Mar 08, 2014
"...Answer - because oil futures trading will allow them, the traders, to set the market price for WHATEVER they want it to be so that they make a TON ON MONEY!
Simple, IBM!" Saw your post there at the IBM topic. It is NOT the traders per se, but the MANIPUTATORS. Every common investor is a trader to a degree, and even the little money that a day trader puts in does not make him or her a MANIPULATOR. The MANIPULATORS are Big Oil, OPEC, foreign governments and our own, the big Banks, Big Business, the ultra-wealthy, the Refiners, and more. Especially the guys that set the prices on the exchanges. The people investing $500 to even $100,000 are not the MANIPULATORS that make prices go up or down.