For the rising oil prices, currently $ 112.80 Brent, WTI is 99.15 as an argument called Libya.
The blog has zero hedge for me through the Oelberichterstattung now identified as what many have suspected for a long time. Blah blah blah
of $ 220, the barrel makes the rounds because to be down in Libya for 50% of production.
possible - at the moment, no one can verify serious - and it would seem! Ergo
stupid rumor speculation.
trusted more because I find the statement of the Saudi 2 weeks to be able to offset any short term shortages by increasing funding - where there is still much to what was more serious, namely the blockade of the channel!
And they have the capacity to do has already been confirmed in 2009 Vienna.
It may be natural - you - want to have these arguments to the test in 2008 in the 2nd Round lead.
However - and now it is far back in this thread to go - there are powerful interests that speak against it - we remember:
Barclays GS then bought the hedge book for free, after B. GS signal, she had become another not allow speculation.
And now we come to the actual facts.
first
The gold / oil ratio is currently at a very low Level reached 12.6.
normal are about 15
second
The ratio is not based on Brent to WTI.
The ratio of WTI is: 14.26 - wonder of wonders ..... So
fully in the ratio range 14-16.
So is either gold to rise the next day had bad, or oil will suffer brutal.
I know what most here in the forum do
third
Now it gets funny.
backwardation in the oil!
mmmhhh - in silver, I can understand it more as - with imagination even for gold - the copper it would be more than covered - but the oil is more than perfect and the absurd full regard to a pure speculative bubble - because oil gibbet so tomorrow no more - nothing there anymore - allet exchange ....
Here, the data, based on the quality STI: Is
Spot
99.34 101.84 100.15 June
December 99.91 December 2012 98.15 December 2013
not really many "speculators "the start date of a long-term Oelknappheit and / or hyperinflation.
Oil will therefore be cheaper than in December 2013 on 24/02/2011. THE
is the opinion of the commercials, because only those trading futures on such long periods.
Ne backwardation in oil looks more like a mega bull trap.
I would not be misunderstood.
It may well be driven by "something" the price of oil to spike to short into ludicrous heights - and he leveraged in this market move is, should flee (my personal opinion) fast, unless you want ZOCKEND on a short wave . ride with
are fundamental reasons for this null!
The Fundamentals come then if:
Saudi Arabia and / or Iran falls, the street and / or the channel is close - before anything is bullshit!
And has nothing to do with inflation, Mr WE!
for if it were real inflation, would WTI $ 20 or cost more per barrel to Brent and / or OPEC Oil - BUT NOT DOING IT!
greeting
IT
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