TPTB
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TPTB
by Aqualung48 » Wed Mar 07, 2012 8:54 pm
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?
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Re: TPTB
by Engineer » Wed Mar 07, 2012 9:11 pm
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 $$$ into their pockets and gets burned. PMs, on the other hand, are a threat to the fiat banking system and must be controlled at all costs.
Over priced oil just puts $$$ 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.
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Re: TPTB
by barrytrot » Wed Mar 07, 2012 9:30 pm
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.
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.
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Re: TPTB
by highroller4321 » Wed Mar 07, 2012 9:52 pm
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!
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Re: TPTB
by Rodebaugh » Wed Mar 07, 2012 10:59 pm
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
This space for rent.
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Re: TPTB
by theo » Thu Mar 08, 2012 12:02 am
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.
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Re: TPTB
by Engineer » Thu Mar 08, 2012 2:36 am
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.
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Re: TPTB
by Lemon Thrower » Thu Mar 08, 2012 8:42 am
they want oil higher which is why the sabre-rattling over iran has been going on for 4-5 years now.
Lets Go Brandon!
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