This is how the pyramid scheme is working amongst oil speculators:
Speculator #1: I buy oil from the market
Speculator #2: (he is a friend of speculator #1) I buy oil from speculator #1 at a higher price .
Speculator #1: I buy the same oil that I just sold at a higher price.
Speculators #1 and #2 contact the media (like AP) and release a bogus report about oil futures ...Oil goes up and the vicious cycle between these crooks continue to rob us blind ...
By the way the names of speculators #1, #2 are Goldman Sachs and JP Morgan.
SOUTH AFRICA SPRINGBOKS
South Africa laid the groundwork with traditional Springbok rugby and finished an out-gunned England side off with two late tries to win ...
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The crude Saga continues with the price reaching the $117,60 a barrel...due to OPEP speculation and greed ... All OPEC members have shown th... -
Please note these details may be subject to change THE NEWEST NATION IN EUROPE… PORTAXLAND This European Nation has so many t... -
WorldWatch Portugal office has informed than the cartel in the petrol price fixing practiced in one of Europe’s oldest economies continues!...
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