Is Bitcoin Becoming a Currency of War? | Now OPEC Has Done It...

[] Investors sold off crude oil stocks after a significant surge in the commodity price over the last few days. As Garrett discussed oil, Dr. Bauer explains what the Russia-Ukraine war, an the sanctions resulting from it, mean for bitcoin in Russia. [View in browser]( . Investors sold off crude oil stocks after a significant surge in the commodity price over the last few days. As Garrett discussed oil, Dr. Bauer explains what the Russia-Ukraine war, an the sanctions resulting from it, mean for bitcoin in Russia. [View in browser]( . . [] [Havens Investment Letter] [] [Havens Investment Letter] [] [] [] Did This California Tech Wiz Discover... The Perfect AAPL Trade? One reclusive tech genius in California used his powerful trade-testing software to perfect his system for trading AAPL. The results so far -- a 70% win rate and a 3-to-1 reward-to-risk ratio. [Click here to catch the recent reveal of the "Perfect" Apple Trade]( [] --------------------------------------------------------------- [] Did This California Tech Wiz Discover... The Perfect AAPL Trade? One reclusive tech genius in California used his powerful trade-testing software to perfect his system for trading AAPL. The results so far -- a 70% win rate and a 3-to-1 reward-to-risk ratio. [Click here to catch the recent reveal of the "Perfect" Apple Trade]( [] --------------------------------------------------------------- [] [] Now OPEC Has Done It [Garrett Pic]Dear Investor, Is a 17% decline a lot? Not for a day trade… and not for an options trade. But a 17% move on oil… in a matter of hours… is A LOT. Brent crude moved as high as $130 after the Biden administration banned Russian exports on Tuesday. A day later, it was plunging… in a hurry. What happened? A few important events. First, we received news that Ukrainian President Volodymyr Zelensky is open to compromise to end the war. While Ukraine’s government refuses to cede territory to the Russian government, it has said it’s open to neutrality (like dropping its goal of joining NATO). Second, OPEC and its compatriots in the energy markets sucked the air out of the oil rally. This morning, a selloff accelerated after the United Arab Emirates (UAE) called on its members to boost oil output beyond the current pace. OPEC’s members represent about 37% of global oil supply and roughly 16% of global natural gas output. While those numbers aren’t eye-popping, keep in mind that OPEC nations control about 80% of the proven reserves in the ground. On the supply side, OPEC is in the driver’s seat. At the worst today, the price of Brent crude fell to almost $105 per barrel before rebounding slightly (Brent fell 11.7% by the end of the day). The call to increase output accompanied a few other factors. At a conference, Iraqi oil minister Ihsan Abdul Jabbar said his nation’s customers haven’t increased demand. That helped crude rebound from the worst of the selloff. Given that oil is a commodity that sees its price fluctuate based on both the supply and demand side of the equation - some speculation remains that OPEC won’t artificially increase output just to address the situation in Russia and Ukraine. In addition to this news, it’s important to note that volatility for U.S. crude decreased by about six percentage points. This suggests some reduction in global volatility and geopolitical uncertainty a day after the U.S. and the United Kingdom announced plans to bar Russian imports. In itself, the decisive action reduces volatility because it was a binary event. What’s Next for Oil? The oil trade is not over by a long shot. The next political question will center around producer action in the United States. As I’ve said, U.S. oil production will hit a record in 2023, with producers pumping about 12.6 million barrels per day. But the U.S. needs far more oil, given the daily demand north of 20 million barrels. U.S. producers are looking for cover not only from the White House but also from their shareholders. Producers want the Biden administration to bless oil-and-gas production here in the United States. According to reports, they will be meeting with White House officials at a major oil conference soon. Now, they won’t increase production unless they know that policies won’t continue to reduce incentives. Otherwise, they won’t allocate capital to new production. That political cover is also needed to allow it to justify confrontation with their shareholders. As I’ve noted, many shale producers increased their output in 2014 when WTI crude oil prices surged north of $100. However, after they rushed to pump more oil, we witnessed a dramatic increase in domestic supply. That fueled a sharp decrease in crude prices, which led to a decline in share prices. Large shareholders - enraged by their losses - pushed for big hikes in dividends and big buybacks. That has locked up their cash flow, making it harder for them to expand their output and invest in capital expenditures. Political cover could help shift the discussions with shareholders. As Pioneer Natural Resources CEO Scott Sheffield said this week, the U.S. energy sector could effectively double its oil output in less than two years. However, "it's going to take cooperation with Biden, it's going to take cooperation with our shareholders," he said. More oil appears to be on the way. Now what? How to Play Rising Oil Output I’ve been asked about the trend of U.S. production. My view is that U.S. producers will dramatically increase output - but not some of the more common names that I’ve discussed like Devon Energy, Marathon Resources, or ConocoPhillips. I think it will spill over from the major producers like Exxon and Chevron, and the MUCH smaller producers who don’t have significant capital dedicated to shareholder appeasement. I recommend that investors look outside production - and the potential costs of expanding production (debt and capital expenditures). Instead, there is ample opportunity in the Midstream for companies involved in the transport, storage, and shipping of oil and related products. Based on valuation scores, Plains All American Pipeline (PAA) represents the most compelling midstream pipeline operator based on its risk-reward profile. Tomorrow, I’ll break down the company’s operations, its lofty dividend, and why focusing on the Texas oil fields is a winning strategy. Enjoy your day, [Garrett Sig] Garrett {NAME} Chief Analyst, American Markets [] --------------------------------------------------------------- [] [] Now OPEC Has Done It [Garrett Pic]Dear Investor, Is a 17% decline a lot? Not for a day trade… and not for an options trade. But a 17% move on oil… in a matter of hours… is A LOT. Brent crude moved as high as $130 after the Biden administration banned Russian exports on Tuesday. A day later, it was plunging… in a hurry. What happened? A few important events. First, we received news that Ukrainian President Volodymyr Zelensky is open to compromise to end the war. While Ukraine’s government refuses to cede territory to the Russian government, it has said it’s open to neutrality (like dropping its goal of joining NATO). Second, OPEC and its compatriots in the energy markets sucked the air out of the oil rally. This morning, a selloff accelerated after the United Arab Emirates (UAE) called on its members to boost oil output beyond the current pace. OPEC’s members represent about 37% of global oil supply and roughly 16% of global natural gas output. While those numbers aren’t eye-popping, keep in mind that OPEC nations control about 80% of the proven reserves in the ground. On the supply side, OPEC is in the driver’s seat. At the worst today, the price of Brent crude fell to almost $105 per barrel before rebounding slightly (Brent fell 11.7% by the end of the day). The call to increase output accompanied a few other factors. At a conference, Iraqi oil minister Ihsan Abdul Jabbar said his nation’s customers haven’t increased demand. That helped crude rebound from the worst of the selloff. Given that oil is a commodity that sees its price fluctuate based on both the supply and demand side of the equation - some speculation remains that OPEC won’t artificially increase output just to address the situation in Russia and Ukraine. In addition to this news, it’s important to note that volatility for U.S. crude decreased by about six percentage points. This suggests some reduction in global volatility and geopolitical uncertainty a day after the U.S. and the United Kingdom announced plans to bar Russian imports. In itself, the decisive action reduces volatility because it was a binary event. What’s Next for Oil? The oil trade is not over by a long shot. The next political question will center around producer action in the United States. As I’ve said, U.S. oil production will hit a record in 2023, with producers pumping about 12.6 million barrels per day. But the U.S. needs far more oil, given the daily demand north of 20 million barrels. U.S. producers are looking for cover not only from the White House but also from their shareholders. Producers want the Biden administration to bless oil-and-gas production here in the United States. According to reports, they will be meeting with White House officials at a major oil conference soon. Now, they won’t increase production unless they know that policies won’t continue to reduce incentives. Otherwise, they won’t allocate capital to new production. That political cover is also needed to allow it to justify confrontation with their shareholders. As I’ve noted, many shale producers increased their output in 2014 when WTI crude oil prices surged north of $100. However, after they rushed to pump more oil, we witnessed a dramatic increase in domestic supply. That fueled a sharp decrease in crude prices, which led to a decline in share prices. Large shareholders - enraged by their losses - pushed for big hikes in dividends and big buybacks. That has locked up their cash flow, making it harder for them to expand their output and invest in capital expenditures. Political cover could help shift the discussions with shareholders. As Pioneer Natural Resources CEO Scott Sheffield said this week, the U.S. energy sector could effectively double its oil output in less than two years. However, "it's going to take cooperation with Biden, it's going to take cooperation with our shareholders," he said. More oil appears to be on the way. Now what? How to Play Rising Oil Output I’ve been asked about the trend of U.S. production. My view is that U.S. producers will dramatically increase output - but not some of the more common names that I’ve discussed like Devon Energy, Marathon Resources, or ConocoPhillips. I think it will spill over from the major producers like Exxon and Chevron, and the MUCH smaller producers who don’t have significant capital dedicated to shareholder appeasement. I recommend that investors look outside production - and the potential costs of expanding production (debt and capital expenditures). Instead, there is ample opportunity in the Midstream for companies involved in the transport, storage, and shipping of oil and related products. Based on valuation scores, Plains All American Pipeline (PAA) represents the most compelling midstream pipeline operator based on its risk-reward profile. Tomorrow, I’ll break down the company’s operations, its lofty dividend, and why focusing on the Texas oil fields is a winning strategy. Enjoy your day, [Garrett Sig] Garrett {NAME} Chief Analyst, American Markets --------------------------------------------------------------- [] Reclusive California Tech Wiz Reveals... the Perfect AAPL Trade [Apple products]( [See the reveal of this remarkable system]( --------------------------------------------------------------- [] [] Reclusive California Tech Wiz Reveals... the Perfect AAPL Trade [Apple products]( [See the reveal of this remarkable system]( --------------------------------------------------------------- [] [] [] Is Bitcoin Now Becoming a Currency of War? [Bauer Pic]Dear Investor, The noose continues to tighten - for the Ukrainian capital Kiev, but also for the Russian economy. Following the global sanctions against Russia, Russian banks are going bust, there are more and more voices calling for Russian shares to be removed from the indices and the ruble from the world currency system, and Germany is seizing the first mega-yachts from oligarchs. Russian Armored Cars With Daimler Participation German firms have historically done good business with Russia. Until a few days ago, Daimler held a 15% stake in the Russian company Kamaz, which among other things manufactures armored cars that are now being used in Ukraine. But now leading business representatives of Germany are already talking about a complete shutdown of Russian business. "You Can't Do Business With This Regime Anymore" Oliver Hermes, the chairman of the Committee on Eastern European Economic Relations, was one of the first to initiate a trend-setting debate now: "It is currently less about the sanctions and their consequences, but about the question of whether or not we will still have economic relations with Russia to any significant extent in the future." Siegfried Russwurm, the president of the Federation of German Industries (BDI), goes a step further: "Many responsible people have told me very clearly with regard to Russia: you can't do business with this regime anymore." There has never been such a large-scale withdrawal from an economic partner as Russia in history. More and more foreign companies are announcing that they will abandon their branches in Russia. Trade in Cryptocurrencies in Russia is on the Rise Russia just can't do without capital. Following the exclusion of quite a few Russian banks from the international payment system SWIFT, trade in cryptocurrencies has increased in Russia. But if Russia wants to circumvent the sanctions with this, it has a problem: Transactions with bitcoin and similar coins are anonymous, but they can be tracked. In addition, no economy has yet been able to switch completely to cryptocurrencies. In conclusion, Putin may win the war against Ukraine, but economically his country will emerge as a loser. In addition to an oil and gas embargo, I can imagine a future restriction on cryptocurrency trading. Best regards, [Bauer Sig] Dr. Gregor Bauer Chief Analyst, European Markets [] --------------------------------------------------------------- [] [] Is Bitcoin Now Becoming a Currency of War? [Bauer Pic]Dear Investor, The noose continues to tighten - for the Ukrainian capital Kiev, but also for the Russian economy. Following the global sanctions against Russia, Russian banks are going bust, there are more and more voices calling for Russian shares to be removed from the indices and the ruble from the world currency system, and Germany is seizing the first mega-yachts from oligarchs. Russian Armored Cars With Daimler Participation German firms have historically done good business with Russia. Until a few days ago, Daimler held a 15% stake in the Russian company Kamaz, which among other things manufactures armored cars that are now being used in Ukraine. But now leading business representatives of Germany are already talking about a complete shutdown of Russian business. "You Can't Do Business With This Regime Anymore" Oliver Hermes, the chairman of the Committee on Eastern European Economic Relations, was one of the first to initiate a trend-setting debate now: "It is currently less about the sanctions and their consequences, but about the question of whether or not we will still have economic relations with Russia to any significant extent in the future." Siegfried Russwurm, the president of the Federation of German Industries (BDI), goes a step further: "Many responsible people have told me very clearly with regard to Russia: you can't do business with this regime anymore." There has never been such a large-scale withdrawal from an economic partner as Russia in history. More and more foreign companies are announcing that they will abandon their branches in Russia. Trade in Cryptocurrencies in Russia is on the Rise Russia just can't do without capital. Following the exclusion of quite a few Russian banks from the international payment system SWIFT, trade in cryptocurrencies has increased in Russia. But if Russia wants to circumvent the sanctions with this, it has a problem: Transactions with bitcoin and similar coins are anonymous, but they can be tracked. In addition, no economy has yet been able to switch completely to cryptocurrencies. In conclusion, Putin may win the war against Ukraine, but economically his country will emerge as a loser. In addition to an oil and gas embargo, I can imagine a future restriction on cryptocurrency trading. Best regards, [Bauer Sig] Dr. Gregor Bauer Chief Analyst, European Markets --------------------------------------------------------------- [] [] “STOP WASTING TIME SEARCHING FOR DAILY TRADES…” Let a notorious 20-year trading veteran do it for you! Every morning for the last few months, this pro trader has been quietly sending out a list of his favorite high-potential stock picks to a small, select group of successful traders… And [open enrollment is still available to the public.]( A rare opportunity for everyday traders just like you! Every day, before the market even opens, you could be receiving this legendary trader’s personal “hot sheet” of top stock picks for the day. Stocks that have the highest probabilities of moving 5% to 10% in just a couple of hours each trading day. Giving you, starting as soon as tomorrow, a shot at making $490 (or more) every single day the market is open. All by simply trading off the same watch list of this seasoned professional trader. But you have to move fast… we don’t know how long this opportunity for the general public to join will last. [>>CLICK HERE NOW TO SIGN UP]( --------------------------------------------------------------- [] [] [] “STOP WASTING TIME SEARCHING FOR DAILY TRADES…” Let a notorious 20-year trading veteran do it for you! Every morning for the last few months, this pro trader has been quietly sending out a list of his favorite high-potential stock picks to a small, select group of successful traders… And [open enrollment is still available to the public.]( A rare opportunity for everyday traders just like you! Every day, before the market even opens, you could be receiving this legendary trader’s personal “hot sheet” of top stock picks for the day. Stocks that have the highest probabilities of moving 5% to 10% in just a couple of hours each trading day. Giving you, starting as soon as tomorrow, a shot at making $490 (or more) every single day the market is open. All by simply trading off the same watch list of this seasoned professional trader. But you have to move fast… we don’t know how long this opportunity for the general public to join will last. [>>CLICK HERE NOW TO SIGN UP]( --------------------------------------------------------------- [] [] Article Recap - [Now OPEC Has Done It](#i572731) - [Is Bitcoin Now Becoming a Currency of War?](#i572028) - [“STOP WASTING TIME SEARCHING FOR DAILY TRADES...”](#156389) --------------------------------------------------------------- [] Article Recap - [Now OPEC Has Done It](#i572731) - [Is Bitcoin Now Becoming a Currency of War?](#i572028) - [“STOP WASTING TIME SEARCHING FOR DAILY TRADES...”](#156389) --------------------------------------------------------------- [] © 2022 Godesburg Financial Publishing, Inc. DISCLAIMER: COMMUNICATIONS FROM GODESBURG FINANCIAL PUBLISHING (GFP) ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY – NOT INVESTMENT ADVICE: GFP and all the services it offers are for educational and informational purposes only and should NOT be understood to be securities-related offers or solicitations. None of GFP’s communications should be considered or used as personalized investment advice. GFP recommends that you speak with a licensed professional before making any investment decision. RESULTS PRESENTED ARE NOT NECCESSARILY TYPICAL OR VERIFIED: GFP communications may include information regarding the historical trading performance of gurus in their services (all verified by a third party), as well as testimonials of non-employees depicting profitable investments and trades that are believed to be true based on the representations of the persons providing the testimonial of their own free will. Please be aware that the claims regarding investing or trading results of non-employees are not tracked by GFP nor can they be verified. As always, past performance is not necessarily indicative of future results. Therefore, results presented in this email should NOT be considered TYPICAL. Actual results can and will vary based on everything from experience, ability, risk mitigation practices, and market volatility... to the amount of money exposed in the investment or trade. Investing and trading are speculative and carry serious risk. You may lose some, all - or possibly more - than your original investment or trade. GODESBURG FINANCIAL PUBLISHING IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER: GFP, including its owners and employees, are NOT registered as securities broker-dealers, brokers, or any sort of registered investment advisors with the U.S. Securities and Exchange Commission, any state securities regulatory authorities, or any self-regulatory organizations. GODESBURG FINANCIAL PUBLISHING EMPLOYEES MAY HOLD SECURITIES DISCUSSED: If a writer holds any securities in a communication, it will be disclosed along with the information on the potential investment or trade. HIR, its owners or employees, have not been - or ever will be - paid by the issuer of a security mentioned in our services or communications. GFP, its owners and employees are paid entirely or in part from commissions based on sales of their services to subscribers. For more information, please visit [our disclaimer page here.]( Sent to: {EMAIL} [Unsubscribe]( Godesburg Financial Publishing Inc., 251 Little Falls Drive, Wilmington, DE 19808, United States [] © 2022 Godesburg Financial Publishing, Inc. DISCLAIMER: COMMUNICATIONS FROM GODESBURG FINANCIAL PUBLISHING (GFP) ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY – NOT INVESTMENT ADVICE: GFP and all the services it offers are for educational and informational purposes only and should NOT be understood to be securities-related offers or solicitations. None of GFP’s communications should be considered or used as personalized investment advice. GFP recommends that you speak with a licensed professional before making any investment decision. RESULTS PRESENTED ARE NOT NECCESSARILY TYPICAL OR VERIFIED: GFP communications may include information regarding the historical trading performance of gurus in their services (all verified by a third party), as well as testimonials of non-employees depicting profitable investments and trades that are believed to be true based on the representations of the persons providing the testimonial of their own free will. Please be aware that the claims regarding investing or trading results of non-employees are not tracked by GFP nor can they be verified. As always, past performance is not necessarily indicative of future results. Therefore, results presented in this email should NOT be considered TYPICAL. Actual results can and will vary based on everything from experience, ability, risk mitigation practices, and market volatility... to the amount of money exposed in the investment or trade. Investing and trading are speculative and carry serious risk. You may lose some, all - or possibly more - than your original investment or trade. GODESBURG FINANCIAL PUBLISHING IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER: GFP, including its owners and employees, are NOT registered as securities broker-dealers, brokers, or any sort of registered investment advisors with the U.S. Securities and Exchange Commission, any state securities regulatory authorities, or any self-regulatory organizations. GODESBURG FINANCIAL PUBLISHING EMPLOYEES MAY HOLD SECURITIES DISCUSSED: If a writer holds any securities in a communication, it will be disclosed along with the information on the potential investment or trade. HIR, its owners or employees, have not been - or ever will be - paid by the issuer of a security mentioned in our services or communications. GFP, its owners and employees are paid entirely or in part from commissions based on sales of their services to subscribers. For more information, please visit [our disclaimer page here.]( Sent to: {EMAIL} [Unsubscribe]( Godesburg Financial Publishing Inc., 251 Little Falls Drive, Wilmington, DE 19808, United States