Page 2 - Commodity Speculation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In the early '90s a series of wall street companies that were engaged in commodity speculation quietly applied to the government for exemptions that allowed speculators to be treated as physical hedgers so the result of that was that there was suddenly this huge influx of speculative money on the markets and just to show you how much of an influx there was, as of 2003 there was less than $30 billion a year of speculative money on the commodities markets. last year there was $350 billion. so there's been this explosion of speculation and all of that money is what they call long money which mean...

Interest that bp has control of all the facts and that sort of thing. very good point, sarah palin. i mean, that's actually an interesting thing to say. but she -- and this is a problem that a lot of conservatives have. they can never bring themselves to talk about the role of commodity speculation in the huge, you know, oil -- the oil shock of 2008. the one, remember when sarah palin was going around the country, yelling drill, baby, drill, and the crowds would cheer and she was beloved of the millions. what was actually going on, it wasn't opec was cutting off supplies of oil to america, it ...

With o'reilly last night, she went on and on about how bp, there's a huge conflict of interest that bp has control of all the facts and that sort of thing. very good on the, sarah palin. i mean, that's actually an interesting thing to say. but she -- and this is a problem that a lot of conservatives have. they can never bring themselves to talk about the role of commodity speculation in the huge, you know, oil -- the oil shock of 2008. the one, remember when sarah palin was going around the country, yelling drill, baby, drill, and the crowds would cheer and she was beloved of the millions. wha...

Went on and on about how bp, there's a huge conflict of interest that bp has control of all the facts and that sort of thing. very good point, sarah palin. i mean, that's actually an interesting thing to say. but she -- and this is a problem that a lot of conservatives have. they can never bring themselves to talk about the role of commodity speculation in the huge, you know, oil -- the oil shock of 2008. the one, remember when sarah palin was going around the country, yelling drill, baby, drill, and the crowds would cheer and she was beloved of the millions. what was actually going on, it was...