Yesterday, the good man from the television, Dennis Gartman, informed our good persons that Fusion energy is here and that “the oil (barrel) would go the way of the whale oil, completely extinct” from the public landscape. He furthered “oil should trade down DEMONSTRABLY over the course of the next few years,” meandering about the cemetery of antiquity at around $10 or much, much less.
All of your cars, homes, and airplanes will be powered by Fusion technology. I am sure some of you outlier types were unaware of this circumstance. You should thank Mr. Gartman for informing you of suchness and offer him to eat at your summer cottage, for what will surely be wild eyed entertainment–emanating from this flair for the obscene.
With oil already whistling past the graveyard, one must contemplate how this fusion technology can be used by persons, such as ourselves. I imagine the Dominos Pizza Organization will be delivering their tomato pies via space aged vehicles. And, moreover, GM and F, as well as all of the traditional auto makers, will need to take wrecking balls to their factories, in order to retool for this new technology and engines that run on it.
Kiss your local Wawa goodbye. Gas stations are no longer required.
And, the next time the fuel truck stops by the house to provide you with oil for the winter, tell him to “fuck off, I have fusion technology.”
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Death Of Money by James Rickards…thoughts? opinions?
Interesting book but the guy is kind of a blowhard. More fiction then not.
Not sure why he’s viewed as an expert. All he’s done of note is be there when LTCM blew up. Since then, he’s made some predictions — none of which have yet come to fruition — about gold increasing in value, the death of the dollar, and so on. He’s full of shit.
Shouldn’t “suchness” be in quotes…lol. Someday it will be added to Webster’s.
Short Gartman in Yen terms..
Long Gartman in Ebola terms.
Long Gartman in whale oil terms
#timestamped #growthslowing
Mr. Gartman is mostly wrong. I wonder if that’s how he sells newsletters, for the wrongness of suchness.
Where goest HCLP from here?
There is a joke that Fusion Energy is 50 years away. Fusion in itself has been doable for a long time, but you gotta put more energy than you can take out. Until somebody can show a net power, it remains firmly a vapor ware, doable but difficult.
Nonsense
Gartman says Lockheed found the solution. Oil to $10
It might be possible, with “might” being the keyword. Similarly it might be possible we be visiting moon for lunch meetings by next decade. LOL
I think he was trying to say that he had just gotten a Ford Fusion and was getting pretty good gas mileage. But maybe he’s senile.
Thanks for the chuckle.
Gartman over charges for his newsletters so lemmings think it must be worth something, and it is, going the opposite direction.
more like cartman like the southpark character. just as stupid but less funny
Fly, TRN releasing earnings at end of trading day. Rumor is that they’ll crush The Street’s estimates due to they venture in moving fusion technology by rail, all while the fusion technology powers their rail car…
Can you recommend a good wrecking ball stock?
ACME Wrecking Balls
BALL
Facebook only stock you ever need to own. $150 soon. It took that april tech selloff and made it its bitch . teens who get board of Facebook go to instagram
I’m seething with repressed fusion.