You can't drive a car looking out the rear window. 100+ years of commodity data has to be adjusted for the addition of a growing middle class in both China and India. And then adjust for the effects of rapid growth in world population. Then look at the failure of oil producers to increase production past 86 million bbpd. 10 years ago China was an oil exporter, today they import over 7 million barrels per day and that number is growing every year. That's a paradigm shift. I hope you put some tight stops on those shorts.
Short Oil as a Long Investment [View article]