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SHRED's Journal
Posted by SHRED in General Discussion
Thu May 08th 2008, 08:36 AM
I understand the 2 major, and often ignored, reasons for rising oil prices are:

1. The devaluation slide of the dollar worldwide.
2. The "futures markets" driven by speculative investing.

Can someone explain, in simple terms, number 2 for me?

Thanks
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SHRED
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Ted
6293 posts
Member since Sat Nov 22nd 2003
Leucadia, CA
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