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#5
06-11-2008, 07:39 AM
Hummer Guru
Join Date: Jan 2005
Location: Oregon
Posts: 4,321
Re: World Oil Balance Charts
I was told, in April, that paper trades were ~3000 times higher than actual product being delivered, and that investors that normally buy the dollar, are instead buying oil futures. Hopefully, the trend will end.
It's good to see this discussion taking place.
Good info!
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