Topic: Oil Sales

2 chapters across the catalog

Celente warns that at least 30 banks are currently ready to default, citing the work of Pam Martens at Wall Street on Parade. He notes that retail sales are flat while gas prices are rising, which will eventually crash the equity markets. He predicts oil will spike above $130 a barrel if the conflict between Iran and Israel expands.

Florida Congressman Mike Waltz is criticized for his televised comments supporting Israeli military aggression and suggesting the U.S. should have the "guts" to go after Iran. Shroyer accuses Waltz of being funded by the Israeli lobby and ignoring domestic issues like the open southern border while "saber-rattling" for war. The discussion notes that Iran continues to fund its operations by selling 90% of its oil to China.