Anthony Pompliano
๐ค SpeakerAppearances Over Time
Podcast Appearances
I don't really care about...
the market reaction at this point because we live in a society of instant gratification.
So the fact that people probably bought a lot of hedges, we've got expiration today, I'm not gonna talk about the market.
The reason I'm confused
is that I don't think people are looking at the facts.
So forget the amount of drones, forget people forecasting when this is gonna end, when the straight will be open.
Nobody knows that.
And as far as I'm concerned, I care about the facts.
Gas at the pump is now 392 as we sit here this morning.
It started this journey at 280.
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.