the Bear SG ahahhaha...official Olympics Cheer as reported by... The Telegraph"Olympics! Add petrol! China! Add petrol!!"well, you know what they mean....
the Bear SG it's still hilarious no matter how you look at it unlike this upcoming story...=> Price of oil surges US$11 on "news of forecasts" that it'll hit US$150 by 4th Julythey forecast that it'll go up.. so in panic, they start buying and the price went up...
sbst275 SG morningIf I'm not wrong, NYMEX is starting an investigation for possible manipulation of oil prices if I did not remember wrongly
fudgester SG it's still hilarious no matter how you look at it unlike this upcoming story...=> Price of oil surges US$11 on "news of forecasts" that it'll hit US$150 by 4th Julythey forecast that it'll go up.. so in panic, they start buying and the price went up...Panic buying is a vicious cycle.....Prices rise => people panic => people start buying more => increased demand hikes price further => more people panic.....Same goes for rice.
the Bear SG morningIf I'm not wrong, NYMEX is starting an investigation for possible manipulation of oil prices if I did not remember wronglypossible?it's been manipulated by everyone who is in the business...
sbst275 SG possible?it's been manipulated by everyone who is in the business... me wonders too...anyway I think ppl will start to look at alternative sources of energy - just issue of will
the Bear SG panic buying.. or actually, lots of idiots working in the commodities market these days trying to make a quick buck..the price of oil is now up there and keeps going up because of speculation.. the reserves are full, there's enough production, consumption is stable...pure panic...
the Bear SG I'm wondering... those speculators dun need to use oil?no.. they trade in futures...it's all paper.. in a market that big, whatever position you're in, someone will buy the paper off you..
sbst275 SG no.. they trade in futures...it's all paper.. in a market that big, whatever position you're in, someone will buy the paper off you.. no I mean in life they dun need to use oil to survive at all?
the Bear SG CCB, its dark and going to rain..again! No wonder I have no motivation to buy a D300you can use the D300 to take macros of individual rashers of bacon in other news, go look at the guy who wrote in CC that he's "accepted his skull"
av98m SG you can use the D300 to take macros of individual rashers of bacon in other news, go look at the guy who wrote in CC that he's "accepted his skull"
the Bear SG North Korea has nothing except a lot of brainwashed people, a maniac in power, a 100+ floor monstrosity they abandoned, a shitload of weapons and no electricity..what the hell is wrong with the politicians elsewhere?just let them rot.. don't give a shit about them.. they'll go crawling to the rest of the world..
the Bear SG major-ass thunderstorm at my place..damn.. wanted to go walk at the park to stretch out my back a little..oh well.. stuck at home until time to go for wedding dinner.. which reminds me... i need to go to an ATM to extract some money for the angpow