Jun 24, 2014
"So those idiot speculators realized the world's oil is not going to end tomorrow." It's not the speculators bro! If you've ever made an investment, YOU'RE a speculator. It's strictly the MANIPULATORS as they control the prices, news and the supply. If I or you were to buy one or two or five contracts on the hopes that the prices would be up, that doesn't drive up the prices. Plus, one to five contracts is nothing compared to the tens of thousands traded every day. Only the ultra-wealthy, OPEC, Big Oil, the big Banks, etc., have the money to buy the hundreds and thousands of contracts that they do to help move prices up, and they're part of the MANIPULATORS.