Right now, something incredible is happening in the oil market. Price is moving at a velocity at the will of gravity. Here, gravity is demand. On March 26th, I wrote the following.... "This is what I’m gonna do. I’m going to speculate oil will go lower and higher all at the same time #oil $USO..." This statement needs to be taken literally. i.e. the lack of demand would distort the present price of oil relative to the future. What's even more interesting is when time elapses. As May oil contracts transition to June, prices are also getting sucked into the vortex of gravitation pull.
The Crude Awakening: Investing in the Global Reset