Is the market pricing of oil a scam?

Discussion in 'Commodity Futures' started by AutoMate, Oct 21, 2007.

  1. loik

    loik

    NYMEX
     
    #31     Jan 6, 2008
  2. impossible you say? If you are in a market you know who your competitors are. Now would it make sense to try and sell your product for the cheapest available price or would it make more sense for you and your competitors to keep the price escalating? Your competitors now are not in competition with you but are your partners. Investing in their infrastructure only makes your policy become law with them. What, did you really think we have relations with other countries and intervene on their behalf because we are empathetic to their democratic cause? nothing could be more delusional. Look up John Perkins, he will tell you all about it. As the price of crude falls you will hear of more pipeline explosions more turmoil in nigerian oil infrastructure. Why nigeria? look deeper.
     
    #32     Jan 10, 2008