This week's edit was hell. You wouldn't believe the number of cuts you need to form a cult. And of course it was all loosie-goosie but somehow through it all I managed to frame some trades and provocative conjecture together on the floor of the edit room.
This week I'm mad as hell. Bewildered, traumatised by the human catastrophe in Ukraine, left exasperated by sinister political forces seeking to stymie the advance of the European carbon trading platform to advance their own selfish causes. The planet is under attack everywhere.
Which is long hand for saying that European carbon permit prices have fallen sharply on my watch.
So I man my pulpit. An uncommon occurrence, I proclaim. Rarely can one say that you can do-good and make money. The Carbon Exchange Trading Scheme has pursued truth via the price discovery system. Competing exchanges in America limit speculation, limit truth seeking activities.
The result? The precious resource of the depleted ozone layer trades for just a third of the European scheme. Same atmosphere, different price; denial does that. Truth is always the first victim.
Europe's political class teeter on the brink. States fail when they neglect to replenish their energy supply. Having allowed the region's once mighty energy reserves to dwindle to less than five years' worth, me? the Acid Capitalist, I fear the euro will spiral lower.
Energy? It's always about energy. Why is OPEC not pumping more oil demands my Chief Disciple, @writes_sweeney ? Because we shouldn't equate oil reserves with brains, I snap.
Warming to this subject, I reiterate my belief that the Dawn of Chaos will wipe out ALL dollar pegs, even that of the mighty Arab oil sultans. You see, high oil prices are DEATH to price cartels. Elaboration follows but only on the YouTube copy, the audio files less so
Why is everyone asleep? Time to take the red pills, time to wake up and seize the trading opportunities. Every wannabe hedge should take note. There's work to be done. I declare myself an intellectual psychopath, whatever could I mean? Regardless,I'm not tempted to buy Alibaba
Alibaba, the once mighty Chinese retail platform. China just published its lowest GDP growth estimate and yet all China and value experts can do is mimic monkeys. What do monkeys do? They pick bottoms...For whom the gods would destroy they first make mad. I'm not doing that.
No I'm starting a hedge fund cult. Maybe it's Cotard Syndrome, an uncommon malady were the victims believe they've died and gone to hell. I discus. It seems an apt metaphor for the last week witnessing the Russian advance on Kiev.
Contentious narratives that might form the accepted belief system of the future? Are carbon offsets the blue pills of the dozing masses? Cap and Trade is it a red pill to evade The Matrix and protect the planet's future? All come under the microscope.
There's more pain on the way, more suffering, carbon permits may trade for less than €50, but I can logically assert a value approaching €300 should European winter forward gas prices continue to surge. Imagine, only 5 years supply...Cults were formed on less
So take the reds, reject the blues...The Acid Capitalist loves his night sentinels and is off to bed... 
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