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Submitted by Cameron Hanover
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Dagging.........I voud vike to meet de samrt asshole who dag dat up......dagging de goddam clams
Jesus, even oil got around to gangbanging the dollar.........what's next? Bernake bukake?
How can ypou explain the market action without the fed reserve monetary action. it was meaningless. looking for rational reasons that don't exist.
For the last two years there has been a "shadow inventory"
overhanging the oil markets ...
ain inventory of perhaps 150 million barrels, loaded onto miscellaneous tankers
and parked in Singapore Harbor.
Us little guys can look at google earth and see them there, but of course
GE does not tell us how old the photo is or if they are still there or not.
This is the ultimate "carry trade" in times of low tanker rates and low interest rates.
Its only a matter of time before the rpice of oil explodes
as gold, silver, copper, corn, cotton, sugar, cocoa, coal, etc are doing already.
I can wait ...
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why would surging oil prices be good for the euro?