baloney...

Current Events » in reply to "A few speculators dominate vast oil market."

baloney...

TAFKASE — 8/22/2008 2:01:45 AM (archived)

For every dollar made by a speculator, a dollar is lost by another speculator.

Of course the government takes taxes from the winners, and the losers can write-off $3,000 in loses per year.

The whole thread (31 posts)

"A few speculators dominate vast oil market." - Bowser - 8/21/2008 7:03:09 AM
- baloney... - TAFKASE - 8/22/2008 2:01:45 AM
  - For someone actually to consume the oil, they have to buy it from someone in that market. - alcaray - 8/22/2008 2:26:24 AM
- How long can a nation survive consuming 1/4 of the world's daily oil production and only produce 13 percent of the world's total output? (n/t) - Jacob - 8/21/2008 8:00:15 PM
- I did, I did - Eri - 8/21/2008 7:04:19 PM
  - have you ever bought gas before you really needed to because you thought the price was about to go up? - TAFKASE - 8/22/2008 2:03:59 AM
    - Look up the Hunt brothers, for a fun read. - alcaray - 8/22/2008 7:18:55 PM
    - Too huge a stretch - Robert - 8/22/2008 4:34:03 PM
      - and furthermore II - Robert - 8/22/2008 7:53:51 PM
      - and furthermore - Robert - 8/22/2008 4:36:10 PM
        
        In the Randian Universe, - ER - 8/22/2008 5:21:52 PM
        
        In the Randian Universe, - Robert - 8/22/2008 8:03:18 PM
        
        You both seriously need to re-read Rand. - SDAI-Tech1 - 8/23/2008 12:30:24 AM
        
        anarchic individualism - Robert - 8/23/2008 6:12:57 PM
        
        Libertarians are anarchists with property. - ER - 8/23/2008 8:36:40 PM
        
        Here's the why's and wherefore's of our economy - Lindy - 8/23/2008 2:31:50 AM
        
        Excellent analysis - ER - 8/23/2008 1:47:28 PM
        
        re: Excellent analysis....."the altar of their greed. " - Lindy - 8/23/2008 2:57:32 PM
- re: "A few speculators dominate vast oil market." - ER - 8/21/2008 3:04:11 PM
  - Can you really vacuum profits endlessly? - Lindy - 8/21/2008 4:36:03 PM
    - Over-vacuumed? - ER - 8/21/2008 5:33:47 PM
      - ...... speculation eh? - Bluh - 8/22/2008 12:34:57 AM
        
        Hey bluh... - alcaray - 8/22/2008 1:00:11 AM
        
        re: Hey bluh... - Bluh - 8/22/2008 1:13:14 AM
        
        re: Hey bluh... - Bluh - 8/22/2008 1:15:52 AM
        
        That's a little unfriendly. - alcaray - 8/22/2008 1:21:07 AM
        
        pay attention eh? - ER - 8/22/2008 12:54:57 AM
        
        I suspect everyone and I suspect no one! (n/t) - Inspector Cluseau - 8/22/2008 12:54:25 AM
        
        Okay..I know everyone here has been waiting for my *speculation* on the oil market... - Jody - 8/22/2008 3:02:28 PM
        
        "And then you killed him in a rit of fealous jage." (n/t) - Inspecteur Clouseau - 8/22/2008 1:01:23 AM
        
        re: "Ahh... The old closet ploy, I do enjoy a good closet ploy." (n/t) - Inspecteur Clouseau - 8/22/2008 1:07:03 AM

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