It's absolutely disgusting, this profiteering. They clearly invested in oil futures before they made their hysterical prediction, with the aim of cashing in on the rise that would result from the prediction itself.
There very well may be good money to be made by betting on this price spike to evaporate - wait 'till hit hits an apparent high then short it like mad.
Glad to see you and Poohbah remained. Whenever I get hot under the collar, I lurk and post on BigB type threads. Or I just take long hot shower. For days. Wrinkled beyond recognition.
Soros and co.. play the swarms of low and mid-level investment managers, and the individual investors like pawns.
I've made decent money a couple times watching them hype something, then selling it myself when it goes out of reasonable value...
Meanwhile these guys keep just hyping it and pumping it.. As it goes up a lot they start pulling out. Then its time to start shorting it, and bring out some negative analysis from their financial houses and financial publications.
The poor stupid bastard low level traders and investors end up eating it both ways. And then get suckered again a few months later.