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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default Gas getting higher.

On Mon, 28 Feb 2011 22:29:11 -0800, jps wrote:

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.


Of course it is. The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. There is no big tank labeled
reserves. It is the sum total of inventory on hand.


That's a bunch of crap. Those markets are manipulated as are the
stock prices you hold so dear. Let's see how much you like 'em when
they take the next dump.


Let's see if I understand this. When asset prices are moving in a
direction that is favorable to you, it's because you are a shrewd
investor and money manager. When values move in an unfavorable
direction it is because you are being manipulated?

Thanks, think I've got it now.