Thursday, April 21, 2016

One Commodity Trader Writes: "What Is Happening Has Absolutely No "Reasonable" Explanation" | Zero Hedge

One Commodity Trader Writes: "What Is Happening Has Absolutely No "Reasonable" Explanation" | Zero Hedge: "What explains the move in Crude? Ok, I could try and put some sort of “rationality” on the initial move from $26 - $40 (as crazy as it was), but the action in the oil market since Sunday’s “about face” in Doha?  No way anything other than pure, simple and outright manipulation can explain these last 3 days of action in the crude oil market… nothing…

How about the fact that the main drag on the inflation figures has been what? What? FOOD

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