Monday, Oct 09, 2006

Will oil prices rise again later this year?

Lew Rockwell.com: Gasoline Price Manipulation Before the Elections

Is Goldman Sachs manipulating the gasoline futures market to push prices down before the November elections?

It sure looks that way........

Posted by midlandred @ 06:21 PM (447 views)
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2 Comments

1. Miniftse said...

Nice find - the presidential election eh. I also understand they try plunge the main markets e.g. DOW just prior to the mid terms, so when it comes around to 2008 they can report how they've fixed the economy. With this in mind I was going to pick up some BP stock in November and maybe a bit of gold for a bull run next spring.

Tuesday, October 10, 2006 11:51AM Report Comment
 

2. Andyhann said...

Interesting if true.....presumably it is legal to change the basis of the index like that? Will this mean we will see oil price rises after November..... feeding through back into inflation ....etc etc? Let's see

Tuesday, October 10, 2006 12:34PM Report Comment
 

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