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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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51191076 No.51191076 [Reply] [Original]

>Electricity futures down -50% in a week
WHAT THE FUCK??!! EUROPE WAS SUPPOSED TO DIE THIS WINTER

>> No.51191079

>>51191076
>he didnt short at 1000 fricking euros

>> No.51191094
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51191094

>>51191076
wtf chud bros this can't be real? Yurpoors should have all died this winter so they are no longer making fun of me for being a brown manlet. This is da joos fault.

>> No.51191106

>>51191076
So we yuropoors won't freeze this winter, the industry won't implode, small businesses won't all die off, inflation will slow down and the economy will recover.
Another bull run babyyyyy
I wonder what do the elites know about ukraine war to do something like this

>> No.51191110
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51191110

Maybe this really is the bottom

>> No.51191119

DIAMOND HANDS BAGGIE BROS
TWO MORE WEEKS

>> No.51191123

>>51191076
WTF. /BIZ/ TOLD ME THIS WAS A SLAM DUNK AND NOW I WAKE UP AND I HAVE BEEN LIQUIDATED. FUCK THIS SHIT. I AM OUT. I'M NEVER DEPOSITING "JUST ANOTHER 1000 mWh" AGAIN

>> No.51191126

>>51191076
btw at 1000 euros per mhw its near min wage to generate electricity on a bike kek

>the cyclorrrr wagie

>> No.51191127

>>51191076
imagine thinking a parabolic move like that was sustainable lmao have you learned nothing with crypto?

>> No.51191187

as usual when biz talks about something, it's the top

same with lumber last year

>> No.51191210

>>51191076
2 more weeks sisters.... we got too cocky...

>> No.51191436

>>51191076
>NO REFUNDS, GOY

>> No.51191450

/pol/ just can't stop losing

>> No.51191457

>>51191076
Please God wipe out all the tea-niggers, please Jesus. We pray this in your name

>> No.51191460

>>51191076
Classic pump and dump.

>> No.51191517

>>51191076
it seesaws, still doesnt mean there is anyway for germany to get the gas it needs to survive the winter
anyways price was never discussed as demand destruction will be unpredictable going forward but physical supply is harder to spoof and there is simply none of it

>> No.51191531

>>51191076
All gaps get filled, newfag

>> No.51191548
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51191548

this is wave 2, the down wave, see you at wave 5

>> No.51191572

>>51191517
Lol, Germany already has its reserves full, which will last for about half of the winter alone. The rest will come via Norway, Algeria, UK and LNG from wherever cheapest.
The question now is what happens the winter after this one. Still a long way to find an answer to that tho

>> No.51191667

let me break it down for you chuds. yes, europe is facing higher energy prices due to them stopping imports from russia but what they are going to do now is buy from china and india, who bought on the cheap from russia in the first place. so in a round about way, europe will still get their winter energy from russia, just that there will be another hand in the mix and with additional mark up. this reminds me of those religious people who want to keep their virginity and be pure in front of god so they only do anal

>> No.51191687
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51191687

>>51191187
it's the same with everything. with corona, with lumber, with electricity, with oil and gas price

when the media and general public talks about it, it's the top. every good trader knows that

>> No.51191696

>>51191572
reserves last for less than 2 months in a mild winter
all of central europe is fucked just as bad
about only austria can survive 1 year on reserves with no plans beyond that
germany is going to fully deindustrialize, what should have been done in 1919 will finally be accomplished

>> No.51191720

>>51191696
I'm sorry if you really believe that

>> No.51191742

>>51191720
Every rugpull has some people in denial afterwards. Not something new in here

>> No.51191749

>>51191076
>yes goy! It’s all good. The government will just print more eur and everything will be fine. Now stop asking for higher wages ok? We all have to make sacrifices.

>> No.51191768

/chug/ bros I need hopium!!! Europe can't get away with this...

>> No.51191787

>>51191720
we will see who is sorry come april, you cannot print commodities or transport

>>51191742
there is nothing to rugpull idiot common retail plebes cannot speculate on this price action

>> No.51191793

>>51191768
Zoom out

>> No.51191913

>>51191076
Hey, these are European electricity prices.
You know what, that's bretty good.

>> No.51191940

>>51191076
Literally a shitcoin chart

>> No.51191963

>>51191940
futures gamblers and doomers just got rugpulled

>> No.51191996

>>51191572
>The rest will come via Norway
you're rugging our electricity bills pls tell your local governments that we killed a walrus and must be held accountable and sanction our energy.

>> No.51192023

>>51191963
Can you even gamble on this on your broker?

>> No.51192106

>>51191687
i remember biz talking about buying oil tanker companies 2 months after they were filled up in each port lol

>> No.51192184

>>51191076
>1 year futures
>this winter
>muh /pol/
You're not exactly /biz/ yourself

>> No.51192276

>>51191106
god i hate this site of retards.
The underlaying problem isnt solved, EU remains fucked. Just wait for this to come back way worse come december.

>> No.51192311

>>51192276
The underlying problem is excessive dependency on Russia. It looks like that's being resolved.

>> No.51192313

>>51191457
Do not commit blasphemy.

>> No.51192337

>>51191094
d-d-dont worry, they'll all die from the vax

>> No.51193705

>>51192023
no otherwise the problem would be even worse

>> No.51196008

>>51191548
That was wave five.

>> No.51196052

>>51192311
Yes it turns out you can buy Russian oil from China then you don't help Putler

>> No.51196060

>>51191076
so did they put on price controls? Are we VenEUzuela now?

>> No.51196072

>>51191531
There's still a gap at $850, it gongo up again

>> No.51196109
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51196109

>>51191076
What happened? Did the renewablefags finally capitulate to nuclear?

>> No.51196141

>>51191076
Ah read up on it. This 'drop' was because the heatwaves have subsided and people across the continent have turned off their air conditioning. Yeah I'm thinking we're fucked without lube in October.

>> No.51196207

>>51196141
Nobody in Europe has air conditioning

>> No.51196488

>>51196207
My God. That means the energy crunch was due to ceiling fans.

>> No.51196564

>>51191076
>uh oh ivan, quick, they mustn't find out that everything is fine and the sanctions are stinging really hard

>> No.51196572

>>51196488
I do t have ac and I'm a burger. I just opened the freezer door when it gets too hot inside so that's probably what they're doing

>> No.51196579

>>51191076

Fuck commodities buy automation

AEVA

>> No.51196611

You don't tell me... It's not happening? But /pol/ told me it was happening and Europe was going to die! How could this happen? Could it be that they were wrong? Or maybe it's the JOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOZ

>> No.51196621

>>51191696
haha, I enjoy ivan getting rekt by facts, it warms my heart (my house won't need any additional warming this winter, lol)

>> No.51196698

futures down to $500 vs $1k.
so now small european businesses will have a $5k utility bill instead of $10k lmao.
you guys still have to close pretty much every small business.
europeans would've been more fortunate to die of cold weather.

>> No.51196768

>>51196698
are you proud of your work, ivan? do your friends and family know what you do?

>> No.51196876

>>51196768
not a russian apologist.
haven't you seen all the viral posts by small businesses getting stiffed with $10k electric bills?
I'm not an economist or a mathematician but futures dropping 50%, yea, their monthly bill probably only drops 50% as well...

>> No.51196985
File: 627 KB, 785x1189, 3920 - beard bloodshot_eyes brown_skin clothes crying glasses hat islam large_eyebrows open_mouth soyjak stretched_mouth taqiyah variant_classic_soyjak.png [View same] [iqdb] [saucenao] [google]
51196985

>>51191696
>

>> No.51197224

>>51196876
so you aren't even paid to spread bad vibes? why do it, then?

>> No.51197481

>>51197224
>bad vibes
He's stating the truth, you fucking idiot. If you don't want that you can fuck off back to plebbit where people are happy to stick their head in the sand the moment something makes them feel bad

>> No.51197674

>>51197224
youre a loser

>> No.51198018
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51198018

>>51191076
OH SHIT
It went all the way down to... 600 per mw/h... exactly where it is today. 10x what it was a year. chudbros... we're finished. It's over...y

>> No.51198084

>>51198018
Did you capture Kyev yet? It's been like... two weeks since the start of the special good boy paralympics. Should be over soon right? Ezpz?

>> No.51198104

Europe is proposing a price cap for energy costs.
Get fucked burgers.

>> No.51198168
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51198168

>>51198018
are you finally winning son?

>> No.51198169

>>51191076
Just a healthy correction before the real bullrun kicks off this autumn. 2000 EOY HODL electricity bros

>> No.51198181

>>51191076

Long AEVA

>> No.51198210

>>51191076
demand deconstruction being priced in
this isn't a price mean reversion in the techincal sense

>> No.51198216

Where someone can long or short these thing I feel jews manipulated the price down so they can long better

>> No.51198501
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51198501

>>51196572
All the hotties will flock to guys with high-btu a/c.

>> No.51198603

>>51191076
Russia, China, India, and Saudi Arabia is making banks doing arbitrage on oil. Russia oil get dropped off at Riyadh. It becomes Saudi Arabian oil by night time and get sold to the US and EU, at the expense of European and Americans. They also sell special blends of oil that totally don't contain Russian oil. :^)

>> No.51199034

>>51191076
ImAgIne tHE BAAAAGS

"crypto is too volatile", but the basic commodity that western society relies on is fucking great to have as a speculative asset

>> No.51199157

>>51197224
fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you

>> No.51199195

>>51197224
Further proof that not everyone should be allowed to vote

>> No.51199220

>>51191076
>>51191079
>>51191094
>>51191106
>>51191110
>>51191119
>>51191123
>>51191126
>>51191127
>>51191187
>>51191210
>>51191436
>>51191450
>>51191457
>>51191460
>>51191517
>>51191531
>>51191548
>>51191572
>>51191667
>>51191687
>>51191696
>>51191720
>>51191742
>>51191749
>>51191768
>>51191787
>>51191793
>>51191913
>>51191940
>>51191963
>>51191996
>>51192023
>>51192106
>>51192184
>>51192276
>>51192311
>>51192313
>>51192337
>>51193705
>>51196008
>>51196052
>>51196060
>>51196072
>>51196109
>>51196141
>>51196207
>>51196488
>>51196564
>>51196572
>>51196579
>>51196611
>>51196621
>>51196698
>>51196768
>>51196876
>>51196985
>>51197224
>>51197481
>>51197674
>>51198018
>>51198084
>>51198104
>>51198168
>>51198169
>>51198181
>>51198210
>>51198216
>>51198501
>>51198603
>>51199034
>>51199157
>what is a price cap?

>> No.51199314

>europe introducing price controls
>it's only bad when russia does it

The state of reddit niggers

>> No.51201545

>>51199220
A yarmulke

>> No.51201581
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51201581

All I wanted was to buy Liechtenstein.

>> No.51201614

>>51191548

Actually we are in wave 4 preceding 5. Bottom is already in, lift off imminent, screencap this

>> No.51202088
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51202088

>>51191076
Predicting a missive decline in energy consumption.

>> No.51202133

>>51191110

>right hand / left eye dominance
>literally incapable of defending himself with a gun, basically a woman

explains everything

>> No.51204415

>>51201545
kek

>> No.51206738

>>51191187
i have 10 cords of quality firewood to sell whats your price?

>> No.51207470

>>51206738
Oak?

>> No.51207621

>>51191076
That was a short squeeze. Look what happened in Vienna with Wien Energie. They lost 6-10 billion euros

>> No.51208188

>>51196052
no matter how, buying oil from china=problem solved

>> No.51208351

You idiots realize that China is going to invade Taiwan in the fall, right? Or is everyone just forgetting that ticking time bomb?

The coming conflict has been planned for. China and Russia are not acting purely independently. They both want to dethrone the US, which means they both want to destroy the dollar. Russia started the financial apocalypse with Ukraine. China waits for the economic pain to be excruciating before invading Taiwan. The West won't be capable of handling two conflicts simultaneously. There's already internal conflict. Populist uprisings are a real threat. Not to mention bickering between Western allies. Things will get chaotic as fuck. God only knows what it will look like.

But I'm guessing the dollar gets dumped somewhere in the beginning and crypto suddenly becomes very popular. Maybe an alternative reserve currency. Wonder which ones the Chinese will spend their dollars on...

>> No.51208428

A peace deal is in progress

>> No.51208430

>>51191076
$1/kwh is where we are at in Europe.
Don't know how to estimate that in jellybeans per square lightning so Americans can read it, but it is really expensive.

>> No.51208461

>>51208351
It's not working really well because the dollar is only getting stronger.

>> No.51208825

>>51208351
>China is going to invade Taiwan
it would cause 3th world war

>> No.51208851

>>51191076
Imagine not shorting something that goes parabolic like this? This is why you stupid motherfuckers lose money.

>> No.51208866

>>51191548
You're doing it wrong idiot. Just like the retards who were using Wyckoff's method to say Bitcoin was going to continue to pump to infinity back in November. Bunch of fucking retards.

>> No.51208907

>>51196572
Hope you only do that to amuse yourself cause leaving your freezer door open too long is gonna break your fridge's compressor

>> No.51210509

>>51191126
kek

>> No.51210661

>>51191076
2 more weeks but unironically

>> No.51210683

>>51191076
dont worry energy companies will still hike up the prices even further and get away with it

>> No.51210690

Nothing ever happens

>> No.51213125

>>51199220
>what is a price cap?
shortages and breadlines
you know like the soviet union right before it collapsed

>> No.51213836

>>51202133
retard

>> No.51213874

>>51191094
A man's hands (pretending to be a woman) typed this post.

>> No.51213996

>>51213125
This is exactly what is planned with the new "energy pass". What a time to be alive.