Energy Investing - Romm - Naked shorting can proceed forever, no? - Energy Investing - InvestorVillage


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Msg  501765 of 550894  at  6/5/2023 7:53:48 AM  by

Lakeview21


 In response to msg 501753 by  coolreit
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Re: Romm - Naked shorting can proceed forever, no?


Just a quick observation about the interesting developments in global oil...

UTR, correctly, says the following...

We are witnessing a monumental battle between MBS (OPEC+) and Biden (NATO). The question deliberated upon is what controls the price of oil, physical barrels delivered or leveraged paper barrels traded on derivatives contracts?

Coolreit asks a legitimate question...

How do you know they have to deliver oil if they are using derivatives to short oil into oblivion?

It didn't get much attention, but I wonder the same thing. We, on this board, eagerly anticipate the oil price increases that come with production cuts. And, we acknowledge that massive shorting has impacted the price of oil so far. Now, UTR points out what seems to be a final showdown. I automatically believe the fundamentals will immediately prevail. But we may have never seen this epic battle take place before.

What if the shorts don't have to cover? What if they have almost infinite amounts of US government money to roll contracts over indefinitely? This epic battle may be bigger and longer than we initially think.

Is it possible to have gas lines AND $75 oil at the same time? Surely not...














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Replies
Msg # Subject Author Recs Date Posted
501774 Re: Romm - Naked shorting can proceed forever, no? Nothingtoc 24 6/5/2023 8:19:15 AM
501778 Re: Romm - Naked shorting can proceed forever, no? suderle 42 6/5/2023 8:30:46 AM
501792 Re: Romm - Naked shorting can proceed forever, no? romm 34 6/5/2023 9:34:37 AM




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