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Sunday, January 2, 2022

SUNDAY UPDATE: CRUDE OIL & CRYPTO SET TO SOAR

 

“Financial markets greet 2022 & the fate of Wile E. Coyote!”

The 2 market sectors I see soaring in 2022 are crypto & crude oil … both share a

common denominator and that’s roaring inflation created & caused by idiotic

central banks [namely the FED] continuing to print money out of thin air to prop

up “Stonks” and global elitists … this isn’t gonna stop anytime soon no matter

what they say, cuz if it does, the whole “house of cards” financial bubble will burst

and Wall Street crashes & burns … if economies generally pick up from whatever

“Flu Hoax” being run by government ‘till they’re laughed out of town, crude is

perhaps positioned like it hasn’t been for a very long time, meaning the

infrastructure isn’t there for added capacity in any meaningful way for supply

… investment in capital infrastructure in the oil world is running about $500

billion dollars per year short of where it needs to be … add to this an idiotic

Libtard puppet of socialism, one “Taliban Joe” and his merry band of misfits

hellbent on destroying the oil industry domestically for a “pie-in-the-sky”

GREEN agenda that is 150% bullshit from top to bottom, and I think it’s pretty

safe to say that the “U.S. of China” ain’t gonna be ramping up oil production

anytime soon … and that spells a potential explosion in crude price if inflation

isn’t held in check, and I see no reason why it should.


Over in crypto, BTC is a “fixed supply” coin and a store of value [SOV] … ETH is

actually performing as a deflationary coin cuz supply is being reduced from

staking and burning of coins FASTER than ETH is being created for the

marketplace … why anybody would trust anybody in any government to be

fiscally responsible and manage that nations money supply for the public good,

is such a joke cuz none of those people exist! … and who’s the worst culprit?

… Nigeria? … Venezuela? … how about the U.S.! … 50%+ OF ALL DOLLARS

EVER CREATED AND IN EXISTENCE HAVE BEEN PRINTED IN THE LAST 2

YEARS!!! … let that metric sink in … it’s genuinely laughable listening to POLS,

& government Apparatchiks bashing crypto as somehow immoral and

contributing to crime, when those in government are the worst hypocrites AND

criminals walking the face of the earth! … it’s simple really, and if you can’t

grasp this concept seek professional help … “they HATE what they can’t control

& debase, with no room for graft, bribery, & theft! … and since they can’t

control or debase it, they can’t tax it effectively either, and that pisses them off

“bigly & yuge” … and yet, they’ll be first in line asking the scumbag banks for

their “skim” from markets to be put into e-wallets via BTC, ETH, or whatever

they choose”!


As for the “Spoos”, it’s hard to say … how long can the overt buy side

manipulation continue and the bubble expanded? … answer that question and

you got your answer … however, from here, it’s gonna get harder and harder to

keep this bubble elevated and expanding and is gonna require more trillions … at

some point, though, the party is gonna end, and when it does it will be

monumental in scope and destruction of capital … could it happen in 2022?

… of course, but I give it a somewhat low probability … but, never underestimate

Joe Biden’s ability to fuck things up royally, and who knows what this demented

piece of political shit will do between naps and groping kids … seriously, he’s a

“wild card” and not in a good way for anything positive! … Libtards got to about

the end of March to figure out if he’s gonna stay or be replaced by the

“Manchurian Candidate” VP … how he goes they could care less … maybe they

give him COVID and hope … maybe they just tell him it’s “time to go to the

home” or else … in any event a transition to the VP would, IMHO, precipitate a

financial crash, and there’s other problems as well, not the least of which is the

Senate would need to confirm a new VP … deadlocked at 50-50, and no VP

available to break the tie, there’s no way she could pick another communist to

fill the slot, or pick somebody like Cankles Clinton … so while it makes for some

fun to think how the Libtards get rid of “Taliban Joe”, most likely they’re stuck

with him to the bitter end of the midterms, and the bloodbath that awaits them.


Can governments the world over continue with Nazi style police state tactics in

attempting to control people via the “Flu propaganda”? … I don’t think so, as

more and more people see right through these Assclowns and come to the

conclusion that “health” is a funny way to spell “ideological politics” … and the

election consequences for those who’ve adopted said tactics [U.S., U.K., &

Australia to name just 3] next time around are gonna be severe IMHO … but who

knows, governments who buy into the mantra of “never let a crisis go to waste”

[which is all of ‘em], and don’t want to see any relaxation of authoritarian control,

can easily create the next health crisis from any number of hundreds of labs they

use for bioweapons research, “and we have no idea how this happened”! … and I

wouldn’t put it past any of them to do just that! … I said from the beginning of the

WUHAN KUNG FU FLU, that it was the ChiCom military that released the virus

… don’t believe me? … go back and check the blogs! … and either they wanted

to take XI “out”, or they did it on his orders to take his opponents out and/or

make dissidents “conveniently” disappear … and we now know that U.S.

scientists knew of the virus BEFORE DECEMBER 2019 [thanks to Glenn Beck]

… which for my money leads to the question of whether or not the Clintons, the

DEM party, and/or ANY OF THE SO CALLED “INTELLIGENCE” AGENCIES

[the U.S. “Deep State”] in the U.S. acted in conjunction with the ChiComs in

starting the pandemic, in the hopes of getting rid of Trump in a national

emergency while he and his team concentrated on reelection? … “YUP, I’m

going there, cuz I know EVIL when I see it”!  


And when that didn’t work, one Cankles Clinton, shifted gears to the “Steele

dossier”, which we know for certain was a Clinton paid for smear … only now, is

Special Prosecutor Durham getting to the “good stuff”, as his net is closing in on

the whole evil episode … there isn’t anything these people aren’t capable of, and

you should know that given 1) the history of the Clintons going back into

Arkansas and the money grubbing, drug dealing with the Bush family in Mena,

and all of the “accidental” deaths they most likely are responsible for

… remember Vince Foster?, and 2) the same types of people in “Deep State”

government had Kennedy killed as well … so IMHO it’s not a stretch at all to

assume they were a part of the pandemic, cuz it’s all about power & money and

who’s got it and controls it … so what if a few million “Rubes” die in

the process?


So, we just have to wait and see how further pandemics [cuz there will be

MOAR!] get played out, and the ramifications on economies via governmental

policies, which I can assure you will not be friendly or positive for anybody

… except the Elites of course, cuz they can do anything they want … “rules are

for the little people” … and as we’ve already seen, with each new headline

comes adjustments in either supply or demand for oil, and the price moves

have been volatile … that most likely will continue in spades!


Directly below, the 20 Day Range MA’s for selected markets.


click on table to enlarge

Quite a drop over the last couple of weeks, as markets in everything simply

STOP, dead in their respective tracks … ETH down $120 for starters, and crude

down as well … not to be unexpected, simply cuz they had little room for upside

growth without turning the financial system to “TILT”!, and they’ve run into the

Holidays and just died.


Happy New Year everybody! …  outta here … “The future’s so bright I need

sunglasses”!!😎 … Onward & Upward!!


-vegas




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