Go Back  PPRuNe Forums > PPRuNe Worldwide > Fragrant Harbour
Reload this Page >

Oil prices drop to a 7-month LOW...

Wikiposts
Search
Fragrant Harbour A forum for the large number of pilots (expats and locals) based with the various airlines in Hong Kong. Air Traffic Controllers are also warmly welcomed into the forum.

Oil prices drop to a 7-month LOW...

Thread Tools
 
Search this Thread
 
Old 24th Jun 2012, 18:44
  #21 (permalink)  
 
Join Date: Nov 2011
Location: Here
Posts: 343
Likes: 0
Received 0 Likes on 0 Posts
The Saudi's are pumping oil ten to the dozen on behalf of Barry Soetero, I mean Obama. This is an election year so the powers that be want oil at a low price to appease the punters. It also helps the power crazy elite before they commence QE3 some time in the Autumn; to bail out their bankster buddies. This way oil is starting at a lower base giving them more fiat money printing room. Oil prices will fall during the year but quickly reverse later on. Read the article below.

Saudis Pump All Out as the Global Economy Crumbles | A Lightning War for Liberty

Last edited by Threethirty; 24th Jun 2012 at 18:45.
Threethirty is offline  
Old 25th Jun 2012, 02:37
  #22 (permalink)  
 
Join Date: Nov 2004
Location: Perth - Western Australia
Age: 75
Posts: 1,805
Likes: 0
Received 0 Likes on 0 Posts
arse - Yep, and I've got a sure-fire winner for you in the daily double at Ascot, in the form of Chewing Gum, who's known for sticking to the rails.
Don't bother with investing in The Market Sectors Oil Services ETF, you ain't seen the bottom of the barrel (literally) yet. The world oil price is the most artificially inflated market in the world, thanks to the shadow financial system.
We have been paying for global banks losses from the GFC, in the last 4 yrs, via unbelievable prices at the bowser, thanks to their manipulation of world oil prices.
onetrack is offline  
Old 25th Jun 2012, 03:23
  #23 (permalink)  
 
Join Date: Nov 2007
Location: Brexitland
Posts: 1,146
Likes: 0
Received 3 Likes on 2 Posts
5G/Jo B
Mind you it's a pretty loose market and we know and love loose slots!!

Last edited by Arfur Dent; 25th Jun 2012 at 03:25.
Arfur Dent is offline  
Old 25th Jun 2012, 03:27
  #24 (permalink)  
 
Join Date: Aug 2008
Location: Polar Route
Posts: 5
Likes: 0
Received 0 Likes on 0 Posts
Wow, I thought demand had something to do with the price. I realize we live in "exceptional" times, and that Economics 101 have been completely flushed down the toilet by the first ever generation of greedy bankers and their paid-for politicians.

Get a life guys...
cxorcist is offline  
Old 25th Jun 2012, 17:30
  #25 (permalink)  
 
Join Date: Dec 2011
Location: Wherever I lay my hat.
Posts: 110
Likes: 0
Received 0 Likes on 0 Posts
Shame JS and the Hedgesters can't employ the same level of Worldly Wise common sense!
Being so much smarter than EVERYONE else must be a wondrous thing!

Last edited by Kasompe; 25th Jun 2012 at 17:31.
Kasompe is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.