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Hot Topic #14: Crude Oil BLACK SWAN ALERT with Jim Bianco

Macro Voices

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The USO Fund's Reverse Split on USO

Jim Boulden: I'm bracing myself for the onslaught of tweets and emails from listeners who say, look, it just went up. People that bought it at $250 didn't make a profit because the price has gone up to $18. They might have actually lost a little bit of profit because they have won eighth as many shares now. But I think it's not going to register. It's supposed that when the price is suddenly $20 and everybody remembers it was $2 last week, it sounds like it's taken off. This is it, baby. Let's put my life savings into this one. We've got a whole bunch of new, long money that we

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