Quote:
Originally Posted by Mule
Commodities traders are similar to pimps.
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Yeah, sort of, but for a little while I was doing the same thing as they were until it starting stinking and I got out.
I despised the speculators not for the malipulation, but for lying about it and saying they weren't to blame for the drastic price jumps. I like capitalism but hate dishonesty. I didn't like their lies and I still don't like the flaws in the system that allowed and encouraged the manipulation.
See the way i see the problem is that the system is set up in a way that gives them an open door to this kind of thing. Unrestricted buying and selling options without ever having to take any physical delivery or posession is a recipe for manipulation. level the playing field, make the investors own at least a portion of what they buy, and they won't be likely to try and corner a market in the future.