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Crude Crumbles On Unexpectedly Large Inventory Build
Wednesday, January 14, 2015 10:58
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / by Tyler Durden / 01/14/2015 10:37
WTI crude oil prices staged a recovery this morning – fueling optimism once again that stability was here… Then the EIA inventories data hit. With crude (Crude inventory rose 5.39mm barrels against expectations of a 1.75mm barrels and a 3.062mm barrel draw last month) and distillate inventories (+2925K, Exp. 2100K, Last 11205K) surging considerably more than expected (some expecting a draw), futures prices are fading back rapidly…
The post Crude Crumbles On Unexpectedly Large Inventory Build appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2015/01/14/crude-crumbles-on-unexpectedly-large-inventory-build-2/
