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Oil speculators are getting killed: Jim Rogers
”Some people blame speculation for oil price rise. If it is speculation, when the oil price is too high, the people with oil will drown the speculators. It is just a stupid accusation that speculators are behind the oil rally,” says Jim Rogers. Read News
Bill
I have read your garbage before Jim. Would you like to reveal your occupation, my guess is that you are a speculator. If not, why not have the markets take a futures and derivatives holiday and see where prices go? I am also speculating that that would not be to your liking!
Posted On : Aug 30, 2008 7:57 AM
Bill
If the speculation is not to blame then why not simply ban speculation and see where the price settles. The truth is that huge money drives these parasites and money is being moved from the consumer to the usurers by the hundreds of BILLIONS! The American public should DEMAND that speculation and frankly the futures markets in general be disbanded and outlawed. Force these parasites to get honest employment, if they want to gamble then let them go to Vegas or Jersey!
Posted On : Aug 21, 2008 11:50 PM
Dave
I agree, this is garbage.
Posted On : Jul 14, 2008 5:21 PM
William G Stockglausner
This is the biggest bunch of garbage I've ever heard. All from someone who has their turf to protect. The US data is faulty because the data is totally incomplete. That's part of the problem. There are no records. This guy can say anything he wants because none of it can be proven.
Posted On : Jul 14, 2008 12:55 PM
