The CEO of PXD said if we place sanctions on Russian oil — the price of WTI will spike to $150-200bbl. About 15 mins after he said that, the White House released this presser.
BIDEN ADMIN IS WEIGHING A BAN ON US IMPORTS OF RUSSIAN CRUDE OIL AS CONGRESS RACES TOWARD PASSING SUCH A RESTRICTION
— The_Real_Fly (@The_Real_Fly) March 4, 2022
The result was a mega spike in WIT and Brent with prices at session highs — Brent nearing $118.
In the oil markets, an array of names are +20-50%. I am presently long PHX, NEXT — having sold out from many others into this spike. I remain fully long my ag plays, since famine is something not to be trifled with.
The NASDAQ is stable but sharply lower at -275 and the 10yr is plunging lower to 1.73%. This is a classic risk off trade with exception to commodities. In case you’re wondering about a diplomatic resolution:
PUTIN CONFIRMS CRIMINAL RESPONSIBILITY FOR CALLS FOR SANCTIONS AGAINST RUSSIA – TASS
— The_Real_Fly (@The_Real_Fly) March 4, 2022
PUTIN SIGNS LAW TO SEIZE ASSETS IF FOREIGNERS HARM RUSSIANS: IFX
— The_Real_Fly (@The_Real_Fly) March 4, 2022
If you enjoy the content at iBankCoin, please follow us on TwitterWHITE HOUSE: BIDEN HAS NO INTENTION OF ENGAGING IN DIRECT NEGOTIATIONS WITH PUTIN *
— The_Real_Fly (@The_Real_Fly) March 4, 2022
Not sure if our elected and unelected leaders in this country could do a worse job of mismanaging all and everything if they tried.
This is all according to plan. To build back “better” you must Step 1) destroy everything first.
Grain prices will be doubly inflated due to the energy component in ag + the supply cutoff
…and any disruption is Vlad’s fault.
Maybe their handlers are trying.
Lindsey calling for somebody to take out Putin was something I didn’t expect.
that the russian ambassador scolded the comment as contemplating terrorism is laughable in the face of what they are currently doing. the russians don’t care.
the only way to fight evil is slay evil because it doesn’t give a fuck about you or anyone.
as soon as the russians mentioned nukes everyone backed off. brilliant the first time only. if they try for Finland watch out, that’s when we go in too.
Nuke em!
Our Iron Shield will protect us from their ICBM’s.
The radiation clouds will blow the other way.
When a nuclear missile is shot down, what happens to the warhead?
I wouldn’t worry about the banning of Russian crude.
Prices will be collapsing soon when the Canadian crude starts flowing through the Keystone pipeline (more than enough to make up the difference).
Oh wait. I could be wrong.
going to the Moon cannot be mentioned without this:
https://intothemild.com/2015/01/20/the-french-connection/
signing off, cheers.
What would we be talking about if this whole industrial military complexed thingy in UKRAINE didn’t happen to all of a sudden pop off, at the same time big pharma starts to release initial data which would have immediately resulted in halt of said therapeutic, but instead doubled rev stream off it? Warmongering politicians are jealous as shit