To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Tom welcomes an experienced commodity broker and veteran of the futures business Jim Hunter. Jim has 35 years of experience in the industry. Jim begins by explaining how futures markets function and defines many of the terms involved in these markets. Then, Jim describes how longs and shorts operate in futures, along with options, hedging, and how the delivery process. There used to be numerous exchanges, but today with modern technology, many have been consolidated into a few exchanges. Many in North American are operated by the CME Group or the Chicago Board of Trade. There are three different types of traders, with the largest being bullion banks. These banks have supply and contracts with mines or suppliers that they need to sell. They tend to be short because they are delivering and hedging metal for profit. Another large long trader might be a car company or a green energy company. Again, these might need metal and might regularly take possession by going long for manufacturing. Lastly, are the speculators of various from large hedge funds to small investors who may take either position long or short. Margin requirements are important and they change based on market volatility and risk. As prices for a commodity rise, the margin risks increase, and thus these requirements must increase. Margins are a function of recent volatility in the market and are necessary to ensure that a contracts counterparty gets paid. Jim explains instances where manipulation has occurred in these futures markets. He gives an example with the Hunt Brothers and why changes in the rules unfairly cost them their positions. There have been other times when rules have changed at unusual times, resulting in unfair fluctuations in the markets in which various parties could benefit. Jim doesn't find the idea of extra paper claims to have any basis. Total open interest has nothing to do with the commodities in the warehouse or vault. He argues the number of contracts has no bearing on the delivery process. The Wall Street Reddit Movement attempted to cause a short squeeze on the silver futures market. The movement was able to get prices to rise back in February for a brief period. Short squeezes are the wrong term for these, as it would take a lot more demand to deplete the available supply. Higher prices tend to bring more supply to the market. Silver does have a lot higher to move as he considers it undervalued based on the amount of global money printing. In addition, several countries are buying gold. Silver is an excellent savings account, and you can make money if you hold it. Time Stamp References: 0:00 - Introduction 1:08 - Commodities & Futures 11:44 - Other E ... https://www.youtube.com/watch?v=r6iYyoFoKQ4

Tom welcomes back once again the Head Writer from the Doomberg Chicken Coop. In this interview Doomberg breaks down many of the energy myths around supply and scarcity in an era of technological advancement. Doomberg discusses the hotly contested concept of 'peak cheap oil,' which asserts that the global economy will soon experience a severe decline in easily affordable oil due to dwindling supplies. Given a humorous twist, Doomberg confidently counters this theory in a manner that ruffles a few feathers amongst its proponents. *Palisade Radio Links:* ► Website & Newsletter: https://palisadesradio.ca ► Rumble: https://rumble.com/c/c-1586024 ► Odysee: https://odysee.com/@PalisadesGoldRadio:c ► BitChute: https://www.bitchute.com/channel/67kkt6EjYPJM/ Despite his animated personality, Doomberg intelligently lays out a counter-narrative to the peak oil theory, asserting that technological advancements and human adaptability would consistently flex and adapt under the strain of assumed dwindling oil reserves. This plucky chicken argues that, contrary to popular belief, if there was an imminent oil crisis, current political and economic constraints would dissipate, causing nations to rally together and adopt necessary measures to prevent disaster. Like an experienced egg-cracker, Doomberg breaks down the processes of oil refining, expressing faith in the industry's ability to convert various hydrocarbon types into numerous usable oil products. So, even when lighter hydrocarbons are at play, Doomberg insists they can be transformed into heavier substances like jet fuel, demonstrating the industry's adaptability. In laying out potential solutions to the imminent dread of peak oil reality, Doomberg sounds the rooster's crow, waking us to the possibilities we would explore to keep oil supply constant and prices economical. Doomberg avows that political restrictions would be shed, conventional oil reserves exploited, shale drilling technology would become widespread, and enormous natural gas reservoirs would be tapped. This talking Chicken Little goes even further to say that faced with skyrocketing oil prices, we would simply alter our engines to run on cheaper, abundant natural gas. Doomberg does not mince words about the central importance of energy to the economy, reminding us that despite several crises since the 70s, our primary energy use continues to grow, showcasing our resilience and adaptability. Moreover, Doomberg reiterates that we are far from exhausting accessible and affordable oil— the limitations are more political and temporary than physical or absolute. To cap it off, Doomberg reaffirms that we have plentiful oil reserves, and our innovative abilities, coupled with political compromises, would forestall any imminent oil crisis. In this engaging conversation laced with comedy and fowl-play, Doomberg manages to debunk several misconceptions about oil exhaustion and the looming energy crisis, presenting a future marked by human ingenuity and widespread energy production. Whether it's talking about oil, natural gas, or ethanol, it's clear that Doomberg is no chicken when it comes to tackling complex topics and laying out hard-boiled facts. Time Stamp References: 0:00 - Introduction 0:35 - Twilight in the Desert? 9:54 - Crude Production 15:42 - SPR & Inflation 22:00 - Oil's Importance 24:54 - Nuclear Narratives 27:06 - Energy Needs & Growth 28:54 - Artificial Limits? 31:34 - Global Reserves 33:26 - Shale & Analysts 35:58 - China & Energy Tech. 37:40 - Russian Resources 40:07 - Iran & Politics 42:28 - New World Oil 44:58 - U.S. Manufacturing 48:34 - Recession & Energy 50:10 - SPR & Politics 53:24 - Oil Price & Inflation 59:43 - Ethanol & Hydrogen 1:04:06 - New & Future Tech. 1:05:15 - Critiques? 1:08:56 - Wrap Up Talking Points From This Episode - Technological advancements and human adaptability consistently outpace fear-driven predictions of depleting oil reserves. - Our adequate oil reserves coupled with our innovative abilities and political compromises can prevent any imminent oil crisis. - Doomberg highlights that existing limitations to accessing readily available conventional oil resources are primarily political, rather than physical. Guest Links: Twitter: https://twitter.com/DoombergT Website: https://doomberg.substack.com Related Article: https://doomberg.substack.com/p/atlas-wont-shrug Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity, and finance to deliver innovative thinking and clarity to complex problems. #Doomberg #Oil #Energy #Refining #OilProduction #PeakCheapOil #Shale #EnergyEconomy #ShaleOil #TechVsFear #InnovativeAdaptation #NatGas #US #Russia #China #Ethanol #SPR #OilReserves ... https://www.youtube.com/watch?v=FNMkcomrrdw