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Oil prices VS Storms
By: Divorced one like Bush Being that there is a lot of “authoritative” talking going on about the cause of the up’s and down’s of oil and one cause being suggested is the anticipation of storms, I...
View ArticleReport on oil speculation
by Divorced one like Bush Anyone else see this report? The report by Masters Capital Management said investors poured $60 billion into oil futures markets during the first five months of the year as...
View ArticleWyden’s Proposal for taxing oil and gas speculators
Ron Wyden, Democratic Senator from Oregon who serves on the Senate Finance Committee and the Energy Committee, is generally considered a liberal, though with a mixed bag of positions that hardly...
View ArticleWas I Wrong? Is Oil Trading Primarily a Speculative Market
How else to explain a 20% drop in prices since The Destruction of the Gulf of Mexico? Oil fell below $70 Monday, reaching a low of $69.27 before rebounding slightly…The turnaround has been sudden — oil...
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Where Has All The Money Gone, Part II – Finance Sector
In Part I we saw that labor’s earnings have lagged far behind GDP growth. (More on earnings stagnation here) Meanwhile, corporate profits have grown at a rate that, until recently, increased over...
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