Question:

How does US's low currency relative to other countrys right now affect the world's oil prices???

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How does US's low currency relative to other countrys right now affect the world's oil prices???

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2 ANSWERS


  1. I don't think it does.  The US Dollar merely buys fewer gallons than it did 8 years ago when we turned the country over to GW & Co.


  2. I am playing very big on oil trading, from Morgan Stanly,  Goldman & Sachs on the Wall Street .

    I bought millions and millions of barrels of oil when they cost $60--$100 a barrel. I expect to make a kill when I sell. But right now it’s only $145 a barrel. So here is my difficulty:

    I already requested my agents spin the media, like: “Oil future looks high, expecting to be in the range of $200 a barrel soon. ”   But it does not work price up as fast as I expected.

    I have also demanded my agent playing “China demand high” blaming game.

    I am glad to see that Congress is ignoring 19 top trade group’s letter demanding an end to rampant oil speculation

    Also I  am happy to see that the Media did not report it as I  desired.

    But how do I corner the oil future price up very fast ?  fast enough in time so not to get caught ?

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