yes, during Obama’s election, Soros & Co., made sure gas would skyrocket before and in the very month of the election.
They will do the reverse this time.
I would dump futures now. Every witch is a risk. We don't and can't know when they are going to drive the price to ‘Obama gets elected’ levels. But they will. They always do.
The problem is if Obama starts a war before the election. He has been Great at starting wars. He is very likely to do this, and if he does, all bets are off in terms of oil futures.
I remember clearly, because it was the only real issue the Republicans had to run on. Gas prices dropped like a stone six months before the election, and voters completely forgot it.
yes, during Obama’s election, Soros & Co., made sure gas would skyrocket before and in the very month of the election.
They will do the reverse this time.
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Really? How? If price is a function of supply/demand how other then massively increasing the supply of crude can he drive prices down? Even if Obama emptied the reserves it would have a very short term effect and the crude to replace what is now in the reserve (avg cost about $22.00 bbl) would be in the $100 range.
Give an example of how this(your scenario)could come about.