1 00:00:00,360 --> 00:00:04,040 Speaker 1: Yeah, we'll oil get to two hundred iran. That's they 2 00:00:04,160 --> 00:00:07,440 Speaker 1: saying that they're going to put a pressure on the 3 00:00:07,480 --> 00:00:13,760 Speaker 1: oil market and they're stopping shipping, but they're also bombing allectionedly, 4 00:00:13,800 --> 00:00:15,720 Speaker 1: who knows who's bombing who at this point, Like I said, 5 00:00:15,960 --> 00:00:20,560 Speaker 1: it's the spider man. Me will oil get to two 6 00:00:20,640 --> 00:00:21,640 Speaker 1: hundred dollars a barrow? 7 00:00:22,760 --> 00:00:23,040 Speaker 2: All right? 8 00:00:23,160 --> 00:00:25,120 Speaker 3: I get the concern. 9 00:00:26,560 --> 00:00:29,360 Speaker 4: If you look at so the all time high for 10 00:00:29,960 --> 00:00:34,160 Speaker 4: to stock USO was nine fifty three thirty six. 11 00:00:34,400 --> 00:00:37,080 Speaker 3: That was in twenty two thousand and nine. 12 00:00:38,720 --> 00:00:41,120 Speaker 4: If you look at the crew market, the all time 13 00:00:41,200 --> 00:00:43,600 Speaker 4: high was one forty seven twenty seven. 14 00:00:43,720 --> 00:00:46,680 Speaker 3: That was in two thousand and eight. The probability of. 15 00:00:46,640 --> 00:00:51,320 Speaker 4: US going to two hundred, for any person who is 16 00:00:51,360 --> 00:00:55,640 Speaker 4: in power, it's probably less than three hundred percent. If 17 00:00:55,640 --> 00:00:58,800 Speaker 4: a one twenty five to one point thirty is a recession, 18 00:01:00,600 --> 00:01:05,319 Speaker 4: two hundred would be like if they know snap level 19 00:01:05,920 --> 00:01:13,120 Speaker 4: to our fragile circular economy truth talks. So no, there's 20 00:01:13,120 --> 00:01:15,040 Speaker 4: a less than a three percent chance of it happening. 21 00:01:15,520 --> 00:01:18,560 Speaker 4: But if it does, your last concern will be futures 22 00:01:18,600 --> 00:01:21,280 Speaker 4: options or stocks, because that means we will be in 23 00:01:21,360 --> 00:01:23,960 Speaker 4: severe depression and there's a lot more levels in place 24 00:01:24,040 --> 00:01:28,640 Speaker 4: now than nineteen twenty nine. Even Trump, as a maniacal 25 00:01:28,680 --> 00:01:31,400 Speaker 4: as he can be, he doesn't want to see all 26 00:01:31,440 --> 00:01:33,960 Speaker 4: at one seventy one, ninety or definitely two hundred. It 27 00:01:34,000 --> 00:01:36,319 Speaker 4: will send a signal for a lot of people to 28 00:01:36,360 --> 00:01:40,000 Speaker 4: sell off everything, which will cause a completely collapse of 29 00:01:40,040 --> 00:01:41,920 Speaker 4: the market as we know, and they'll probably take eight 30 00:01:42,000 --> 00:01:43,040 Speaker 4: or nine years to recover. 31 00:01:43,120 --> 00:01:44,080 Speaker 3: So I don't think so. 32 00:01:45,760 --> 00:01:50,200 Speaker 5: I think his team as mina I like the word 33 00:01:50,240 --> 00:01:53,080 Speaker 5: maniacle as they are. They know that it can't get 34 00:01:53,080 --> 00:01:55,560 Speaker 5: to that level. We can't get through just from a 35 00:01:55,560 --> 00:01:58,480 Speaker 5: domestic standpoint, From a political standpoint, you know, this is 36 00:01:58,800 --> 00:02:02,000 Speaker 5: a midterm election, right and they're approaching the area. If 37 00:02:02,000 --> 00:02:05,520 Speaker 5: you have oil at those levels, you know that that 38 00:02:05,640 --> 00:02:08,000 Speaker 5: is the now selling point that will get you out 39 00:02:08,040 --> 00:02:12,560 Speaker 5: of position in the House and Senate m hm, and 40 00:02:12,639 --> 00:02:16,280 Speaker 5: potentially who knows, there'll be a new administration and it 41 00:02:16,320 --> 00:02:18,480 Speaker 5: won't be from your party if it stays, because they 42 00:02:18,520 --> 00:02:20,720 Speaker 5: won't allow it to get to this level. But if 43 00:02:20,720 --> 00:02:28,200 Speaker 5: it does, yeah, this is a catastrophe. That's a catastrophe, yeah. 44 00:02:28,840 --> 00:02:34,800 Speaker 1: Kenned, I mean it just depends on how long he's 45 00:02:36,320 --> 00:02:37,280 Speaker 1: he's forced to stay. 46 00:02:37,120 --> 00:02:37,480 Speaker 2: In the war. 47 00:02:39,160 --> 00:02:39,760 Speaker 3: Tell me more. 48 00:02:41,200 --> 00:02:47,519 Speaker 1: If he's not able to leave after the fourth year, well, 49 00:02:47,520 --> 00:02:50,280 Speaker 1: hopefully we leave way before then. But if he's not 50 00:02:50,360 --> 00:02:53,600 Speaker 1: if he's not able to leave, if he's not able 51 00:02:53,600 --> 00:02:56,720 Speaker 1: to leave, then it's going to not going to get better. 52 00:02:57,960 --> 00:03:01,600 Speaker 4: If he isn't able to leave due to other forces 53 00:03:01,639 --> 00:03:01,920 Speaker 4: and stuff. 54 00:03:02,000 --> 00:03:08,240 Speaker 5: You're talking about, like, we we're live, we're live, our 55 00:03:08,280 --> 00:03:09,120 Speaker 5: troops leave. 56 00:03:09,240 --> 00:03:11,480 Speaker 3: And there's still attacks on us. 57 00:03:12,360 --> 00:03:15,280 Speaker 1: If we're not able to leave the war, we're not 58 00:03:15,320 --> 00:03:16,920 Speaker 1: able to if we're not able to get out of 59 00:03:16,919 --> 00:03:17,239 Speaker 1: the war. 60 00:03:18,320 --> 00:03:19,240 Speaker 2: Yeah, that's what I'm assuming. 61 00:03:19,280 --> 00:03:19,360 Speaker 3: Right. 62 00:03:19,440 --> 00:03:22,040 Speaker 5: Let's say he says like we're done, but they're like, 63 00:03:22,120 --> 00:03:25,279 Speaker 5: now we're gonna steep continue attack American interests. 64 00:03:24,960 --> 00:03:27,840 Speaker 2: If we're not able to say that we're done, because 65 00:03:27,840 --> 00:03:29,799 Speaker 2: he might just say it and we might not be done. 66 00:03:30,480 --> 00:03:31,840 Speaker 2: Everybody answers to somebody. 67 00:03:34,400 --> 00:03:36,720 Speaker 3: Hey, true talks. Clip that up. Listen to what he's saying. 68 00:03:37,840 --> 00:03:38,400 Speaker 3: He's fitting in. 69 00:03:39,560 --> 00:03:41,800 Speaker 2: Nobody's bigger in the program. 70 00:03:42,080 --> 00:03:46,320 Speaker 5: Well you did say he's the exception, though, Trump, he's 71 00:03:46,360 --> 00:03:46,920 Speaker 5: not the exception. 72 00:03:47,640 --> 00:03:48,640 Speaker 3: He barely lieutenant. 73 00:03:50,040 --> 00:03:51,560 Speaker 2: He's really a lieutenant. 74 00:03:53,760 --> 00:03:56,560 Speaker 4: I know we can't say because we're live, but he 75 00:03:57,080 --> 00:04:03,360 Speaker 4: checking in all the time, check checking all the time. 76 00:04:03,480 --> 00:04:09,080 Speaker 4: What's that big homie every I'm not gonna get this canceled. 77 00:04:09,160 --> 00:04:10,840 Speaker 4: You talked, you see me A good morning America. 78 00:04:11,400 --> 00:04:11,800 Speaker 3: I love you. 79 00:04:12,920 --> 00:04:13,800 Speaker 2: Okay, but. 80 00:04:15,280 --> 00:04:18,800 Speaker 4: Senor to senior drum for d r U m p 81 00:04:19,200 --> 00:04:21,720 Speaker 4: F his real name. He checks in every week. 82 00:04:23,880 --> 00:04:28,880 Speaker 3: Yeah, okay, yeah, did. 83 00:04:28,720 --> 00:04:33,320 Speaker 4: You have anybody somebody that's a that's a fact. 84 00:04:34,720 --> 00:04:39,880 Speaker 1: It's chasing oil after geopolitical spikes historically a losing trade 85 00:04:39,920 --> 00:04:41,560 Speaker 1: once the initial panic fades. 86 00:04:42,279 --> 00:04:45,760 Speaker 3: Yep, dumb panic. Don't chase if it's not in your blueprint. 87 00:04:46,240 --> 00:04:49,880 Speaker 4: Like it's the same thing like with meme stocks for me, 88 00:04:50,040 --> 00:04:53,920 Speaker 4: Like if you you have a skill set to make money, 89 00:04:54,560 --> 00:04:57,960 Speaker 4: if it's not in your core, leave it alone. Like 90 00:04:58,040 --> 00:05:00,880 Speaker 4: you don't need to rotate to n F T. And 91 00:05:00,960 --> 00:05:04,160 Speaker 4: I want to be very honest with our audience. They'll 92 00:05:04,200 --> 00:05:06,960 Speaker 4: make something hot. Like think about corporate America. They pushed 93 00:05:07,000 --> 00:05:11,120 Speaker 4: us out of corporate America, forced us into entrepreneurship to 94 00:05:11,360 --> 00:05:16,000 Speaker 4: chase these shiny other trinkets that become available like NFTs, 95 00:05:16,240 --> 00:05:20,400 Speaker 4: like meme coins, etc. If you're not a proficient or 96 00:05:20,520 --> 00:05:24,400 Speaker 4: trader or a proficient natural gas trader, now is not 97 00:05:24,480 --> 00:05:26,360 Speaker 4: the time to chase. This would be a good entry 98 00:05:26,400 --> 00:05:28,840 Speaker 4: point to begin practicing, but it would be the same 99 00:05:28,839 --> 00:05:30,960 Speaker 4: thing as me saying, okay, well i'll see what you're doing. 100 00:05:31,320 --> 00:05:33,360 Speaker 4: I'm gonna start a YouTube channel and think I'm gonna 101 00:05:33,360 --> 00:05:37,760 Speaker 4: know algorithm time to post headlines like it's a science 102 00:05:38,680 --> 00:05:42,800 Speaker 4: behind that, right, It's the same science in different assets, 103 00:05:42,880 --> 00:05:47,760 Speaker 4: And every asset has its own temperature, its own personality, 104 00:05:47,800 --> 00:05:50,760 Speaker 4: and its own rhythm. That's why you have people that 105 00:05:50,800 --> 00:05:53,000 Speaker 4: were on the floor. They were just bond traders. They 106 00:05:53,040 --> 00:05:56,400 Speaker 4: traded crew, they traded wheat, they tried live cattle. It's 107 00:05:56,400 --> 00:05:59,320 Speaker 4: too hard to master off. So yes, if you have 108 00:05:59,440 --> 00:06:02,000 Speaker 4: not been practiced, isn't it I wouldn't chase it now.