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Strategies & Market Trends : Quantum Economics.......2012 and Beyond

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To: dvdw© who wrote (1259)6/6/2023 9:26:15 AM
From: robert b furman   of 1311
 
Good morning Dvdw,

It seems to me that commodities always dip , just before demand grows.

I.E. gas demand upticking as Saudi's cut production again?

Inventories are already tight and they cut as demand grows? Pretty much the definition of manipulation (with good timing to boot).

Off shoring from China will make demand more difficult to aggregate?

Here in Wisconsin a dry spring has allowed the planting of fields with ease. BUT now we have ungerminated seeds buried in the ground. Lot's of fields with out green sprouts - may be the early stages of a diminished crop. Time will tell.

I've been watering the garden and orchard daily - farmers cant do that.

I still think crude will go higher this summer. Saudi's do have pricing power and a very clear track record of maximizing price, once they have pricing pressure. It could be that Iran and Russia are hugely cheating to avoid the sanctions - may not please the Saudi's.

Net effect, China and India enjoy the cheap price - Indonesia and Asian countries also?

Soak the Western democracies with higher energy - we started the sanctions after all.

A lot of people not happy with others out there!

Bob
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