Reply #6: I think it will be oil (again)

[JohnnyRingo]

With futures being pushed artificially through the roof, mutual funds and speculators using pension money are seeing it as a quick short term buck. Experts are predicting they will continue to rise throughout the summer, and it takes the edge off when it's someone Else's money, but when the music stops investors will be surprised as usual that there are so few seats left. this prediction that futures will keep rising may be part of the overall ruse.

The oil bubble is a financial time bomb that will leave many holding a bag that's worth much less than they paid and will send fragments throughout the market affecting even precious metal commodities. These pre-fab bubbles are a relatively newfound game for the Wall Street gangs and should be regulated out of existence. It's often overlooked that when someone loses their shirt, someone else gets a new wardrobe, and it's never by accident but through manipulation.

Oil is particularly damaging to our economy because we no longer back our currency in gold, but petrodollars. For that reason, oil futures should be more carefully regulated, much as the Chinese do the price of plastic tchochkas.