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Search: Posts Made By: TheDude
Forum: Commodities August 4th, 2013, 02:30 PM
Replies: 33
Views: 9,840
Posted By TheDude
How come? If I want to buy 1mil barrels and...

How come?

If I want to buy 1mil barrels and the market is at today's high, my OTC dealer will quote me above todays high. How is that not price discovery? He may well then hedge his short OTC...
Forum: Commodities August 4th, 2013, 08:38 AM
Replies: 33
Views: 9,840
Posted By TheDude
Thanks for the info. You make a good point in...

Thanks for the info. You make a good point in reference to the cash market. The cash market therefore would be easier to manipulate than the futures then; correct? Both futures and OTC pricing are...
Forum: Commodities August 3rd, 2013, 02:54 PM
Replies: 33
Views: 9,840
Posted By TheDude
Tell that to BP, Total, Shell, Exxon, Glencore,...

Tell that to BP, Total, Shell, Exxon, Glencore, Vitoil, etc etc.

ALL markets are manipulated. Even FX (in fact thats why FX markets exist so they can be manipulated by central banks to reach...
Forum: Commodities August 3rd, 2013, 02:38 PM
Replies: 33
Views: 9,840
Posted By TheDude
Maybe - but it does own the Suez Canal - which...

Maybe - but it does own the Suez Canal - which happens to be THE gateway for oil container ships from the middle east - read supply issues.
Forum: Commodities August 3rd, 2013, 02:35 PM
Replies: 33
Views: 9,840
Posted By TheDude
Yeah? Well I've got an Amex card and Im buying! ...

Yeah? Well I've got an Amex card and Im buying!

:becky:
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