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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: patron_anejo_por_favor who wrote (101239)	5/20/2008 3:13:20 PM
From: elmatador	of 206093

OPEC memebr say: Markets appear divorced from the fundamentals. F. William Engdahl strongly says in a recent write up that the oil markets (and other markets too) today are controlled by an elaborate financial market system as well as by the four major Anglo-American oil companies. As much as 60 percent of today’s crude oil price is pure speculation driven by large trader banks and hedge funds. It has nothing to do with the convenient myths of Peak Oil. It has to do with control of oil and its price. arabnews.com

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