And WTI Crude Oil (/CL) Keeps the Bearish Mode…

I guess we can speculate about the reasons for the downward move in oil. Maybe US is trying to punish Putin/Russia, maybe the Saudis is trying to punish the the shale oil/fracking business in the US, maybe it’s as simple as the demand/supply ratio falling… Who knows,…

But maybe the reason is that enough people with in power KNOWS that LENR is real? Maybe Goldman Sachs and JPM knows? Maybe the Saudis knows? These people are certainly paid a lot to know about these things.

And keep in mind. The swap dealers (GS JPM etc) are still short ~400k contracts in crude on NYMEX/ICE. This position is still very much on… Why?

oil141106Here is the timeline.