What's the Real Story With the Price of Crude Oil? [View article]
- - - - creates incentives for speculators to purchase oil, take it off the market, store it and then sell it at some point in the future - - -
Now I get it. So those cool dudes in Armani suits, driving tankers full of crude are the speculators taking the oil off the market for storage. Where are these storage depots, pray tell ? In a tank farm in the backyard of the speculator's house in Brooklyn?
Ok guys I am a neophyte so please tell me whether I am correct. If one want's to find out what the speculators are doing then one looks at the CBOE and specifically the CRUDE OIL open interest. Now if one finds that most speculators s are long we can then blame them BUT what if most speculators are short? If they indeed are SHORT then we cant blame the specs or am I daft?
King Dollar Roars Back [View article]
Infinite dollars versus finite gold = ?
What's the Real Story With the Price of Crude Oil? [View article]
Now I get it. So those cool dudes in Armani suits, driving tankers full of crude are the speculators taking the oil off the market for storage. Where are these storage depots, pray tell ? In a tank farm in the backyard of the speculator's house in Brooklyn?
Oil's Supply and Demand [View article]