Ada 🧡🧡🧡

NEW: It's now more lucrative to have a losing sports team than a championship team. We examined the Boston Red Sox to see how private equity and cost cutting invaded sports. In this era, teams want to sell good players for profit more than they want to have a good season.

Here is Chappell the SUMMER of 2023 working as a camp counsellor…. She did every summer. This online fake bs is crazy

Officially... Uganda joins the war with Iran "alongside Israel." Ugandan Army Commander: "We stand with Israel because we are Christians." "The Bible says: 'Blessed are you, O Israel! Who is like you, a people delivered by the Lord?'"

Crude oil prices collapsed and briefly went negative in April 2020 (for the May delivery contract) because of a perfect storm: demand for oil plummeted while supply stayed high, and there was almost nowhere left to store the extra oil. ⚠️ 6 years later another perfect storm, but the complete opposite, can potentially happen with oil prices suddenly skyrocketing 🚩 NYMEX WTI (CL) is a deliverable contract with trading terminating 3 business days before the 25th calendar day of the month prior to the contract month. 🚩 The Current May OI for the NYMEX WTI May26 futures is ~300k or 300m barrels begins to settle on the 22nd of April. 🚩 So far the request for physical delivery of Oil futures contracts has been limited compared to the whole OI, however, because WTI is trading at a forced low price by the government while premiums in other markets, especially in Asia, are already much higher, this can prompt a sudden spike in physical deliveries in NY when delivery notices are issued to compensate for the immediate supply shortage in the rest of the world where the oil price is already much higher (making the “cheap” WTI very attractive) rather than most of the OI being rolled forward by longs as usual. 🚩 Differently from gold and especially silver, where the Comex (another subsidiary of CME) successfully avoided a physical squeeze so far with many shenanigans (including pulling the plug from the servers twice), the NYMEX might not be able to do the same in a situation where buyers cannot postpone physical deliveries no matter the monetary incentives offered. Perhaps, this is the reason why the chairman of the CME already warned the US government to refrain from manipulating down the oil futures market. A warning, of course, completely ignored.

Similar to 2020, nobody is listening to warnings or paying any attention to what’s really happening in the real world. Beware, starting from the next week, oil shortages will worsen in Asia, spread in Europe and start pinching the US.

FRANCHAELA 💕🏴󠁧󠁢󠁳󠁣󠁴󠁿🥺