OPEC may cut output as prices slide Globally.

2008-08-19 00:28:34

#1

beerface702: Member; +65|6689|las vegas

http://economictimes.indiatimes.com/New … 377915.cms

Enjoy the slight relief while it last fellas.

2008-08-19 01:18:05

#2

Dilbert_X: The X stands for; +1,810|6102|eXtreme to the maX

They're not stupid.

Русский военный корабль, иди на хуй!

2008-08-19 01:22:12

#3

SgtHeihn: Should have ducked; +394|6483|Ham Lake, MN (Fucking Cold)

Their trying to drive commodities prices up. 90% of the price is speculation.

2008-08-19 01:29:57

#4

beerface702: Member; +65|6689|las vegas

well from what i read on bloom berg the speculator's have began to be regulated. Honestly i can't explain it because i don't care or remember all the details.

I think that's BS though, markets work off speculation in all aspects, not just commodity

2008-08-19 01:32:51

#5

FEOS: Bellicose Yankee Air Pirate; +1,182|6407|'Murka

SgtHeihn wrote:
Their trying to drive commodities prices up. 90% of the price is speculation.

Last I read, it was something like 20-30%.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2008-08-19 01:37:38

#6

SgtHeihn: Should have ducked; +394|6483|Ham Lake, MN (Fucking Cold)

FEOS wrote:
SgtHeihn wrote:
Their trying to drive commodities prices up. 90% of the price is speculation.
Last I read, it was something like 20-30%.

I was being sarcastic FEOS. But they are trying to drive speculation costs.

2008-08-19 01:41:33

#7

FEOS: Bellicose Yankee Air Pirate; +1,182|6407|'Murka

SgtHeihn wrote:
FEOS wrote:
SgtHeihn wrote:
Their trying to drive commodities prices up. 90% of the price is speculation.
Last I read, it was something like 20-30%.
I was being sarcastic FEOS. But they are trying to drive speculation costs.

Sorry. Didn't pick that up.

No doubt they are trying to drive up costs without actually having to cut production.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2008-08-19 05:36:56

#8

Dilbert_X: The X stands for; +1,810|6102|eXtreme to the maX

Yeah but 50% of that 90% is conjecture.

Русский военный корабль, иди на хуй!

2008-08-19 05:43:42

#9

ReTox: Member; +100|6495|State of RETOXification

Dilbert_X wrote:
Yeah but 50% of that 90% is conjecture.

Yeah, but 100% of it is greed and greed alone.

BF2S Forums OPEC may cut output as prices slide Globally.

SgtHeihn wrote:

FEOS wrote:

SgtHeihn wrote:

SgtHeihn wrote:

FEOS wrote:

SgtHeihn wrote:

Dilbert_X wrote:

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