Someone told me to closely monitor the price of oil. It may be that certain information would be kept secret . Recent events in Saudi & Europe would serve to mitigate the reality of a crisis that was born recently.
It means that the world economy is slowing down considerably and not buying oil. And governments, informed richfags and Holla Forumsacks got the wiff of the crisis that is coming so they buy gold.
Easton Jackson
The price of oil logically makes no sense. We are in the biggest glut in recent memory thanks to Saudi Arabia trying to price out American and Canadian shale oil companies and Iran's sanctions being lifted.
$30 oil is here to stay until the happening.
Henry Parker
Well, i guess it's that time again, where i observe how the world goes to shit. while i'm here doing nothing.
Dylan Morris
oil prices dropped, they're rising now.
Matthew Myers
The rise makes no sense in terms of logic. There is no rise in demand for oil so where is this rise coming from besides pure market manipulation?
Nathan Ortiz
that
Owen Fisher
Good question.
Asher Martinez
Nah, try again with real evidence.
Jayden Butler
In France, protests against labour law : archive.is/7BK2Y "Talking about a shortage creates the shortage," said Finance Minister Michel Sapin. Shortage or pure market manipulation ?
Evan Ortiz
OF COURSE THE FUCKING MARKET IS BEING MANIPULATED. THAT’S THE ONLY REASON THE MARKET DIDN’T COLLAPSE ON DAY FUCKING ONE.
GIVE ME A GODDAMN TIMEFRAME FOR ANYTHING TO COLLAPSE
Noah Parker
No timeframe. Time for action.
Adam Gray
There is no time-frame. just waiting it out as usual.
Wyatt Bell
Oil prices will continue to be manipulated as long as a majority of the people continue to believe the 250 year old untested hypothesis that oil is fossil fuel. Maintaining the idea of scarcity is necessary to control the price.
Once the secret gets out that oil is abiotic, and therefore a renewable resource, the price will drop forever.
Nathaniel Williams
That's what makes it especially lulzy. Remember whenever it was discovered that oil could be made with enough pressure, and not requiring any animal or vegetable matter?
Tyler Gray
Fuck the Middle East. Give me fucking 1$ a gallon gas back, you sandniggers.
Luis Wright
this is more than an oil issue. oil will be one of the scapegoats used but this is an issue inherent to fractional reserve banking. when an economy is based on imagination, it eventually falls apart. especially when we also rely on 3rd world slave labor and then make enemies out of those same people without having people domestically willing to pick up the slack.
Adam Smith
That leads to US economic collapse
Anthony Ramirez
Get fit faggot
Landon Walker
….what the fuck are your sources? two of them contradict eachother.
cnn says 60$bbl, telegraph was 25bbl, and zerohedge is a fucking rhetorical question. fuck you op you fucking faggot.
Sebastian Richardson
...
Sebastian Hill
Just say what you mean without trying to sound clever.
Jayden Hernandez
The leftists are fucking up French oil refinement:
>French police liberated a critical fuel depot that was under blockade from union protestors this morning, in an effort to remedy fuel shortages across the country after nearly 12 percent of France’s gas stations had either run out of gas or were on the verge of running out. One police officer was injured during the police action, and the police responded by firing teargas.
I don't know how much it makes a difference internationally, but thought I'd post it anyway.
Jaxson Taylor
The Jews have created a system which is built on manipulation. Dont question how it all works. There is nothing logical about economics. Its a completely fake science.
Evan Phillips
Does it renew faster than we burn it?
Christian Baker
Yep, that's the question:
Christopher Garcia
people are realizing it now that they have to live 5 to an apartment because they cant buy shit with their inflated currency. meanwhile, all of the data is manipulated and pundits tell you how strong the economy is.
Sebastian Foster
I've got 2 grand of soon to be worthless money on me and the government won't let people buy guns. What do I buy that isn't another pair of Stax headphones?
Buying metal makes me uncomfortable. I'd rather buy something that compensates for partial loss of government services.
John Walker
Beer.
Ian Cox
Everything but wine is taxed way out of the bounds of a tradeable consumable. $2.40 each a beer.
Ayden Morris
Norway
Parker Fisher
So buy barley
Ryder Brown
think deadly, chest piercing chondrichthyes and youtube hafu e-cancer.
Ryder Long
I'd really advise you to get a gun. Rifle, handgun, even a start pistol. Just have something. I'm not advocating illegal action
Jeremiah Reed
kek wait, can't you get a gun for pig control? and your coppers don't really give a fuck if it's a bullshit excuse for a permit and give it to you anyway?
Juan Jenkins
Well, Canada oil fields were on fire.
ISIS got BTFO
Adam Morales
You've got to get a letter from a property owner to hunt. Generally its been in order except for some cases of selling property letters. My brother volunteers for a rural fire brigade so hopefully he can get things going and get himself a licence. I don't drive so that's the avenue so far. I've just got to get a gun in the house. Importing 54R spam cans is illegal, so at this point I've rounded the recommendation to my bro down to either a CZ x39 open sight bolt gun or one of the lever gun brands that isn't owned by a Jewish hedge fund. Either way I'm eager to pay for it and get it locked in before the final crisis.
Jonathan Nelson
MODS STICKY THIS THREAD
Dominic Miller
Why? There’s nothing happening.
Brody Cook
its designed to squeeze human resources and natural resource
Gavin Hernandez
Buy a crossbow or a bow. You can drop a motherfucker quickly with a composite one. Also a bayonets from a to make spears.
Yeah? Are the markets collapsing? Are countries closing down exchanges in a futile attempt at keeping the markets high? Are countries making it illegal to sell stocks?
The inventory/sales ratio has never been higher. Nothing is happening. THOUSANDS of full oil and shipping tankers sit off the Texan and Singaporean coasts with nothing to do. Nothing is happening. The Western world has something like 30% unemployment on average. Nothing is happening.
It will take physical violence to kick this shit off, but no one wants to be a martyr.
Nothing’s happening tomorrow, and there’s no force of law behind this.
Hunter Peterson
Ok Shlomo.
Xavier Murphy
SO FUCKING PROVE IT, YOU STUPID KIKE. I’ve been fine tooth combing the economic shit for nearly a year now. Nothing. You have fucking nothing to prove it will come down.
Jordan Bennett
Buy stocks in oil? Sell stocks in oil? Rain dance?
TELL ME WHAT TO DO
Hudson Jenkins
Go take your meds.
Bentley Flores
Just save up and wait patiently for everyone else to lose their shirt. Then you will be in a situation where you will have money and few others will. You will be faced with discounted prices on the things you want, unlike today, where the things you want all are selling for a premium. You will be in the happy minority.
Parker Bennett
Reported for hoax.
Cooper Reyes
...
Robert Lopez
That's some good advice… if I actually wanted anything. I kind of have everything I want.
Unless they make new things I want, which is unlikely…
Tempura fried seaweed is tasty, I could buy a crate and be rich.
Brody Campbell
OMG were all gonna die
OMG were all gonna die
OMG were all gonna die
OMG were all gonna die
you would think liberals would give it up
Luke Cook
...
Andrew Clark
?
William Wright
I didn't want to say this, because "muh happening" but the next REAL economic collapse will be this year, just before the change in regimes, during the general election. Thus has it ever been, thus will it be.
And this one will exponentially larger & more destructive than the last one. Archive this post.
Zachary Lopez
Get fucked already.
Carter Perez
Question: Why is it expected here that money will become worthless, when this bubble is likely to result in a liquidity crisis, where asset price drop?
Elijah Rivera
We’re not using money. We’re using currency. Fiat cloth isn’t money.
If we want to turn this thread into something useful, can someone explain to me if the statements made here are correct? Because it claims that the colonial scrip was SUCCESSFUL fiat currency, but the scrip hyperinflated and became utterly worthless.
I tend to believe that silver is the only money that can be used to back currency.
Camden Bailey
So is the crisis inflationary or deflationary, and why?
Carter Evans
Inflationary. See pic.
Lucas Murphy
Because the reaction of governments that are too deeply in debt to borrow money & make their bills is to start printing money directly from the Treasury, and they will be flooding their countries with money, based on their day-to-day obligations plus massive payments on their already out-of-control debt. Money first becomes dear, then they flood main street with money that can't buy anything because the industries & farms have mostly collapsed into insolvency. Money is only worth what you can get for it.
Josiah Robinson
Deflationary. The Peter Schiff/Precious metals people have been harping on about inflation for 10 years now, and none has materialized. Without massive tax relief for the consumer/government spending into the hands of the consumer, (more) deflation is what you will see.
Camden Campbell
...
Henry King
hue
Luis Lewis
Of course oil prices are about to crash. Why do you think the worldwide elites are starting to push the blame for everything onto the KSA? Protip, it's because they've outlived their usefulness.
This is good for us though, the more things start to fall apart for the KSA, and the more the elites start to push the blame on the Saudis, the higher the chance of some non-chosen member of the House of Saud getting massively butthurt and spilling the beans about EVERYTHING.
Asher Jenkins
*tax relief/spending/debt relief. Any of these would be a path to rising prices. Maintaining high taxes, low or misallocated spending, or high debt levels will continue to push towards deflation.
Juan Cook
My image proves he’s a retard.
Hudson Wright
We don't live in the Weimar republic. We don't have annual payments to make, IN GOLD, under a treaty of versailles. The comparison is false. Low bond yields, low salaries relative to prices of cars and homes, high taxes on workers/consumers as a percentage of salaries, debt loads that can only be serviced by low interest rates, misallocated spending on foreign commitments, war, and corruption, spending caps, sequesters, and debt limits - all of these are deflationary.
Asher Watson
Gold is being manipulated through the buying and selling of non-existent gold, or "paper gold." Currently, there is around 300 oz. of paper gold on the market for every 1 oz. of real gold. And all the gold in COMEX vaults has over 500 claims of ownership against every single oz. right now.
They have turned gold into fiat cash so they have no competition for their own fiat corporate scrip.
Austin Rogers
Reminder that Wiemar started making it's payments in fiat cash towards the end, which is why France wanted to go back to war with them, and even invaded & pillaged the Ruhr industrial region of Germany.
Nathaniel Scott
Oh, and by the way…Central banks are dumping America's debt at a record pace.
America's money is becoming more worthless by the day as a reserve currency, and all the U.S. debt being dumped on the market is being bought up by a "mysterious stranger" through Belgium.
That stranger is the U.S., and we are already monetizing our own debt to try and keep our money's value floating.
And the amount of debt held by Wall Street companies has never been higher, and it is currently higher than they were carrying before the last crash, and they're carrying it for the same reason…to buy back their own stock & keep their stock prices floating. This is why the market panics every time Yeltsin hints at increasing interest rates above their near-zero levels. And the banks of the world are getting sicker and sicker by the day, many cannot pass stress tests & many barely pass…they HAVE to raise interest rates soon.
Kevin Collins
eventually the market sentiment become decoupled from the price
Ethan Thomas
That's part of the question. The other part is whether or not we can effectively harness the ability to create oil via the mechanism the earth does.
If we can mass produce oil using energy we harness from nuclear or renewable sources, then we are gravy.
Tyler Nguyen
Septemberfag reporting for duty!
Is it… is it habbenin?
Angel Parker
Shoon brother THE OIL RISES
Andrew Gray
I fucking hope so. I'm not even ready for it, but I'm sick of waiting. Just let it happen already.
They're requiring more ethanol in gasoline here in the states soon, probably in anticipation of this.
Thomas Thomas
Read "Web of Debt, by Ellen Brown". It has all the answers for your questions. It's on the General Thread on /pdfs/
Levi Garcia
Literally, I'll bet we'll see the soylent green equivalent with oil before all is said and done.
Samuel Martinez
Nothing will happen.
Benjamin Wilson
Yes there have been countless economic crashes in history, but it will never ever happen again, because Janet Yellen and the Fed are very smart people and have our best interests at heart. :^)
Mason Perez
Peanuts and pocket change. This months auction for 2 year notes ALONE was $26 billion. Reminder that we also auction 4-wk, 13-wk, 26-wk, 12-mo, 3-yr, 5-yr, 7-yr, 10-yr, and 30-yr every month, as well as TIPS and selling savings bonds.
Demand for all US debt is at or near all-time highs, as evidenced by all-time high prices for us debt/all-time low yields.
Ian Walker
*correction: 4-wk, 13-week, 26-week are auctioned every WEEK and the rest monthly
Jacob Jenkins
We already can do this, it's called thermal depolymerization.
Sebastian Hernandez
You're right. And all these people are going to be caught with their pants down when the world suffers a collapse in confidence in government. The rise of right wing political groups in Europe, and the public cry for outsiders in the office of government in the US (Bernie and Trump) both signal this is well underway. Combined with the simple fact that there really is no safer place to keep money now except the USD. EM's and China blew up last year, Europe is in political and economic crisis, and the US keeps humming along.
Not to mention the USD looks like the safest place in town when Japan and Europe are at negative rates. Later, people will have to face the reality that US debt simply can not be paid back in full without devaluing the dollar.
Elijah Gonzalez
What is the ratio of energy input to energy output on that process?
Sebastian Hernandez
That's not enough to combat the overabundance of oil sitting around waiting to be refined. That's just not enough to significantly dent the supply glut.
Eli James
Rememeber that Trump already got his wrist slapped for talking about negotiating the debt. No one will touch the debt, since paying it gives the financial system credibility. And besides, it's paid with printed/newly created money anyways. There's no reason not to pay it.
Remember also that a total, catastrophic collapse is unlikely, since that scenario would not favor the people who run the system. What they are looking for is a slow, grinding, turning of the screws.
Ryder Flores
I’m going to take a wild guess and say it’s “beyond shit”, which is why we don’t use it widely.
Kayden Torres
Happeningfags are getting antsy because there hasn't been a happening in a while. They start inventing far-out theories. We need a good chimpout or something to placate them. Pic related it's what happeningfags look like during a drought.
Luis Hill
Ooh, it's another one of those threads where we post pictures of charts, shout IDS HABEDING D: and pretend like we haven't been wasting time building our secret bunkers
Bentley Collins
We know how to identify you.
Wyatt Collins
...
Dylan King
Demand's going up continuously.
There are tones of people coming of age, consuming shit and driving and shit using gas and oil. Gotta come from somewhere. Dat world population exponential growth brings with it a tailing raise in demand for oil. The world economy isn't even technically stagnant right now anyway. Growth isn't high but growth is there and with that we have a very steady rise in energy demands.
Easton Richardson
If you don't already watch the Keiser Report on RT (youtube too) you probably should.He is an ex wall st. broker exposing the kikes.Some episodes are shit, so are very good.
Hudson Foster
Yeah, sure, buddy. Transport of goods being cheaper is gonna crash the economy.
Idiot.
Jack Watson
central bank civil rights act and immigration reform act NAFTA I don't even know where to start on this one
Nicholas Moore
Transport being cheaper = transport companies with huge expenses for massive ships lose revenue and tank
The shipping industry is already hurting more than most other industries.
But that would eventually right itself if the cheaper transportation lead to increased shipping. But it isn't. The ratio of inventory to goods sold to new inventory ordered is so fucking out of wack its amazing more companies aren't folding yet.
Adrian Johnson
It varies with the feedstock, some feedstocks (like chicken offal) contain more oils than others. It typically produces enough fuel to sustain the process.
The average cost in 2005 was $80/barrel or $1.90/gallon at an overall profit of $4.00/barrel which is a bit less than Saudi Oil.
Wyatt Evans
or it means someone bought up all the gold and is inflating the value of it due to its scarcity.
Aiden Stewart
go fuck youself
Owen Davis
The US economy has basically been surviving off the oil boom
plus demand has crashed world wide, so there's no one to actually ship to
Jeremiah Reed
energy required for that process? Time for reaction to occur? can be produced at 70M barrels per day?
Jeremiah Lopez
the answer you are all looking for is commodity investment vehicle. ground mining oil/refinery transport of final separated alkanes you. each "" is covered by a house casino that takes their rate and accepts forms of paper/future/derivatives contracts for pre-buys. those papers, by virtue of existing on currency systems, are subject to currency games, such as hedge funds, retiree investment funds, and general kikery cornering. just as the up and down of gas prices since 2000 was by commodity speculators, so too is the rise today. just old people, their money managers, and kikes chasing for a place to store their currency. 'free' market at it's finest, with all the distortions of infinite currency printing lies.
real demand has been falling for a decade or more. real consumption is significantly outstripped by production. that, and is right: a massive supply exists already mined, and iran has been flooding the market hard. for prices to rise in this environment requires massive currency buy-ins, the likes of which exceed soros's $34b.
oil is 'sold' to you via the future commodities exchanges and their derivatives. you do not buy from the sources, you buy from the middle-man-networks inside your respective countries. they want the price to rise, and they make it so.
let's say russia/syria dump massive amounts of gas onto the world. do you have a pipeline from them to your home? or rather, do you have a single pipeline serving an entire community in some distant nation away? what if everyone draws gas on that line? -> prices rise. what if the owner of that line gets itchy fingers? -> prices rise. what if the immediate future-promise-to-buy for shipments to that line get flooded by ira/401k/soros/chinamen/etc? -> prices rise.
you're a surf. you have no seat at the table. prices, for you, will rise and fall independent of supply and demand.
Dominic Wright
...
Jacob Garcia
My mistake, I meant to type "Norway?" to guess what country another user lived in.
Connor Lee
pick one
and while you are at it you should encourage people to buy gold and silver as real hedges against collapsing fiat currencies.
and against the lawlessness of a collapsing government i wonder what would suggest? collecting phone numbers of more police departments? because more a of devalued (probably worthless) asset class its better, right?
Probably true unless they are going to get in bunkers wipe us out with nuke or bio weapons. But sometimes planners get it wrong and they get angry mobs revolt and lynch them.
Yes this is why reserve banks have meetings, it is to determine how much they can squeeze us without completely breaking the economy or causing a revolt. What is planned by the central banks is return to tyrant kings ruling of people who have no rights and must either work, be whipped or die.
Christian Rogers
that growth is not enough to make up for the massive shift in demographics in the west as well as the huge gamble the elites took in shipping production overseas, markets are shifting, things are in transition, growth is not occuring in the west at the rate it should. the student debt issue is preventing young people from buying and entering adulthood. I am 25 and I drive a car I bought under the table and I mostly walk everywhere since I can't make enough money to pay for repairs from commuting. housing prices are inflated, everything is inflated. fucking lurk moar
Christian Young
USD is the safest place to park money FOR NOW and it will continue to be as Europe collapses and China gets back on it's feet. I'm bearish on gold for the rest of 2016, the dollar is going to surge as demand for the dollar continues it's rise.
Give it 2-3 years for people to realize the situation the US is in with their debt. Until main street America is able to digest the situation and their confidence in government remains, the USD will remain the best place to park cash. Once the confidence in US government crumbles like it is beginning to in Japan and in Europe it's game over. When the citizens realize government doesn't actually have the power to control the economy, gg no re and welcome to the rise of Asia.
Jayden Bennett
I should also add that as confidence in government collapses, gold will surge. But we simply aren't there yet and won't be for several months at the earliest.
Daniel White
The financial markets are always heading for a financial crash and yet they're never heading for a financial crash (contradiction intended). Certain groups have enough power to crash them and to stop them crashing depending on their interests at the time.
There will be a financial crash soon, but no one without high up connections will be able to say when, it'll happen when they want it to happen.
I mean I bought most of mine at 13.80 spot and now at 17 spot some day, that is like 20% appreciation in 4 months LEL
I bet it will be hard to sell my generic silver at spot price.
Camden Phillips
Are you retarded?
Connor Lewis
No, generic silver goes for spot, or slightly over spot, unless its that hand forged garbage, which you should get rid of right now. That will have to be refined before anyone would be interested in it. Bars, rounds, and coins ONLY.
Liam Myers
gold is actually artifically low, thanks to the paper market which is all bullshit.
an ounce of physical is probably 10k normally
Elijah Sullivan
You can save this one the is how oil is going to play out this summer. I think oil is somewhat overbought right now and it will start to correct to mid 30 dollars until the end of summer, no more than that, before starting a climb in price until end of the year.
If Trump gets elected and keeps to the energy plan he has presented. Watch the oil collapse just before he takes over. Watch like Saudi Arabia, Kuwait and other oil dependent countries collapse then. Prices going as low as 15$.
Until then this summer will be very hot in problems for these oil dependent countries as budgets will be revised on the low side (since money will start pouring in lower quantities, you will see some under the table coup attempts and a lot of infighting. A preview of what will happen if Trump does win and delivers on his energy plan.
Keep these graphs and watch closely.
Source: Me a 8 year pro.
Alexander Ramirez
What makes no sense is how oil got back up to 50.
Besides simple manipulation of prices, there is no reason why it should be this high.