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Old 05-17-2008, 10:18 PM
italkcash italkcash is offline
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Default Hedge Funds playing the oil?

Lately prices at 127$ and above per barrel is absurd. Especially considering that the demand has not grown by 20% in a month. Therefore the underlying force must be speculation and induced fear of even higher prices.

Clever Hedge Fund managers has for sure played the oil game lately. With their combined asset of trillion of dollars, and nobody to keep them regulated, Hedge Funds can play the oil market all the way to 200$ a barrel and still make a fortune before consumers start to "take the bus". With this in mind, invest in a commodity based Hedge Fund or start buying oil futures now, its going to keep going one way, and thats up for the next time to come.
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