Thread: Oil Speculators
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Old 07-11-08, 04:21 PM   #24 (permalink)
scottm
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Join Date: Mar 2003
Location: Holland, Michigan
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Quote:
Originally Posted by GeoRoss View Post
At some point this will crash. Will it be an 80's style crash where oil dropped almost 75%? I don't think so, but it will be significant.
From what I've read, it would be catastrophic to the worlds markets at this point. I don't think governments dare to regulate it, which gives speculators more power than the governments.

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