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Going long on oil?
First, look at the reduction in each country’s reserves after wars and sanctions.
Second, besides the visible decrease, there is also the smuggling happening behind the scenes (Trump said on 6.10 that 100 million barrels were smuggled).
Third, is Trump putting on a show, is Iran putting on a show, or are the two of them putting on a performance for the global public?
Fourth, Wall Street’s extreme lock-down of the market—market makers abusing their power while exchanges are closed.
Fifth, all kinds of fake news flying everywhere.
What else can everyone think of?