Jordi Visser

And then there's always the reduction of demand, which is very hard for the government to influence, but there's probably some things they could do on that front.

That's all oil.

I think it's pretty well understood, but definitely like stopping the war is probably the single biggest thing.

On LNG, I'm not an expert in any form or fashion, but the little research that I have done online seems like that is much, much more difficult to influence the price of LNG.

And that's really where some of the recent destruction of energy infrastructure in the Middle East is focused, the gas field and then the largest LNG exporter.

And so do you worry more about the LNG side or is it all just energy in your mind and you can kind of put oil and gas together and they'll go in the same direction?

Yeah.

And for the record, Truflation over the last three weeks has gone from 0.8 to 1.65 as of Friday morning.

And so the Truflation real-time metric has doubled.

So forget whether you believe the Truflation, whatever, just the direction to your point is explosively moving higher with oil, et cetera.

Do we get a recession?

Right.

Like oil prices, obviously, I think throughout my lifetime, there's been oscillation between generally 50 to 150.

Right.

And there's times where they spike, they come back down.

They've really kind of sat, let's call it somewhere in that like 60 to $100 ish range as maybe a guiding light.

Can we see $200?

If you believe in Bitcoin long term, the worst move you can make is selling it just to access liquidity.

That's why you should check out Figure.

Right now, Figure offers crypto backed loans at 8.9% interest with 50% LTV.