Quote:
Originally Posted by RougeUnderoos
I honestly don't believe anyone knows. They are all just faking it.
If this story said "oil slumped by $25 a barrel on the heels of the government bailout" with all the same reasons given, we'd have the same reaction.
|
Yes.
I like the justification in some articles today initmating that "oil's increasing as people are seeing it as a hedge against inflation".
Isn't that supposed to be something less volatile, like gold?
Ridiculous that investors suddenly turned a commodity like oil into an extension of thier own schitzophrneic market barometer. Has OPEC even said I think in the past months to affect the supply (thus the demand=price)?