At 397.9 million barrels, U.S. crude oil inventories are at the highest level for this time of year in at least the last 80 years.What it appears has been going on now since at least October is the United States government has been purchasing hundreds of millions of barrels of oil and storing them.
The maximum total withdrawal capability from the SPR is only 4.4 million barrels (700,000 m3) per day, so it would take over 160 days to use the entire inventory. 160 days.
That might be just the amount to time required to operate efficiently during the world’s greatest economic collapse EVER and during its aftermath- while the rest of the world recovers from the depths of despair and chaos, death and destruction, when after 3 days all their food is gone from their store shelves and there is NO TRADE since all currencies have failed and it takes months for world leaders to convene and agree on a one world economic system going forward.
Silver is below $18 and anything below that is my announced buy target but as we go into February, I am changing my guidance. I now recommend buy with total abandon, not waiting, on all precious metal, particularly silver, even if price goes to $20 or higher as time is limited before the great, planned crash.
Get physical while you can.
http://www.silverdoctors.com/marshall-swing-us-govt-stockpiling-oil-to-withstand-complete-systemic-collapse-in-fall-2015/
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