The Knows knows

Monday I posted the article “Relief at the pump”, where I discussed the oil market bubble, and the part speculators are playing.

Tuesday CNBC spent a good part of the day talking about oil (see their related article here), the speculators, and the bubble that oil appears to be in, as well as the possible correction in the oil market.

If I didn’t know better, I would have thought that CNBC read The Knows on Monday, because they talked about everything that I wrote in that post.

Since CNBC agrees that there is a bubble in the oil market, and they also agree that speculators are pushing up the price of oil, now let's see how soon the correction in the oil market takes place.

The Knows knows!!!