@Prashad posted:

For the first time in history oil fell below zero.  What this means is that the manufacturer had to pay the buyer to take the oil.  The buyer still had to come up with the cost of transportation for the oil from the manufacturer then pay the cost for storage of the oil.  Oil storage full to capacity now that means the cost of oil storage is sky high.  Therefore cost at the pump will reflect the increase in the cost of storage and transportation of the oil.

This was speculators with open positions.  But it does reflect the weakness of oil.  Bear in mind, paper oil traded on the futures market are 10 X the volume of actual oil changing hands.

Base I notice the same thing with silver metal also.  There is much more silver on paper than the actual bullion itself.

I hear is the same with...... 'erb, the weight ain't the same as it was when it was packaged, dam ting does dry up lil bit and you get less than you really paying for. Is so I heard anyway.