Thread: GM bankruptcy!
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Old 07-03-2008, 02:54 PM   #63
chevydude26

 
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Join Date: Jun 2008
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Quote:
Originally Posted by SilverTurtle View Post
I think we all agree that doing away with oil futures would go a long way towards lowering the price of fuel... because speculation is just silly... its as close to gambling as you can get in the stock market... and really has no business being there.
you can't blame the speculators...they are just reacting to the current market...the fact that the supply is strained by our own government here in america...

if you get rid of the speculators the speculating will just move to other countries...it wouldn't change anything

and everybody speculates...when you go and buy products on sale and you buy more than usual...your speculating that the price is going to go up...
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