Hello, fellow rebel capital, soap you're well.

So it is much worse than they are telling you.

And we know this by what the oil market is telling us prudent investors that are paying attention

to what's happening in global macro. Let's go right over to an article from

CNBC and I'll show you what I am referring to specifically title of this

article US crude oil prices fall below $78 a barrel to their lowest since July. Now for those of you who might

be new to the channel you say okay so what, $78 a barrel?

I mean, is that really a big deal?

Well, let's step back for a moment and look at this

from a 30,000 foot level.

Going back, what, four or five months,

we'd have have, we've had all of these production cuts

from OPEC Plus, from Saudi Arabia, etc.

So when they were doing these production cuts, we would see a quick spike in the price,

but then it would fall right back down to a level, most often lower than when it started.

Because the market would correctly interpret this as yes we've got supply cuts

but why are they cutting supply because these let's see Saudis are plugged in to the financial insiders that we always talk about on this

channel.

They get that insider information.

They know what's happening with the global economy.

They get it.

They understand the yield curve. They realize that when

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