Tom Luongo
@TFL1728
#Gold# #Goats# & #Geopolitics#.
It's time to get serious about collapsing institutions.
Long Guillotines, Rope Makers and Lead Futures.
End Trotskyism!
Joined June 2009
1.9K Following 88.8K Followers
Hey Hey Hey,@sorenthek
I recall our chat from back in the day…
Back in the day, what was that did you say?
Middle Distillate exports would be going away.
GGnG Podcast
Tomorrow’s Zeitgeist Today.
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The US is considering halting diesel exports.
The US is the world's largest diesel exporter... Russia, the 2nd largest, has already halted exports.
A US export ban would send global diesel prices even higher and force countries like Japan to dump USTs to fund their domestic needs.
In other words, imposing an export ban on diesel would blow up the UST market.
There are no easy solutions anymore.
We don't own enough hard assets for what's coming.
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