ps://www.zerohedge.com/energy/sanctions-risk-energ
Post# of 123706
4 hours ago
Buy USO July calls about the last hour of the trading day. Then sell within the first hour of the next trading day. Wash rinse and repeat.
Intel Slava Z
Intel Slava Z
�� Belgorod special purpose nuclear submarine (first Poseidon multi-purpose nuclear-powered UUV carrier, among...
I guess this means we buy another $100 billion in arms for the next phase of the grift (and the ritual slaughter of young whites....including the females they will now put on the line....#WINNING.)
Intel Slava Z
Intel Slava Z
�� A new coat of arms of the Kharkov region was announced with elements of the coat of arms of the Kharkov pro...
8 hours ago
(Edited)
Back in the early 70's Nixon closed the gold window. This was the beginning of the "petrodollar" era, when the new backing for the U.S. dollar was effectively oil, since the vast majority of oil trades are settled on the NYMEX and IPE in dollars, thereby ensuring there would always be demand for dollars, since they were needed to buy oil.
Since then, we saw Iraq and Libya both go against this, openly stating their willingness to accept gold instead of dollars for their oil. We all know what happened to those regimes.
Now Russia is undermining the petrodollar by demanding rubles or gold for their oil. A nation with nuclear weapons and a large military, producing roughly one tenth of all of the oil and gas in the world, has decided they no longer want to play along with the petrodollar game. Only problem is that Russia won't be kicked over quite as easily as Iraq and Libya were.
I can't help but imagine the activity in places like the State Department, the NSA, and the CIA right about now, let alone in their counterparts in Russia. I bet they're all buzzing around like a wasp's nest that got kicked over. Does anyone else get the feeling we're dancing on the edge of world war three here?
7 hours ago
Dancing on the edge? We're dangling inside the cauldron and our fingers are burning hanging onto the rim. Not much time to climb out before we drop into the boiling morass after which nothing will ever be the same again... assuming you survive.
2 hours ago
(Edited)
And it's not just Russia, China and India + the Arab world - it's like whole countries got tired of the Petrodollar scheme and want out, Russia is counting on it, and many Americans and Europeans should consider the end western corporate colonialism that brought "cheap" resources from third and second world corruption pits to the first world. - that's kinda the narrative I see developing towards WWIII
Premium
8 hours ago
Neocons continue to play with fire, a nuclear fire power.
4 hours ago
Don't forget the Neolibs. Just as stupid.
7 hours ago
Make it make sense. We start a war with Russia via Ukraine starting in at least 2014, probably earlier. if Europe was inaware, they jaf to at least notice the civil war betw east/west Ukraine and, stupidly or willfully blind to what is happening, increase their energy dependency on Russia and forgo developing their own energy via nuclear and fracking. Then along comes Biden, who spits in all their faces, and expands the war, basically taking a wrecking bar to their economies. Europe doubles down by refusing to change energy policy as does the US, purportedly because global freaking warming is too important, and together they hand Putin a baseball bat which he proceeds to use to make them look like complete idiots and definitively undermine any likelihood of the west prevailing. Then the US and Europe take aim at more toes by pissing off all their farmers, and then further insulting them by calling them dupes of some sinister Canadian anti-globalists. I mean, it's absolutely too comical.
If I'm Putin, wth am I missing? This is the work of neocons and global super brains in WEF? Lol!
6 hours ago
One explanation could be that German Chancellor Merkel was the leader in the policy of "change through trade" through which Germany thought it could change Putin's authoritarianism as they saw it by engaging economically with Russia.
Seeing that policy as counter to US interests, the US killed Nordstream 2 then quickly escalated violence in Ukraine to intentionally draw Putin into war and thereby show Germany that Russia was unreliable as a trading partner and neighbor and could not be trusted. This forced Germany to break its "change through trade" policy.
In essence, a strong German-Russian trade alliance was viewed by the US as threatening its position in Europe and against the workd's strongest nuclear power, so the US triggered Ukraine to change German policy and put Russia and Germany at odds. As of now, "change through trade" is finished in Germany. Mission accomplished for the US.
6 hours ago
Excellent reply and much appreciated.
But, to just push back on that a bit, wouldnt it have been a lot less risky (from a nuclear pov) to have shoved back harder on GE/others with sanctions and potentially with info ops? Perhaps just impede selling Mercedes, BMWs and Audis in the US versus killing Ukrainians, risking a tactical nuke in Europe, and triggering starvation of Middle Easterners? And the $$$ price tag for this approach? And now that mission is apparently accomplished and the global warming agenda is smeared with coal dust, why are we not negotiating an end to it versus looking like what we really want is www III.
Again, appreciate the education. Ive been pretty corrosive toward this project. Dont know why our media cant just be honest. Works a lot better than propaganda on me.
7 hours ago
This price cap concept is the craziest thing I've ever heard. I've no idea how that is even supposed to work in the real world. These ivory tower academics are going to get us killed.
7 hours ago
I assume western global liberal totalitarians knew this fossil fuel energy crisis would happen. All part of their evil plans.
7 hours ago
(Edited)
Putin doesn’t smile or laugh much, but he must be laughing pretty hard on the inside about now.
7 hours ago
The way the energy price cap works is as follows:
the Europeans will pound sand hoping the Russians lower prices.