JoeSpareBedroom wrote:
"Short Wave Sportfishing" wrote in message
news
On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom"
wrote:

Give me 3 examples of institutional speculators, please.
Index hedge funds

Private hedge funds

Sovereign funds.

Reinsurer funds.

Want me to continue? :)

Good work. You get extra chocolate milk later.

Now, why should any of those entities be entitled to move the price of a
commodity that's so crucial to almost everything we do?

Answer: They shouldn't. But, I'll stand by for your creative "other answer".

Do you understand the definition of commodity?

Pay special attention to 4 http://www.m-w.com/dictionary/commodity