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If the powers that be can knock down silver and gold prices, seemingly at will, why can't they do the same about oil and gas prices?

Oil is MUCH larger. Way many more players. Thats my guess?

Who says they want to? My guess is that the TBTF banks are using Fed money to bid it up in the first place and using the profits to cover their bad loan losses.

Over priced oil just puts $$$ into their pockets and gets burned. PMs, on the other hand, are a threat to the fiat banking system and must be controlled at all costs.

Who says they don't? I say that some PTB definitely DO.

This board just happens to focus on gold and silver.

Go to the "collecting oil" board and they have info there about the oil "control" also I'm sure.

Rodebaugh wrote:Oil is MUCH larger. Way many more players. Thats my guess?

I beleive 7 companies control 92% of the market?




The reason is beause they don't want oil prices to go down....they want their profits high!

highroller4321 wrote:

Rodebaugh wrote:Oil is MUCH larger. Way many more players. Thats my guess?

I beleive 7 companies control 92% of the market?
The reason is beause they don't want oil prices to go down....they want their profits high!

True.....but
I was thinking more along the lines of traders as opposed to producers.
Also Oil is an almost 100% consumed commodity whereas gold and (less so) silver are recoverable.

Just thoughts

barrytrot wrote:Who says they don't? I say that some PTB definitely DO.

This board just happens to focus on gold and silver.

Go to the "collecting oil" board and they have info there about the oil "control" also I'm sure.

The fact that oil (along with every other major commodity) is priced in dollars does tends to hold down oil prices for us.

Gas actually needs to be a little higher to catch up with PMs. It's less than 20 cents per gallon when compared to 90% coins, where it used to sell for a quarter a gallon in the early 60s.

they want oil higher which is why the sabre-rattling over iran has been going on for 4-5 years now.