2015-02-17gata.org

``In today's distorted oil markets, prices do not reflect reality. They are driven instead by financial speculation, which outweighs the real-life factors of supply and demand. Financial markets tend to produce economic bubbles, and those bubbles tend to burst. Remember the dotcom bust and the subprime mortgage crisis? Furthermore, prices are prone to manipulation. We have not forgotten the rigging of the Libor interest rate benchmark and the gold price.''



Comments: Be the first to add a comment

add a comment | go to forum thread