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he is still calling for criminal investigations.
he was mocking the people who said the price of oil was because of
"supply and dmand",when it was about $150 a barrel, were liars, nuts
etc...h said it was ALL due to speculation...to quote;"you mean to tell
me that oil has dropped to 46 dollars barrel, has dropped 100 dollars a
barrel, because of some difference in supply in the past 6 months-YOUR
CRAZY"...
he was really goig off for awhile...
but he was right. and unless congress puts roosevelts strict limits back
in,the people who did that to our country ,you know, hurt us,will do it
again when it suits their needs....also, natural gas ,going into the
busy winter heating season has dropped from 14 dollars a unit to 6
dollars a unit...still up from the 2.5 per unit where it should
be.......
DISOBEY !
hey guys like T Boone Pickens lost their ass as did
other gurus and hedge funds etc etc......that's the
way markets work......cant legislate brains and
common sense.....
the "market" like traffic for cars and trucks have laws and we are
supposed to operate by these laws...since the 1930's, one of the
"laws"was, you could not bid on oil unless you put up half of the money
you are bidding and you could PROVE you could accept delivery of the
oil, natural gas,gasoline you were bidding on..that proof meant you
either had to have recieps of past delvery of product or you had to show
you were a utility or gasolne refiner,etc..nothing anti "free market"
wth those laws,just like it does not violate your rights of free travel
o obey a speed limit or to stop at red lights.
DISOBEY !
Did Pickens really get that burned ?
"EMD" <e...@w...att.net> wrote in message
news:SbMZk.173709$Mh5.103321@bgtnsc04-news.ops.world
net.att.net...
> hey guys like T Boone Pickens lost their ass as did
> other gurus and hedge funds etc etc......that's the
> way markets work......cant legislate brains and
> common sense.....
>
On Dec 4, 7:30 am, c...@w...net wrote:
> ..since the 1930's, one of the "laws" was, you could not bid on oil
> unless you put up half of the money you are bidding and you could
> PROVE you could accept delivery. . .
What are you rambling on about now?
The NYMEX miNY crude oil futures contract (intended for investment
portfolios) trades on the Globex and clears through the New York Merc.
For investors who don't want to trade futures there are several ETFs,
(e.g. DIG and DUG) that play oil long and short.
Nothing at all nefarious about any of this, Comix.
Look, why don't you just stick to US savings Bonds, OK?
.-=d00b
.
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