Very interesting — what’s freaking me out is that I heard that oil prices were headed for an imminent crash on my favorite wacko conspiracy theory radio program a couple of weeks back. Some random caller said that a wealthy oilman he knew told him that prices were about to plummet. He was probably just making it up, but still — weird.
I guess this isn’t that surprising. I’ve recently come to the sad realization that all of these markets are rigged and gamed. Stocks, commodities, currencies, all of it — it’s a big casino and we are the suckers.
Also, check the US dollar today — huge move against the euro.