Quote from kashirin:
It might be FED even buys futures to push prices higher
You would think why
Easy. Thier friends from investment banks need to cover losses. And oil is very convinient instrument
If Fed wanted lower prices why then they don't shut up all those forecasters from Morgan and Goldman?
Or better ban them from trading commodity futures
If they don't agree close discount window.
during the Cold War(s), the conduct being allowed under Goldman Sachs, Morgan Stanley and other prognosticators (Boone, Soros, other traders, etc.) would be views as
un-American activities.
At that time there was the cross dressing tough man thug image of the FBI and Hoover's G-Men to enforce those precepts. I call them that for lack of a better term, as they were not laws, just like the conduct and attitude that comprised the "red scare", and all the hunts for "reds", as well as non capitalist activities. During those extreme years, even socialist or humanitarian conduct was branded as being communist or communist sympathizers. None of these concepts were quantified and ratified into laws, however, during those time anyone could identify what being un-American meant.
What these media stations continue to do:
.. CNBC and their Fri, June 6th, 9pm Oil Crisis special 60min report,
.. CNN HN, CNN, BloombergTV, Fox Business TV
What these prognosticators and these brokerage companies continue to do without conscience for their actions....
What conditions that we have at present and saw on friday's -413 DJIA scenario...
are un-American and by their actions directly destabilize and add to the dire economic conditions previously referenced as "systemmatic risk levels".
so, there you have it,
what these people continue to do, must be being orchastrated, and causing such internal domestic strife that there either is some other reason and authorization or something more controlled or sinister,
either way,
each time they do it, they do it knowing that outcome is predetermined.
Wonder whether they aren't gaminig the play?, putting in shorts then casting dispersions and causing market collapses?