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To: Tommaso who wrote (41402)4/5/2005 2:10:16 PM
From: c.hinton  Read Replies (1) | Respond to of 206118
 
Belief is not substance.and we can discuss this till the end of time.but i reiterate that the ability to buy and sell futures with out the requirement of being able to deliver or to accept dilivery leaves the market open to speculation and manipulation.remember perception often drives the market rather than reality.at least when there are so many players.
and thank Milton Friedman for pushing to abolish that requirement on the Chicago Mercantile Exchange.



To: Tommaso who wrote (41402)4/5/2005 4:32:22 PM
From: SliderOnTheBlack  Read Replies (4) | Respond to of 206118
 
["As of August 2004, OPEC has been communicating that its members have little excess pumping capacity, indicating that the cartel is losing influence over crude oil prices."]

Okay, Okay...

Everyone keeps asking where I am coming up with all these numbers...time to give it up.

Here's my secret Oil Facts Source:

tomassos-pizza.com

Click on the 3rd mushroom icon just to the left of the bananna pepper by the pepperoni and it will warp you thru to OPEC's Top Secret Internal Inventory Study and Henriqi Blodgett-Muti's White Paper Report on:

"Mary Cheney witholding 3.5 Million BPD of new, additional Iraqi Oil Production hostage untill HAL shares hit $105"

As noted by Fadel Gheit: www.peakoil.org

[" Nestled into the heart of the area of heaviest oil concentration in the world is Iraq, overflowing with low-hanging fruit. No permafrost, no deep water. Just giant pools of oil, right beneath the warm ground. This is fruit sagging so low, as it were, that it practically touches the ground under the weight of its ripeness.

Not only does Iraq have vast quantities of easily accessible oil, but its oil is almost untouched. "Think of Iraq as virgin territory .... This is bigger than anything Exxon is involved in currently .... It is the superstar of the future," says Gheit, "That's why Iraq becomes the most sought-after real estate on the face of the earth."]

Iraq has 3.5 Million BPD of new additional Capacity that can be brought on market within just 6 to 9 months - but, only if Halliburton Stock can be pumped up thru $105 per share; so Dick Cheney's daughter Mary can cash in her shares and buy out Ellen Degeneres's Contract.

...there; now you have it.

Michael Moore was 1/2 right after all.

OPEC and the freeworld are being held hostage by Mary Cheney & Haliburton.

whodathunkit ?