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CarlosFerreira
Heavy Crude
Joined: Jul 02, 2008
Posts: 437
Location: Espinho, Porto, Portugal
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 Posted: Wed Jul 23, 2008 2:19 pm Post subject: Re: U.S. Attempts to Manipulate the Price of Oil |
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| FoxV wrote: | | btw, this will also destroy gold prices as well so be prepared for the buying opportunity of a life time |
Are you, young man, by any means speculating? 
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Give anyone a lever long enough and they can change the world. It's unreliable levers that are the problem.
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Fiddlerdave
Heavy Crude
Joined: Mar 18, 2007
Posts: 276
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| Posted: Thu Jul 24, 2008 3:17 pm Post subject: Re: U.S. Attempts to Manipulate the Price of Oil |
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| Peleg wrote: | | Iraq was not a manipulation of the market? |
No, just like the sun rising, it was God's will. Manifest Destiny. The Natural Order.
It was the highest order of pure coincidence that the Leaders who have large interests in oil and weapons would see an act of invasion that would highly inflate oil prices was The Only Right Thing To Do.
Really. Trust me. They even prayed over it. |
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ColossalContrarian
Intermediate Crude
Joined: Jun 20, 2006
Posts: 634
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| Posted: Thu Jul 24, 2008 4:43 pm Post subject: Re: U.S. Attempts to Manipulate the Price of Oil |
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The oil speculator sideshow
| Quote: | | In other words, from the beginning of the year through the end of May, during which time the price West Texas Intermediate crude rose from $96 to $127, the positions of swap dealers would have benefited more from prices falling than rising. So much for blaming "index speculators" for the price rising. |
Verbatim of what Dante has said numerous times.
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MrBill
Expert
Joined: Sep 15, 2005
Posts: 5394
Location: Eurasia
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| Posted: Fri Jul 25, 2008 2:34 am Post subject: Re: U.S. Attempts to Manipulate the Price of Oil |
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Naturally. When the market is in contango then each rollover costs the buyer, while the short rolls at a profit from month to month. That is all a swap is.
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The organized state is a wonderful invention whereby everyone can live at someone else's expense. |
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