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<blockquote data-quote="cheryl" data-source="post: 359797" data-attributes="member: 1"><p><span style="font-family: 'Arial'"><strong><a href="http://www.forbes.com/2008/06/03/soros-energy-congress-biz-beltway-cx_jz_0603soros.html" target="_blank">Soros Tells Congress To Pop An Oil Bubble</a></strong></span></p><p> </p><p><strong><span style="font-family: 'Arial'">...</span></strong></p><p></p><p><span style="font-family: 'Courier New'">While admitting he's not a specialist in energy, he said commodity markets bear unmistakable signs of speculative "froth." While much of the run-up in the price of oil is driven by tightening supply and growing demand, especially in the developing world, the entrance of new investors into the energy markets--from hedge funds to university endowments--has flooded the markets with money and caused the price of oil to diverge from fundamentals.</span></p><p>...</p><p> </p><p></p><p><span style="font-family: 'Arial'">I'm not a fan of government regulation, but in this case you may be able to talk me into it...</span></p></blockquote><p></p>
[QUOTE="cheryl, post: 359797, member: 1"] [FONT=Arial][B][URL="http://www.forbes.com/2008/06/03/soros-energy-congress-biz-beltway-cx_jz_0603soros.html"]Soros Tells Congress To Pop An Oil Bubble[/URL][/B][/FONT] [B][FONT=Arial][/FONT][/B] [B][FONT=Arial]...[/FONT][/B] [FONT=Courier New]While admitting he's not a specialist in energy, he said commodity markets bear unmistakable signs of speculative "froth." While much of the run-up in the price of oil is driven by tightening supply and growing demand, especially in the developing world, the entrance of new investors into the energy markets--from hedge funds to university endowments--has flooded the markets with money and caused the price of oil to diverge from fundamentals.[/FONT] ... [FONT=Arial]I'm not a fan of government regulation, but in this case you may be able to talk me into it...[/FONT] [/QUOTE]
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