Friday, December 24, 2010

hey are manipulating inventory reports and demand forecasts to shore up prices.Demand: down
Consumption: down
Oil Finds: UP
If the number one consumer of any other commodity, the price would be determined by the buyer not the seller. It is the greed of the commodity trader looking for the quick buck that is setting the price. The high price of gas is a major factor in keeping our economy downHere is the deal boys and girls. Yes OPEC production has a lot to do with the price of oil, but investors are the ones actually picking your pocket. Thats how oil got to $150.00 a barrel to start with. Watch the market. since oil prices crashed at the end of 2008, when things stabliized oil prices have moved back and forth between $60.00 a barrel and $80.00 a barrel. you will see a sudden down surge in price, it will stay there for about 30 days and then for no reason prices will begin to shoot up again. then it will level out for about 30 days and the process starts all over again. These are the investors buying and selling oil futures. you can't beat them so try joining them. when oil goes down and levels out for a couple weeks buy. no doubt it will start to go up again when it does wait till it levels out agian then sell. you pick up the change inbetween. If you watch the trend closly you will see that I am right. watch it and post your comments

No comments:

Post a Comment