>> Look at the 2012 future prices for a barrel of oil...they are trading in the $70's >> 2012 will be "election season"....
Ugh. Okay, I'll bite.
The data might change. But, at the time I followed your link, May 2011 and Aug 2011 showed $70 *bids* on oil, too, while other months in the same year showed prices around $130. May 2011 isn't an election season. More importantly, there was NO volume at those prices.
Please help me adjust my tin foil hat. I'm not seeing what you're seeing.
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>> Look at the 2012 future prices for a barrel of oil...they are trading in the $70's
Jul 15 04:53 am
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All Comments by gashouse gorilla »Oil/Gold Arbitrage Opportunity [View article]
>> 2012 will be "election season"....
Ugh. Okay, I'll bite.
The data might change. But, at the time I followed your link, May 2011 and Aug 2011 showed $70 *bids* on oil, too, while other months in the same year showed prices around $130. May 2011 isn't an election season. More importantly, there was NO volume at those prices.
Please help me adjust my tin foil hat. I'm not seeing what you're seeing.