Josef Schachter – Energy Market Update, With Comments On Geopolitics And Oil Stocks
Josef Schachter, Founder and Editor of The Schachter Energy Report joins us to share his updated thoughts on the energy sector, especially oil which continues to hold above $1,900. It’s hard to ignore geopolitics so we have Josef weigh in on what’s going on in Russia and Ukraine. However it’s not all geopolitics so we discuss some of the energy stocks and their overall health.
Click here to visit Josef’s site and learn more about his Energy Report.
KER must have an agreement with Schachter. I can’t think of any other reason for bringing this clown back again and again. A disservice for KER’s listeners.
Sprott weekly wrap up
The comments mention Trillion Energy. IDK if vid does, not watched yet.
https://www.youtube.com/watch?v=PPodt-DhOYo&ab_channel=SprottMoney
Comments I am hearing is that there are shortage problems and shipping problems within the oil business. Coupled with terrible inflation, it is very possible that Oil and Nat Gas will be in demand, frustrating attempts to run the price lower. Appears very similar to the intervention that the
powers that be” use in the mining industry that is driven by a phony unregulated paper price for metals.
I would do more reading on the subject to get a comfortable feeling about the price of oil and its availability. I am going to hold on to my three oil stocks for the time being just like my mining stocks. Some things just don’t seem to compute.
Cash, you said same crap year ago oil going to come way down, you even offered us kereport listeners a discount for your newsletter and you said same crap oil going to collapse don’t buy oil stocks until your give the alert to buy, that never came oil at 40 never came down but soared to 70, 80 and now 90. So all new subscriber since Jan 2021 who didn’t catch gains from March 2020 lows spent several months waiting and missed out on some serious moves in oil stocks, not too good of a newsletter.
So if Russia doesn’t invade and fed hikes rates and they hold off inflation no stock crash or recession but just a much needed sell off of another 10 PCT people will be buying the dip, also people will be getting out since they are fed up with being lockdown last two years that means another run in stock market and oil remains strong maybe not 90 but above 70. Wrong again.