I think it might be a good idea to remind my readers of an article I wrote for Oilprice.com in march 2013. The big banks are already short a massive 40 billion dollar in oil, while the pension and savings funds are taking the other side of the bet. My take is that the oil price will keep falling in a highly volatile manner until it settles at a price where only the easy access reserves in the Mid East are profitable. I guess somewhere in the $20-$30 range.
The stabilizing trend of the oil price in the $90-100 range supported by the big banks is broken. As shown by CoT data, swap dealers have continously supported falling prices with intense buying. It seems that this strategy is now abandoned. We’ll see.
wow unbelivable,great we can save mother earth from pollution and death and also save humanity.
As everything with trading it’s only a matter of propabilities. I’d say it looks kind of interesting and even if it’s only say 5% it’s still worth looking at and mentioning. That I believe.
I have been following the cold fusion/lent story for 20 years.
The famous U.S. documentary show “60 Minutes” did a segment on cold fusion a few years ago.
I was wondering…if thus is true,
palladium should go up. It has been the best performing metal since 2009, but since September 1 has lost 12%
In my previous post I meant to write:
“cold fusion/lenr”. not
“cold fusion /lent”
Palladium is my investment choice for the future:
LENR?, FUEL CELLS and many other applications.
A great pairs trade : short oil, buy palladium.
There are 2 types of cold fusion processes.
1) nickel hydrogen > Rossi
2) palladium deuterium
MIT (Massachusetts Institute of Technology) has been making news with its published papers on lenr.MIT is one of the most respected research institutions in the world.
Google>> “MIT cold fusion”