[Video] Is Oil Price Speculation a Bad thing?

[Paul Or Nothing II]

1) Do you still support specific limits on oil speculation?
2) Do you think Ron Paul does as well? [duh, no]

We know Ron Paul would not support your statist plans to end oil speculation. You put forth a proposition that disagrees with his limited-government platform. So why the fuck do you ask, "does anyone think that if Ron Paul were POTUS he would allow giving big oil co's $4b a year and keep bases all over the world in part to protect oil co's interests?". You accept him as an authority for argumentation only when convenient? Do you not realize he would say - more or less - "Well as President I can bring the troops home - the commander in chief has that authority. The tax policies and subsidies have to be changed in Congress but I would definitely support ending BOTH the subsidies AND the taxes!".

+1

We can clearly see how low IQ, anti-market, pro-government commies exhibit cognitive dissonance & jump randomly from one topic to another!

As for Ron, his position is VERY clear, has been for decades now, he wants less government, less regulation & allow the markets to work themselves out & he believes government's ONLY role is to protect liberty, that is, deal with people violating others' life, liberty or property but then anti-property communists wouldn't know anything about property-rights

Anyways, so he'd let the exchanges & speculators mind their own business & would never try to regulate the prices, margins or interfere in the markets in any way because he believes in PROPERTY-RIGHTS but apparently commies' IQ is too low to recognize such things

Here's Ron talking about the bubble, bailouts & DERIVETIVES MARKET SPECULATION, which got a lot of attention from anti-market, pro-government, pro-regulation communists, who always want government to "regulate" & takeover everything, more government is ALWAYS their answer, not the markets but Ron understands that it was the Fed & government that was the problem so "regulating" the speculation won't do sh!t; similarly just as right now, it's the US-Iran friction that's causing most of the uncertainty in the oil markets & thereby speculators gearing up for a possible future shortage, which is what they're supposed to do anyway - to take risks on behalf of producers/consumers about what the future supply & demand situation might be; those who predict correctly are rewarded while those incorrect lose money & are eliminated from the market sooner rather than later

[ILUVRP]

PON 2 , why does someone that disagrees w/u a commie , you really have a problem .

i will remind you today , don't forget to take your pills .

[ILUVRP]

HB "srsly? Big Oil's CEO compensation is none of your damn business. "

show me where i have EVER said anything about CEO compensation . i said co's ( companies ).

i agree it is no one's business except share holders / board of directors what any ceo makes.



TFH , what is it i am missing here , i did say above that we export about 120 million a day , the $4 billion that the american tax payer give to oil companies is in the form of sub's.

good grief .

as far as a sound $$ goes , as far back as i can remember the only sound currency in the world is the swiss franc.

the dollar has been a POS since 1913 , it always will be .

i don't want HB and TFH to miss my answer , they may think i forgot about them .

[Aurave]

"Many a progressive would love for gas, oil, gold, and silver to price controlled and consumption limited (rationed). Thanks for supporting their agenda. "

i have never said anything about controlling any market , raising the margin requirements on only crude oil is not controlling anything , controlling over $100,000 worth of crude with about $6,000 is very stupid , if the true hedgers want to hedge then they could do so with 70-75% magrin and make them take delivery of the crude when the contract expires. if they honestly think crude oil is heading higher ( thats why they headge on the long side ) then they will still do great.

i repeat i am not saying anything about metals-grains-softs or any other commodity , i was trading gold/silver when the CFTC came down on hunt-an arab-a south anerican when they tried to corner the silver market , the cftc raised margins , limited the number of contracts a non heager could have ( hunt should have bought a small silver mine before he started ) , all of which were wrong . hunt went on call for hundards of millions of dollars , it broke him.

who really cares how high silver/gold goes , no person needs either , we can't eat them or burn them in our cars/trucks/trains/planes , some heavy hitters must have been very short the silver mkt so they changed the rules of the game , thats all it is .

if they want to play the crude oil game then they will have to pay more , it would not effect the true hedgers like South West Airlines.

i will add rep boehner had it right when he said obama had all the tools he needs , he has the cftc , to obama its all about getting reelected.

Precious metals have no convenience yield. For someone who acts like they know something about futures markets and crude oil it seems obvious you would know that, "speculators" can "corner" and "manipulate" precious metals but its just not possible with anything else. Soybeans, wheat, crude, what ever.

[luisOlsen]

It can be yes and it can also be no. it depends on a country's economy.

[ILUVRP]

i sort of disagree that "speculators" can "corner" and "manipulate" precious metals " , the reason being the metal g/s , miners ( there are hundards and hundards of them ) know pretty much their costs / yields and if the price gets too high for them because of pumping up the price of gold , the miners will sell forward more of their production , thus driving down the price .

also there is a threat of goverments selling gold , the metat markets are really one of the most stable markets being traded. it will have spikes (both ways ) now and then , there is always the threat of people cashing out of the big gold funds , making funds sell gold to raise cash.

metal mkts to me are one of the more stable mkts , unless there is a complete melt down in the world . over time gold should go up in a steady climb as all the easy to find/mine has already been found.

as far as grains , there is always the weather scare , too much rain/too little rain .

[Black Flag]

Speculators cannot "corner" a market.

For every buyer there is a seller.

For everyone thinks oil is going up, so they buy now, there is a seller thinking oil is going down, so the sell now.

To blame the cost of a good being manipulated upwards by such a scheme is strange.

[Aurave]

i sort of disagree that "speculators" can "corner" and "manipulate" precious metals " , the reason being the metal g/s , miners ( there are hundards and hundards of them ) know pretty much their costs / yields and if the price gets too high for them because of pumping up the price of gold , the miners will sell forward more of their production , thus driving down the price .

also there is a threat of goverments selling gold , the metat markets are really one of the most stable markets being traded. it will have spikes (both ways ) now and then , there is always the threat of people cashing out of the big gold funds , making funds sell gold to raise cash.

metal mkts to me are one of the more stable mkts , unless there is a complete melt down in the world . over time gold should go up in a steady climb as all the easy to find/mine has already been found.

as far as grains , there is always the weather scare , too much rain/too little rain .

I cannot comprehend your idiocy, it now seems obvoius that you are just a troll with the handle "ILUVRP" set out to antagonize people. You argue crude futures markets are being manipulated by "speculators", and now that I mention that precious metals are the only commodities that are theoretically even susceptible to the type of manipulation you think is happening for crude, you go on and disagree with everything you previously said.

Obvious troll is finally obvious. At least I hope, otherwise you are a functioning mildly retarded individual.

[Madison320]

I think the fact that commodities can change hands at almost no cost is a good thing. Why would a zero cost transaction raise the price of the final good? All these people that think forcing you to take physical delivery would lower the cost are wrong. THAT would drive up the cost.

[ILUVRP]

I cannot comprehend your idiocy, it now seems obvoius that you are just a troll with the handle "ILUVRP" set out to antagonize people. You argue crude futures markets are being manipulated by "speculators", and now that I mention that precious metals are the only commodities that are theoretically even susceptible to the type of manipulation you think is happening for crude, you go on and disagree with everything you previously said.

Obvious troll is finally obvious. At least I hope, otherwise you are a functioning mildly retarded individual.

i have never said metals/grains/softs are be manipulated , they cannot be as they trade in a free market , not so with crude oil , look back at history and see how many times the saudies have reduced production because they thought world prices were too low , they have said they will never produce over 10 million ba/day.

at least read how on ICE gs buys and sells crude with jpmorgan to keep the price of crude up .

no person has to buy gold/silver/grains/beef/hogs/treasuries , we do have to eat but we can select what we want , everyone needs fuel .

free markets will always work , prices will even out . crude oil is not a free traded market.

just because people have to pay $4/gal for gas does not mean its worth $4/gal , ask a over the road trucker how he is doing. all other commodities are only worth what someone will give for them.

let me add , i am on 2 other forums , and 6 car forums , i have never seen people call others names because they disagree with them , calling people names does not make the name caller more correct.