Wednesday, 14 January 2009

What a Price to Pay – Michael Damian (1991)

Last Sunday's edition of 60 Minutes took on the question head on whether the volatility in the price of oil the world markets have faced this past year is caused by an "invasion of speculators" who are holding the paper in order to make money and not the actual industry participants who deal with the supply and demand fundamentals when trading the commodity.

See for yourself and draw your own conclusion.

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