[Niteflyr]

HERESY! You BARBARIAN! How DARE you question the pure and innocent intentions of the speculator market! Speculators are GOOD for the economy! Why if we didn’t have speculators driving up the price of oil, corn, wheat, soybeans and other necessary commodities we might all still be driving around and paying $2/gal for gas. And we can’t be having THAT, now can we?

Exactly....word to the wise....take what these traders here say with a grain of salt and your fingers holding your nose...they have their own agenda...not a good source for commodities market information in our current situation...

[Niteflyr]

Kind of like the fox sitting there with feathers all around his mouth, saying: "I had nothing to do with that hen house incident"...

Is that a good source for information?...best to go to those with no conflict of interest....analysts from outside...

[Blood of Tyrants]

One of the most specious arguments they come up with is that the speculators provide “liquidity”. Yes, liquidity is a good thing, but where speculators are actually needed is where you have a product that has a limited market and it is difficult for the seller and the buyer to get together or where the seller needs an infusion of cash before they deliver the product. However, there is no difficulty in getting the seller and buyers of crude oil together nor do the oil producers need an infusion of cash. In fact the oil producers are swimming in an ocean of cash due to speculators.