I didn't say single-handedly. He represents a group that has in excess of
$100 billion to invest. Futures options allow someone to leverage their
money without putting a lot of money up front. It's absolutely
possible...and likely. Just wait and see.
To spend $100 billion on oil "futures", (which are highly leveraged), wouldn't
that effectively buy up most of the world's production? Gaining a monopoly on a
resource.....hmmm......sounds like a good old fashioned capitalist Republican
pastime to me. :-)
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