The reason for the recent plunge in oil is of course OPEC stating that they are not reducing production. However, speculations on the reason for this descision are still obscure, mostly they resort the punishment of either Russia/Putin or the US shale industry.
Obviously these entities will suffer from a $68 oilprice and even more so a $60. And when the oil drops to $30, the Saudis will be the sole suppliers.
But, fact is that Goldman Sachs, JP Morgan among others have been extremely well positioned for this move since 2011. Why is this fact not mentioned more often? Their position in oil futures are published every week… Strange.
The interesting question is of course if LENR has anything to do with it? Well, we know for sure that Statoil in Norway knows about LENR and are investigating it. I actually have many hits on this page from Statoil owned IP-numbers. We also know that the Lugano Report has been downloaded more than 120k times only from this page, even from countries like Qatar, Saudiarabia and Venezuela. Not to mention Russia and Ukraine beeing among the top downloaders.
So this is what the black swan look like today…