Is Saddam trading OIL??

Discussion in 'Commodity Futures' started by bungrider, Feb 5, 2003.

  1. .
  2. cheeks



    Well, he has the easiest layup off all time if he wants to take it.
  3. Lets assume he would not compare to the money he is making as a dictator ( look at Fidel Castro; he has a net worth estimated at 10 billion, accrding to a forbes article a while back, and that me amigo is grossly underestimated ) Oil trading profits would be a drop in the bucket........Its all about the cheese :D not cheese......peace
  4. cheeks


    He could easily take 300,000 contracts short and then take oil below 20 a barrel. Then he could cover or deliver against.:eek:

    That's 4 billion and he is still in power.
  5. tampa


    Is it possible for ET to become even more lame?
  6. Why wouldn't he since one come to politics for Business :D

    Frederick C. Howe revealed the strategy of using government in a 1906 book, Confessions of a Monopolist: "These are the rules of big business...Get a monopoly; let society work for you; and remember that the best of all business is politics..."