Looking at the CFTC CoT data the Oil selling trend continues for the “Commercials”, ie. the big banks and oil companies. To be clear, this means that they are adding to their already short position. At March 29th the aggregated position was approximately $13.5 billion. They obviously still believe the price us going down.

And the whole time series since 2007. As you can see the The huge Big Bank & Oil short position is mirrored by a long position in managed money (savings and pensions mainly).

Also interesting to see that an analyst on the Saxo Bank website see #LENR as a possible scenario for Saudi Arabia future business.

A potential avenue that could be explored is that of Low Energy Nuclear Reactions or Lattice Enabled Nanoscale Reactions (LENR). This is a chemical/physical event where anomalous amounts of heat are generated when certain metals absorb hydrogen or deuterium and an external stimulus such as an electric current is directly applied.

A potential partner for KSA to partner with is Industrial Heat LLC that was incorporated in 2012 and is based in Raleigh, North Carolina. This firm has already been granted the license to sell and manufacture energy catalysers “E-Cats” in Saudi Arabia. Therefore, I do not think it unreasonable to envisage the Saudis looking for partners to help start laying the groundwork for commercialisation of LENR within the Kingdom and for export overseas.

It seems so reading him answering the same question about it for a second time today

Rossi also stated that he had a meeting this morning with ABB Robotics about a production line for a future plant in southern Sweden. I do not believe this is a coincidence and maybe Hydro Fusion is the connection …

Reading Rossi comments the last couple of days indicates clearly that there is no longer any agreement between Lenorado Corp/Rossi and the different entities of Roger Green, even though he is still advertising E-Cats on a couple of different sites. Further down my licensee map is updated with this information.

The only licensee except for Industrial Heat seems to be Hydro Fusion. This relationship seems very good though.

What I also find interesting is the hints on a Leonardo IPO that Rossi is making. This is especially interesting together with the fact that Rossi is hinting of a factory in southern Sweden and that Hydro Fusion is responsible for the ECAT.COM website which have collected all pre-orders of both MW and home E-CATs.

Looking at an updated picture of the world wide e-cat license market, it becomes more and more obvious to me hat the Leonardo / HF combo is the most important to watch. Not only because of IP ownership, but also because the european markets is more fragmented and prone to be early adopters in a decentralized way. As I also shown, northern and eastern europe are the areas that have shown superior interest for the LENR break through. I do not think this is totally random…

I actually believe LENR is too disruptive for the politicians and present stakeholders to be implemented in a top-down approach. Since it is a energy revolution it will be implemented bottom-up by those who gain the most. This mainly includes countries dependent on energy import (eastern europe, Ukraine, large parts of Asia) and countries with governments less influenced by established geopolitical interests (Banks, politicians, NGOs and corps – mainly US based).

Obviously Rossi understands this completely … It is only way it can be done.

The mother of all oil company founders – the Rockefellers recently announced they are divesting all oil business. Of course they label it a green climate change agenda, but these things are as we know always about money or power …

Link to Rockefeller Family Fund website.

To get the full picture of the LENR intreset overall and the Lugano Report in particular I made som statistics on the downloads. It has now been downloaded in excess of 200 thousand times from this site only. Looking at the IP numbers it is a confirmation of the trend of northern/eastern european domination in the LENR space.

In absolute numbers US dominates, followed by Russia, Germany, Netherlands and Ukraine. On per capita basis Netherlands, Finland and Estonia are in top, followed by Bulgaria, Sweden and Ukraine.

Another way to visualize the LENR interest.

As can be seen below from IP number statistics in the sifferkoll.se log files, most visitors are from the US representing 30-40%. Europe as a whole have 40-45% with a focus on northern european countries.

Looking at interest per capita the northern european countries dominate totally.

While US and China heads the overall ranking.

Looking only at downloads of the Lugano Report during 2016 we see a similar pattern. Note however the eastern europe countries like Russia, Ukraine and Bulgaria have relatively higher ranking, and China lower.

We can be sure about one thing though. Apco Worldwide beeing involved in sending email to a few LENR enthusiasts (and Krivit) is a proof that the establishment are keeping a close eye on the LENR development.

Apco IS the Washington establishment in a boiled down format. They are in way bigger than the politicians and the bankers, since their job is to shape/control the public opinion in problematic issues, like climate, health, food, medcare, tobacco and of course defending big corporations against the people in many other different ways.

Apco PRWatch link

Their specialty seems to be creating fake grassroot groups to make their issues heard… and using the “science” word in fake contexts. Hmmm.

Another thing that bothers me is that they do not seem to make that much money. About $120 million for 630 consultants. That is only $190k per consultant. It’s far from whai I would expect. Ask McKinsey or any hig end law firm. With the kind of clients they advertise and the number of previous political and banking high rollers they have on their paylist, they are either stupid or they are a facade for something else (and bigger) …

So, I’m thinking. Maybe they are not only working for Industrial Heat. Maybe they are actually the architects of the establishment and contracted to write the LENR roll-out agenda. Maybe IH got sort of an offer they cant refuse… Maybe IH has to much to loose to say no to a slower and more controlled LENR roll out. Because maybe Hillary does not want this disruption before the elections (It’s bad enough anyway with Trump) or not all, and Goldman Sachs really need to get out of all their oil commitments first. And since they know, the longer it takes, the more money they will make. They all have the information advantage now. And they will use it. As I wrote three years ago on oilprice.com.

The political and banking establisment does not like disruptions since they thrive on status quo and cotnrol. They like slow progress. And when there is disruption they want to bill the taxpayer. So they need LENR to be slowly integrated in the existing grids and regulated, so that it can be controlled and the taxpayer can be charged the costs of disruption (ie. to the big establishment corps loosing business). And they need to have time move the bad assets off the books to the taxpayer pension and savings funds.

Two excellent books on the theme … It has happened before …

It sort of make sense thinking of the IH letter in this context. They dont deny LENR, but they want to present it as something in the uncertain but somewhat hopeful future.. Certainly not as a 1MW reactor working for a year with COP 30/40/50 or something right now. Apco works for Bill Gates/Microsoft as well, so I believe they like the 10-15 year timeframe.

IH is now part of this carefully calculated agenda that will roll out eventually, but not as fast as it could, and I also believe they failed their mission to secure the Rossi IP and know-how, especiall on the E-CatX. So they play the credibility card instead to slow down Rossi in his mission.

As we have seen Rossi is now focused on Sweden, building a factory, perhaps working together with Hydrofusion and attending the New Energy Symposium.

It certainly looks that way right now. Rossi seems more focused than ever promoting the Swedish connection.

A

Leonardo and Hydro Fusion together would actually be a great fit covering more or less 35% of the world market looking at GDP distribution (blue+yellow in the map). And Leonardo owns the actual IP. Also these are the European markets, which might actually be easier to work with politically than the US, since there is less of US invested interests involved (Big Banks and Oil debts).

Update:

Rossi will hold a press conference in connection (date unkown) with the New Energy Symposium in Stockholm on June 21-22, and he will be interviewed by Mats Lewan. I do not think it is far fetched to speculate that the Rossi press conference will be held together with the Hydro Fusion team.

Link to LENR-FORUM

Link to the Symposium

Beacuse they are in the process to offload this substantial amount of risk exposure to the taxpayers.  Right now.

Of course this is about the distressed debt of the US oil and gas sector.

Link to CNBC

And Goldman Sachs itself adds another $10.6 bn to it, which makes roughly $100 billion.

Compared to this risk the Big Bank short position in oil futures is actually dwarfed, Today the 300 thousand contract short position amounts to $11 billion, A hedge, but not nearly enough.

But as I said. They are acting on it. So far this year about $9 billion has been raised to pay back these debts, As an example JP Morgan are actually raising money for distressed oil companies from the their customers (like pension and saving funds, etc.) to pay back the loans they themselves have given to the oil companies …

Link to Zerohedge

This sort of reminds me of what happened before the mortgage bubble burst …

So. Point is. Until the a majority of these “assets” are removed from the Big Bank books, there is reasons to put pressure on everything that might upset the oil price too much.  Including #LENR.

Looking at CFTC.GOV data we can also see that The Banks stepped in and started to buy futures when the oil price fell below $30 early february, which then created positive overall energy sentiment both on the high yield bond market and oilprice. At the same time they were offloading their distressed assets to a better price.

Maybe APCO is more important than first realized in this scheme and have turned Industrial Heat into a small brick in the game. Maybe they are vague for  100 billion reasons?

This stuff is not new for APCO. They have tons of experience working for Big Oil and loads of executive experience from Goldman Sachs, etc. Here is one example of many found on google.

Huffington Post about past APCO projects,

Coincidence?