Commercial traders are shorting massive amounts of this commodity. Hint: It’s not gold.

Below you can see that commercial hedgers in the crude oil market are back at one of the highest net short positions in history.

Commercial Shorts In Crude Oil Near All-Time Record

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The reason it is so important to keep an eye on the price of crude oil is because of its inflationary impact as it affects so many inflation metrics as a result of its flow-through effect…


IMPORTANT:
To hear which legend just spoke with KWN about $8,000 gold and the coming mania in the
gold, 
silver, and mining shares markets CLICK HERE OR ON THE IMAGE BELOW.

KWN Faber I 2:19:2016


Below is a 23-year chart which shows the remarkable level of commercial short positions in the crude oil market.

23-Year Chart Of Commercial Shorts In Crude Oil

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The chart below shows the commercial shorting of Total Energy Positions.  As you can see, it is at very high levels historically.

Commercial Total Energy Shorts Near All-Time Record

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Finally, below is a 23-year chart of Total Energy Hedgers Positions.

23-Year Chart Of Commercial Total Energy Shorts

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The bottom line is this is exactly how you would expect to see crude oil trading in an extremely weak global economy that is suffering from being caught in the grips of a rolling depression.  

***KWN has just released the remarkable KWN audio interview with Egon von Greyerz and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

***ALSO JUST RELEASED: We Had To Set This All-Time Record Before The Devastating Global Collapse CLICK HERE.

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