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Regulate oil speculators
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<blockquote data-quote="av8torntn" data-source="post: 671165" data-attributes="member: 8259"><p>This is horrible. We can all agree I think that speculation helps create price stability. Two adults should be allowed to enter into contract with each other over the prices of commodities. More insane government intervention. Very sad indeed.</p><p> </p><p> </p><p>"But economists who studied commission data point out that exchange-traded funds and other investors have historically moved in the opposite direction of the market, selling when prices rise and buying contracts when prices fall."</p><p> </p><p>So our government in the name of protection is going to now over regulate this and cause oil and other commodities to soar. Here's to hoping the population to rise up to this proposed tyranny.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 671165, member: 8259"] This is horrible. We can all agree I think that speculation helps create price stability. Two adults should be allowed to enter into contract with each other over the prices of commodities. More insane government intervention. Very sad indeed. "But economists who studied commission data point out that exchange-traded funds and other investors have historically moved in the opposite direction of the market, selling when prices rise and buying contracts when prices fall." So our government in the name of protection is going to now over regulate this and cause oil and other commodities to soar. Here's to hoping the population to rise up to this proposed tyranny. [/QUOTE]
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