Sunday, January 13, 2013

Why are Banks Allowed to Manipulate the Oil Markets?

When is this country going to say enough is enough and start putting people in jail for this kind of blatant market manipulation? It is obvious that the Oil market is manipulated, oil has gone nowhere for five months because there is no reason for it to go anywhere, i.e., there are a ton of supplies on the market, no Middle East disruptions, Israel hasn`t attacked Iran, huge builds in gasoline products, no jump in demand.

And yet Oil mysteriously rises $10 in this common period for manipulating markets at the tail end of the year, and the beginning of the new year, let`s juice it up before the contract rollover, no one cares, no one is really looking too closely at what we are doing, everybody is focusing on fiscal cliff issues and the debt ceiling debate.

Read more: http://oilprice.com/Finance/investing-and-trading-reports/Why-are-Banks-Allowed-to-Manipulate-the-Oil-Markets.html

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