Bitcoin Magazine

Tracy Shuchart: BTC & the Commodities Supercycle

Six million barrels a day of oil still aren’t getting through the Strait of Hormuz, and Tracy Shuchart says markets are still tightening. The NinjaTrader Live senior economist explains why lost GCC production won’t come back quickly, why crack spreads are signaling stress, and why the global refining shortage could get worse heading into winter.

Chapters:0:00 Tracy Shuchart on the Strait of Hormuz and Tightening Oil Markets1:07 Crack Spreads, Russian Refineries, and the Global Refining Shortage2:50 Fall Refinery Maintenance and a Dire Winter Setup3:22 Why a US Diesel Export Ban Would Backfire4:45 Gold vs. Bitcoin:…

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