Thursday, August 31, 2023

Why are billionaires loading up on oil?

Billionaire Ken Griffin increased his holdings by 150%.

͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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Why Are Billionaires Loading Up On Oil?

The most powerful investors in the world are loading up on energy investments.

Warren Buffett invested over $50 BILLION.

Billionaire Ken Griffin increased his holdings by 150%.

Carl Icahn has made a billion-dollar bet!

Why exactly?

It may be because they see a continued rise of oil on the way.

JP Morgan analysts have pegged the future price of oil at $380 per barrel.

That would send oil companies skyrocketing.

But there is 
one investment set to outperform all the rest.

It was up 196% last year... more than any of the major oil companies.

Yet it is NOT a stock, bond, option, or private company.

It's perhaps
the single best INCOME-producing oil asset in the world.

And I'm naming it my #1 oil and gas income play for 2023.

The Story Behind 2023's #1 Oil and Gas Income Play

Good Investing,

Marc Lichtenfeld
Chief Income Strategist, The Oxford Club





 

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* Trading involves financial risk and is not suitable for all investors. Past results do not guarantee future performance.

 

 


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-Fwd: I thought I’d seen stupid (pic attached) -

Here's an important message from one of our colleagues:

͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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August 31 2023 

Here's an important message from one of our colleagues: 

Fwd: I thought I'd seen stupid (pic attached)

Dear Reader,


I've exposed some of the biggest financial myths and manias of the last 25 years.


I told my readers "Peak Oil" was a lie all the way back in 2006. Remember the peak oil hysteria? The idea that oil production rates would only go down… forever.


A couple years later, I warned readers that the U.S. housing market was on the verge of triggering a stock market crash.


In 2010, I described in near-perfect detail many events of the last decade or so – riots, government lockdowns, rampant inflation – in a 77-minute video presentation called "End of America".


You may have seen it online. It's been viewed over 100 million times.


Until recently, I thought I'd seen the extent of human stupidity and graft. I didn't think it was possible for policymakers and establishment elites to steal and mismanage more than they already had.


Then I saw this…

You've likely heard or read about California's ultra-progressive governor, Gavin Newsom. He's been in the news the last few years, polishing up his liberal bona fides and grooming himself for an eventual run for President.


He's pushed to ban everything from gasoline-powered cars… to gas-powered stoves and appliances… to fossil-fueled power plants and emissions-free nuclear facilities.


The liberal environmental crusade is built around the idea that renewable energy alone can power a modern industrial economy. It can't. Everyone knows that.


But Gavin Newsom, along with Los Angeles-based Congresswoman Maxine Waters and others I'll introduce you to... they don't care. They know they don't have to pay for their policies…

Instead, people like you and me are stuck with the bill. And in California, as it relates to energy, the price is a never-ending series of blackouts and the highest electricity fees in the country.


And things are about to get a lot worse…


With the onset of record high temperatures from El Nino, combined with what's expected to be a devastating monsoon season between now and late September… over 30,000 people could die in the city of Los Angeles.


It could happen over a three- to five-day period. And it could happen at any time.


Do yourself a favor. Before it's taken offline (which could happen at any time), check out this shocking video.


I name names in it.


And I've seen in the past just how far powerful people will go to silence me.


Sincerely,

Porter Stansberry

This offer is sent on behalf of Porter And Co. 

 

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WARNING- U.S. Government to Announce Mandatory U.S. Dollar Recall?

twx


Editor's Note: Occasionally, an opportunity comes to our attention that we believe readers like you will find valuable. The message below from one of our partners is one we believe you should take a close look at.



Dear Reader,

If you have any U.S. dollars in your bank account…

You must see this shocking video exposing the government's new plan to recall the U.S. dollar.

The official announcement could come as soon as September 20.

As Business Insider says, this dollar recall "could be imminent."

That means if you don’t prepare now…

You could end up holding a bunch of worthless U.S. dollars.

Click here to see the three simple steps you must take now to protect your life savings.

Regards,

Kendall Castillo
Managing Editor, Palm Beach Letter

 

 

 

Trading involves risk. The information provided is NOT trading advice. Neither the Editors, the Publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from the newsletter. Past performance is no guarantee of future performance. This recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability for any purchase or order made from any company or entity mentioned or recommended in this email.

The information provided is for educational purposes only. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Actual results may differ. Nothing here constitutes a recommendation respecting the particular security illustrated.

 

 

Prepare for this shift - or risk everything…

Former bank executive, Teeka Tiwari, feels that things could be much worse…