Quote:
Originally Posted by Sly
Recent OPEC comments, Libya casually mentioning they may cut production, drop in the stock market, the fed rates staying low... that's just a few.
If the fed rates would have went up, the stock market would have went up, the dollar would have went up, and crude would have likely went down... along with economic growth.
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Everytime an oil seikh sneezes Goldman Sachs uses it as an excuse to predict higher prices.
I'm beginning to wonder how much money they got tied up in oil futures.