Commodities Trader speaks on 9/11

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
7,408
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jun 29, 2006

Commodities trader calls 9/11 "a blessing in disguise". How speculators make profits from war
and destruction. Is the free flow of money (hot money) and speculation by hedge funds etc. a stabilising or destabilising force?

  • likes, 2 dislikes

Link to this comment:

Share to:
see all

All Comments (18)

Sign In or Sign Up now to post a comment!
  • @AirelonTrading Great truth pal!

  • You do realize that it's the culture that we live in that produces people that think this way, and may also be one reason why we were attacked in the first place.

    The golden calf is a destroyer of nations.

  • Why is it people never talk about those who SHORT oil (Profit from fall in price). Speculation isn't "Buying and hoping the price goes up". That's one HALF of speculation. And during this entire rise of oil prices - the small speculators were trying to SHORT it. Profit from a fall in prices.

    watch?v=JO6dhGhLh6Y

  • Why is it people never talk about those who SHORT oil (Profit from fall in price). Speculation isn't "Buying and hoping the price goes up". That's one HALF of speculation. And during this entire rise of oil prices - the small speculators were trying to SHORT it. Profit from a fall in prices.

    watch?v=JO6dhGhLh6Y

  • OIL SPECULATION PROVIDES A BASIC ECONOMIC SERVICE TO SOCIETY.

    PEOPLE SHOULD BE THANKING OIL SPECULATORS THAT WE'RE NOT PAYING $300 FOR A BARREL OF OIL. In fact - small specs LOST money during this rise.

    At least have some understanding of basic economic principles. The more people you have bartering for fair value on any given commodity given the supply / demand variables, the more fair that price will be as it relates to the supply / demand.

  • Actually, they are, and they do.

    The commercial interests (as displayed on the COT report) are by far the largest group, and they are the ones taking delivery of the actual contract.

    Since their business is money - and they believe that the speculators and large traders are essential for both liquidity and crowd wisdom - they are bartering for fair value for the commercials that take delivery come LTD (last trading day)

  • There's a special place in hell for people like this....

  • Capitalism at it's best!

    Wake up slaves!

  • Wrong,

    For every person who gains from a trade another loses. To say that all traders gained from this event is 100% incorrect.

  • OIL SPECULATION PROVIDES A BASIC ECONOMIC SERVICE TO SOCIETY.

    PEOPLE SHOULD BE THANKING OIL SPECULATORS THAT WE'RE NOT PAYING $300 FOR A BARREL OF OIL.

    Lord. At least have some understanding of basic economic principles. The more people you have bartering for fair value on any given commodity given the supply / demand variables, the more fair that price will be as it relates to the supply / demand. Why is it people never talk about those who SHORT oil (Profit from fall in price)

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more