QUESTION: With all the chaos on the war front, do you see oil ever making new highs?
DD
ANSWER: Just about all the key markets are showing important shifts in trend. Cash crude oil has important overhead resistance at the 8840 level in 2025. Next year is a Panic Cycle. We just have the world’s worst crop of leaders ever. If they actually believe the BS they are spouting, this we are truly looking at World War III. You have Poland threatening to annihilate St Petersburg in Russia. The West has instigated this entire confrontation and you are looking at Europe being reduced to ashes this time and the great monuments will not survive. What is there no leader even interested in peace?
