Crude Oil - The next Black Swan?

Its starting to look like that unexpected black swan event is right before our eyes - the crude oil traders and hedge fund speculators are going to end up crashing the entire market.

They have inadvertently ended up betting against what they saw as the obvious trend of prices rising to over $75 a barrel on the back of Saudi tightening, a trade resolution, the economy picking up through Fed monetary easing again and stocks surging through more free money. Since the start of the year they have been pushing the market higher and higher, and created a more and more ridiculous noise through their paid analysts - such as many on this site - about Saudi, Iran, Venezuela, etc, as they have become more and more concerned that matters were not as they had bet.

For three months oil has artificially levitated the markets through artificial trading among such players - no doubt at huge expense, to such extent now that the traders and hedge funds can no longer afford to lose. The vast quantities of gold futures and treasuries liquidated to support this has now pushed up the oil market and levitated other markets that ought to have been correcting. Eventually this will cause a crash much larger than there ought to have been had markets not been manipulated to such extremes.