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When is the crazy Brent-WTI spread going to revert? I think it is telling that it has not been arbed away yet.
I love Mike Maloney!
"$10 Oil? Mike Maloney 'Bullshit' Speech is Live! Buy Gold and Silver!"
http://www.youtube.com/watch?v=wwyYKgW2KwI
What a diffference a day makes, huh? Despite that stock futures have given up overnight gains and are close to yesterday's lows, crude prices are higher. Oh that's right, we're destroying our currency upon which crude prices are based! We're playing "beggar thy neighbor" now, except that WE'RE the ones making OURSELVES into beggars!