Anthony Pompliano

So this is $1.10 on 280.

That's a fact.

Diesel prices are up $1.50.

If you go look at what happened at the time that CPI went up to nine plus percent, this is a faster move than what happened back then for those.

Oil prices, you put on the evening news, they tell you oil's around $100.

That's not true.

The facts are that there's a lot of oil prices.

Oil prices that go to Asia hit close to 170 this week in terms of Oman and Dubai, 130, 170.

Brent is way above where WTI is.

So I think people are paralyzed.

I think institutional investors are paralyzed.

I think the sell side is paralyzed.

And I think there's a very important reason for it that gets into...

my handicapping days at the racetrack.

Why does a horse go off as the favorite?

Well, it goes off the favorite because of the most recent results that happen.

So when the Kentucky Derby comes, the guarantee will be the horse that is the favorite pretty much won its last race leading into it.

Probably won its last two or three races leading into it.

Probably has the fastest speed.

There's a momentum thing of this is the highest probability.