Twitter followers have already joined my WhatsApp🚨
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@ericjackson ✅Many of my Twitter followers have already joined my WhatsApp🚨
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The wins are there too: SanDisk, Intel, Dave, and a Supreme Court term I went 6 for 6 on. But the misses are the point — a track record you can't see the losses in isn't a track record. It's a highlight reel.
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@ericjackson ✅Many of my Twitter followers have already joined my WhatsApp🚨
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@ericjackson ✅Many of my Twitter followers have already joined my WhatsApp🚨
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