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  1. M

    Slaughtering the Sacred Cows of the trading industry

    According to professional who talk to oil traders everyday they say that "You know, when we talk to refiners and other industry contacts, they consistently come back and say without speculation oil would be in the $65-70 range today." http://www.iptv.org/mtom/story.cfm?Lid=1127 It is not...
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    Oil crisis simple solution - outlaw margin trading of commodities - why not?

    Reply: You can't get much lower than the current margin requirement of 2%, unless you pay commodity traders to trade like Japan did a couple of years ago when their interest rate was -1%. Right now the rules are traders can borrow 98% of their trading cost and only put up 2%. Well I guess that...
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    Oil crisis simple solution - outlaw margin trading of commodities - why not?

    [To: Wrongside If you don't think big money ALREADY controls commodity prices, you are wrong. You do not have to have any net worth to trade stocks, but one can not trade commodities unless they have a liquid net work, excluding their home $100,000, last I was a stock broker. Big oil...
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    Slaughtering the Sacred Cows of the trading industry

    Response to Cutten: Those reckless gamblers you are talking about are banks, brokerage and investment banks, hedge funds, insurance companies, pension plans, etc. Todays sub-prime mess was caused by greed of all those banks that were selling packages of sub-prime loans. You sound like the...
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    Oil crisis simple solution - outlaw margin trading of commodities - why not?

    The evidence is simple. Look at what happened in 1929 when Pres. Hoover eliminated stock market margin credit from 90% to ZERO. The price of stocks fell by 90% from 1929 to 1933. History is a great judge of the ramifications of events. Certainly with commodity margin deposits required of...
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    Oil crisis simple solution - outlaw margin trading of commodities - why not?

    To traveling trader: I have been telling people that high commodity margin rates from 2% to 20% is the cause of high oil prices for 6 months. It is so nice to find that I am not the only one who thinks these unreasonable oil prices are due to gambling by commodity traders. I have researched...
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