tag:blogger.com,1999:blog-19184418.post1927073416599451094..comments2024-03-09T22:15:04.984-08:00Comments on Global Paradigms: Why blame 'speculators' for oil price run-up?Leon Hadarhttp://www.blogger.com/profile/07074306142674999554noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-19184418.post-7078908450911764492011-11-22T03:35:12.177-08:002011-11-22T03:35:12.177-08:00I think everybody should glance at this.
king size...I think everybody should glance at this.<br /><a href="http://www.kingsizebed.ca" rel="nofollow">king size bed</a> | <a href="http://www.greetingphotocards.com" rel="nofollow">greeting cards</a> | <a href="http://www.leftoverturkeyrecipes.org" rel="nofollow">leftover turkey recipes</a>Jacobnoreply@blogger.comtag:blogger.com,1999:blog-19184418.post-8877726749807743022008-07-29T21:55:00.001-07:002008-07-29T21:55:00.001-07:00HapiBlogging to you my friend! Have a nice day!<a href="http://hapiblogging.blogspot.com/">HapiBlogging</a> to you my <a href="http://globalparadigms.blogspot.com">friend</a>! Have a nice day!Chesterhttps://www.blogger.com/profile/04314322844187808178noreply@blogger.comtag:blogger.com,1999:blog-19184418.post-74247443697153753702008-07-28T15:44:00.000-07:002008-07-28T15:44:00.000-07:00You seem to have missed a major piece of the news....You seem to have missed a major piece of the news. The proposed regulations are directed at NAKED short selling, where the shares are not even located, as opposed to ordinary short selling, where the shares must be borrowed and then only from accounts that have purchased on margin and do not own the stocks outright.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19184418.post-66023367272862845052008-07-27T19:14:00.000-07:002008-07-27T19:14:00.000-07:00You’re observation about the economic illiteracy o...You’re observation about the economic illiteracy of the average American is right on. It is probably accurate to say the same about most American politicians. Sadly, even economically literate politicians are still probably willing to pander to this nonsense.<BR/><BR/>To those who insist that energy prices are artificially inflated because speculators are driving up crude prices or that mortgage lenders are artificially devalued by short-selling speculators, my response is simple: if they are so certain then they should stop complaining and seize these OUTRAGEOUS, risk-free business opportunities. They should short crude, buy mortgage lenders, and (as a handsome reward for their shrewd market analysis) make a PILE of money at the expense of those unpatriotic/pessimistic/evil/idiotic speculators. What better way to teach those speculators a lesson, right? ;-}<BR/><BR/>Great piece. It is a shame that the bulk of its audience will not be American. You’re preaching to a Singaporean choir.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19184418.post-17082205420788488242008-07-25T22:14:00.000-07:002008-07-25T22:14:00.000-07:00Your criticism of the futures market can also appl...Your criticism of the futures market can also apply to much of the activities taking place in the financial market and that in some level is not "real." And certainly in terms of my own personal sentiments all my admiration goes to the entrepreneur that creates industries and jobs and not to the financial speculator. But if you accept the notion that the free market is the most effective way to create wealth and sustain individual liberty, there is no justification for the restrictions on most forms of financial exchange. Re oil. I've written quite a lot anout this in my recent book, Sandstorm: Policy Failure in the Middle East. In general, I think that the price of oil is an outcome of a complex forces involving the working of the energy markets and the policies of national governments. What's happening in the Mideast including terrorism is clearly a factor in all of this, although I think the rising denand for oil in China and other emerging economies is the most important reason for the rising prices.Leon Hadarhttps://www.blogger.com/profile/07074306142674999554noreply@blogger.comtag:blogger.com,1999:blog-19184418.post-64653886711120953952008-07-25T12:56:00.000-07:002008-07-25T12:56:00.000-07:00Dr. H.,Explain this to me:Why should a man be able...Dr. H.,<BR/><BR/>Explain this to me:<BR/><BR/>Why should a man be able to buy something he cannot physically accept? <BR/><BR/>My problem with commodity-trades in agricultural products and oil is this: I can buy tons of this stuff......warehouses of it in fact, while not owning a refinery or having a deal with a refinery or even a warehouse to store it in. Im not even a player in that market to turn this raw resource into a finished product, but IM ALLOWED TO INTERFERE IN THE MARKET ANYWAY.<BR/><BR/><BR/><BR/>To me, if you cannot accept delivery of a commodity (like having a very large storage facility in which you can store that oil or soybeans or whatever), then you dont have any business being able to buy any of it in bulk. <BR/><BR/><BR/>Aren't you afraid that in the future other countries that wanted to inflict some damage on the USA, would be willing to try and buy up some things we need in order to drive prices through the roof here? It seems to me that we could be asking for foreign meddling in our economy by allowing this.<BR/><BR/><BR/>One can leverage 16 times what they can buy in some hedge funds, allowing them to buy much more of a commoditiy than they could ever really afford right there from their keyboard. <BR/><BR/><BR/>Whether they are doing anyone favors by pointing out that company A or B is 'overvalued' is something that looking at the P/E ratio alone should let people know. Anyone who trusts company-men for a square analysis of a compainy's future prospects alone is asking to be mislead IMO. <BR/><BR/>Have we suffered ridiculously high oil prices (28 bucks a barrel vs. 150+ per barrel) because of fears of wars in the middle east or is there a real shortage in the ground? We both know there is plenty of oil under the land and oceans of this planet, and that we are nowhere near running out of it in the aggregate...............therefore one would seemingly conclude that 'fear' of political and terror considerations are driving the price up alone.<BR/><BR/>I cannot fathom the price of milk going up by a factor of 5 in a few years because some people were mad at each other somewhere. Only in oil do things get so far out of sorts-----to the real detriment of our economy. Petroleum is in tons of stuff you never think about....packaging, tires, etc. Its slowing everything down and inhibiting the recovery, it really is "sand in the gears" when its high like this.Anonymousnoreply@blogger.com