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I always saw futures speculation as a risky bet like day trading. However, the more I think about it, I am now thinking that speculators can also pre-purchase a product like Oil before it is produced for a client to use or resale in the future. Is this true? If so this could artificially induce a Peak Oil scenario years ahead of time. That means the competition for demand that would happen years from now can actually happen now in advance. Yes?
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