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The Forum > Article Comments > Don't panic, nothing has really changed in the oil markets > Comments

Don't panic, nothing has really changed in the oil markets : Comments

By Dan Doyle, published 10/7/2015

Monday's 8% WTI crude decline is setting up a big opportunity for buyers. And there could be more to come.

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Don't panic, I hope they lose their shirts.

What do middlemen profit demanders do to the market except double the cost of everything.

These folks should get a real job instead of acting like the exploitive parasites they really are!

Debt laden speculators killed the Celtic economic miracle, destroyed the Spanish economy, and are doing their best to do the same to the chinese stock market?

There was a time before short selling and destructive computer assisted buy/sell micro movements, when the stock market existed to allow honest folk to share the risk of private enterprise and earn shared dividends as fair compensation for sharing the risk!

Now it seem ordinary mums and dads and their hardwon nest eggs are fair game for some of the most unscrupulous folk the world has ever produced!

Who talk about markets that perform!
Perform what?

Critical surgery as they remove the hypothetical arms and legs of ordinary mum and dad investors looking for a reasonable living in retirement!?

Now the market seems to exist for folk who seem to think the world owes them a living. If you want to gamble try poker and a cadre of similar get rich quick fools!

Or the Gee Gees, except the only way to make real money from the horses is to follow them with a shovel.

Thank god for the advent of electric car, the electric wall and electric highways; and the end of the oil market! Rhrosty
Posted by Rhrosty, Friday, 10 July 2015 11:15:27 AM
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Well said Rhrosty.
Posted by mikk, Friday, 10 July 2015 8:17:17 PM
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>What do middlemen profit demanders do to the market except double the cost of everything.

Rent seekers, the bane of increased productivity and fair pricing.
Posted by Valley Guy, Saturday, 11 July 2015 8:52:32 AM
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