Economic Gift
Oil prices fell today - due in large to the ‘gift’ to the UK from Iran. We’ll have to start pricing our commodity futures based on how often terrorist take hostages. I don’t know about everyone else - but we should name a road after President Ahmadinejad for his generosity. It would obviously have to be a ‘dead end’.
"We'll have to start pricing our commodity futures based on how often terrorist take hostages. "
Gee, I thought that "terrorist premium" was what was the driving force behind the last $35 per barrel.
WIMC - you're correct, however terrorists traditionally just behead people - not actually 'give' them back. We may have a new trend that may add to the volitile oil prices.
You don't believe that the price of oil (which is traded on the global market), is driven by the oil companies do you?
[quote=apprentice]
WIMC - you’re correct, however terrorists traditionally just behead people - not actually ‘give’ them back. We may have a new trend that may add to the volitile oil prices.
You don't believe that the price of oil (which is traded on the global market), is driven by the oil companies do you?
[/quote]Maybe the SEC should check into whether the Iranian president was trading S&P options in his offshore accounts.....
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