Speculation, Swaps and the Price of Oil [View article]
fxtrader07: I hate to tell you, but the Federal Reserve Bank is a private corporation and JP Morgan is its largest shareholder. Whose interest do you think Ben has at heart?
And to Mr. Kedrosky, the author of this fine piece, go look at the volumes. There has been scant volume in the forward months for the last year. The specs who are holding oil for ransom aren't interested in long-dated contracts. They are rolling from the front month to the next the week before the contracts expire. And your comment on hoarding is spot on. But that all may soon end.
Speculation, Swaps and the Price of Oil [View article]
And to Mr. Kedrosky, the author of this fine piece, go look at the volumes. There has been scant volume in the forward months for the last year. The specs who are holding oil for ransom aren't interested in long-dated contracts. They are rolling from the front month to the next the week before the contracts expire. And your comment on hoarding is spot on. But that all may soon end.
U.S. Bank Dividend Yields Revisited [View article]