Another way for the sheeple to get hook by the 'powers of greed'.
All this at the expense of the real hedgers who need the oil futures markets, but can't make heads and tells of it, with the current ignoring of fundmentals by these "long" investment funds.
And, all this adds up to higher energy prices for all, which stymies economic growth as it cripples recoveries...
We need the "financial speculator" to get the hell out of the commodity markets and go play with stocks and bonds, where the fall out is not so damn globally devastating....
Crack Spreads for the Masses [View article]
All this at the expense of the real hedgers who need the oil futures markets, but can't make heads and tells of it, with the current ignoring of fundmentals by these "long" investment funds.
And, all this adds up to higher energy prices for all, which stymies economic growth as it cripples recoveries...
We need the "financial speculator" to get the hell out of the commodity markets and go play with stocks and bonds, where the fall out is not so damn globally devastating....