SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (154155)3/10/2020 5:39:44 PM
From: ggersh  Read Replies (1) | Respond to of 218540
 
unintended consequence of sanctions maybe?

This was an own goal, tRumps signature move



To: TobagoJack who wrote (154155)3/10/2020 9:51:50 PM
From: sense  Respond to of 218540
 
Worth noting that the driver of the market... is the stubborn American insistence on the application of "free market principle"... when there isn't a free market.

Trump could end the BS by imposing a tariff on foreign oil... even while setting the tariff at a low enough price that doesn't really matter in the market...

All it would have to accomplish... is to declare that we're tired of the BS manipulations... and will set a tariff below the market price... so it has no real impact unless prices are jacked below the costs of production... which would obviate and prevent the manipulations.

Do that, and POOF... we get stable oil prices... and the driver of war in the Middle East evaporates... because we refuse to subsidize the drivers of price manipulation, and thus the war over control of distribution.

Other impacts... flow from not enabling the ability to impose punishments using "out of the money" price manipulations... So, you have to give up on putting Russia out of the oil business by holding prices below their cost of production... which has been a focus of Saudi efforts, too... as the wars in Iraq and Syria have played out...

The U.S. and Saudi Arabia have cooperated in that, too...

Or, you could accomplish the same things by non-market means...

Just tell Russia you're going to nuke them if they don't quit disrupting others right to build pipelines free from Russian interference...

But, of course, that's not how the game played... until it gets serious.

I'd rather make the game irrelevant... using REAL market principles...