iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,429 Blog Posts

Prediction: Crude Will Run to $100

One of the advantages of having an actual time machine is being able to know the future. I can tell you with a certain degree of extreme certainty, crude is going back to $100, as part of the deal President Orange forged with the evil Saudis. In return for arresting Prince Alaweed (sp?) and ransacking his fortune, Trump agreed to push WTI back to $100. While this might seem petty to some of you, the President does have his caprices.

With WTI pressing higher, you’d be wise to position yourselves in fracking stocks. Once WTI breaks $70, all of the absolute faggots on CNBC will begin to travel to North Dakota to see if another oil boom is underway. They will find oil drillers fracking their hearts away, blackening the land with their chemicals — laying waste of environmentalists — killing off weak animals and vegetation at rapid rates.

Stocks like FTK, EMES, PUMP, FMSA, and HCLP will triple from current levels. The oil sector, while being the worst sector of 2017 next to retail, will in fact by the best in 2018.

All that aside, I am making gains in MYSZ and RAS. You might want to check your opinions at the door before entering House Fly — for you’re small experiences and stores of knowledge are absolutely shit compared to mine.

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17 comments

  1. ferd

    Fake news. The president said that energy “is plentiful and cheap.”

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  2. juice

    the Saudis have turned off the pumps, until they can dump that Saudi Aramco on the public .. then look out below

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    • numbersgame

      My thoughts exactly. So I don’t understand this:

      “the deal President Orange forged with the evil Saudis…Trump agreed to push WTI back to $100”

      Trump (and almost all Republcians) are pushing for increasing US production. How does this push WTI *up*?

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  3. sarcrilege

    WTI going back to $100 is bad news. Very bad news for the millennials. These fucking freeloading millennials living in their mom’s basement will riot if they not get free gasoline. These revolutionary marxist beta dipshits are so broke they even riot to get free tampons. Period. Can you imagine what happens when WTI goes to $100?
    https://tinyurl.com/y8f9fszq

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    • numbersgame

      “Can you imagine what happens when WTI goes to $100?”
      Yes I can, because 10 years ago we’ve saw that exact scenario play out, when another asset bubble was blown up due to high inflation.

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    • soupbone

      Bad news for millenials? They don’t even want to own cars (phones yes). It’s the suburbanites that will suffer along with their account balances, retirements, property values, as oil once again ushers in trouble.

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    • insp cluso to you
      insp cluso to you

      Sarc,
      You have opinions about millenials which are now antiquated, circa 2010. Change the fucking channel already. The millenials you speak of were living the “W” nightmare in real time. When you were in your early 20s, I’m guessing, you being at/near my age, were deciding not where to work, but where to vacation and if I should update my resume in preparation for another climb up the ladder.

      As a parent of 4 millenials I can tell you unequivocably that they are 10Xs smarter than most of us at age 20. Given your comments, make it 100x.

      At age 20 we didn’t even have PCs, or TV remotes for that matter. These kids have grown up with computers in their pockets(literally) and will fact check you on the fly – extra info.

      My least successful Millenial owns a house(bought at the mkt bottom) with an easy $100+k in equity and full time job with benefits. And a 15yr mtg.

      You really do sound like an idiot with the “basement” comment. You must be watching a lot of the FOX fake bullshit. Have you been following Secret Society? Bwahahaha!!!!

      Do yourself a favor and change the fucking channel and maybe you’ll learn something new today.

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      • sarcrilege

        Point well taken, insp closet. But, in my very early 20’s I already lived on my own, had my own car and owned Pentium II PC and all I cared about at that time was getting laid, stoned, play dotcom and vacationing in Caribbean on my own dime. It was also time when feminazis raved around like rabietic flea infested dogs calling straight up guys like myself ‘male chauvinists pigs’ because we were alpha males and treated women the way they need to treated. Shoot me one single link where it shows that we were a generation no different than these beta gender confused anus bleeding snowflakes rioting to have tampons in men’s bathrooms like in the link above. And I am really sorry for your misfortune to spawn four of these insecure basement dwelling snowflakes afraid of and cowering to (((feminazis))). We knew, and still do, how to treat a lady properly, the way our role models did.
        https://youtu.be/lxvZL1zu0Dg

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        • jonnybegood2

          I’d wager real life Sac has a nice Jewish wife. Not really but that would be poetic.

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          • ferd

            Maybe he HAD a nice Jewish wife, but she left him when he wanted to move the fam and his PM bars to the abandoned missile silo. This would explain much.

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          • sarcrilege

            You two shitheads should know that a wife who is loved and treated right will give up everything in the World for her man and family and will always follow where her man goes for as long as she feels safe and protected by her man. Women leave men who are weak, show no leadership, dont protect their family, are wishy-washy and dont stand up for principles. A wife will devout herself to a man unconditionally if she is certain that she is the queen of her man’s heart.
            Not only I have to redpill you two shitheads on politics, religion, finance, geopolitics and conspiracy-fact, now I even have to redpill you on how to love a woman. And when I say woman, I mean 100% feminine, crazy in love, hormonal female; not some warped and cold feminazi. They cannot be helped.

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    • tonka

      Lol I’m paying the same price for gas as I did when crude was at $150.

      If crude goes up another 50% and gas follows suit, a lot more than millennials will be complaining.

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  4. zusch

    Nice ELF timing. Guess we’re all still new to crypto HUh?

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  5. jonnybegood2

    it’s the Aramco IPO. Been saying it since late summer. Will put a floor under WTI and Brent. Don’t see it going to 100 but 80-90 not outside of the realm. With potential dips worth buying. Moron Trump has nothing to do with it – i’m sure there is a crack spread joke in there somewhere. Still riding energy hard. Pipelines, drillers, producers, majors, services. All of it.

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  6. heaterman

    Crude may meander it’s way up to $100 or near that but it will not stay.
    Number 1… That price level is detrimental to the entire world economy, not just the USA.
    Number 2… At that price level the frackers will be frothing about the mouth as they drill everything in sight. Most of them can produce for under $50 now. $100 would make them extreme winners.

    That being the case, the oil market will in a way, self regulate as it over produces when price are high and under produces as their profits shrink.

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  7. stuckcity

    Fly’s style of investing can be applied to sports betting. Fade the general public.

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