SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (132208)3/16/2017 8:38:24 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 217982
 
Most of these items are products sold by betting palours, like Paper Oil.

You can't refine paper oil into a fuel which can power your car or jet, heat your house or generate electricity.

Nor is there any tangible connection between real world oil prices and the price of paper oil and the and futures price of paper oil.

Much like actual gold, the price of actual oil is affected by supply and demand.

But the price of paper oil is affected by jitters, fears, tics, a political statement, a potentially cryptic message perceived to be in a comment by an OPEC nation leader, or a rise or decline in Fed rates.

Yet none of these myriad factors ever affect the cost of real oil.