The Hunt’s had basically unlimited funds in a very small, cheap market. Nobody has the $Trillions needed to move the oil market, its far too big. This is a Supply driven market that has been ignored for 30 years.
If you like $5/gal, Thank Congress in Nov.
Pray for W and Our Troops
Exactly! Plus, silver is easily stored — oil is hard to store (unless you count just leaving it in the ground). If you can’t hoard it, you can’t drive up the price. The U.S. Congress is hoarding far more oil than any speculators (by keeping it locked up in the ground).