Agree with u here.. There is definitely an abundance of everything here - the scarcity narrative has been playing for far too long. However, as long as people still dance to the rythm of corrupt, unethical politicians & vrifters that we call businessmne looking to control people via their bullshit systems, narratives and propaganda there will always be scarcity and insecurity.
So if this continues, i agree with Kerry as they are using this bullshit narrative to transitiin everyone to the electrical and digatal i dustry as they did with coal to tbe industrial revolution etc etc… they co trol all industries and timelines… so yes if people stay asleep they will succeed and i can see where Kerrh is going…. They will cause demand for oil to decreease thus leading to a collapse in price but a rebirth of a new economy and future… not for nothing all the big wigs are buying all the car part companies and burning scrap yards like there is no tomorrow… everyone is being conditioned and transitioned into their new system unless we wake the fuck up.
I would agree that this thesis holds long-term, but is that two years, four years, six years away? In first world countries, GDP and quality of life correlate very tightly with oil right now . The transition to any version of an oil resilient baseline will be turbulent and painful. Predicting successful trading patterns in energy for the short to intermediate term will be most challenging.
"The problem is that supply typically arrives just as demand growth begins slowing. That’s how commodity cycles work. The shortage creates the surplus. The boom creates the bust."
This assumes that there's viable substitutes for the commodity in question. With particular regard for oil, you then also have to consider that crude isn't just converted into transportation fuel; it's petrochemicals, fertiliser, plastics and a whole host of other derivatives on which modern "civilisation" is completely dependent.
Then there's the scale of the infrastructure associated with the refining of oil, and how difficult these things are to run; you don't just switch on a refinery again overnight once it's been shut down.
Furthermore, even assuming the conflict ends in a foreseeable future - which is highly improbable, I might add - the damage done to all said infrastructure in the various Gulf states will take a considerable length of time to re-establish, meaning lost production capacity will linger long after the re-opening of the Strait.
Longer-term, there might well be a drop in demand for oil as alternative energy sources become more attractive in economic terms, but certainly in the nearer-term, the drop in supply is much more acute than any potential drop in demand. Paper oil prices will be manipulated regardless, of course (as they are being with silver, which is showing more signs of crashing back to $20 than booming higher, despite what the author has asserted on this Substack many times now), and will just continue to show dislocations between physical reality and the financial hocus pocus world.
There's little to be taken from the assertions in this article, I'm afraid to say.
Coal use still increasing on a world wide scale.
Not too sure about that. There is an unlimited amount of oil available in the earth. We have been told a pack of lies. It remains to be seen.
Agree with u here.. There is definitely an abundance of everything here - the scarcity narrative has been playing for far too long. However, as long as people still dance to the rythm of corrupt, unethical politicians & vrifters that we call businessmne looking to control people via their bullshit systems, narratives and propaganda there will always be scarcity and insecurity.
So if this continues, i agree with Kerry as they are using this bullshit narrative to transitiin everyone to the electrical and digatal i dustry as they did with coal to tbe industrial revolution etc etc… they co trol all industries and timelines… so yes if people stay asleep they will succeed and i can see where Kerrh is going…. They will cause demand for oil to decreease thus leading to a collapse in price but a rebirth of a new economy and future… not for nothing all the big wigs are buying all the car part companies and burning scrap yards like there is no tomorrow… everyone is being conditioned and transitioned into their new system unless we wake the fuck up.
Blessings
Blessings to you too JJ totally agree
🙏🏼
We are talking markets here and the way they function.
We are talking markets here and the way they function.
Is this based on feedback from Martin Armstrong?
I would agree that this thesis holds long-term, but is that two years, four years, six years away? In first world countries, GDP and quality of life correlate very tightly with oil right now . The transition to any version of an oil resilient baseline will be turbulent and painful. Predicting successful trading patterns in energy for the short to intermediate term will be most challenging.
"The problem is that supply typically arrives just as demand growth begins slowing. That’s how commodity cycles work. The shortage creates the surplus. The boom creates the bust."
This assumes that there's viable substitutes for the commodity in question. With particular regard for oil, you then also have to consider that crude isn't just converted into transportation fuel; it's petrochemicals, fertiliser, plastics and a whole host of other derivatives on which modern "civilisation" is completely dependent.
Then there's the scale of the infrastructure associated with the refining of oil, and how difficult these things are to run; you don't just switch on a refinery again overnight once it's been shut down.
Furthermore, even assuming the conflict ends in a foreseeable future - which is highly improbable, I might add - the damage done to all said infrastructure in the various Gulf states will take a considerable length of time to re-establish, meaning lost production capacity will linger long after the re-opening of the Strait.
Longer-term, there might well be a drop in demand for oil as alternative energy sources become more attractive in economic terms, but certainly in the nearer-term, the drop in supply is much more acute than any potential drop in demand. Paper oil prices will be manipulated regardless, of course (as they are being with silver, which is showing more signs of crashing back to $20 than booming higher, despite what the author has asserted on this Substack many times now), and will just continue to show dislocations between physical reality and the financial hocus pocus world.
There's little to be taken from the assertions in this article, I'm afraid to say.