Seeking Alpha

Cash_and_Fetal » Comments » Single Comment |

  • Energy and Metals Charts [View article]
    Your Analysis would only hold true if we were trading in FAIR AND OPEN markets....this market is the worst, most unfair, manipulated market EVER...even worse than Enron....

    If you didn't believe me with my first teaser....trying reading these articles...

    About ICE,IntercontinentalEx... Inc.


    Ice, Ice Baby Part 1
    www.star-telegram.com/...

    Ice, Ice Baby Part 2
    www.star-telegram.com/...


    Here are some teaser quotes:


    When Enron failed and took its private, unregulated energy exchange to the grave, another rose to take its place. The Intercontinental Exchange (ICE) was the brainchild of
    Morgan Stanley,
    Goldman Sachs,
    British Petroleum,
    Deutsche Bank,
    Dean Witter,
    Royal Dutch Shell,
    SG Investment Bank and
    Totalfina.

    In 2001 ICE purchased the International Petroleum Exchange in London; renamed ICE Futures, it now operates as an "exempt commercial market" under section 2(H)(3) of the Commodity Exchange Act. As the Senate hearings pointed out in the summer of 2006, "Both markets operate outside of any CFTC oversight."

    www.star-telegram.com/...
    We started as a society that worships hard labor and the basic business ethic of building value into the goods you create. How’d we get from there to worshiping Wall Street’s billion-dollar boys — who create nothing, build nothing, own nothing and deliver no goods, and yet can throw so much money into products made by others that they determine what we consumers will pay for those goods?

    Oil Movements tracks every tanker at sea, from both OPEC and non-OPEC oil countries, along with their cargoes’ final destinations. Anne O’Shea responded immediately to my request with their report dated May 8, 2008. Just so you will know, oil shipments are up from a year ago in almost every class, including Middle East oil in transit and Non-OPEC in Transit. The only class of oil shipment that has declined is covered on page 3 of that report. That chart is labeled, "4-Week Changes in Westbound Oil at Sea."

    That’s right, shipments of oil headed west have shown serious declines during the month of April, down 800,000 barrels per day in the week before the publication of the report


    This is EXACTLY what Enron did when it's Electricity Manipulation, Turning off power grids to falsely inflate demand on other grids....

    Jul 15 20:30 pm |Rating: 0 0
All Comments by Cash_and_Fetal »
Comments by Ticker
Cash_and_Fetal's
Comments Stats
23 comments
Rating: -1 (0 - 1 is )