Hedge funds hunt for exits in oil

Commodities Now – “Follow the money,” FBI Deputy Director Mark Felt (“Deep Throat”) told Washington Post reporters Bob Woodward and Carl Bernstein during their investigation into the Watergate break ins. It remains good advice for participants in commodity markets.

Most of the time the river of money coursing through the market remains hidden, visible only in part to the major dealers, leaving everyone else flailing around trying to understand what is really going on.

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