Search results

A casino is fine as long as consumers and producers are the only ones invited. When the speculators come in they screw everything up.

The US empire officially ended on January 20, 2001.

Then who is it due to? Everyone is a margin trader in this market including producers, funds, institutions etc.

There is plenty of liquidity in the real market between real consumers and real producers. More money is spent on oil and related products than probably any other commodity. Is that enough liquidity for you?

Actually speculators cannot sell short in a massive (yet artificial) uptrend - unless they want a margin call.

We don't need price controls. We need a system where actual demand from actual consumers and actual supply from actual suppliers are what determine price. Imaginary demand from trend followers, bots, funds, institutions that will never take delivery must be removed from the equation. In...

Consumers and producers that actually plan to make or take delivery. Not gamblers, speculators, funds, manipulators etc. that have no intention of ever making or taking delivery.

So when are we going to stop allowing casinos to determine the price of gas and food?

There is no relationship whatsoever between the true economic value of oil and the gambling activities that occur at NYMEX and ICE. The CEOs of the big oil companies know this and the sooner the rest of the world realizes it the better off we will all be. The true economic value of oil is...

What is really stupid if you think about it is the fact that trading of stocks is much more tightly regulated than the trading of commodities. If a bunch of speculators want to drive the price of a stock up to a price that does not make sense that is fine, it not going to harm the average...

I think you are right. The increase in oil price is only 99% speculation.

"The market can remain irrational longer than you can remain solvent" I could see oil going to $200 or higher. But it will be back below $70 within two years.

Oil crisis simple solution - outlaw margin trading of commodities - why not? As others have pointed out, it would be very easy to pop the commodity bubble and have $35 oil and $1.25 gas if margin trading of commodities was outlawed. What I don't understand is why this isn't being...

Speculation or fundamentals - which is the primary cause of the oil price spike?

Why not? He has done it the last few times.

I thought they only sold the mortgage servicing business. Did they sell ALL of Option One including the subprime mortgages?

http://www.ft.com/cms/s/0/edbdbcf6-f360-11dc-b6bc-0000779fd2ac.html We will never have a perfect model of risk By Alan Greenspan Published: March 16 2008 18:25 | Last updated: March 16 2008 18:25 Bromley illustration The current financial crisis in the US is likely to be judged in...

http://www.reuters.com/article/newsOne/idUSL1491971920080314 Weak dollar costs U.S. economy its No. 1 spot Fri Mar 14, 2008 5:17pm EDT PARIS (Reuters) - The U.S. economy lost the title of "world's biggest" to the euro zone this week as the value of the dollar slumped in currency...

Just enormous losses virtually every day. As for the endorsements John Hill is a publisher not a trader, Price Headley is not a profitable trader I have heard, Mark Douglas is either modestly profitable or unprofitable from what I have heard, and Carolyn Boroden is a technical analyst not a...

A while back I was on an email list that was getting the daily results from a managed account program he was promoting. I've never seen anyone lose as much money as he did as quickly and consistently as he did. It was mind boggling. Needless to say I did not sign up for the program.