Quote:
Originally Posted by TheSenator
The sheep are getting fed that we need to drill for oil off the US coast.
Most Americans don't understand the future markets and speculative purchases.
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Greed doesn't discriminate and it knows no bounds. The only reason people get frantic about the price of oil is that 99.99% of people and businesses consume it and do not invest in it.
When the real estate market gets irrationally expensive, every get's giddy and greedy, since so many people are real estate investors.
The oil market is irrational right now, but as someone once said, the market can stay irrational far longer than you or I can stay solvent.