30 Comments

Termites? I have been called worse. God called us crickets in the Book of Isaiah. The government also looks at us like insects. My own accountant called that one. The EV idea to me is one thing! Destroy our independence and freedom. Just punch a button and the unwashed are sitting on the side of the road, helpless. You can take your ev or whatever we wind up calling it and stick it!! Freedom is the one thing that I cherish more than anything. As to the oil price, the government will screw that up, too. Like I have said, all this is on purpose, cause you will never get this much incompetence and ignorance by accident. Although, I will say, the border deal still puzzles me. We are importing poverty and ignorance by the boatload. Still have not figured this one out. My son says the plan is to turn us into a poverty-stricken narco state. Does have some merit. But, Rush Limbaugh used to say, we need to have more guns. Let all the people have guns and we will cut the gun murders by 90 per cent. Think of the old west. Gotta go practice my fast draw. Just sayin'

Don Harrell

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The XOP trade is a long term trade that will have to fight the ESG and WEF head winds for many years until debt sinks governments. It is a 30% gamble of our investments. But, it is a well thought out trade, since war and all economies run on fossil fuels. Nothing runs in a significant way on fake Green Energy. Think of Green Energy as the Cryptocurrency of the energy world.

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Bill, I like your comment on the Bill of Rights and Constitution,the people who wrote them are different from the people who ignore them. Maybe the awaking of the people to the roots that have held this country together for 200 plus years,will start to ignore the media and the ignorant per say experts.

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Dan and Tom,

I’m a little concerned about XOP. It has been both volatile and moving lower recently. My concern is not with your thesis regarding its’ long term value. I agree with that.

My concern remains ESG and the fact that the Boards of the oil and gas industry seem to be committing corporate suicide. They are literally dismantling their balance sheets by destroying or de-investing in carbon assets. As for ESG, it became somewhat tarnished in 2022 as an investment strategy however it still holds much woke political power. The investment world is controlled by the Elite. They move in lock step, increasingly based on ideology and political trends of their own making. The ESG/Woke Board phenomenon could explain the recent performance of oil and gas and portend poorly for its’ investment future. What say you?

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On the contrary, it’s the beginning of cheap money, lots and lots of it. The problem is the enormous amount of free money circulating the system ain’t worth a plug nickel because of inflation! 😂

The portal is open, the horns and scythe are visible. What a beauty, the greatest minds are endlessly trying to shut the door, but the simplicity behind it all cannot be determined.

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👍

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Tom. Should iBonds be avoided as well?

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Sorry. The interesting information starts at Hour 1 and 35 min. I think very good watch.

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Rough seas ahead. right on. Nov 9th FDIC Bank meeting. Quote "People need to understand that there can be a bail in, but we don't want a run on the installations." "Long term Dedt investors state level are not Principal Protected by DESIGN" https://www.infowars.com/posts/must-watch-fdic-bankers-discuss-bail-ins-to-deal-with-impending-market-collapse/

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Where can I find the 7 open positions on your watchlist?

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