Global supply chains are highly interconnected and vulnerable to cascading failures when key chokepoints (like the Strait of Hormuz) are disrupted, as demonstrated by how oil shortages can trigger food shortages, economic instability, and geopolitical tensions simultaneously.
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Added:Friends, the crises that we are seeing are coming together at one epicenter coming soon. It's days, not weeks until we're going to be seeing something that Americans haven't seen in generations.
Uh we're seeing these crisis coming together. We're going to talk through u just the oil shortage is about to hit us. Uh we've been suppressing the price of oil so much so that all of our oil has been going overseas and now there just isn't enough at home. The refineries are starting to struggle to pull in those reserves. We're going to talk about that. We're going to talk about uh this Israeli false flag. Israel is super unhappy with this ceasefire over in the Middle East. They are motivated like no one else in order to remind the United States, as they put it, who their allies are and who their enemies are. So, expect an Iranian Iranian attack on the United States. We got the Fourth of July weekend coming up, which is a target of all targets.
Uh, we got a lot of stuff happening.
We're going to have a food shortage this fall, and at some point, the market's going to figure that out. They're going to figure out the oil shortage about the same time and that could be happening here in the next week. We have a major uh date happening today uh where oil futures are trading for the last day. We got a lot happening this week and I know everyone's getting ready for the 4th of July and they they want to check out, they want to go on vacation, they want to do all this stuff, but hopefully you guys are getting prepared out there for what's about to happen, stocking up and getting all that. We're going to walk you through all of that stuff point by point and uh give you give you a good idea of what's going to happen next. But friends, before we get into all that, I want to give you a quick update on something I've been hearing from a lot of you guys. I've been hearing from a lot of you guys about how you've made the call to chapter to have them review your Medicare coverage and what you found is that uh you wish you had called sooner because they're able to save you money or get you onto a better plan. Uh that's a big deal. Chapter covers 24,000 Medicare plans. That's all the Medicare plans across the country. Uh most uh advisors out there only give you a portion of them, but med u chapter will allow you to see all of them. And the plans change every year. So it might have been the good plan for you last year, but maybe not this year. Chapter is independent. It's the only Medicare company advisor that compares all of the plans. They'll ask you about your doctors, your prescriptions, what's matters to you, and they'll show you the full picture. Uh if you're on the right plan, they'll let you know. and you'll have peace of mind. If you're not, they'll be able to show you maybe a better plan. On average, folks who switch with Chapter save $1,100 per year. What would you do with $1,100?
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All right. So, let's walk you through all of the different crises out there that we're looking at. Uh we can't walk you through all of them, right? But most of them, the big ones that are happening July 4th, uh it's kind of a big one.
It's the 250th anniversary of the United States. There's a whole bunch of celebrations happening. There's music conferences. Washington DC is going to be packed. And there's a lot of people in Washington DC that don't really like President Trump. Are they going to be acting out? Uh they're sabotaging the uh the Lincoln Memorial u reflecting pond pool. And uh if they think that they won't do any attacks on um patriotic Americans, I don't know what country you're living in. Uh have you been under a rock for a while? They're violent and they absolutely nothing drives them more crazy than somebody with a smile on their face and American flag on their shirt except maybe a Make America Great H again hat. Are you going to see some of those out there this weekend?
Probably.
And will some people flip uh flip out?
Possibly. Now, I'm not so much concerned about individuals doing stupid stuff. Uh but that's something you need to be aware of for your safety, your security.
If you go out into a crowd or if you go to somewhere where there might be um urban people, keep your head on a swivel. Make sure that you are protecting yourself and those around you as best you can.
Israel is super unhappy with this deal out there. They have been forced to stop their uh reprisal attacks on Hezbollah.
Hezbollah has been raining missiles down into Israel. And Israel's finally had enough of it. And he's like, "We're going to go up into Lebanon and deal with Hezbollah once and for all." And uh the United States said, "You will stop."
And they said, "We're defending ourselves. What do you mean we're gonna stop?" and is United States has has told them you stop or else bad things will happen to you. You will lose your best ally. And this has Israel understandably upset. Okay, this is I'm not talking about the government right now. The government is upset, but the people of Israel are upset. Uh they are very upset at the government, their government for agreeing to this and they're very upset at the United States government for forcing this. And there's been a whole bunch of pundits out there basically speculating that the United States needs to be hit right in the face by Iran in order to be reminded who their friend is and who their enemy is. And MSAD has a reputation out there for helping countries decide which side they're on.
and uh Fourth of July weekend. They need to make this happen as quickly as possible, but it cannot be tied back to the Israel. It's got to be at least hard enough for people to figure out that it was Israel uh so that they have some plausible deniability, but they need this to force the end to the uh the the negotiations over in the Middle East.
they need to get this uh ceasefire done away with. And so I I really do think that there is a high probability. I don't have any information other than to see that it is very much in their self-interest to carry out this attack, but they can't get caught. That's the big one. So they need to sabotage the peace talks, but they can't have their fingerprints all over it. So what's that going to look like? It's going to look like a good false flag. Uh, a lot of people talking about that talks will have to come to an end. Uh, Iran thinks that they're negotiating from the position of strength. President Trump thinks he's negotiating from a position of strength and that doesn't make for good negotiations. Uh, both sides absolutely are unwilling to compromise on key points and okay, they're talking, but they're not actually listening. Neither side's listening. And this is going to really cause some problems. Now, President Trump has done a fantastic job along with other allies out there in keeping the price of oil down, which is great for American consumers. And and I know some people have been hearing me talk about it a little bit frustratedly. And and at first it would seem like, well, what?
You want oil prices to go up? You want gasoline prices to go up? Well, yes.
when you have a shortage, you need the price to go up so that you don't have like like empty shelves but for gasoline. Uh we're coming up on a day because they've suppressed the price for so long and we're subsidizing the world with our oil. Italy, I'm sorry, um Japan is going to stop pumping oil out of their strategic petroleum reserve in a matter of days. Europe is going to start running out of oil out of their strategic petroleum reserves. They're going to stop pumping. Where's the oil going to come from? Oh, there's oil coming from the straight of Hormuz. I'm sorry, but when you're running 5 to 10% of the uh the previous uh movement of oil, that is not exactly going to u uh stop the crisis. Okay, the straight of hormones needs to be fully open. And not only that, but they need to actually send twice as much oil through the straight of Hormuz than they normally do. And they need to do that for like a month to two months straight.
But the fact is that we're seeing flows in the 10% range over the past week of what it was before. And yet somehow we're supposed to be believing that that's going to fix all of the problems that the problems are solved. They're negotiating. There's hopes of a peace talk, but the strait's closed. It's functionally closed. Yes, a few super tankers have gotten through. Hurrah. But this is a waterway in which tankers seem to be going through all the time. It It can't be news that a super tanker got through. It can't be news that three super tankers got through. It needs to be news that every day 30 super sankers are getting through or actually more than normal. Uh so 60 need to be getting through each day and we're not seeing anywhere close to that. And that means that the United States is going to have some hard choices. At some point, we need to either need to stop exporting oil and we need to keep all of the oil for ourselves in the United States and we need to um uh to keep some shortages, but that's going to spike the price of oil outside the United States to levels that are going to cause nations to collapse.
Riots in the streets, protests. Um we're already seeing that in some other countries. Bolivia, uh, they're they're having riots in the streets. They're running out of food and fuel because they can't move anything around the country because everyone is so upset.
We got other countries that are on the borderline of that. And this is going to spread and we're talking about days before this happened. Uh, the largest natural liqufied natural gas facility exploded this morning. uh that is in Qatar and it's a big deal. Uh now it was damaged in the Iranian strikes on it and they thought they had fixed it and they were turning it back on because the straight of Hormuz is open. Um they were able to get a a tanker through with liqufied petroleum gas. Uh but the straits closed again.
Surprise surprise. Um, the Iranians realize that that this lever, this magic lever, whenever they pull it, they get whatever they want.
Now, when you have a North Korea type government with a religious zeal to them who have this magic lever that gets them whatever they want, do you think they're going to pull it? Uh, you better believe they're going to pull it. They're going to pull it like every day or two. Okay. They and and not only that, but it's like you got a bunch of different power brokers inside the country and each of them can pull the lever. I mean, the Islamic Revolutionary Guard can just be like, you know what, I know the political people say it's open, but like it's closed and they can just start shooting at ships. Uh what happens to the Iranian army from doing that? What happens when the political elite says let's close the straight of Hormuz? It it's a situation where where this is that straight's going to be closed more often than it's going to be open. And that's even in the best case scenario.
Russia is running out of oil. Uh we're seeing that they're running out of fuel, uh gasoline, diesel. They're not selling it to any civilians in Crimea right now.
Now, they had a number of their main storage tanks got attacked. Uh but we're also seeing in western um districts oblasts of Russia, they're running very low on diesel and gasoline as well. Uh Ukrainian strikes are working well on that. But the problem is Russia has historically exported gasoline and diesel to Europe.
Right now what's happening is the United States is supplying da gasoline and diesel to Europe. Uh we're trying to breach that. Uh so the United States refineries are operating at over 90% capacity which is full out and we're cranking out gasoline jet fuel and we're shipping them to Europe like nobody's business. Uh but we're burning through our stockpiles of oil. Now Venezuela has started exporting oil and it's going straight to US refineries and they're turning into gasoline jet fuel and sending it to Europe. But this is is not enough. There's not enough going around.
And this is all going to hit at some point. At some point, uh the markets who have been bewitched by the Trump administration are going to figure out the game. Cushing is going to print a uh tank bottoms um rate this week. I mean, they're gonna they're going to print 19 million barrels or so, and that is agreed upon.
Basically, the tank bottoms.
That's about as low as it can go operationally without starting to struggle.
And so, that's where the futures market settle the WTI contracts, which incidentally, today is the last day that they trade. So everyone who's short uh so basically a contract is someone is long somebody is short. Basically somebody short has the oil and somebody buys the oil from them on paper form while the short they're supposed to have the oil but in in reality they promise to buy the oil and they have enough cash sitting there to effectively buy the oil. The problem is they have to buy the oil at the Cushing um Cushing storage location, right, and deliver it to them there. Uh so they actually have to have the oil there in order to deliver it to the to the person that bought it. Uh if the person chooses to take physical delivery, otherwise the seller has to agree with the buyer of how much cash. So the buyer can say, "Actually, you need to pay us $130 a barrel to buy out that contract, or you have to give us the oil." And that's going to leave a person in the hard place. Uh most of these banks and speculative traders who have gone short, they're either going to have to settle that contract somehow with the buyer or they're going to have to physically deliver the oil, which doesn't exist.
And that's going to be a big problem.
And we're going to see what that looks like. Today's the last day of trading.
This is the last day that those traders can close out those shorts at least uh on the open market. Uh after that, then they're going to have to settle up with the longs uh in negotiations uh with cash or they're going to have to physically deliver the oil over the next couple weeks, which is going to be a really big problem. The oil doesn't exist. How are you going to deliver it?
And that's a situation that we're going to be having here shortly. Uh so that's going to make it for an exciting week.
Uh what we're probably going to see is the markets are going to respond very very negatively to that and the price of oil will go through the roof possibly even today already. Uh we got China.
China has not been buying oil for the past several months. China has just not been buying oil. They've dramatically reduced their purchases, but we're starting to see that they're starting to put purchases through. This is going to change the supply demand uh curve out there. Um, I think that what they've been doing is partnering with Iran to stabilize the price of oil, allowing the United States to fix the price of oil while they quietly have all their allies buying it up until we get to the breaking point at which time China can step into the market and try to buy and they will trigger a cascade of um explosive price moves on oil. Uh we have this is a setup that could very much break the financial markets. Uh I've speculated for a long time that China was going to do it with silver. Uh but they've really gotten into a position where they can do it to oil and oil is so much bigger of a market than the silver market is. If they break the futures markets, uh everyone's going to feel that. the other uh physical markets out there that that are going to break uh shortly.
Wheat, corn, rice, soybeans, these things are going to be having a major problem as more and more information comes out that uh that the prices are uh too low. The harvest this year worldwide is going to be dramatically lower than what it has was last year. There's going to be a lot less food this year grown by farmers than it was last year. And part of that's a fertilizer issue. Part of that's a fuel price. Part of that is just a matter of weather. Uh we have some really nasty weather that's really affecting a lot of countries. And this is a lot of drought in certain areas and flooding in other areas. All of this is just coming right at us. July 4th weekend is a celebration in the United States of the of the 250th anniversary of the United States. In Iran, it's going to be the funeral of Kini, the Ayatollah Kmeni.
And if you think um emotions aren't going to be high in Iran after that, they're going to be demanding that the Iranian government strike the United States and its allies across the Middle East. there's going to be a lot of anger that's going to be uh coming off of that funeral. So, that's happening this week, too. Uh now, it's going to be a little bit more of an involved uh situation, but it's interesting that they chose the 4th of July to be uh the kickoff of that uh that funeral and uh the uh the morning, national morning. So, all of this is going to be loading up this week and going into next week is going to be scary, honestly. Uh, and hopefully you guys are getting ready. Uh, hopefully you take some time to enjoy yourself a little bit, but also hopefully you guys are getting more prepared. Let me know what you guys think down in the comments down below.
If you want to get some more information from Chapter about what you uh about your Medicare plan, there's a link right there on the screen you can just tap. If you want to check out another video from this channel, there's one right up there. I'll see you over there or I'll see you guys later. Popppler of the Popppler Report
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