Kifarucast/ Don jr episode

[bojangles808]

Weird dynamic. Somebody who started from nothing to make it to the top and somebody who has been handed everything with a silver spoon

 

[Marble]

Look forward to listening.

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[Justin Crossley]

I've met Don Jr and will say without a doubt that he is as real and down to earth as he sounds on this podcast. Like him or not, he is the real deal and not just a mouthpiece like so many others. He says what he believes and is a great advocate for hunting, public lands, and the 2nd Amendment.

 

[dog]

“ I've met Don Jr and will say without a doubt that he is as real and down to earth as he sounds on this podcast. Like him or not, he is the real deal and not just a mouthpiece like so many others. He says what he believes and is a great advocate for hunting, public lands, and the 2nd Amendment.”

I’ve had some dealings with him as well, and this is all true. He’s also an advocate for the shooting sports.

 

[Alaskanopolis]

You would think everybody would understand that but in reality I’d put that number closer to 5% of Americans actually understanding this.

Biden, along with the general anti-fracking sentiment and capital sources have essentially aided OPEC+ in killing US shale, which allows them to withhold available production, driving up prices without fear of US shale poaching market share. Realistically, OPEC+ kept prices just low enough to scare capital out of shale until an administration unfriendly to shale was in power in the US. So, in a way, Biden may not be completely to blame for oil prices, but he's not helping with his anti-shale position. I definitely wouldn't expect people to understand this and wouldn't be smug towards those that don't.

 

[bowhuntercoop]

I listened to it while working out this afternoon. I thought it was pretty good . He’s blunt and speaks his mind, I enjoyed it.

 

[Timeless61]

I've met Don Jr and will say without a doubt that he is as real and down to earth as he sounds on this podcast. Like him or not, he is the real deal and not just a mouthpiece like so many others. He says what he believes and is a great advocate for hunting, public lands, and the 2nd Amendment.

“ I've met Don Jr and will say without a doubt that he is as real and down to earth as he sounds on this podcast. Like him or not, he is the real deal and not just a mouthpiece like so many others. He says what he believes and is a great advocate for hunting, public lands, and the 2nd Amendment.”

I’ve had some dealings with him as well, and this is all true. He’s also an advocate for the shooting sports.

Agree as well.

 

[brocksw]

Biden, along with the general anti-fracking sentiment and capital sources have essentially aided OPEC+ in killing US shale, which allows them to withhold available production, driving up prices without fear of US shale poaching market share. Realistically, OPEC+ kept prices just low enough to scare capital out of shale until an administration unfriendly to shale was in power in the US. So, in a way, Biden may not be completely to blame for oil prices, but he's not helping with his anti-shale position. I definitely wouldn't expect people to understand this and wouldn't be smug towards those that don't.

The Trump administration negotiated 2 production cuts from OPEC in 2020. This was done to stabilize prices. While you can argue speculative concerns about the Biden administrations anti fracking rhetoric influences sentiment and overall market emotion, its peanuts compared to the actual reductions in production in 2020 in terms of market impact.

Opec controls around 75% of the reserves and almost 50% of the production. Regardless of what Biden or Trump say to the media, OPEC controls the price. A couple percentage points in production cuts from OPEC has a rippling effect on global prices.

Oil prices were low in 2020 because supply far outpaced demand. So much that we had tankers full of oil sitting in our ports, we had more tankers from Saudi Arabia off our shores headed for our ports. We had every available oil storage facility full. Oil prices are up in 2021 (but not yet to precovid prices) because demand is back.

This is supply and demand economics. The presidents have very little to do with oil prices. It's a global market and we're far from the biggest player in that market.

Now, if Biden starts bombing opec countries and seizing control of oil infrastructure like was done 20 years ago by the Bush admin...then you'd have my attention.

 

[brocksw]

I've met Land Tawney, he's really down to earth and cusses too, super passionate about the outdoors as well....does that mean rokslide is gonna rationalize treating him like a decent human being too?

 

[dog]

No rationalization necessary, DT jr IS a decent human being.

 

[brocksw]

No rationalization necessary, DT jr IS a decent human being.

Sure. So is Land Tawney.

 

[gelton]

The Trump administration negotiated 2 production cuts from OPEC in 2020. This was done to stabilize prices. While you can argue speculative concerns about the Biden administrations anti fracking rhetoric influences sentiment and overall market emotion, its peanuts compared to the actual reductions in production in 2020 in terms of market impact.

Opec controls around 75% of the reserves and almost 50% of the production. Regardless of what Biden or Trump say to the media, OPEC controls the price. A couple percentage points in production cuts from OPEC has a rippling effect on global prices.

Oil prices were low in 2020 because supply far outpaced demand. So much that we had tankers full of oil sitting in our ports, we had more tankers from Saudi Arabia off our shores headed for our ports. We had every available oil storage facility full. Oil prices are up in 2021 (but not yet to precovid prices) because demand is back.

This is supply and demand economics. The presidents have very little to do with oil prices. It's a global market and we're far from the biggest player in that market.

Now, if Biden starts bombing opec countries and seizing control of oil infrastructure like was done 20 years ago by the Bush admin...then you'd have my attention.

The one thing that you missed here is the elephant in the room and that is the Federal Reserve. You can throw supply and demand out of the window when you have a Federal Reserve that has the rights to counterfeit money on a whim.

Everyone pointing fingers at this party or that are buffoons...and this is what the Occupy movement missed entirely.



Edit - I consider myself as a bit of a buff when it comes to the history of money and when you have a central printing press that literally expands monopoly money when it wants, market dynamics are irrelevant.

Do you think that during the hyperinflationary event in the Weimar Republic, when people were burning Deutschmarks because it was cheaper than buying firewood or using their paper money as wallpaper instead of buying the actual wallpaper was because of supply and demand dynamics?

And speaking of OPEC, the day when the petro dollar dies, which, no, reserve currency lasts forever, is the day that our reckoning will come.

Our US debt is at $28 Trillion dollars...if you counted to 28 Trillion and it took one second for each number, you would be counting for 887,000 years...it will never be paid back.

The chart below looks kind of similar...

 

[brocksw]

The one thing that you missed here is the elephant in the room and that is the Federal Reserve. You can throw supply and demand out of the window when you have a Federal Reserve that has the rights to counterfeit money on a whim.

Everyone pointing fingers at this party or that are buffoons...and this is what the Occupy movement missed entirely.

View attachment 303371

Oil and oil prices are supply and demand driven. Even stunted short term growth and a decrease in investment will have minor effects on oil prices.

I agree though. The Fed is far too powerful and often acts on political pressure when making significant decisions that will affect current and future Americans. QE is their magic pill.

 

[Justin Crossley]

I've met Land Tawney, he's really down to earth and cusses too, super passionate about the outdoors as well....does that mean rokslide is gonna rationalize treating him like a decent human being too?

How is Jr not a decent human? I'm assuming you must have some first hand knowledge?

I've also met Land and I do believe he's a decent guy. I also disagree with some of the things he supports. Doesn't give me a reason to dislike him or treat him any other way than decent.

Seems like you don't care for Don Jr and that's OK. It doesn't change the fact that he's given a lot of his time and money to support things I also support like the 2nd amendment. His points on the podcast about us all fighting each other instead of the antis were spot on.

 

[brocksw]

How is Jr not a decent human? I'm assuming you must have some first hand knowledge?

I've also met Land and I do believe he's a decent guy. I also disagree with some of the things he supports. Doesn't give me a reason to dislike him or treat him any other way than decent.

Seems like you don't care for Don Jr and that's OK. It doesn't change the fact that he's given a lot of his time and money to support things I also support like the 2nd amendment. His points on the podcast about us all fighting each other instead of the antis were spot on.

Where did I say DJ wasn't a decent human? I don't know and have never met the guy.

 

[gelton]

Oil and oil prices are supply and demand driven. Even stunted short term growth and a decrease in investment will have minor effects on oil prices.

I agree though. The Fed is far too powerful and often acts on political pressure when making significant decisions that will affect current and future Americans. QE is their magic pill.

I disagree. Why do you think it's called the PetroDollar and why do you think we have been fighting Saudi Arabia's wars for the last 50 years?

The value of the dollar is directly related to the value of commodities. Why do you think food, lumber, corn, soy, and oil are rising at nearly the same rate?

Sure, the dollar index looks relatively stable but when the entire basket of currencies are falling at the same rate, it just hides the game that is being ran on you.

Inflation is the hidden tax that funds government, their corporate masters, and the war machine.

 

[ryjack70ss]

Where did I say DJ wasn't a decent human? I don't know and have never met the guy.

Post #29 kind of seems that way.

I’ll give it a listen.


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[brocksw]

I disagree. Why do you think its called the Petro Dollar and why do you think we have been fighting Saudi Arabias wars for the last 50 years?

The value of the dollar is directly related to the value of commodoties. Why do you think food, lumber, corn, soy and oil are rising at nearly the same rate.

Sure, the dollar index looks relatively stable but when the entire basket of currencies are falling at the same rate, it just hides the game that is being ran on you.

Inflation is the hidden tax that funds government, their corporate masters and the war machine.

I know we've been fighting Israel's wars for the last 50 years. We've been selling the Saudis weapons to bomb places like Yemen into the ground.

I don't necessarily disagree with the rest if what you're saying. But part of it is what it is. Its like my grandpa says. When the time comes, a sack of potatoes will be worth more than a sack of gold. Until then...what are you going to do? Sit in the corner and pout? Not save? Not work? Not play the game? That's about the only choice you have.

The original point was the podcast blaming Biden for increasing prices. Up to this point...that is false.

 

[gelton]

I know we've been fighting Israel's wars for the last 50 years. We've been selling the Saudis weapons to bomb places like Yemen into the ground.

I don't necessarily disagree with the rest if what you're saying. But part of it is what it is. Its like my grandpa says. When the time comes, a sack of potatoes will be worth more than a sack of gold. Until then...what are you going to do? Sit in the corner and pout? Not save? Not work? Not play the game? That's about the only choice you have.

The original point was the podcast blaming Biden for increasing prices. Up to this point...that is false.

Have you ever considered that the reason why we are fighting Isreal/Suadi Arabia's wars is so that we could keep the petrodollar intact?

I am not pouting, I am waiting to pounce...more millionaires were created during the great depression than at any other time in American History.

And I own a small farm too so I am good on potatoes

 

[HaydenLane]

I was hoping for more hunting talk and more

I keep hearing and reading about how Jr. is the real deal. I’m not calling anyone, especially Aron, a liar on that. I just wanted some actual hunting or technical talk to be able to make that judgement for myself.

I also would’ve liked some more specifics on what Trump did to benefit hunters while in office. It was vaguely referenced and glossed over. According to most of the info out there, it seems like sportsman were an afterthought to industry. Jr. did little to refute that. None of this is remotely new or unique, just more of the same. For the talk about how good it was to have a hunter that close to the president, I’d like to listen to some discussion on what the actual benefit was.