Deranged Rhino Posted September 10, 2019 Posted September 10, 2019 Bolton out. All signs point to this: 1 1
Deranged Rhino Posted September 10, 2019 Posted September 10, 2019 Whoa. (this one doesn't make sense to me on the surface) 1
3rdnlng Posted September 10, 2019 Posted September 10, 2019 13 minutes ago, Deranged Rhino said: Whoa. (this one doesn't make sense to me on the surface) Look closer at that graph. It dropped about 2% from the day's high but not the day's start. 1
Deranged Rhino Posted September 10, 2019 Posted September 10, 2019 Any of the econ experts want to chime in on the above? Why would Bolton's dismissal/resignation lead to a sudden drop in oil like that? Considering Bolton's penchant for war (especially in the ME) wouldn't oil stay stable (or go up) if he left as the odds of war/military action drops? Or is that not the wager they're making? Just now, 3rdnlng said: Look closer at that graph. It dropped about 2% from the day's high but not the day's start. 100% I was just surprised it went down at all rather than going the other way considering Bolton's news triggered it.
3rdnlng Posted September 10, 2019 Posted September 10, 2019 5 minutes ago, Deranged Rhino said: Any of the econ experts want to chime in on the above? Why would Bolton's dismissal/resignation lead to a sudden drop in oil like that? Considering Bolton's penchant for war (especially in the ME) wouldn't oil stay stable (or go up) if he left as the odds of war/military action drops? Or is that not the wager they're making? 100% I was just surprised it went down at all rather than going the other way considering Bolton's news triggered it. You've got it wrong. When tensions rise the price of oil will rise with the idea that tensions may cause interruptions to supply. 1 1
Hedge Posted September 10, 2019 Posted September 10, 2019 2 minutes ago, Deranged Rhino said: Any of the econ experts want to chime in on the above? Why would Bolton's dismissal/resignation lead to a sudden drop in oil like that? Considering Bolton's penchant for war (especially in the ME) wouldn't oil stay stable (or go up) if he left as the odds of war/military action drops? Or is that not the wager they're making? 100% I was just surprised it went down at all rather than going the other way considering Bolton's news triggered it. My take is that Bolton's departure is a possible signal of more stability to come in the region. It's the instability of the region that leads to oil price explosion fears. The more stable, the less variable the supply (not accounting for OPEC decisions). 2
DC Tom Posted September 10, 2019 Posted September 10, 2019 15 minutes ago, Deranged Rhino said: Any of the econ experts want to chime in on the above? Why would Bolton's dismissal/resignation lead to a sudden drop in oil like that? Considering Bolton's penchant for war (especially in the ME) wouldn't oil stay stable (or go up) if he left as the odds of war/military action drops? Or is that not the wager they're making? 100% I was just surprised it went down at all rather than going the other way considering Bolton's news triggered it. War increases risk. Risk increases price. 1
DC Tom Posted September 10, 2019 Posted September 10, 2019 9 minutes ago, DC Tom said: War increases risk. Risk increases price. Plus, people might be assuming that it's more likely now that Iran will be able to sell oil on the open market. 1
Koko78 Posted September 10, 2019 Posted September 10, 2019 22 minutes ago, Deranged Rhino said: Well, that's one way to increase pressure on Abbas to come to the table and be reasonable. 1
Tiberius Posted September 11, 2019 Posted September 11, 2019 Trump Flirts With $15 Billion Bailout for Iran, Sources Say Trump says he hates the Obama-era nuclear deal with Iran. But he’s toying with a French proposal to get the Iranians to comply with it: a $15 billion line of credit to Tehran. Published 09.11.19 ERIN BANCO, lol, pallets of money anyone? ? He might pay them to get back into the Obama deal, oh boy, that's rich! Please God make this happen!
keepthefaith Posted September 11, 2019 Posted September 11, 2019 4 minutes ago, Tiberius said: Trump Flirts With $15 Billion Bailout for Iran, Sources Say Trump says he hates the Obama-era nuclear deal with Iran. But he’s toying with a French proposal to get the Iranians to comply with it: a $15 billion line of credit to Tehran. Published 09.11.19 ERIN BANCO, lol, pallets of money anyone? ? He might pay them to get back into the Obama deal, oh boy, that's rich! Please God make this happen! I'd be shocked if Trump went for that without significant revisions to the agreement such as longer/lower enrichment levels and a variety of peace related commitments.
Tiberius Posted September 11, 2019 Posted September 11, 2019 16 minutes ago, keepthefaith said: I'd be shocked if Trump went for that without significant revisions to the agreement such as longer/lower enrichment levels and a variety of peace related commitments. We know why Bolton resigned now. So this looks serious.
Deranged Rhino Posted September 13, 2019 Posted September 13, 2019 It's amazing what happens when you stop illegal gun running programs to AQ, ISIS, and fomenting violent revolutionaries (who kill Americans for sport): 1
snafu Posted September 14, 2019 Posted September 14, 2019 5 hours ago, Hedge said: Lots of stuff in this article. Those don’t look like burning American flags. Looks like the focus may be changing. 1
Hedge Posted September 14, 2019 Posted September 14, 2019 (edited) https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1VZ0C9 “Reuters reported on July 31 that Hamza had been killed, citing a U.S. official with knowledge of the matter. But Saturday's statement represents the first time the U.S. government has confirmed the operation.” Trump Confirms Osama Bin Laden’s Son Is Dead “"Hamza bin Ladin, the high-ranking al-Qa'ida member and son of Usama bin Ladin, was killed in a United States counter-terrorism operation in the Afghanistan/Pakistan region,” Trump said in a statement” Edited September 14, 2019 by Hedge 2
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