At least half the jump in oil prices due to non-user speculators
 

In article , dump-on-
says...

On 3/9/12 6:33 AM, BAR wrote:
In articlez4WdnWeTHI5G_cTSnZ2dnUVZ_sCdnZ2d@earthlink .com, dump-on-
says...

On 3/8/12 7:29 PM, BAR wrote:
In raweb.com, 5@
5.com says...

On 3/8/2012 6:41 PM, X ` Man wrote:
Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It?s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran?s nuclear program have people spooked
that a potential attack would disrupt the country?s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who?s buying?

Talk to oil analysts these days and chances are they?ll tell you that
more than half the spike in the oil price is due to
speculators?specifically noncommercial users. That?s jargon for
investors who are buying up futures contracts not because they intend to
use the oil, but because they think it?s a good investment. These aren?t
airlines or refining companies; these are money managers betting that
the price will go up. And so far they?ve been right, thanks to themselves.

- - -

And we should allow oil speculating assholes to control our economy?

Then do something about it, dammit.

Harry doesn't know what a commodity is and how they are traded.

D'oh. I went to college, I took two econ courses, and I used to be
active in the market, and I've even speculated a bit. The actions of
many of today's oil speculators are having a drastically negative impact
on the economy and it shouldn't be tolerated. These aren't farmers
trading wheat futures or airlines trying to lay in a supply of fuel for
future use.

Are we supposed to be impressed by the fact that your transcript states
you passed, barely with a C, two econ classes. Obviously you didn't
learn anything in those econ classes.

You're confusing my grades with those of your hero ex president, George
"Dumbya" Bush. And why are you ranting? You didn't have the smarts to
succeed in any college and enlisted in the marines. D'oh.

Because someone has the means to attend a college doesn't make him
"smart", and because someone chose a different path to success doesn't
make him NOT smart.

At least half the jump in oil prices due to non-user speculators
 

On 3/9/2012 8:40 AM, iBoaterer wrote:
In articlej4mdnTwKEaY7Z8TSnZ2dnUVZ_sadnZ2d@earthlink .com, dump-on-
says...

On 3/9/12 6:33 AM, BAR wrote:
In articlez4WdnWeTHI5G_cTSnZ2dnUVZ_sCdnZ2d@earthlink .com, dump-on-
says...

On 3/8/12 7:29 PM, BAR wrote:
In raweb.com, 5@
5.com says...

On 3/8/2012 6:41 PM, X ` Man wrote:
Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It?s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran?s nuclear program have people spooked
that a potential attack would disrupt the country?s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who?s buying?

Talk to oil analysts these days and chances are they?ll tell you that
more than half the spike in the oil price is due to
speculators?specifically noncommercial users. That?s jargon for
investors who are buying up futures contracts not because they intend to
use the oil, but because they think it?s a good investment. These aren?t
airlines or refining companies; these are money managers betting that
the price will go up. And so far they?ve been right, thanks to themselves.

- - -

And we should allow oil speculating assholes to control our economy?

Then do something about it, dammit.

Harry doesn't know what a commodity is and how they are traded.

D'oh. I went to college, I took two econ courses, and I used to be
active in the market, and I've even speculated a bit. The actions of
many of today's oil speculators are having a drastically negative impact
on the economy and it shouldn't be tolerated. These aren't farmers
trading wheat futures or airlines trying to lay in a supply of fuel for
future use.

Are we supposed to be impressed by the fact that your transcript states
you passed, barely with a C, two econ classes. Obviously you didn't
learn anything in those econ classes.

You're confusing my grades with those of your hero ex president, George
"Dumbya" Bush. And why are you ranting? You didn't have the smarts to
succeed in any college and enlisted in the marines. D'oh.

Because someone has the means to attend a college doesn't make him
"smart", and because someone chose a different path to success doesn't
make him NOT smart.

The only reason Krause isn't living in a cardboard box is that his daddy
left him well fixed, and the generosity of a certain Dr.Dr.Dr.

--
O M G

At least half the jump in oil prices due to non-user speculators
 

On 08/03/2012 4:41 PM, X ` Man wrote:
Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It’s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran’s nuclear program have people spooked
that a potential attack would disrupt the country’s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who’s buying?

Actually, Iran isn't refusing to ship oil for a fair price.

USA has made it illegal to pay Iran a fair price. Why should Iran ship
oil to countries unable and unwilling to pay in a currency they can use?

On this subject I hear 0bnama's rant, but his feet go another direction.
Just looking to provoke a war to save his political-economic ass.
--
Corrupt USA, Euro Bank and Military Regime, funding both sides of
terrorism for profit and debt-tax slavery.

At least half the jump in oil prices due to non-user speculators
 

Simple solution: End users can write off the cost of raw materials against
their income for tax purposes.

Speculators are trading in contracts. Contracts are private negotiations
between two parties, Why then should the IRS allow the cost of said
contract (commodities futures, for example) be written off against the
eventual capital gain realized by its sale? With physical goods, it can be
demonstrated that the inputs were necessary to generate the outputs sold.

I mean, for all I know, the initial payment was for hookers and blow. The
latter sale is 100% profit. The two transactions have nothing to do with
each other and the second should be taxed as pure profit.

Now, if you still want to trade commodities, go for it.

--
Paul Hovnanian
------------------------------------------------------------------
If you're not part of the solution, you're part of the precipitate.

At least half the jump in oil prices due to non-user speculators
 

On 3/9/12 1:36 PM, Paul Hovnanian P.E. wrote:
Simple solution: End users can write off the cost of raw materials against
their income for tax purposes.

Speculators are trading in contracts. Contracts are private negotiations
between two parties, Why then should the IRS allow the cost of said
contract (commodities futures, for example) be written off against the
eventual capital gain realized by its sale? With physical goods, it can be
demonstrated that the inputs were necessary to generate the outputs sold.

I mean, for all I know, the initial payment was for hookers and blow. The
latter sale is 100% profit. The two transactions have nothing to do with
each other and the second should be taxed as pure profit.

Now, if you still want to trade commodities, go for it.



Great name for a public accounting firm:

Hookers&Blow

At least half the jump in oil prices due to non-user speculators
 

On 09/03/2012 11:36 AM, Paul Hovnanian P.E. wrote:
Simple solution: End users can write off the cost of raw materials against
their income for tax purposes.

Speculators are trading in contracts. Contracts are private negotiations
between two parties, Why then should the IRS allow the cost of said
contract (commodities futures, for example) be written off against the
eventual capital gain realized by its sale? With physical goods, it can be
demonstrated that the inputs were necessary to generate the outputs sold.

I mean, for all I know, the initial payment was for hookers and blow. The
latter sale is 100% profit. The two transactions have nothing to do with
each other and the second should be taxed as pure profit.

Now, if you still want to trade commodities, go for it.

You are clueless, you pay taxes on only the net gains after expenses.

Futures markets are necessary, no one is a forced participant. It is a
way for a producer to lock in a profit for their product before they
invest in seed, machinery or whatever. If a commodity has a contract at
say $12 a unit, the producer might have a $9 cost to produce the unit,
if providing a $12 futures contract the $3 profit.

This way if the price drops to $8/unit, the producer can still make a
profit on the commodity option strike price of $12. Essentially
guaranteeing a producer a price. But if the price goes up to $15 then
the producer gets $12 and the contract purchaser makes $3 on each.

Has a place to stabilize prices and reduce risk for producers.


--
Corrupt USA, Euro Bank and Military Regime, funding both sides of
terrorism for profit and debt-tax slavery.

At least half the jump in oil prices due to non-user speculators
 

In article ,
says...

On Fri, 9 Mar 2012 06:33:57 -0500, BAR wrote:

In article , dump-on-
says...

On 3/8/12 7:29 PM, BAR wrote:
In raweb.com, 5@
5.com says...

On 3/8/2012 6:41 PM, X ` Man wrote:
Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It?s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran?s nuclear program have people spooked
that a potential attack would disrupt the country?s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who?s buying?

Talk to oil analysts these days and chances are they?ll tell you that
more than half the spike in the oil price is due to
speculators?specifically noncommercial users. That?s jargon for
investors who are buying up futures contracts not because they intend to
use the oil, but because they think it?s a good investment. These aren?t
airlines or refining companies; these are money managers betting that
the price will go up. And so far they?ve been right, thanks to themselves.

- - -

And we should allow oil speculating assholes to control our economy?

Then do something about it, dammit.

Harry doesn't know what a commodity is and how they are traded.

D'oh. I went to college, I took two econ courses, and I used to be
active in the market, and I've even speculated a bit. The actions of
many of today's oil speculators are having a drastically negative impact
on the economy and it shouldn't be tolerated. These aren't farmers
trading wheat futures or airlines trying to lay in a supply of fuel for
future use.

Are we supposed to be impressed by the fact that your transcript states
you passed, barely with a C, two econ classes. Obviously you didn't
learn anything in those econ classes.

These speculators are hurting the American economy. Anybody with
common sense can see that. This gasoline scalping must end.

http://en.wikipedia.org/wiki/Chicago...ntile_Exchange

Do some reading up one commodities futures trading.

At least half the jump in oil prices due to non-user speculators
 

In article , dump-on-
says...

On 3/8/12 11:10 PM, Califbill wrote:
"X ` Man" wrote in message
...

Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It?s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran?s nuclear program have people spooked
that a potential attack would disrupt the country?s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who?s buying?

Talk to oil analysts these days and chances are they?ll tell you that
more than half the spike in the oil price is due to
speculators?specifically noncommercial users. That?s jargon for
investors who are buying up futures contracts not because they intend to
use the oil, but because they think it?s a good investment. These aren?t
airlines or refining companies; these are money managers betting that
the price will go up. And so far they?ve been right, thanks to themselves.

- - -

And we should allow oil speculating assholes to control our economy?


---------------------------------------

Then invest in oil futures and make big bucks.

It's not in the national interest to help drive up the price of oil
products by speculating.

Don't you want to support your President's energy policy?

At least half the jump in oil prices due to non-user speculators
 

On Thu, 08 Mar 2012 19:07:06 -0500, Oscar wrote:

On 3/8/2012 6:41 PM, X ` Man wrote:
Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It’s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran’s nuclear program have people spooked
that a potential attack would disrupt the country’s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who’s buying?

Talk to oil analysts these days and chances are they’ll tell you that
more than half the spike in the oil price is due to
speculators—specifically noncommercial users. That’s jargon for
investors who are buying up futures contracts not because they intend to
use the oil, but because they think it’s a good investment. These aren’t
airlines or refining companies; these are money managers betting that
the price will go up. And so far they’ve been right, thanks to themselves.

- - -

And we should allow oil speculating assholes to control our economy?

Then do something about it, dammit.

He can't. Very many of those 'speculators' live in Saudi Arabia.

At least half the jump in oil prices due to non-user speculators
 

On 3/9/12 8:00 PM, Happy John wrote:
On Thu, 08 Mar 2012 19:07:06 -0500, wrote:

On 3/8/2012 6:41 PM, X ` Man wrote:
Have Oil Speculators Already Priced In War With Iran?
By Matthew Philips on March 07, 2012


The last time the price of Brent crude closed below $100 a barrel was
Oct. 6, 2011. It’s since gone up nearly 30 percent, to a high of $126.20
on March 1. Tensions over Iran’s nuclear program have people spooked
that a potential attack would disrupt the country’s 2.2 million barrels
of daily oil exports. And so money has been pouring into oil futures
contracts, driving up the price without any significant change in the
underlying supply-and-demand fundamentals. Only the threat of one.

So who’s buying?

Talk to oil analysts these days and chances are they’ll tell you that
more than half the spike in the oil price is due to
speculators—specifically noncommercial users. That’s jargon for
investors who are buying up futures contracts not because they intend to
use the oil, but because they think it’s a good investment. These aren’t
airlines or refining companies; these are money managers betting that
the price will go up. And so far they’ve been right, thanks to themselves.

- - -

And we should allow oil speculating assholes to control our economy?

Then do something about it, dammit.

He can't. Very many of those 'speculators' live in Saudi Arabia.


How many, John? And how many are in the United States. Be specific.