The 10Y expected real yield as a XAU killer, SPY trouble and DXY friend had worked for decades. All is up this year. Even during the pre-GFC discorrelation at least the dollar had weakened. What will blink first now?
Wait... "rebuild THE Ukraine [sic]"??? Bring it in real close Larry... that's not happening any time soon and certainly not with "help" of the West. Unwittingly, you even provided the reason why the rebuild will not happen...
yeah, but what about electricity AI is supposed to save though ? If it provides a solution in 30 secs, where a man would have worked for 4 hours in excel, I cant see it as anything else but saving
What is he talking about? All the gold buying is in the East. The US market doesn't care about gold. GLD had outflows all year! Attacks on refineries increase the oil price? How is that? Isn't oil an input to refineries? Fewer refineries the less oil you need. Another clueless expert.
@@johndoe1.196 Reduced demand for gasoline. The consumer doesn't need oil. Refiners do. Reducing refineries has the same effect on the oil price, regardless of the reason.
![กิโลเมตรที่ 0 เดินทางรอบโลกไม่ใช้เครื่องบิน [Around The World Ep. 1]](http://i.ytimg.com/vi/toJG9oofLFY/mqdefault.jpg)
Good stuff, Nick...10/10. Thanks Pat & Erik. Great to hear Larry again - always a great interview
I hope you get well Eric, all the best.
Great stuff, thanks again!
Thanks guys
I prefer this voice, Eric
Respect where due, Erik has an amazing voice. Get better. Only gonna get more interesting
I would like to echo Mr. McDonald's sentiment: REALLY well done, Erik; You are a Seeker of Truth.
Ye but only HIS truth.
The 10Y expected real yield as a XAU killer, SPY trouble and DXY friend had worked for decades. All is up this year. Even during the pre-GFC discorrelation at least the dollar had weakened. What will blink first now?
Holy that sounds bad Erik. Speedy recovery
Dude, stop mentioning The Terminator.
Wait... "rebuild THE Ukraine [sic]"??? Bring it in real close Larry... that's not happening any time soon and certainly not with "help" of the West. Unwittingly, you even provided the reason why the rebuild will not happen...
yeah, but what about electricity AI is supposed to save though ? If it provides a solution in 30 secs, where a man would have worked for 4 hours in excel, I cant see it as anything else but saving
What is he talking about? All the gold buying is in the East. The US market doesn't care about gold. GLD had outflows all year! Attacks on refineries increase the oil price? How is that? Isn't oil an input to refineries? Fewer refineries the less oil you need. Another clueless expert.
If the raw crude doesn't get refined, it doesn't go to market and reduces the supply, which increases the price.
I agree with you on gold.
@@johndoe1.196 If the raw crude doesn't get refined it's sitting in storage and puts huge downward pressure on price. See covid.
@@martintheguitarist The lockdowns also reduced the demand significantly. The oil price briefly went negative, as I recall.
@@johndoe1.196 Reduced demand for gasoline. The consumer doesn't need oil. Refiners do. Reducing refineries has the same effect on the oil price, regardless of the reason.
Why on earth did you do this interview talking like a dying robot....
Eric on Beastmode. Respect! Get Well !
Erik, you sound terrible, wish you quick recovery. All I can recommend is Ivermectin, Ivermectin, Ivermectin