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1
Hircus
2022 May 21, 11:00pm
Hircus
2022 May 21, 11:00pm
One thing that has been holding me back from speculating on energy prices going up further from here is that I feel it strongly depends on the ukraine war.
I don't think its implausible that the war could end any day. And when it ends, it's possible that russian energy could soon flow unrestricted again, bringing prices down. I'm not saying I think either is particularly likely, but they could happen under some conditions such as changes that suggest or enforce a non aggressive russia. Like maybe if putin was gone + some other changes.
I'm kinda torn between thinking western govts want energy prices to come down quickly, vs thinking they secretly want them to go up further and for longer.
I don't think its implausible that the war could end any day. And when it ends, it's possible that russian energy could soon flow unrestricted again, bringing prices down. I'm not saying I think either is particularly likely, but they could happen under some conditions such as changes that suggest or enforce a non aggressive russia. Like maybe if putin was gone + some other changes.
I'm kinda torn between thinking western govts want energy prices to come down quickly, vs thinking they secretly want them to go up further and for longer.
2
AD
2022 Oct 10, 3:16pm
AD
2022 Oct 10, 3:16pm
I sold 2 Puts with UNG that expire this Friday with a Strike of $21.50. I am going to check out
San Juan Basin Royalty Trust
The dividend for this stock is 14% for now.
.
San Juan Basin Royalty Trust
The dividend for this stock is 14% for now.
.
Disclosure: I own about 10,000 shares of SJT.
https://docs.google.com/document/d/e/2PACX-1vQWjQXlC7-5W--9wGKAWyctkYCi94-HWyhmmj6UlxGV9dZdFHz35fMBjl3HHbqc8roZdYf6wN0YlSBh/pub
https://docs.google.com/document/d/e/2PACX-1vShEgAAYYkEeyx4_0LBceF9X29TIdX9tE1eecnuPa4el4CyrgHBKsEPF56IzboVlFaHRGRrkDlMoyKK/pub
https://medium.com/@kenluskin1/u-s-natural-gas-in-storage-will-not-have-a-sufficient-cushion-for-next-winter-the-price-will-acc1a950cab6 (<<
REASONS WHY SJT BEATS CRYPTO & GOLD
1) Just like the king of Crypto Coins, BitCoin, SJT does NOT issue more units... NO stock options and stock grants to management.
2) SJT has a royalty on very LONG LIFE REAL ASSETS that are needed by society, which is better than Gold , because NOBODY needs Gold or Crypto
3) Unlike Gold and Crypto, SJT pays its owners DISTRIBUTIONS every month.... So, the price of SJT does NOT need to rise for its owners to get a very nice return on their money. Please click on and read:
SJT is HISTORICALLY CHEAP
4) Whereas the price of Gold and Crypto is the same all over the world, the price of U.S. Nat Gas, which determines the level of SJT distributions, is only about 1/3 of the world price....= U.S. Nat Gas is the cheapest important asset in the world.
Please click on and read: U.S. Natural Gas: Storage Is Trending to an EPIC SHORTAGE =The Price Will Skyrocket to All Time Highs
5) Ownership of SJT is easy and protected by strong financial institutions which are backed by the USA, the most powerful country in the world..... NO worries about unprotected wallets and having your money taken by Coinbase when they file BK, or storing Gold in a safe.
6) Future RETURNS can be calculated in REAL time based on the futures contracts. Please click on and read: INTELLIGENT INVESTORS have INSIDE INFORMATION on SJT FUTURE DISTRIBUTIONS
7) The future price of U.S. Nat Gas can be analyzed based on the FUNDAMENTALS of REAL world demand and supply which do NOT exist for Gold and Crypto, because all the demand for Gold and Crypto is SPECULATIVE. There is NO way to know when holders of Gold and Crypto will SELL and drive the market downward.
8) CONVENTIONAL U.S. Gas wells have a 50 year life, and actually become more and more "RARE" because ALL the Gas that is extracted through Fracking is BURNT, and fracked wells deplete by 80% within a few years..... Whereas Gold becomes less and less rare as ALL Gold that has ever been mined still exists, and more is mined every year.
9) New Crypto coins are constantly being created and attracting people to buy them and SELL their Bitcoins.... And because Bitcoin has ZERO intrinsic value, the price can decline down to close to ZERO, if people decide to sell and BUY assets that have cash flow and a YIELD.
CONCLUSION:
Albert Einstein once said “Compound interest is the eighth wonder of the world.
He who understands it, earns it; he who doesn't, pays it”
“The then-68-year-old Buffett — whose fortune has since grown to more than $120 billion — said that compound interest is an investor's best friend and compared building wealth through interest to rolling a snowball down a hill.”
Over many, many, decades the SAGE of ADVICE from Warren Buffett and Charlie Munger has proven to be far better than that from a bunch of starry eyed promoters of the latest mania.