Belt Auction

Are foreign investment houses playing a significant part in the bidding up of oil and commodities?

Are they printing their money faster than the US, flooding the world with their currencies, buying in larger bulk and bidding the US out of existence?

Public Comments

  1. sounds about right..
  2. High price of gasoline, in no particular order: Weak value of the dollar. Supply & demand - high demand in China for example and the Arabs keeping production down to keep the price up. Foreign events - rebels in Nigeria, for example, slow down the production or threats against Iran will spike the price. And as always, greedy speculators. Foreign investment houses can't exert that much influence to spike the price of a barrel of oil from $70 to $135.
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