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    Crude Oil Down Again. Break $100 Soon

    Then load up CL and pray for $150 or even $300 crude price. Russian oil will find home. Most countries will be happy to pay $20-$30 less for oil. Only those rich "democratic" countries want to pay $120+ oil. They get the money to pay. Then Biden can hand out "gas money" to Americans. A...
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    Which way? Energy

    Look at the physical commodity market, half of the world is with US camp. And the other half world just does not care or they can't care about the war stuff. If there is a $25 discount on crude oil, most of the countries will buy Russian oil or almost any oil. Many countries just can't afford...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Those islands are not occupied by anyone. That dispute started because after WW II, US military wanted to control Taiwan and all the surrounding islands. But with the 1945 Yalta Agreement between FD Roosevelt and General Chiang, US was obligated to return Taiwan to China. So US State...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Because US allows them to have it. And Israel will never pose a threat to US. But if you give nukes to Ukraine, you never know when, how and where you'll use them. They can never be trusted.
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Then why not US help Ukraine develop nukes??? World powers do not wan to see more nukes. In the future, only US, Russia and China can decide the fate of the earth and the human being kind. It is the sad fact. Humans developed the weapons to kill themselves.
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    No need for that. China can just send some missiles weekly and do an economic embargo on Taiwan. Then all investors will flee. It will just exhaust any country(ies) who comes to the rescue. Then US can't continue to foot the bills for years. It is going to similar to Cuba situation. That...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Saudis, UAE, South Korea and Japan can all get a new master if US is not supporting them. So US is happily paying the price for it. You look at US spending budget. US military spending is about $750BB, 3.7% of GDP. China is about $250BB and 1.7% of GDP. Russia only $61BB and 4.3% GDP...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Ukraine gets nothing to lose. So they want to drag as many nations into this as possible. Canada won't do anything. And Biden said clearly that he won't do it. Even though he is old. He is still clear that he does not want to start a WW III. Also, ask yourself. What is the end of the...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    TheDawn Complete horse shit.
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Some of the rumors are just absurd. How can Russians operate new China made drones, missiles and armors in such a short time period. I do not think they have compatible military systems. China only purchased aircraft and designed their own, based on Russian design. Not sure if Russia wants...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    It is not a deal between Russia and China. Bot of them do not want US to be the super power and dominate the world. It is a global competition to grow stronger. It is a huge burden for US to be the global police. This is the reason Biden decided to cut loss in Afghanistan. That was a huge...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    Biden says, Saudi prince is a pariah, Putin is a pariah. He is going to add China's Xi to the list soon. Of course, North Korea's Kim, Syria's Assad and a lot more. But why Sullivan tried to get Saudi prince and UAE to speak with Biden? And both of them refused. Also, US has warships...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    This says one of the richest countries has confidence in Chinese Yuan. Saudi sees the bi-polar systems with both US and China as the global 1-2. Both Russia and Europe will be severely weakened. Also Xi is going to visit Saudi as his first overseas trip after covid. This is more than two...
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    Saudi Considers Accepting Yuan Instead of $ for Chinese Oil Sales

    https://www.wsj.com/articles/saudi-arabia-considers-accepting-yuan-instead-of-dollars-for-chinese-oil-sales-11647351541 That is pretty big. Other Mid East oil countries may follow. And then South America like Brazil and Argentina. China buys a lot of grains and beef there.
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    Crude Oil Down Again. Break $100 Soon

    You guys should share some of your trading gains with me if taking my advice. :D I guess not the people who I put on "ignore" list. That list keeps growing.
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    Crude Oil Down Again. Break $100 Soon

    All people, politicians, army generals, investors, will have to face the reality. The world just can't push Russia, the 2nd largest nuclear power, to the corner for 20 years or longer. Clearly both Ukraine and Russia want to come to some compromise. Russia wants to hold onto its gains and...
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    Crude Oil Down Again. Break $100 Soon

    Russia can certainly plays the hands in Syria and Iran. Even North Korea if it wants to. If Hell gets loose, all is loose. The West just can't put out the fires if all get ignited all at the same time. Angela Markel was smart to foresee things like this. When both Trump and Markel were...
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    Crude Oil Down Again. Break $100 Soon

    Down $7 again. Russian oil will find some crack into the market eventually. A lot countries will be happy to buy the oil on the cheap. Sanctions rarely work on hot commodities. People need food and energy as essentials. They do not want to go hungry or freeze to death over winter. Wealthy...
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    Stock mkt sure isn’t scared of a Nuke war . Down 12% is a small pullback

    People must remember that a cornered bear is far more dangerous than a bear in navy blue suit and a tie. Do not get the wishful thinking that Putin will surrender. Or Putin will be taken out by CIA etc. Ukraine knows so well that the West will continue to prop it up. It wants to exhaust...
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    Stock mkt sure isn’t scared of a Nuke war . Down 12% is a small pullback

    https://www.theatlantic.com/international/archive/2022/03/west-save-putin-russia-ukraine/627051/ A great statement does not make a rash decision like the hot headed, or headless Boris Johnson. He often says things that he can't back up. The same with Scott Morrison. They are the mirrored...
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