Posted November 09, 2023
By Sean Ring
Byron King: These Stocks Soar If Saudi Goes Offline
If you’ve been reading The Rude for a while, you know Byron King frequently contributes his brilliant insights on metals, mining, and geopolitics.
Click the pic to watch… or click here.
When I first met Byron last year, his geology, military, and legal knowledge blew me away. I wondered how he managed to fit all those experiences into one lifetime.
And while I know Byron’s forgotten more about this stuff than I’ll ever know, I’ve never once felt inferior when he’s teaching me something. I feel like my grandfather is telling me a fascinating story, just like when I was a boy.
Luckily, we’ve got our new Paradigm Press YouTube Channel so that you can take advantage of Byron’s wealth of experience… and maybe get wealthy along the way. On our new channel, you can see and hear Byron explain the world’s goings-on in an easily understandable way.
And the best part is that it’s actionable intelligence.
Byron discusses seven oil stocks you must watch if Saudi oil goes offline.
But more on that later.
I don’t want to give too much away. But here’s a sneaky peak at the questions Byron answers in this interview.
What happens if Iran closes off the Strait of Hormuz?
Why did the attackers deliberately want to provoke Israel?
How long did the attackers have to plan and collect material?
What is Israel doing now to correct its intelligence failure?
Israel is facing degradation as a legitimate nation, with anti-Israel reactions and diplomatic relations being broken, while the larger geopolitical angle is reminiscent of the 1973 Israel war.
What other unlikely country has just declared war on Israel?
The oil embargo in 1973 quadrupled oil prices, leading to economic recession in the US, but also resulted in the construction of the Alaska pipeline and the Strategic Petroleum Reserve.
Can oil prices climb that high this time? What will that do to your weekly gas and diesel bills? Byron tells you in this interview.
Oil tankers in the Middle East region, particularly those going to China, could be affected by potential conflicts in the area, such as Yemen's declaration of war on Israel and the possibility of closing down the Gulf of Aden.
The US used to have a robust military presence in the Middle East, but in recent years, that presence has significantly decreased.
But now, which countries does America need to worry about? And specifically, whose air defense systems can undo America’s designs?
Potential escalations in the Middle East, such as oil infrastructure disruptions or blockages in the Suez Canal, could significantly impact global oil prices and world trade.
Iran is a significant oil exporter, and any disruption in the loading facilities or transportation routes could cause a problem for oil production and distribution.
Head to Paradigm Press’ brand-new YouTube Channel to watch Byron’s interview.
Just a hint: I usually watch interviews at 1.5x speed. You can control the speed of a YouTube video by clicking on the Settings cog (third button in the lower right-hand corner of the video) and selecting “Playback speed.”
If you set the Playback speed to 1.5x, you’ll turn Byron’s 30-minute video into a 20-minute without losing his remarkable insights.
Have a fabulous day ahead!