CLO, Claymore Oilsands Sector ETF

clo mar 15 2013 b

clo march 15 2013 s

This ETF may be telling us something about the oilsands that we do not yet fully understand. The value is a lot closer to the lows of the past 5 years than the highs. The possibility of stranded costs is becoming more real. Below is what stranded looks like, this is of course the Aral sea;

aral sea