Is it possible that Saudi arabia, Iran, Russia, Venezuela and others could manipulate the oil commodities market to such an extent that they can control the price of oil and tank the US economy??
There are intelligent people out there suggesting such a thing. The Hunt Brothers tried to corner silver but they had to buy the silver. The Saudis and other already have the oil.
I don't know enought about commodities markets to know. How about one of you experts telling me.
The Reverse Wealth Effect [View article]
With all the political rhetoric we forget how depended we are on one another.
The Reverse Wealth Effect [View article]
There are intelligent people out there suggesting such a thing. The Hunt Brothers tried to corner silver but they had to buy the silver. The Saudis and other already have the oil.
I don't know enought about commodities markets to know. How about one of you experts telling me.