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Posted by: ADAGUY 1 year, 3 months ago

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ADAGUY1 year, 3 months ago

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"Any stock market or commodity trader or econ 101 student knows that in our free market prices are set by supply and demand "

Supply and demand, as in Enron?

There are so many ways to construct fronts that are disguised on paper to look like real corporations which are trading futures every day. But in fact, many of them are no more than a way for a major trader to produce higher prices.

Lets say you buy 1000 worth of oil futures, then you sell them to me for 1100. Then I sell them back to you for 1200, then you sell them back to me for 1300, then some dumb jerk who doesn't know that he is being set up comes by and buys them for 1400 This is what is going on right now. But because many of the traders are overseas, it's impossible to do anything about it.

Bottom line is when it comes to future trading, much of the demand sector is a paper front.

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