Billionaire Trader: "OPEC smells blood"

At this moment, oil is caught in an absolute death spiral.

And a handful of billionaires are quietly dumping oil stocks at an alarming clip... This mass exodus comes in the wake of oil's fall to an 11-year low, dipping below $35 per barrel for the first time since 2004, even lower than the 2008 financial crisis. This situation is so severe, that legendary billionaire energy-investor John Arnold says that "half the U.S. energy industry will be bankrupt in 6 months." Warren Buffett dumped his entire Exxon position, worth over $3.8 billion. Bill Gates unloaded nearly $1 billion worth of oil stocks. And George Soros couldn't get out of oil fast enough, selling off multiple positions... Pundits would have you believe a temporary "global supply glut" is to blame. They couldn't be more wrong... The real reason is much more ominous, and could push oil as low as $10 per barrel, completely decimating Big Oil, and sending the broader markets into a full-blown collapse. You see, a shocking discovery outside Bern, Switzerland has unlocked a massive supply of free fuel. Enough fuel, in fact, to power the entire world for 36,000 years. This fuel is so cheap, so easy to easy to access, and so abundant, that Fortune 500 companies - including Google, Apple, and Facebook - are investing billions to move into this technology. At the same time, nearly every major energy player on the planet is shunning oil in favor of this new fuel. In fact, the U.S. Department of Defense just invested $7 billion in a single day. And Saudi Arabia's oil minister, Ali Al-Naimi, say the country is investing $109 billion to bring this new fuel on line, and could stop using oil entirely. Please understand: This is NOT a temporary condition. It is the beginning of the end for Big Oil. A member of the United States intelligence community, who has earned Presidential citations from presidents Nixon and Reagan, has stepped forward to reveal exactly how this "universal fuel" will enable America to declare complete energy independence for the first time in 40 years. I suggest you review his complete analysis today... Money Morning Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. If you'd like to know more details, here is our privacy policy. © 2015 - Money Morning | 16 West Madison Street | Baltimore, MD, 21201 | Phone: 1-888-384-8339 | How Money Morning works