“Central banks have a lot of experience in managing these things.”
Oil Futures
Geithner Says Not To Worry About Surging Oil Prices
Started by
johngeorge
, Feb 23 2011 02:07 PM
7 replies to this topic
#2
tommyt
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Posted 23 February 2011 - 02:26 PM
“Central banks have a lot of experience in managing these things.”
Oil Futures
ya, I should pay no attention to the prices I am paying for many things lately either? and this was BEFORE the last 3 days of oil blowing. no inflation out there.
#3
pdx5
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I want return OF my money more than return ON my money
Posted 23 February 2011 - 03:34 PM
Correct Mr Geithner, when you don't have a job, there is no need to spend money
on gasoline.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#4
Porky786
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Posted 23 February 2011 - 03:35 PM
“Central banks have a lot of experience in managing these things.”
Oil Futures
Sounds like US dollar is going uphill
#5
draggen33
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Posted 23 February 2011 - 03:46 PM
Glad I filled up motorhome for 2.89 last month!!“Central banks have a lot of experience in managing these things.”
Oil Futures
Sounds like US dollar is going uphill
#6
thespookyone
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Posted 23 February 2011 - 06:03 PM
Yep, they manage it-but unfortunately we are not whose interest they serve. I have no oil positions right now, but every time I see them pumping out the bogus $220 oil numbers on CNBC-I'd like to kick their A$$ES. They cheerlead it, while it takes a huge toll on our economy-it's pathetic, they are nothing more than pimps.
Edited by thespookyone, 23 February 2011 - 06:04 PM.
#7
jjc
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Posted 23 February 2011 - 06:53 PM
“Central banks have a lot of experience in managing these things.”
Oil Futures
Thanks John, I almost posted this myself.... Now did he just admit that the FED is managing the WTC/Brent spread?
They f with all the markets and they brag about it!
Wiskey, Tango Foxtrot.
#8
dasein
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Posted 24 February 2011 - 04:03 AM
the guy needs a therapist with a lot of experience in sociopathic behavior. disgraceful.
best,
klh
klh
