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.
Showing posts with label Goldman Sachs. Show all posts
Showing posts with label Goldman Sachs. Show all posts
05/07/2011
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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 Galp Energia Group is a Portuguese corporation which consists of more than 100 companies engaged in activities such as: natural gas supp...
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