WHY THE OIL TANKS HAVE NOT RUN DRY… BUT WORST STILL YET TO COME: Including A Brief Precious Metals Update

At the start of the Middle East Crisis, many oil analysts forecasted a major disruption to the Global Oil Market by the end of the summer… so what happened?  Why haven’t the oil tanks run dry?  Good question, which I believe the analysis from Goehring & Rozencwajg is worth sharing…

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