One thing he said about oil price being manipulated by the White House I totally believe. 20 contracts for each physical barrel make the price almost impossible to to predict. And it's not just the white house manipulating the price. Totally unpredictable what the price will do.
man I know this guy runs an oil fund but shouldn't people be concerned when an individual LITERALLY cannot ever say anything but that he is bullish whether oil is at $135 or $20. He's simply untethered from reality.
One thing he said about oil price being manipulated by the White House I totally believe. 20 contracts for each physical barrel make the price almost impossible to to predict. And it's not just the white house manipulating the price. Totally unpredictable what the price will do.
Keep in mind that Russia, India, Iran, and China are trading and paying for oil outside the global system. And those volumes are not insignificant.
man I know this guy runs an oil fund but shouldn't people be concerned when an individual LITERALLY cannot ever say anything but that he is bullish whether oil is at $135 or $20. He's simply untethered from reality.
The Nutt
No