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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
All it was is some trader that finally had to cash-in a large futures contract.
That's why the price fluctuates wildly everday to every week.
Traders cashing in contracts. No no wait, silly me. It's supply and demand jumping up and down wildly every hour of the day every week and every month.
All it was is some trader that finally had to cash-in a large futures contract.
That's why the price fluctuates wildly every day to every week.
Traders cashing in contracts. No no wait, silly me. It's supply and demand jumping up and down wildly every hour of the day every week and every month.
The fact that demand/use and supply are only 2% difference ALLOWS SPECULATION TO FLOURISH!!
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
I thought maybe Clam was just jerking our chain with this central bank taking over the world stuff. But then I realized he was just providing a smokescreen for the real folks who are taking over the world - either the TriLateral Commision or the Illuminati, whoever it is this week.
Smokey-
I wish this was all just me jerking chains, but it's not, and I'm not providing a smoke screen for ANY of them- I despise what ALL of those people are doing. My investigation has pointed to the same folks you mentioned as well, but in terms pecking order, they are not necessarily at the top. Layer upon layer of deceptions and outright lies complicate and deliberately obfuscate the matter with ultimately only a few select family members running the show, or "holding the purse strings" and they certainly couldn't pull off the gutting out of entire nations without the obedient suckups that call themselves the "illumated" and the Tri-Lateral Commission, as well as the UN, the Council on Foreign Relations, NATO, the central banks' staffing, etc. Myriad organizations with "good intentions" and even some slick brochures and fancy web sites. Those groups are all in cahoots with each other in varying degrees, and they are the "elite" of the world- just ask them, they'll tell ya. But always remember one thing about ALL of them- they serve MONEY, because money is power, thus, the banking system which uses everyone's collective money for leveraging is at the top of the heap...right under the right thumb of aprox a dozen people who none of us would recognize if we saw them in the grocery store...but who own those banks. Old money people who have amassed fortunes over generations and have been able to buy laws and protections for themselves, so that they and accountability of their assets are absolutely hidden from direct view.
Those 10 to 13 people couldn't pull off what they are doing if they didn't have the suckups and wanna-be's doing what they tell them to do and providing cover for them. Conversely, the suckups and wanna-be's are so diverse in their philosophies, that without that dirty dozen manipulating them and their organizations, those organizations would never have gained the clout they have. There's one common thread through all of them that unites them, spoken or not, and it's their lust for money and the power that gives them. They don't even have to own it themselves to be enamored enough to seek it as the pinnacle achievement of their lives, because they get the same rush by controlling OTHER people's money, and thus, other people. The central banks make that very easy for them. But the real traitors are the ones who set up and "own" the central banks.
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clam the powerstroke grinch
2000 Excursion LTD 4x4
Slightly tweaked HPCR 5.9 Cummins
Allison 1000 5 speed auto
Last edited by clamgulch : 07-16-2008 at 11:57 AM.
No, if you think about what I'm saying, you will see that I'm trying to show you that the conspiracy is real, it's not multiplying but is rather singular in nature (absolute ownership and control), it's existed for generations, and only a few people are allowed in on it. But they've left a careless bread crumb trail of their doings that should NOT be blown off.
It's said that "absolute power corrupts absolutely." Should 10 men be allowed to control the earth's resources and finances by owning the currencies of the world...including untapped oil reserves?
Believe what you want about supply and demand- there's something much bigger going on here than that.
As an aside, you would do well to quote other sources than CNN. When it comes to journalism, that outfit got off the bus at the "shills and entertainment" stop. Yesterday's news headlines all said oil dropped because speculators panicked when Bush lifted the executive order banning offshore drilling and said, "drill, drill, drill." Eleven bucks a barrel is nothing, and nothing has changed overnight but "mood." I wouldn't be surprised if Bush's announcement wasn't preceeded by a few phone calls to a select group of his oil buddies. Of course the price was going to drop- but when the speculators figure out that drilling isn't going to start tomorrow and glut the oil by the time their put options come due, they will continue to drive it up, up, up. Why are they allowed to? Maybe that oil in the ground belongs to central banks, just like our gold does, and those banks BENEFIT from the parasite speculators.
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clam the powerstroke grinch
2000 Excursion LTD 4x4
Slightly tweaked HPCR 5.9 Cummins
Allison 1000 5 speed auto
Last edited by clamgulch : 07-16-2008 at 12:13 PM.
This "drop in demand" means that oil tanks somewhere are now overflowing right?
If speculation is a ZERO sum game, how is Goldman Sachs making so much in this particular area and why did they Lobby so hard for an exchange here in the states that is not regulated by the CFTC?
That's good that these high prices are finally lowering demand. Once a few more airlines file bankruptcy, demand will drop a lot more.
This "drop in demand" means that oil tanks somewhere are now overflowing right?
No ! It means that some tanks that were empty now get full.
Quote:
If speculation is a ZERO sum game, how is Goldman Sachs making so much in this particular area and why did they Lobby so hard for an exchange here in the states that is not regulated by the CFTC?
Because they make commission on futures transactions. Commissions are not a zero sum game !
The fact that demand/use and supply are only 2% difference ALLOWS SPECULATION TO FLOURISH!!
It's a complicated balance.
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
Is not supply and demand, that's impossible for a supply fluctuation of that much in only 2 days.
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
The market is reacting to a number of things, including the fact that the US economy appears to be in some trouble, which will reduce the future demand for oil. Also, the inventory numbers (supply) came in better than anticipated.
It only takes 6% excess oil to adequately supply the world. We are at 2% right now. A little change means a big difference in price.
"The dollar fell to a new low against the euro, but that did little to halt oil's decline. The weaker dollar has driven prices sharply higher in recent months, enticing investors to pump money into oil as a hedge against inflation and making crude cheaper for overseas buyers".
Is this not true ?...
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Rick.....
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Is not supply and demand, that's impossible for a supply fluctuation of that much in only 2 days.
AMEN. That $10 or so is speculation- which is over and above the "supply and demand" price. Does anyone have any idea what the price of oil is WITHOUT speculation? Cost to pump and ship, "there" to here?
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clam the powerstroke grinch
2000 Excursion LTD 4x4
Slightly tweaked HPCR 5.9 Cummins
Allison 1000 5 speed auto
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