View Single Post
  #3 (permalink)     Quote this post in a PM
Old Thursday, May 15th, 2008
Errigal's Avatar
Errigal Errigal is offline
Member
 
Last Online: 1 Day Ago 22:23
Join Date: Jun 2006
Posts: 2,538
Blog Entries: 9
Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.Errigal 's wisdom is legendary.
Default Re: ‘Perhaps 60% of today’s oil price is pure speculation’

Quote:
Originally Posted by Kernunnos View Post
Goldman and Sachs outlook officially "predicts" the surpass of the 200 dollars per barrel threshold.

many experts are advising their customers to invest their savings in the oil price market, and by betting on oil price rise.

They are just saying it openly, the shit they have packaged into subprimes now has burst, time to shrink as lemon common people with gas prices.

Apart from a revolution (ah ah ) nothing can save us.
Yes, along with the attack on the Icelandic currency and banking system, the obscene profit-taking through oil speculation reminds me of a criminal trying to hide fraud by stealing from a new victim. Like a bank employee who must rob Peter to pay Paul, the New York and London speculators appear to be robbing the rest of us in order to keep their rotten structure standing for another few months.
Reply With Quote