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fxtrader07's
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@paultaut: of course, they can. you can buy an oil-etf such as uso and hold indefinitely. uso will buy the futures in turn and roll them over. if another 20billion$ flow into uso it creates an additional demand for nymex crude futures and swap products of about 20 billion value.
Jun 18 10:05 am
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All Comments by fxtrader07 »Economics of Oil Futures Trading, Part II [View article]
so the price goes up, of course.
But Mr Perry won't see it from his PhD ivory tower that obviously is not connected to the real outside world