MI255 Navigating Bubble 3.0: Is This Time Different? w/ David Hay
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Is China Reopening a Good Idea to Short Oil?
I think that this the market gets on to a theme and the theme has been demand destruction because of recession. Felix Zuloff is brilliant said oil could go in the 50s or 60s temporarily, but then he thinks it's going to $200 a barrel next year. Well, I mean, so he got a little bit of downside, but a tremendous amount of upside. And I don't think, especially with the Biden administration saying that they're willing to refill the SPR somewhere around $70 a barrel that will go much below that. But when I look at it, I see a very bullish setup for particularly oil, but also natural gas as well.
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