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Re: Investors Wanted: Oil hits $142

Re: Investors Wanted: Oil hits $142

Submitted by athena on Wed, 08/06/2008 - 05:37.

Speculators can affect the market causing spikes, but "the market" eventually punishes all but the few who drive the system, and sets the real price of the product.

In the long run China and India are "the market"  and when enough of them can afford to spend like Americans they will get all the oil they can afford - which will leave nothing for the rest of us to bid on with money we don't have. 

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