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#1153 Bill Perkins | Millionaire Talks Elon Musk, Dan Bilzerian, Dying With Zero, & SkyFi
The Pomp Podcast
Oil Futures Price Goes Negative
The oil futures price went negative, I think it was, right? For kind of a forward delivery or whatever. And then like at the end of last year I saw a statistic that actually trading with Russia on a dollar denominated basis was up because the prices of many commodities skyrocketed. So while there may have been less trading based on other measurements in pure dollar denomination, it was actually up like 20, 30 percent. Then you hear these stories of like Germany still has to buy oil. They're not going to buy it from Russia or name your country. They buy it from this guy who buys it from Russia and just marks it up to X and slaps a Chinese flag on it
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