This page has been archived and commenting is disabled.
Crude Carnages To $42 Handle - Lowest Since 'Andy Hall' August Meltup
Now down 5 of the last 6 days, WTI Crude is crumbling another 3.5% today, back to a $42 handle for the first time since the manic surge at the end of August. Furthermore, the dramatic decoupling of Oil VIX from Oil that occurred at the end of August has now converged.
And Oil Volatility and the Oil ETF have recoupled...
Charts: Bloomberg
- 139 reads
- Printer-friendly version
- Send to friend
- advertisements -




Interesting thing with oil price is that in last 12 months always hard fall düring some holiday
Where are all those Iraqi CRUDE tankers going to get parked?
I propose CUBA...lol
Cali, where the REAL commies are......
We don't need no offshore taxes. Don't give Moonbeam any ideas. :-)
Not all of us. California may be a communist shithole but it's only marginally worse than most places (which says a lot). You can still count on roughly every other person not being a collectivist dipshit fag.
I think the waters near wall street would be good. The stench of oil burning in their nostriles...
Maybe the .gov should start putting it back in the ground so the oil companies can pump it out later. Paul Krugman would approve, I'm sure.
that is actually the current mode of operation, with Cushng instead of the ground
Where do you think the Strategic Oil Reserves are stored? Underground in salt caverns.
Uhhmmm, it was a joke. I say it was a joke son...., laugh. You miss the whole point.
.
Ah our daily crude carnage
Suck my dwti kawk
1oz Silver American Eagles €12 @ EurGold
https://www.eurgold.eu/silver/silver-coins/american-eagle-1oz-silver-coi...
It's legally impossible so it's a scam.
You can't buy silver taxfree and collect it in Europe.
Good thing Tyler and I shorted buying PUTs at $48 last week. ....Come down too daddy...Muhahaha!
Don't worry, J.G. Ricktards said the equilibrium price is $60.
Rickards is a bizarre mix of austrian and new-keynesian... Meaning both intelligent and evil, respectively.
2% inflation target? only in your dreams, Janet.
It's almost impossible that every day in oil and Gold is down. No one wants to see a price increase ???? Could you imagine if S&P acted like these.
Well, when you have 100 TOZ contracts trading like paper
Goldschläger.Walk into any coin dealer, and ask him what he's willing to pay over spot.
The paper market is so saturated, that it might as well be Venezuelan toilet paper.
Gold breaks 5 year low today. Quietly. S&P 101% above its 5 year low. I must be going crazy. But I'm definitely pissed off !!
It's just a month or two short of it's 6 year low.
What? You actually believed the bugs when they unilaterally proclaimed gold is the new god ("money"). Hint, they operate on FAITH, not logic.
Coming up, the S&P will be down, and gold down even further....
How is it possible that China and all countries arebuying record amounts of physical gold and consuming more oil and the prices are still going down. Is it just that manipulated?
How could it be that anyone has a damned clue as to who, what or when any country is buying "record amounts" of physical gold?
FYI. Central bank buying and or selling of gold is one of the most top secret things on this planet. They say plenty of things and the only verification of what they are doing / did is their press release...
FYI Nobody actually knows how much physical gold actually exists on Planet Earth. No shit. It's all estimation.
FYI. Iran is sitting on >50 MILLION barrels of oil just waiting for the moent that the sanctions lift to hit the market. Every single entity in the global oil complex knows that, and there is NO way oil is going up on the back of that.
Well fucking put, especially the first part. People assume too much knowledge... Haven't read enough descartes or hayek
Are the tanks full yet? Oh wait that was gonna happen in June.