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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%4:00 PM EST

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To: Metacomet who wrote (109469)1/6/2015 5:49:16 AM
From: elmatador  Read Replies (2) of 219982
 
searching for an end to the deepest price rout since the 2008 financial crisis?

forget about OPEC policy, U.S. drilling rigs or interest rates. At least for the moment.Instead, according to some physical traders and analysts, they should be scouring their screens for what is likely to be the best leading indicator of a price floor: a deep contango, a market in which immediate delivery prices are cheaper - much cheaper - than futures in the months ahead.
uk.reuters.com

all about getting oil low, move into contango so that the big guys make easy money like last time?
all the stories about demand, shale, Russia, Iran and Venezuela is all diversion...
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