Monday, April 26, 2010

Won't if be funny in a way when people on Wall-Street start speculating the price of oil up again?

In mean in a way it will be funny because the price difference now has only been altered by 2% change in demand meaning the rich speculators on wall-street could literally speculate it up again at anytime to boot. Think about it's sort of funny though I mean it doesn't kill REASONABLE people who drive cars nearly as much as fat big consumers who drive SUV'S and truck studs who think they are cool is their oversize white pickup with bulging tires. Then we have those retards who think that they are in Iraq and need a hummer-more studs compensating for something short between the legs. I only hope that this time speculators make it go up to like 10 dollars a gallon or more so the people that drive too big of cars are FORCED to sell. Beside there is no better feeling then FORCING someone to do something is there? Better yet it will be helping those people on Wall-Street again who need more money now that the DOW and NASDAQ have been falling ;). It's a finite world that keeps using more oil: OPINIONS?





OIL IS GOING TO MY PORTFOLIO AS OF NOW AND IT'S THERE TO STAY UNTIL I CAN DOUBLE MY MONEY OR MORE!Won't if be funny in a way when people on Wall-Street start speculating the price of oil up again?
good for u hope u win bigWon't if be funny in a way when people on Wall-Street start speculating the price of oil up again?
It won't be as easy as some people think to over speculate the price of oil again, that kind of thing works best when most people are unaware that that's the reason for the huge price spike.
It's actually the commodities markets where oil speculation happens. I can't believe people are snapping up SUVs again -- oil WILL rise dramatically in a few years!
They need to because I bought a lot of oil related investments at just the wrong moment. I need it to go back up.
Not really no. Why are you using all caps?
Speculation needs demand. That's what drives the price up. Something that people think they just can't do without, all of a sudden becomes scarce. You do know those real high prices of a few months back, speculation or not, drove demand into the dirt, right? I would hate to be the guy who bought oil at the peak when a few weeks later his competitor is buying the same oil a lot cheaper and selling it at a much high margin. That means some speculator just got steamrolled.





Go to the Yahoo finance section and read some more about this so-called speculation. 60 Minutes had a little bias in their reporting.





Oil prices will depend on demand. If the demand is low, prices will stay low. Electric cars, hybrids and such, will put a dent in demand eventually. But I don't see oil going away any time soon.

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