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
23,417 Blog Posts

NATURAL GAS SPIKES AS RUSSIAN-UKRAINIAN WAR WORSENS

AP is reporting Russian forces are now storming the steel plant in Mariupol. Last night there were reports to suggest Poland was readying to invade Western Ukraine in order to create a buffer between them and Russia. Oliver Stone, who interviewed Putin and did a full documentary on Ukraine post 2014 coup, thinks the US might create a false flag event to enter into hostilities with Russia.

Natural gas is higher by almost 7% now — because let’s face it — Russia is going to turn off the gas and the US is going to be the main supplier of LNG to Europe, which will deplete our reserves and create an environment where Americans no longer enjoys abundance of natural gas.

Famed hedge fund manager Paul Tudor Jones says he can’t think of a worse environment for stocks and bonds now.

And of course Germany and everyone else in the west is sending more weapons than ever into Ukraine, to kill Russians, because we are no longer scared of the bomb and in fact embrace it.

Yet futures are higher — because nothing goes straight down or up and even during the worst of time there are people willing to take a stab at a potential bottom.

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