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Shockingly Low Oil Supplies
I simply cannot believe the oil supply numbers I am seeing. There’s a global oil supply shock underway and as high as oil prices are, they are simply not factoring in the truly desperate supply situation in which we happen to find ourselves.
I suspect that either a) speculator-driven markets are a very bad idea for necessary commodities and b) there’s a bit of “narrative control” going on in the paper markets with various political and monetary authorities conspiring to drive down prices by dumping paper contracts into the futures markets.
Either way, the result is a big and ugly explosion later on.
Oil is simply not one of those things you can manipulate for long, unlike silver or gold.
by l-m-bach 
