Crude oil - whats up or, down?

[furrowtickler]

Cotton, what is your take on the latest blip in oil?

[cottonpicken]

It's interesting/scary.

I havent been keeping up to the reading and i am to tired to think straight,but here goes.

-specs say its time for a spike because?

war with iran or pakistan?
us dollar is about to drop?
china floats the yuan?
bond market implodes?
somebody big prices oil in euros?
derivatives market meltdown?
fannie or freddie sink?

My bet,bond market-thats why its at the center,its connected to everything.
Although the things around it will be the excuss.
Watch the yeids.
Probably very good for grains.-eventually.