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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-20-11 02:35 PM
Response to Reply #5
6. Considering the source
And recent Washington actions, "Lying through teeth" is the new black :p
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  -90% of oil trades are by short term speculators - CFTC Bill USA  Aug-20-11 01:58 PM   #0 
  - No surprises here.  TheWraith   Aug-20-11 02:01 PM   #1 
  - Yet, didn't then-Secretary of Paulson aver there was no speculation as oil prices  indepat   Aug-20-11 02:26 PM   #5 
     - Considering the source  Hydra   Aug-20-11 02:35 PM   #6 
     - in 2007-2008 run-up Goldman Sachs was a major player in speculating in oil. they were even hoarding  Bill USA   Aug-20-11 02:58 PM   #8 
  - Well they better get cracking...soon its a June article..  Historic NY   Aug-20-11 02:02 PM   #2 
  - Through speculation they made money on the way up  Skip_In_Boulder   Aug-20-11 02:16 PM   #3 
  - Naked trading should be illegal, period. It's just gambling, but with  plumbob   Aug-20-11 02:22 PM   #4 
  - A result of the The Commodity Futures Modernization Act of 2000  ChandlerJr   Aug-20-11 02:48 PM   #7 
  - Speculation obviously makes and impact on prices but what does  jwirr   Aug-20-11 04:12 PM   #9 
  - short term cap gains tax ....  guyton   Aug-20-11 06:29 PM   #10 
  - There is a simple solution to this.  LetTimmySmoke   Aug-20-11 11:08 PM   #11 
 

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