Please help me here, all this talk about speculators driving price up makes NO sense to me. Crude oil is an actual physical commodity, if you buy crude you have to store it some where, the only entity that has the wherewithal to do so is the US govt.
A future contract is an intangible, it's only worth is based on the price underlying commodity. A corollary is a share future. How would the purchase of stock futures drive up the price of the stock?
Raser Technologies: All Talk, No Profits [View article]
Companies & enteties that have signed up with Raser:
US Military: just received a major milestone payment Hyundai: have you heard of this co?
FEV Engine Technology
Tecstar SUV with an unnamed major automobile manufacturer Wilson Autoelectric About Wilson Auto Electric Wilson Auto Electric Limited is the largest independent North American manufacturer and re-manufacturer of alternators, starters and electrical component parts for the automotive, agricultural, industrial, heavy duty truck, and marine aftermarkets. For more information on Wilson, please visit www.wilsonautoelectric....
What's your agenda? Your post comes across as so smug with it's smart alec quotes.
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Latest | Highest ratedNYMEX: Speculators Aren't Driving Oil Market [View article]
A future contract is an intangible, it's only worth is based on the price underlying commodity. A corollary is a share future. How would the purchase of stock futures drive up the price of the stock?
Raser Technologies: All Talk, No Profits [View article]
US Military: just received a major milestone payment
Hyundai: have you heard of this co?
FEV Engine Technology
Tecstar
SUV with an unnamed major automobile manufacturer
Wilson Autoelectric
About Wilson Auto Electric
Wilson Auto Electric Limited is the largest independent North American manufacturer and re-manufacturer of alternators, starters and electrical component parts for the automotive, agricultural, industrial, heavy duty truck, and marine aftermarkets. For more information on Wilson, please visit www.wilsonautoelectric....
What's your agenda? Your post comes across as so smug with it's smart alec quotes.