Oil Markets Are Structurally Broken, and the Risks Are Mounting – with Mario Nawfal & Jim Puplava
Chris appears on Mario Nawfal’s show and Jim Puplava’s Financial Sense to discuss structurally broken oil markets, price suppression, depleting inventories, and rising geopolitical risks.
Source: Peak Prosperity
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DW NOTE
The Strait of Hormuz has been effectively closed for weeks, crude shipping costs have hit $29 million per load, and oil is still only at $83 — down 25% from its yearly high. Markets that price in apocalypse less severely than a quarterly earnings miss are not structurally broken, they are structurally disbelieved.