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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (91321)9/30/2007 4:32:10 PM
From: Bearcatbob  Read Replies (1) | Respond to of 206131
 
"If you buy crude contracts the way Don does, the risk is in my estimation enormous because the risks are political, e.g., the recent Canadian blindside and the excess profits tax of the 70s, and are leveraged. A possibly toxic combo, which is why the reward is so spectacular."

How are there political risks with crude futures?