Quote:
Originally Posted by T-Bird76
Reason has is that the Gov't bail out of the market is going to drive up demand.
That explanation is ****. lol I heard a lot of analysts claim this in the news today. The fact that oil spiked $16 by close, even though the global economy is in the pooper and demand is way down, is proof that supply and demand aren't influencing the price. Speculators have hijacked the market. Well, not surprising at this point since they see commodities and gold as safe places to put their money. Gold shot up by a lot too.