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So if backwardation happened then USO would be perfectly tracked ?
Bentotrading 1 year ago
"a steep contango... is killing USO's value as a proxy for long oil at the moment. Some days oil will go up, and USO will hardly move"
can someone clarify this for me? specifically I am tripping over the point: how can "oil" "go up" and USO be uneffected?
Ben1607 1 year ago
dont take this down lol, unless ur going to add more info, very good information 5*
fox20012 2 years ago
This has been flagged as spam show
Nice Nice Video. I really loved your video. Youtube can be a great asset for you. If you need any help getting your video exposed, check out this site called tubeviews [dot net] It has really done wonders for me, I have built 3 Channels up with videos at top in position and this is my forth channel i'm going to working on.
Thanks Alot!
raedensdh 2 years ago