Food and Ammo

Blueone said:
Insurrection
Insurrection

too funny you guys
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Try the veal.
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Blueone said:
You know ever since my last software update on my iPhone ….. spell checker and I are complete opposites….. it’s like it’s trying to make me look stupid…. I was texting to a friend earlier and typed fuck …. And spell checker made it duck… he said I sounded gay :(
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Ha, I missed that and read it as intended. There's a puzzle like that.
 
RBB said:
I will beg to differ with your thoughts on markets. Perception is everything, thats why the physical guys like my self was almost always in front of the traders. In fact I did ok in the coal biz before it was traded on the OTC mrkt. Once the traders came in my salary doubled and we made a ton of money.
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Correct. Futures are speculative. As much as I liked Trump I wished he had stayed off Twitter. I lost alot of money on ill-timed tweets from him. And I can assure you when Jerome Powell speaks markets move one way or the other and it is instant. I believe he is speaking this Wednesday. Granted often times these moves are micro in the grand scheme but when they are big policies (shutting down the pipeline) they are lasting moves that are big and instant.
 
Creekwood said:
Man I hate sounding like I am defending Biden. I agree the US has influence over things on the global stage. But in the free capitalism that is global commodity markets, he can not directly or in the short term change prices. The Middle East is profiting immensely from high oil prices. So are US domestic oil companies (and Canadian too). Biden did not “shut down pipelines”. What he did was kill development of some pipelines. That has zero impact on short term pricing. The main one he killed was Keystone XL. Which is a pipeline that was to take Canada’s oil sands output to the US. Which would benefit Canada as much or more that the US. So I thought that was a stupid move on his part. But that project was dead before DJT resurrected it. And oil prices did not plummet when DJT resurrected it. It simply does not impact short term oil prices. I know you follow markets and are a smart guy. And you said you follow mathematical market analysis, not necessarily long term economic fundamentals, but this time, you are not correct in directly linking Biden to gasoline price spikes this past year.
The only thing he can do now to drop oil prices in the US, is to legislate US oil companies to drop their prices. That will never happen in the most capitalist country in the world. The republicans would never allow it. The big oil lobby would spend huge amounts of that treasure chest they are building to fund whatever political candidate that would kill it.

The play on linking oil prices to Biden is a political play only. So play it that way. Politicians lips moving means they are lying. Same for the big money backing them.

For reasons completely unrelated to oil pricing, I hope that the GOP can find a leader, future POTUS, that reflects the views of the right and the middle left and can get elected and stabilize the country. So do what you can to make that happen.
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Ahhh, Canadian simplicity. The Keystone pipeline being completed was already baked into prices, so when Joebama canceled it there was an immediate upward pressure on prices.

Legislate prices? Tried that in the 70s and it didn't go well. Maybe put the crack pipe down and take a step back. We have cut our supply of oil and gas by at least 1/3. That causes upward pressure on prices. Oil companies are adverse to spend billions to reopen wells or develop new ones to increase supply due to the admin's outright war on oil. They look at Keystone and the canceling of leases as a cautionary tale. Nothing is out of bounds for Joebama to use to destroy the oil industry and force green energy, which isn't even close to being ready to be our main source. Remember, there is psychology involved in futures trading and all the traders see is negatives. That's how Joebama manipulated the global market for the worse and Trump manipulated it for the better.
 
highslice said:
Ahhh, Canadian simplicity. The Keystone pipeline being completed was already baked into prices, so when Joebama canceled it there was an immediate upward pressure on prices.

Legislate prices? Tried that in the 70s and it didn't go well. Maybe put the crack pipe down and take a step back. We have cut our supply of oil and gas by at least 1/3. That causes upward pressure on prices. Oil companies are adverse to spend billions to reopen wells or develop new ones to increase supply due to the admin's outright war on oil. They look at Keystone and the canceling of leases as a cautionary tale. Nothing is out of bounds for Joebama to use to destroy the oil industry and force green energy, which isn't even close to being ready to be our main source. Remember, there is psychology involved in futures trading and all the traders see is negatives. That's how Joebama manipulated the global market for the worse and Trump manipulated it for the better.
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Did you even read what I said? I specifically said that legislated prices won't work. Its anti-capitalism and its stupid. What I said was it is the only way to reduce prices in the short term. But it will never (and should never) happen. I hope that is more clear.

And cut with the insults. I don't understand how grown men can debate things that we are all (yes me too) barely qualified to debate and get so quickly into insults.

I stand by what I said. The global current spike in oil prices has very little to do with what Biden specifically did or did not do. It is a global issue and oil prices are set on a global basis.

So believe what you want to believe. By the way, I completely agree that the far left globally wants to kill oil. Not just in the US, but in Canada and most of Europe. And I also don't like it, and think it is too much too fast.
 
MonacoMike said:
I Love veal. Foie gras is excellent as well…
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Ditto on both. The PETA vegans will have you believe that its all cruelty and animals should be free to live a life in the wild. I always remind my vegetarian sister (anti-hunting) that a deer that goes down from a bullet dies a much much more humane death that the one that is taken down by coyotes and killed by being eaten alive.
 
Creekwood said:
Ditto on both. The PETA vegans will have you believe that its all cruelty and animals should be free to live a life in the wild. I always remind my vegetarian sister (anti-hunting) that a deer that goes down from a bullet dies a much much more humane death that the one that is taken down by coyotes and killed by being eaten alive.
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A few years ago there was an event in town. A fellow had a large work horse and wagon with benches in it. He'd get a load of people and tow them around in the area of the event, folks would get on/off as they went.

The horse was socializing, getting some exercise, getting lots of attention, petting and praise, munchie treats...the horse was loving it all and having a good time you could tell. But some PETA folks thought he was being abused:rolleyes:...the majority of PETA people don't know shit about animals.
 
Creekwood said:
I stand by what I said. The global current spike in oil prices has very little to do with what Biden specifically did or did not do. It is a global issue and oil prices are set on a global basis.
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So if a significant supplier of the global supply, the USA, cuts it's output and cuts it's future growth in output, that doesn't have an effect? How so?
 
Creekwood said:
Ditto on both. The PETA vegans will have you believe that its all cruelty and animals should be free to live a life in the wild. I always remind my vegetarian sister (anti-hunting) that a deer that goes down from a bullet dies a much much more humane death that the one that is taken down by coyotes and killed by being eaten alive.
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Or taken down by the mini-van going 55 mph with the headlights on and the horn blowin…

Thanks to Ron White right there…
 
Creekwood said:
Did you even read what I said? I specifically said that legislated prices won't work. Its anti-capitalism and its stupid. What I said was it is the only way to reduce prices in the short term. But it will never (and should never) happen. I hope that is more clear.

And cut with the insults. I don't understand how grown men can debate things that we are all (yes me too) barely qualified to debate and get so quickly into insults.

I stand by what I said. The global current spike in oil prices has very little to do with what Biden specifically did or did not do. It is a global issue and oil prices are set on a global basis.

So believe what you want to believe. By the way, I completely agree that the far left globally wants to kill oil. Not just in the US, but in Canada and most of Europe. And I also don't like it, and think it is too much too fast.
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I read what you said. You never said legislating oil prices would be stupid, you said republicans and big oil would never allow it. Read a lot like you were advocating for it. Oh, and if I insult you, you will know it.

For Blueone's sake, I will keep this short. Most of the replies pointing out the flaws in your thinking/reasoning are correct and agree with my points. I will not reiterate them. But if you were right, then my minor in economics would have been a waste of time. It wasn't. Believe what you want, I have educated myself on the current situation and understand the cause and effect very well. I also understand market psychology. And "everything" is not available to Biden to fix the supply issue he caused. He has wreaked all of this havoc through executive fiat, no legislation was needed to create this disaster. He has also caved to the left fringe of his party (AOC, Bernie, Ilhan, Rasheeb, etc) and any move to increase oil production would result in his public evisceration. They would surely expose what we all know, he is mentally incompetent. Have a nice day Creek.
 
highslice said:
I read what you said. You never said legislating oil prices would be stupid, you said republicans and big oil would never allow it. Read a lot like you were advocating for it. Oh, and if I insult you, you will know it.

For Blueone's sake, I will keep this short. Most of the replies pointing out the flaws in your thinking/reasoning are correct and agree with my points. I will not reiterate them. But if you were right, then my minor in economics would have been a waste of time. It wasn't. Believe what you want, I have educated myself on the current situation and understand the cause and effect very well. I also understand market psychology. And "everything" is not available to Biden to fix the supply issue he caused. He has wreaked all of this havoc through executive fiat, no legislation was needed to create this disaster. He has also caved to the left fringe of his party (AOC, Bernie, Ilhan, Rasheeb, etc) and any move to increase oil production would result in his public evisceration. They would surely expose what we all know, he is mentally incompetent. Have a nice day Creek.
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Well said!
 
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